Domain reseller
The Internet is an ever-flourishing community that delivers new ways to earn cash on the Web. One of these options is to become a domain name reseller and offer domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domain names, so this is a flowering trading niche that you can become involved in.
TLDs and SLDs
A domain name contains two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of 2-letter abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that manages the registrations and sets the preconditions that each concrete top-level domain name may entail, like the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain records.
Earn Profit From Reselling Domain Names
Many Registrars have reseller programs that enable individuals to make cash from selling domains to end customers. If you register with such a program, you can launch your very own Internet business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can contact more clients in regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Resell TLDs Under Your Own Personal Brand
When you sign up for a domain reseller program, you will receive a web hosting CP where you can choose the prices for the separate Top-Level Domains that the Registrar provides. Most companies also offer invoice management software and web templates for your web storefront, and the automation of the entire procedure combined with the rising demand for domain names render the domain name reseller industry so tempting. You will either have a pre-developed web site and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web site and form for placing orders. Traditionally, you have the opportunity to select between the two alternatives, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will do business under your very own brand and not under the Registrar's brand.
Earn Money From Promoting Web Space Hosting Packages Too
A nice supplement to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to individuals who want to launch their web site and demand both a domain and a hosting package. Given firms supply such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice software to charge your customers. You can then offer TLDs and shared web hosting accounts to clients, and since they provide plenty of different domain name extensions, you will be able to provide domain and hosting services to clients from all over the world.