Domain name reseller
The Internet is an ever-developing community that provides new possibilities to make cash online. One of them is to become a domain name reseller and offer domains to end clients, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are millions of presently functioning domains, so this is an expanding trading niche that you can be a part of.
TLDs and SLDs
A domain is composed of 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve two-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and determines the requirements that each given Top-Level Domain may impose, like the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact offer the domain name to customers and handle all DNS records.
Make Cash From Trading Domains
Multiple Registrars have reseller programs that enable people to make revenue from offering domain names to end customers. If you sign up for such a program, you can begin your very own Internet business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can contact more persons in provinces or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Sell Domains On Behalf Of Your Own Trademark Name
When you register with a domain reseller program, you will have a web site hosting Control Panel where you can determine the prices for the various top-level domain names that the Registrar offers. Most corporations also offer invoice transaction software and web themes for your online store, and the automation of the whole process combined with the high demand for domain names make the domain name reseller market niche so tempting. You will either acquire a ready-for-use site and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal site and form for placing orders. Typically, you have the opportunity to decide between the 2 possibilities, so it all depends on how advanced you are in these affairs. As a domain name reseller, you will operate under your very own personal brand name and not under the Registrar's.
Make Money From Supplying Webspace Hosting Solutions As Well
A good supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to clients who would like to launch their web portal and need both a domain name and a site hosting package. Certain corporations offer such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to charge your customers. You can then offer domain names and shared hosting accounts to customers, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to people from all around the world.