Domain name reseller
The Internet is an ever-developing network that offers new opportunities to make cash on the Web. One of these options is to be a domain reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently functioning domains, so this is an enlarging trading niche that you can become engaged in.
TLDs and SLDs
A domain comprises 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 2-letter abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each specific top-level domain name may have, among them the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to customers and manage all DNS resource records.
Make Cash From Offering Domains
Many Registrars have reseller programs that allow people to earn revenue from offering domain names to end users. If you sign up for such a program, you can build your very own personal electronic business. Typically, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more people in provinces or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Sell TLDs Under Your Very Own Brand
When you sign up for a domain reseller program, you will get a webspace hosting Control Panel where you can settle the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide invoice software and design skins for your virtual shop, and the automation of the entire procedure coupled with the big demand for domain names render the domain reseller market niche so tempting. You will either acquire a pre-made site and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own web portal and order form. Generally, you have the opportunity to decide between the 2 options, so it all revolves around how expert you are in these things. As a domain name reseller, you will work under your own trademark name and not under the Registrar's.
Earn Money From Trading Web Site Hosting Solutions Too
A suitable supplement to your domain reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to users who would like to build their online portal and require both a domain name and a web space hosting plan. A few corporations have such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoicing transaction software to bill your customers. You can then sell TLDs and shared website hosting plans to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain and hosting services to customers from all around the world.