Domain reseller
The Internet is an ever-expanding system that supplies new ways to make money on the Internet. One of these options is to be a domain reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are millions of presently functioning domain names, so this is a developing business niche that you can become involved in.
TLDs and SLDs
A domain contains two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs comprise 2-character abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that deals with the registrations and sets the preconditions that each concrete TLD may contain, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to clients and handle all domain records.
Make Cash From Selling Domains
Plenty of Registrars have reseller programs that permit people to earn money from selling domains to end users. If you subscribe to such a program, you can set up your own personal Internet business. Usually, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can reach more people in provinces or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Trade Domains Under Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will have a web page hosting Control Panel where you can determine the prices for the various Top-Level Domains that the Registrar provides. Most firms also offer invoicing transaction software and web skins for your virtual storefront, and the automation of the entire process combined with the strong demand for domain names make the domain reseller industry so seductive. You will either acquire a pre-built site and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own site and order form. Usually, you have the option to decide between the 2 options, so it all revolves around how expert you are in these affairs. As a domain reseller, you will do business under your own trademark name and not under the Registrar's.
Gain Cash From Supplying Website Hosting Plans Too
A suitable supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to individuals who would like to establish their web site and require both a domain name and a site hosting plan. Certain firms furnish such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice software to charge your customers. You can then offer TLDs and shared web hosting plans to clients, and since they offer lots of different domain name extensions, you will be able to provide domain name and hosting services to users from all around the world.