Domain name reseller
The Internet is an ever-enlarging network that offers new possibilities to make cash online. One of these options is to become a domain name reseller and sell domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are millions of currently functioning domain names, so this is an expanding trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name involves 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise 2-character abbreviations that stand for 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 Top-Level Domain, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each specific top-level domain name may involve, like the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact sell the domain name to customers and manage all DNS records.
Make Revenue From Trading Domains
A lot of Registrars have reseller programs that enable people to earn money from selling domain names to end clients. If you sign up for such a program, you can build your own personal e-business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more clients in local regions or states where the Registrar may not be famous at all. 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 user pays and the one that the Registrar charges for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Personal Brand Name
When you register with a domain reseller program, you will acquire a webspace hosting CP where you can determine the prices for the specific top-level domain names that the Registrar offers. Most corporations also offer invoice management software and layouts for your virtual store, and the automation of the entire procedure combined with the big demand for domain names make the domain name reseller market so seductive. You will either obtain a ready-made site and make use of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal portal and form for placing orders. Commonly, you have the opportunity to choose between the two options, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will do business under your very own personal trademark name and not under the Registrar's.
Gain Cash From Providing Web Space Hosting Packages As Well
An excellent supplement to your domain reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to customers who want to develop their website and require both a domain and a hosting plan. Some corporations have such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free billing transaction software to bill your customers. You can then offer top-level domain names and shared website hosting accounts to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain name and hosting services to persons from all around the globe.