Domain name reseller
The Internet is an ever-increasing system that offers new ways to make cash on the Internet. One of these options is to be a domain name reseller and offer domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of currently functioning domain names, so this is an increasing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is composed of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-letter abbreviations that denote 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 generic Top-Level Domain or a country-code one, has a Registry - an institution that handles the registrations and determines the prerequisites that each particular Top-Level Domain may involve, including the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and administer all domain resource records.
Make Money From Trading Domain Names
Numerous Registrars have reseller programs that permit individuals to earn money from selling domains to end users. If you register with such a program, you can commence your own Internet business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can contact more persons in local regions or countries 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 imposes for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will acquire a webspace hosting CP where you can set the prices for the different Top-Level Domains that the Registrar provides. Most corporations also offer billing management software and web page skins for your web shop, and the automation of the entire process combined with the rising demand for domains render the domain reseller market niche so seductive. You will either receive a pre-built website and use the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own site and form for placing orders. Typically, you have the opportunity to choose between the 2 alternatives, so it all revolves around how proficient you are in these issues. As a domain name reseller, you will work under your personal brand and not under the Registrar's brand.
Earn Profit From Supplying Web Page Hosting Services As Well
A good supplement to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to people who want to establish their website and demand both a domain name and a website hosting plan. Particular firms furnish such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice management 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 persons from all over the world.