Domain name reseller
The Internet is an ever-growing system that provides new opportunities to make money online. One of these possibilities is to become a domain reseller and sell domain names to end users, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a flourishing trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name consists of two constituents - a top-level domain name (TLD) and a second-level domain name (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 TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of two-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that deals with the registrations and determines the requirements that each given TLD may have, like the length of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and administer all domain name records.
Earn Cash From Selling Domain Names
Lots of Registrars have reseller programs that enable people to make money from offering domain names to end users. If you register with such a program, you can start your own web business. As a rule, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can contact more individuals in regional districts or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will profit from 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.
Trade Top-Level Domain Names On Behalf Of Your Very Own Personal Brand
When you sign up for a domain reseller program, you will have a web page hosting Control Panel where you can determine the prices for the separate top-level domain names that the Registrar provides. Most companies also provide billing transaction software and web layouts for your virtual shop, and the automation of the entire procedure combined with the high demand for domains make the domain reseller industry so attractive. You will either acquire a turn-key web site and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own web portal and form for placing orders. Generally, you have the opportunity to decide between the 2 alternatives, so it all revolves around how proficient you are in these matters. As a domain reseller, you will work on behalf of your own personal brand and not on behalf of the Registrar's.
Earn Revenue From Reselling Web Page Hosting Accounts As Well
A sensible supplement to your domain reseller business would be to sell web hosting services as well. In this way, you can give a package deal to people who desire to have their site and demand both a domain name and a site hosting account. A number of companies furnish such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to bill your customers. You can then sell top-level domain names and shared hosting plans to customers, and since they offer many different domain extensions, you will be able to offer domain and hosting services to clients from all around the globe.