Domain name reseller
The Internet is an ever-developing community that supplies new options to gain cash on the Web. One of these possibilities is to become a domain reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are millions of presently functioning domain names, so this is a flourishing trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain is made of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an institution that administers the registrations and sets the prerequisites that each particular top-level domain name may entail, among them the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually sell the domain name to customers and manage all DNS resource records.
Earn Money From Trading Domain Names
Lots of Registrars have reseller programs that allow individuals to make revenue from selling domain names to end users. If you register with such a program, you can kick off your own personal web business. Generally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can contact more individuals in areas or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell Top-Level Domains On Behalf Of Your Own Personal Brand Name
When you register with a domain reseller program, you will obtain a web space hosting CP where you can fix the prices for the various TLDs that the Registrar provides. Most firms also offer invoice management software and design themes for your web store, and the automation of the entire process coupled with the increasing demand for domains render the domain name reseller market so tempting. You will either have a ready-for-use site and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own web page and order form. Typically, you have the opportunity to decide between the 2 possibilities, so it all revolves around how expert you are in these things. As a domain reseller, you will work under your very own personal brand name and not under the Registrar's brand.
Earn Cash From Supplying Web Hosting Packages As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to users who wish to make their web portal and need both a domain and a web hosting package. Some corporations provide such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free billing 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 name and hosting services to individuals from all over the world.