Domain name reseller
The Internet is an ever-growing community that furnishes new opportunities to make cash on the Internet. One of these opportunities is to become a domain name reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of presently active domain names, so this is a flourishing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain involves two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs contain 2-character abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a ccTLD, has a Registry - an institution that handles the registrations and determines the preconditions that each given Top-Level Domain may have, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all domain name resource records.
Earn Revenue From Trading Domains
Multiple Registrars have reseller programs that allow individuals to gain profit from selling domain names to end users. If you subscribe to such a program, you can establish your own personal Internet business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more clients in regional districts or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Resell Top-Level Domain Names Under Your Personal Brand
When you register with a domain name reseller program, you will get a website hosting CP where you can select the prices for the specific TLDs that the Registrar offers. Most companies also provide billing transaction software and web design skins for your virtual shop, and the automation of the whole process coupled with the rising demand for domains make the domain reseller market niche so attractive. You will either obtain a pre-developed web site and utilize the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own site and form for placing orders. Traditionally, you have the opportunity to pick between the 2 options, so it all depends on how skilled you are in these affairs. As a domain name reseller, you will do business on behalf of your own personal brand and not on behalf of the Registrar's.
Make Revenue From Trading Site Hosting Plans As Well
A reasonable addition to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to users who would like to make their web page and need both a domain name and a website hosting package. Given firms offer such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing transaction software to bill your clients. You can then sell TLDs and shared website hosting accounts to customers, and since they provide plenty of different domain name extensions, you will be able to provide domain and hosting services to individuals from all around the globe.