Domain name reseller
The Internet is an ever-expanding platform that offers new options to make money on the Internet. One of these options is to be a domain reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently functioning domain names, so this is an increasing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name is composed of two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-letter abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the preconditions that each particular TLD may impose, such as the length of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain records.
Gain Cash From Trading Domain Names
Numerous Registrars have reseller programs that permit individuals to make cash from selling domains to end clients. If you register with such a program, you can launch your own online business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can contact more clients in local districts or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Personal Brand
When you register with a domain name reseller program, you will obtain a web site hosting Control Panel where you can select the prices for the individual TLDs that the Registrar offers. Most firms also offer invoicing transaction software and web site skins for your virtual store, and the automation of the whole procedure combined with the vast demand for domain names make the domain name reseller business niche so desirable. You will either receive a pre-developed site and use the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal web site and form for placing orders. Commonly, you have the option to select between the 2 options, so it all depends on how experienced you are in these things. As a domain reseller, you will operate on behalf of your personal brand name and not on behalf of the Registrar's.
Earn Money From Trading Hosting Services As Well
A suitable addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to clients who want to make their site and require both a domain name and a web page hosting package. Certain firms furnish such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free invoicing software to bill your customers. You can then sell TLDs and shared web hosting accounts to clients, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to people from all over the world.