Domain name reseller
The Internet is an ever-expanding community that delivers new opportunities to make cash on the Web. One of these ways is to become a domain name reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a flourishing trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name comprises two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-letter abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and determines the prerequisites that each specific top-level domain name may contain, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually sell the domain name to clients and handle all domain records.
Earn Money From Reselling Domain Names
Multiple Registrars have reseller programs that enable individuals to gain cash from selling domain names to end users. If you register with such a program, you can launch your very own electronic business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can reach more clients in areas or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domain Names Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will obtain a CP where you can determine the prices for the separate top-level domain names that the Registrar offers. Most corporations also provide invoicing software and site layouts for your virtual shop, and the automation of the entire process coupled with the increasing demand for domains make the domain reseller business niche so tempting. You will either acquire a turn-key web site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web site and order form. Traditionally, you have the option to choose between the 2 options, so it all depends on how skillful you are in these affairs. As a domain reseller, you will work on behalf of your very own personal brand and not under the Registrar's brand.
Gain Money From Promoting Website Hosting Plans As Well
An adequate supplement to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to persons who want to build their online portal and require both a domain and a web space hosting package. Some corporations furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing software to charge your clients. You can then offer Top-Level Domains and shared website hosting plans to clients, and since they offer many different domain extensions, you will be able to provide domain and hosting services to users from all around the globe.