Domain name reseller
The Internet is an ever-enlarging platform that offers new possibilities to earn money on the Web. One of them is to become a domain name reseller and sell domains to end customers, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered every day, and there are millions of currently active domains, so this is a growing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name consists of two entities - 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 second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-letter abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that administers the registrations and sets the prerequisites that each given TLD may include, including the duration of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to customers and administer all domain records.
Earn Cash From Reselling Domains
A lot of Registrars have reseller programs that enable people to earn money from offering domains to end customers. If you sign up for such a program, you can kickstart your very own personal online business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can contact more clients in local districts or countries where the Registrar may not be popular at all. 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 name registration.
Sell Domain Names On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will acquire a CP where you can determine the prices for the different Top-Level Domains that the Registrar provides. Most companies also offer invoice software and web design layouts for your web storefront, and the automation of the entire procedure coupled with the enormous demand for domains render the domain name reseller market niche so seductive. You will either obtain a ready-for-use web site and use the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own web site and form for placing orders. Commonly, you have the option to pick between the two possibilities, so it all revolves around how accomplished you are in these things. As a domain name reseller, you will do business on behalf of your very own personal brand and not under the Registrar's.
Gain Money From Promoting Web Space Hosting Solutions As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to individuals who want to establish their web portal and need both a domain name and a web site hosting account. Given companies furnish such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing management software to bill your customers. You can then offer domains and shared website hosting packages to clients, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to customers from all over the globe.