Domain name reseller
The Internet is an ever-increasing community that provides new options to make money on the Web. One of these ways is to become a domain name reseller and offer domain names to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domains, so this is an increasing trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name involves two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise two-character abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that manages the registrations and sets the preconditions that each specific top-level domain name may impose, including the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain records.
Earn Cash From Selling Domain Names
Plenty of Registrars have reseller programs that permit people to gain profit from offering domain names to end customers. If you sign up for such a program, you can start your own web business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can reach more clients in regional communities or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Resell Domain Names Under Your Personal Brand
When you register with a domain reseller program, you will get a site hosting CP where you can settle the prices for the individual top-level domain names that the Registrar provides. Most firms also provide invoicing software and web page layouts for your web storefront, and the automation of the entire procedure together with the growing demand for domain names render the domain reseller industry so desirable. You will either obtain a turn-key site and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own web portal and order form. Traditionally, you have the opportunity to decide between the two alternatives, so it all depends on how trained you are in these matters. As a domain reseller, you will sell under your own personal brand name and not under the Registrar's.
Gain Revenue From Selling Hosting Accounts As Well
A relevant addition to your domain reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to clients who desire to manage their web site and require both a domain and a web space hosting account. Some firms have such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing transaction software to charge your clients. You can then sell domains and shared website hosting accounts to clients, and since they provide a lot of different domain extensions, you will be able to provide domain name and hosting services to individuals from all over the world.