Domain name reseller
The Internet is an ever-expanding system that generates new opportunities to make cash on the Internet. One of these opportunities is to be a domain reseller and sell domain names to end clients, making profit 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 millions of currently functioning domain names, so this is a blossoming trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain consists of 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
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 comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the requirements that each given top-level domain name may have, like the length of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually sell the domain name to clients and handle all domain records.
Gain Revenue From Offering Domain Names
Many Registrars have reseller programs that permit individuals to make money from selling domain names to end customers. If you register with such a program, you can set up your own personal online business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more people in areas or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell Top-Level Domains On Behalf Of Your Personal Brand
When you subscribe to a domain name reseller program, you will have a website hosting Control Panel where you can settle the prices for the various Top-Level Domains that the Registrar provides. Most companies also provide invoice transaction software and design templates for your online storefront, and the automation of the whole procedure together with the growing demand for domains render the domain name reseller business so alluring. You will either have a ready-to-use website and make use of 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 very own web site and order form. Normally, you have the option to choose between the two alternatives, so it all depends on how skillful you are in these affairs. As a domain name reseller, you will do business under your very own personal brand name and not under the Registrar's.
Make Money From Providing Website Hosting Plans As Well
A good supplement to your domain name reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to users who would like to create their site and require both a domain and a site hosting plan. Given firms have such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free invoicing software to charge your customers. You can then sell domains and shared hosting plans to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain name and hosting services to people from all over the globe.