Domain name reseller
The Internet is an ever-growing system that provides new opportunities to make money on the Web. One of these opportunities is to become a domain name reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently functioning domains, so this is a thriving trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name contains two parts - a Top-Level Domain (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 name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of 2-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and sets the preconditions that each particular Top-Level Domain may include, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to customers and manage all DNS records.
Make Cash From Selling Domains
Many Registrars have reseller programs that permit people to earn profit from selling domains to end customers. If you register with such a program, you can kick off your own web business. Typically, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can reach more clients in local districts or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domains Under Your Personal Trademark Name
When you sign up for a domain reseller program, you will acquire a web hosting Control Panel where you can set the prices for the specific Top-Level Domains that the Registrar offers. Most companies also offer invoice software and web design layouts for your online store, and the automation of the whole process combined with the considerable demand for domain names make the domain reseller market niche so attractive. You will either receive a turn-key site and use the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal website and order form. Generally, you have the option to select between the two alternatives, so it all revolves around how trained you are in these things. As a domain name reseller, you will do business under your very own brand name and not on behalf of the Registrar's brand.
Earn Cash From Reselling Web Site Hosting Accounts As Well
A reasonable supplement to your domain reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to clients who want to create their web page and need both a domain and a hosting plan. Some companies provide such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free invoice software to bill your clients. You can then sell domains and shared website hosting plans to customers, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to people from all around the globe.