Domain name reseller
The Internet is an ever-flourishing community that delivers new possibilities to earn cash on the Web. One of these opportunities is to become a domain reseller and offer domain names to end customers, gaining 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 millions of currently functioning domains, so this is an enlarging trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain involves 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names include two-letter abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code one, has a Registry - an organization that is responsible for the registrations and determines the requirements that each specific top-level domain name may have, such as the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and administer all domain name records.
Earn Revenue From Trading Domains
Plenty of Registrars have reseller programs that allow people to make profit from selling domains to end customers. If you sign up for such a program, you can launch your very own web business. Usually, a domain 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 customers in regional districts or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Sell Top-Level Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you subscribe to a domain reseller program, you will have a web hosting Control Panel where you can determine the prices for the different TLDs that the Registrar provides. Most corporations also offer invoicing software and layouts for your virtual storefront, and the automation of the whole procedure combined with the enormous demand for domain names render the domain name reseller market so seductive. You will either get a ready-to-use web site and use the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own web portal and form for placing orders. Typically, you have the opportunity to select between the two alternatives, so it all depends on how skilled you are in these affairs. As a domain name reseller, you will do business under your very own trademark name and not on behalf of the Registrar's brand.
Earn Money From Promoting Web Hosting Solutions As Well
A nice addition to your domain name reseller business would be to sell web hosting services too. In this way, you can give a package deal to users who would like to establish their online portal and need both a domain and a hosting account. A few firms supply such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice management software to charge your clients. You can then sell Top-Level Domains and shared hosting accounts to customers, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to clients from all around the globe.