Domain name reseller
The Internet is an ever-growing platform that provides new opportunities to earn cash on the Internet. One of these opportunities is to become a domain reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are millions of currently active domains, so this is a developing trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name consists of two constituents - 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.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 2-character abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that manages the registrations and determines the requirements that each concrete Top-Level Domain may involve, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and manage all domain name resource records.
Earn Money From Offering Domains
Lots of Registrars have reseller programs that permit individuals to earn money from offering domains to end clients. If you register with such a program, you can kickstart your own Internet business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can contact more customers in provinces or states where the Registrar may not be popular whatsoever. 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.
Offer Top-Level Domain Names On Behalf Of Your Very Own Trademark Name
When you register with a domain name reseller program, you will obtain a website hosting Control Panel where you can set the prices for the specific TLDs that the Registrar offers. Most companies also offer invoicing transaction software and web skins for your online storefront, and the automation of the entire procedure together with the enlarging demand for domains make the domain reseller business niche so seductive. You will either obtain a pre-made site and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own online portal and form for placing orders. Traditionally, you have the opportunity to choose between the two options, so it all revolves around how skilled you are in these affairs. As a domain reseller, you will work on behalf of your very own personal trademark name and not on behalf of the Registrar's.
Make Revenue From Providing Web Space Hosting Plans As Well
A suitable addition to your domain reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to users who wish to launch their site and need both a domain name and a web space hosting account. A few companies furnish such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free invoice management software to charge your customers. You can then offer top-level domain names and shared web hosting packages to clients, and since they provide many different domain extensions, you will be able to provide domain name and hosting services to individuals from all over the world.