Domain name reseller
The Internet is an ever-expanding community that offers new opportunities to earn cash on the Internet. One of these options is to become a domain reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domain names, so this is a growing business niche that you can be engaged in.
TLDs and SLDs
A domain involves two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names include two-character abbreviations that denote 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 or a ccTLD, has a Registry - an organization that administers the registrations and determines the preconditions that each specific top-level domain name may entail, among them the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually sell the domain name to clients and handle all domain records.
Make Money From Trading Domain Names
Many Registrars have reseller programs that enable people to earn revenue from offering domain names to end users. If you subscribe to such a program, you can establish your own web business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can reach more persons in regions or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade Domain Names On Behalf Of Your Personal Brand
When you sign up for a domain reseller program, you will receive a hosting CP where you can choose the prices for the various top-level domain names that the Registrar offers. Most companies also provide invoicing software and website templates for your online shop, and the automation of the whole process combined with the growing demand for domains render the domain reseller market so alluring. You will either obtain a pre-made site and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal website and order form. Traditionally, you have the opportunity to choose between the two options, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will sell on behalf of your own brand name and not under the Registrar's brand.
Gain Money From Selling Web Space Hosting Plans Too
An adequate supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to persons who desire to make their web page and require both a domain and a site hosting plan. Some corporations supply such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice software to charge your customers. You can then sell domain names and shared web hosting accounts to clients, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to users from all around the world.