Domain name reseller
The Internet is an ever-enlarging system that delivers new opportunities to earn cash on the Web. One of these ways is to become a domain name reseller and sell domains to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of presently functioning domains, so this is a blossoming trading niche that you can be a part of.
TLDs and SLDs
A domain contains two pieces - 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.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of two-letter abbreviations that represent 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 top-level domain name, has a Registry - an organization that manages the registrations and sets the prerequisites that each specific Top-Level Domain may impose, including the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain records.
Gain Profit From Trading Domain Names
Lots of Registrars have reseller programs that allow individuals to earn money from selling domain names to end customers. If you sign up for such a program, you can set up your very own personal online business. Usually, a domain will cost less 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 contact more people in local districts or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domain Names Under Your Own Personal Brand
When you sign up for a domain reseller program, you will get a webspace hosting CP where you can choose the prices for the specific Top-Level Domains that the Registrar offers. Most corporations also provide invoicing software and website layouts for your virtual store, and the automation of the entire procedure together with the huge demand for domain names render the domain name reseller market so seductive. You will either obtain a turn-key website and avail of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web page and form for placing orders. Generally, you have the opportunity to pick between the two options, so it all depends on how advanced you are in these things. As a domain reseller, you will do business under your very own trademark name and not on behalf of the Registrar's.
Gain Cash From Offering Web Space Hosting Packages Too
A nice addition to your domain name reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to clients who would like to manage their website and need both a domain and a webspace hosting package. Certain firms offer such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice software to charge your clients. You can then sell top-level domain names and shared website hosting packages to customers, and since they provide a lot of different domain name extensions, you will be able to provide domain name and hosting services to clients from all over the globe.