Domain name reseller
The Internet is an ever-enlarging network that provides new possibilities to earn cash on the Web. One of these opportunities is to become a domain name reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domains, so this is a flowering trading niche that you can be engaged in.
TLDs and SLDs
A domain is made of two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-character abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code TLD, has a Registry - an institution that manages the registrations and sets the preconditions that each given TLD may entail, such as the length of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain records.
Earn Money From Trading Domains
Plenty of Registrars have reseller programs that enable people to earn profit from selling domain names to end clients. If you register with such a program, you can kickstart your own personal online business. Normally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can reach more individuals in local districts or states where the Registrar may not be famous at all. 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 user pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domains Under Your Own Personal Brand
When you subscribe to a domain name reseller program, you will receive a web site hosting Control Panel where you can settle the prices for the different top-level domain names that the Registrar provides. Most companies also offer invoicing software and site themes for your web store, and the automation of the whole process coupled with the considerable demand for domain names make the domain name reseller business so attractive. You will either acquire a ready-to-use website and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own web site and order form. Typically, you have the opportunity to select between the 2 possibilities, so it all depends on how accomplished you are in these affairs. As a domain reseller, you will operate on behalf of your personal brand and not on behalf of the Registrar's brand.
Gain Cash From Promoting Web Space Hosting Plans Too
A nice addition to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to people who desire to set up their web site and need both a domain name and a web page hosting account. Some corporations supply such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing software to charge your customers. You can then offer top-level domain names and shared web hosting accounts to clients, and since they provide lots of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all around the world.