Domain name reseller
The Internet is an ever-increasing system that furnishes new opportunities to earn money online. One of these options is to become a domain name reseller and sell domain names to end customers, earning revenue 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 functioning domain names, so this is a blossoming trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain includes two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs include the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-letter abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the prerequisites that each given TLD may impose, including the duration of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually sell the domain name to customers and administer all domain name records.
Make Profit From Trading Domains
Many Registrars have reseller programs that allow people to make cash from offering domains to end users. If you register with such a program, you can launch your very own personal online business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can contact more persons in local regions or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Sell Domain Names Under Your Very Own Brand
When you sign up for a domain reseller program, you will receive a hosting Control Panel where you can determine the prices for the different Top-Level Domains that the Registrar offers. Most firms also provide billing transaction software and design skins for your virtual shop, and the automation of the entire procedure together with the huge demand for domains render the domain reseller business niche so attractive. You will either have a ready-to-use website and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own portal and form for placing orders. Commonly, you have the option to select between the 2 options, so it all depends on how skilled you are in these affairs. As a domain name reseller, you will operate under your own personal brand and not under the Registrar's.
Earn Money From Selling Webspace Hosting Packages Too
A perfect supplement to your domain reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to clients who want to establish their website and demand both a domain and a site hosting plan. Given corporations furnish such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing software to charge your customers. You can then offer domains and shared website hosting accounts to clients, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to clients from all over the globe.