Domain name reseller
The Internet is an ever-enlarging network that furnishes new options to make cash online. One of these possibilities is to be a domain name reseller and offer domain names to end clients, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is an expanding trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name is made of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include two-character abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code one, has a Registry - an institution that administers the registrations and sets the preconditions that each concrete Top-Level Domain may include, such as the length of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to clients and handle all DNS records.
Make Money From Offering Domain Names
Lots of Registrars have reseller programs that enable individuals to make profit from offering domain names to end customers. If you subscribe to such a program, you can kick off your own personal web 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 reason is that resellers can reach more persons in regional districts or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides 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 levies for the domain registration.
Sell TLDs Under Your Personal Brand
When you subscribe to a domain name reseller program, you will receive a web site hosting CP where you can choose the prices for the different TLDs that the Registrar offers. Most companies also offer invoicing software and web templates for your virtual store, and the automation of the whole process together with the considerable demand for domain names render the domain reseller market so attractive. You will either receive a turn-key web site and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web site and order form. Usually, you have the opportunity to select between the 2 options, so it all revolves around how advanced you are in these things. As a domain name reseller, you will work on behalf of your personal brand and not under the Registrar's brand.
Earn Cash From Selling Web Space Hosting Services Too
A suitable supplement to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to persons who desire to develop their web page and demand both a domain name and a web page hosting package. A number of corporations supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice software to bill your customers. You can then offer top-level domain names and shared website hosting packages to clients, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the world.