Domain name reseller
The Internet is an ever-increasing community that generates new opportunities to earn money on the Web. One of these possibilities is to become a domain name reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are millions of currently functioning domain names, so this is a flowering trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain contains two parts - a Top-Level Domain (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 name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of 2-letter abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the requirements that each given Top-Level Domain may contain, like the duration of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually sell the domain name to clients and handle all domain resource records.
Earn Cash From Selling Domain Names
A lot of Registrars have reseller programs that enable individuals to earn cash from selling domain names to end users. If you register with such a program, you can initiate your own electronic business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more persons in local districts or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Offer Top-Level Domain Names Under Your Own Personal Brand
When you subscribe to a domain name reseller program, you will get a web site hosting CP where you can settle the prices for the separate TLDs that the Registrar offers. Most companies also offer invoicing software and site skins for your virtual shop, and the automation of the whole process together with the swelling demand for domain names make the domain reseller market so desirable. You will either obtain a pre-built web site and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own web portal and form for placing orders. Typically, you have the opportunity to decide between the 2 possibilities, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will operate under your personal brand and not on behalf of the Registrar's brand.
Make Cash From Providing Web Page Hosting Solutions Too
A proper supplement to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to people who want to manage their web site and need both a domain name and a web page hosting package. Given firms offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice management software to bill your clients. You can then sell top-level domain names and shared web hosting accounts to customers, and since they offer many diverse domain extensions, you will be able to provide domain and hosting services to users from all over the world.