Domain name reseller
The World Wide Web is an ever-enlarging platform that supplies new possibilities to make cash online. One of these ways is to become a domain name reseller and sell domains to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of presently active domain names, so this is a growing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain is composed of two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 2-character abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and determines the preconditions that each particular TLD may have, such as the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to clients and handle all DNS records.
Make Money From Reselling Domain Names
Multiple Registrars have reseller programs that enable individuals to earn money from offering domains to end customers. If you subscribe to such a program, you can set up your own electronic business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more people in regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domains Under Your Very Own Personal Brand Name
When you sign up for a domain reseller program, you will obtain a web page hosting Control Panel where you can set the prices for the individual TLDs that the Registrar provides. Most companies also provide invoice software and web site templates for your online storefront, and the automation of the entire process together with the enormous demand for domains render the domain reseller industry so attractive. You will either acquire a ready-for-use web site and use the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own online portal and order form. Normally, you have the option to select between the two alternatives, so it all depends on how skillful you are in these things. As a domain reseller, you will do business on behalf of your own brand name and not under the Registrar's.
Earn Money From Selling Website Hosting Packages Too
An excellent addition to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to users who want to have their web portal and need both a domain and a web hosting plan. Given corporations provide such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice transaction software to bill your clients. You can then offer top-level domain names and shared hosting packages to clients, and since they offer plenty of different domain extensions, you will be able to provide domain and hosting services to customers from all over the globe.