Domain name reseller
The World Wide Web is an ever-expanding network that offers new possibilities to earn cash on the Internet. One of them is to be a domain reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domains, so this is an increasing trading niche that you can become involved in.
TLDs and SLDs
A domain name includes 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs include the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-letter abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each specific top-level domain name may contain, among them the duration of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact offer the domain name to customers and manage all DNS resource records.
Make Money From Trading Domains
Plenty of Registrars have reseller programs that permit individuals to earn profit from selling domain names to end customers. If you sign up for such a program, you can build your own personal Internet business. Typically, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more persons in regions or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Sell Domain Names Under Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a web site hosting CP where you can determine the prices for the separate top-level domain names that the Registrar provides. Most firms also offer billing transaction software and themes for your web shop, and the automation of the entire procedure coupled with the towering demand for domain names make the domain reseller market so seductive. You will either acquire a pre-made site and avail of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own website and form for placing orders. Generally, you have the opportunity to select between the two options, so it all revolves around how skilled you are in these matters. As a domain name reseller, you will sell on behalf of your own personal brand name and not on behalf of the Registrar's.
Gain Money From Offering Site Hosting Packages As Well
A proper addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to users who would like to set up their online portal and need both a domain and a hosting package. Certain companies supply such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice software to bill your customers. You can then offer Top-Level Domains and shared website hosting packages to clients, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to customers from all around the globe.