Domain name reseller
The Internet is an ever-flourishing platform that generates new opportunities to earn money online. One of them is to be a domain name reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently active domain names, so this is a growing trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name involves two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (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 Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-letter abbreviations that symbolize each country. Instances of country-code Top-Level Domains 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 tackles the registrations and determines the preconditions that each particular TLD may have, such as the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to customers and administer all DNS resource records.
Make Cash From Reselling Domains
Numerous Registrars have reseller programs that enable people to gain revenue from selling domains to end customers. If you sign up for such a program, you can begin your own personal e-business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can contact more people in regional communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domains Under Your Own Personal Trademark Name
When you register with a domain name reseller program, you will receive a web page hosting Control Panel where you can choose the prices for the various TLDs that the Registrar offers. Most corporations also provide billing management software and website skins for your online store, and the automation of the whole process coupled with the vast demand for domain names make the domain reseller industry so desirable. You will either obtain a pre-developed site and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own portal and form for placing orders. Typically, you have the opportunity to choose between the 2 options, so it all depends on how proficient you are in these affairs. As a domain name reseller, you will work under your very own personal brand and not on behalf of the Registrar's.
Earn Revenue From Trading Web Page Hosting Accounts Too
A perfect supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to clients who desire to develop their website and demand both a domain name and a web page hosting package. Given firms have such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice transaction software to charge your clients. You can then sell domain names and shared web hosting plans to customers, and since they offer lots of diverse domain name extensions, you will be able to offer domain and hosting services to persons from all around the globe.