Domain name reseller
The Internet is an ever-expanding community that provides new possibilities to gain cash online. One of these possibilities is to be a domain reseller and sell domain names to end clients, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a thriving business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name consists of two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name 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 top-level domain names comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are composed of 2-character abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and determines the requirements that each concrete Top-Level Domain may include, 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 actually offer the domain name to clients and administer all DNS resource records.
Earn Profit From Offering Domains
Numerous Registrars have reseller programs that permit people to make money from selling domains to end customers. If you register with such a program, you can kick off your own electronic business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can contact more clients in local regions or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Own Trademark Name
When you sign up for a domain reseller program, you will receive a CP where you can settle the prices for the specific top-level domain names that the Registrar provides. Most firms also provide invoice software and site themes for your web store, and the automation of the entire procedure together with the considerable demand for domain names make the domain name reseller market so desirable. You will either acquire a ready-to-use site and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own web page and form for placing orders. Usually, you have the option to select between the two options, so it all revolves around how proficient you are in these things. As a domain name reseller, you will operate under your own personal brand name and not on behalf of the Registrar's.
Earn Money From Supplying Website Hosting Accounts As Well
A proper supplement to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to customers who would like to have their online portal and demand both a domain and a web site hosting account. Particular companies offer such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing transaction software to bill your clients. You can then sell domains and shared website hosting accounts to customers, and since they offer a lot of different domain extensions, you will be able to provide domain and hosting services to users from all around the globe.