Domain name reseller
The Internet is an ever-flourishing network that generates new possibilities to gain cash online. One of them is to be a domain name reseller and offer domains to end customers, earning revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered every day, and there are millions of currently active domain names, so this is a growing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain involves two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs comprise 2-character abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and determines the preconditions that each concrete top-level domain name may contain, among them the length of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to customers and handle all DNS resource records.
Gain Profit From Trading Domain Names
Numerous Registrars have reseller programs that enable people to gain revenue from offering domains to end customers. If you subscribe to such a program, you can initiate your very own e-business. Commonly, a domain name will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can contact more individuals in areas or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Offer Domain Names Under Your Personal Brand
When you register with a domain name reseller program, you will receive a hosting Control Panel where you can choose the prices for the separate top-level domain names that the Registrar offers. Most companies also provide invoice software and web design skins for your virtual shop, and the automation of the whole process together with the significant demand for domains make the domain reseller market niche so tempting. You will either have a ready-to-use site and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own portal and form for placing orders. Normally, you have the opportunity to decide between the two alternatives, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will do business under your personal brand and not on behalf of the Registrar's.
Earn Money From Promoting Website Hosting Plans As Well
A perfect addition to your domain name reseller business would be to sell web hosting plans too. In this way, you can give a package deal to people who wish to create their online portal and need both a domain and a hosting account. A number of companies supply such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing transaction software to charge your customers. You can then sell domains and shared hosting packages to clients, and since they provide lots of different domain name extensions, you will be able to provide domain name and hosting services to people from all over the world.