Domain name reseller
The Internet is an ever-increasing community that offers new opportunities to make cash on the Internet. One of these ways is to be a domain reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently functioning domains, so this is a growing trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain is made of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include two-letter abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that deals with the registrations and determines the preconditions that each concrete Top-Level Domain may contain, including the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually offer the domain name to clients and manage all domain name resource records.
Make Cash From Reselling Domains
Multiple Registrars have reseller programs that enable individuals to gain revenue from selling domain names to end users. If you register with such a program, you can kick off your own personal electronic business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more clients in local regions or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Offer Domain Names Under Your Own Brand Name
When you sign up for a domain name reseller program, you will get a web hosting CP where you can choose the prices for the separate top-level domain names that the Registrar provides. Most corporations also offer invoice software and layouts for your online shop, and the automation of the entire procedure combined with the strong demand for domains make the domain name reseller industry so alluring. You will either receive a pre-made website and utilize the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own personal web portal and order form. Traditionally, you have the opportunity to pick between the two alternatives, so it all revolves around how skillful you are in these issues. As a domain reseller, you will do business on behalf of your very own personal brand and not on behalf of the Registrar's brand.
Earn Revenue From Offering Web Hosting Plans Too
A good addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to people who wish to establish their web portal and need both a domain and a website hosting account. Given firms supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing software to bill your customers. You can then offer domain names and shared hosting accounts to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain and hosting services to clients from all around the globe.