Domain name reseller
The Internet is an ever-increasing system that offers new ways to make cash online. One of these opportunities is to become a domain name reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are millions of presently active domains, so this is a growing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name is made of 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of 2-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code one, has a Registry - an organization that administers the registrations and sets the prerequisites that each specific top-level domain name may entail, including the duration of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to customers and administer all DNS resource records.
Earn Cash From Trading Domains
A lot of Registrars have reseller programs that allow individuals to earn profit from selling domain names to end clients. If you subscribe to such a program, you can build your own Internet business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more customers in local communities or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade Domain Names Under Your Own Personal Brand
When you sign up for a domain name reseller program, you will acquire a CP where you can choose the prices for the specific top-level domain names that the Registrar offers. Most corporations also provide billing management software and website skins for your virtual storefront, and the automation of the entire procedure coupled with the rising demand for domain names render the domain name reseller business so alluring. You will either have a pre-made 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 make your own personal portal and order form. Generally, you have the option to decide between the two possibilities, so it all revolves around how accomplished you are in these affairs. As a domain name reseller, you will work on behalf of your own trademark name and not on behalf of the Registrar's brand.
Gain Revenue From Supplying Website Hosting Services Too
A logical supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to customers who would like to make their web site and need both a domain and a hosting plan. A few firms have such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice transaction software to bill your customers. You can then offer domain names and shared hosting packages to clients, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.