Domain name reseller
The Internet is an ever-increasing network that delivers new options to earn cash online. One of these options is to become a domain name reseller and sell domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of currently active domain names, so this is a blossoming marketing niche that you can be involved in.
TLDs and SLDs
A domain includes 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise two-letter abbreviations that correspond to 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 top-level domain name or a country-code one, has a Registry - an institution that tackles the registrations and determines the preconditions that each specific top-level domain name may contain, such as the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that actually offer the domain name to clients and manage all domain name records.
Gain Profit From Trading Domains
Numerous Registrars have reseller programs that enable people to make cash from selling domains to end clients. If you subscribe to such a program, you can start your very own personal Internet business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can contact more people in areas or countries where the Registrar may not be known at all. This means 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 requires for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain reseller program, you will receive a CP where you can choose the prices for the specific Top-Level Domains that the Registrar offers. Most companies also provide billing management software and website layouts for your web store, and the automation of the whole process combined with the enlarging demand for domain names make the domain reseller industry so seductive. You will either obtain a turn-key web site and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own online portal and order form. Traditionally, you have the option to pick between the two possibilities, so it all revolves around how proficient you are in these issues. As a domain name reseller, you will work under your personal brand and not under the Registrar's brand.
Gain Cash From Offering Website Hosting Packages Too
An adequate addition to your domain name reseller business would be to sell web hosting services too. In this way, you can offer a package deal to users who would like to have their web page and need both a domain name and a webspace hosting account. A few firms have such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing transaction software to bill your customers. You can then offer TLDs and shared web hosting accounts to customers, and since they offer plenty of different domain name extensions, you will be able to provide domain name and hosting services to persons from all over the globe.