Domain name reseller
The Internet is an ever-expanding platform that offers new options to make money on the Internet. One of these options is to be a domain name reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are millions of currently active domains, so this is a growing trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is composed of 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and determines the requirements that each concrete top-level domain name may involve, such as the length of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to clients and handle all domain records.
Earn Cash From Reselling Domains
Multiple Registrars have reseller programs that allow individuals to make money from offering domains to end customers. If you subscribe to such a program, you can set up your own personal online business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can reach more individuals in regional districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Resell Domain Names Under Your Very Own Personal Trademark Name
When you register with a domain name reseller program, you will acquire a web space hosting CP where you can fix the prices for the different TLDs that the Registrar offers. Most companies also offer invoicing software and web site skins for your virtual store, and the automation of the whole process together with the enormous demand for domain names make the domain reseller industry so desirable. You will either get a ready-made website and make use of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own site and form for placing orders. Generally, you have the opportunity to pick between the two options, so it all depends on how accomplished you are in these things. As a domain reseller, you will work under your personal brand and not under the Registrar's brand.
Make Money From Providing Web Page Hosting Packages As Well
A relevant supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to people who wish to establish their online portal and require both a domain and a web site hosting package. Certain firms furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing software to charge your clients. You can then offer top-level domain names and shared website hosting plans to customers, and since they provide a lot of different domain name extensions, you will be able to provide domain and hosting services to customers from all around the world.