Domain name reseller
The Internet is an ever-expanding platform that furnishes new options to make cash on the Web. One of these possibilities is to be a domain name reseller and sell domain names to end users, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently active domains, so this is an expanding trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain contains 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs consist of 2-letter abbreviations that signify each country. Examples 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 manages the registrations and determines the requirements that each given TLD may impose, like the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually sell the domain name to customers and administer all domain name records.
Make Money From Selling Domains
Plenty of Registrars have reseller programs that allow people to make revenue from offering domain names to end clients. If you sign up for such a program, you can establish your own personal Internet business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can contact more persons in local districts or states where the Registrar may not be famous 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 client pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domains Under Your Personal Brand Name
When you sign up for a domain name reseller program, you will acquire a web hosting CP where you can fix the prices for the different TLDs that the Registrar offers. Most companies also offer invoicing transaction software and web site layouts for your web shop, and the automation of the entire procedure combined with the big demand for domain names render the domain reseller industry so seductive. You will either get a pre-made website and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own website and form for placing orders. Typically, you have the opportunity to choose between the two options, so it all revolves around how experienced you are in these issues. As a domain reseller, you will do business under your own brand and not under the Registrar's brand.
Make Cash From Providing Web Hosting Services As Well
A relevant addition to your domain reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to users who want to have their website and need both a domain name and a hosting account. A few companies supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice management software to charge your customers. You can then sell Top-Level Domains and shared hosting plans to customers, and since they offer many diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all over the world.