Domain name reseller
The Internet is an ever-increasing network that provides new opportunities to gain cash on the Internet. One of these options is to become a domain name reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domains, so this is an increasing trading niche that you can be involved in.
TLDs and SLDs
A domain name comprises two components - 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 name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of 2-letter abbreviations that stand for 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 gTLD or a country-code one, has a Registry - an organization that manages the registrations and sets the prerequisites that each given TLD may involve, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain resource records.
Earn Money From Selling Domain Names
Lots of Registrars have reseller programs that permit individuals to earn revenue from offering domain names to end users. If you register with such a program, you can build your own web business. Generally, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can contact more individuals in areas or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell Domain Names On Behalf Of Your Very Own Trademark Name
When you register with a domain reseller program, you will receive a web space hosting Control Panel where you can choose the prices for the individual TLDs that the Registrar offers. Most companies also offer invoice transaction software and web page themes for your virtual store, and the automation of the whole process coupled with the huge demand for domains make the domain reseller market niche so tempting. You will either get a ready-made web site and use the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own web site and form for placing orders. Usually, you have the opportunity to pick between the two options, so it all depends on how skilled you are in these matters. As a domain reseller, you will do business on behalf of your very own trademark name and not on behalf of the Registrar's.
Gain Revenue From Supplying Site Hosting Packages Too
A proper addition to your domain reseller business would be to sell web hosting services too. In this way, you can give a package deal to users who desire to create their site and need both a domain and a site hosting account. Given corporations offer such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing transaction software to bill your clients. You can then offer top-level domain names and shared hosting packages to clients, and since they provide plenty of different domain name extensions, you will be able to provide domain and hosting services to persons from all around the world.