Domain reseller
The Internet is an ever-increasing system that furnishes new options to make cash on the Web. One of these ways is to be a domain name reseller and offer domain names to end users, 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 functioning domain names, so this is a growing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain includes two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of two-letter abbreviations that correspond to 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 generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that handles the registrations and sets the requirements that each concrete Top-Level Domain may impose, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that actually offer the domain name to customers and handle all domain name records.
Earn Revenue From Trading Domain Names
Numerous Registrars have reseller programs that enable people to earn cash from selling domain names to end clients. If you register with such a program, you can initiate your own personal e-business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more people in local districts or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Own Brand
When you sign up for a domain name reseller program, you will get a site hosting CP where you can set the prices for the various top-level domain names that the Registrar provides. Most firms also provide invoice transaction software and website skins for your online store, and the automation of the whole process together with the flourishing demand for domain names make the domain reseller business niche so seductive. You will either acquire a pre-made site and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web page and form for placing orders. Typically, you have the opportunity to decide between the two options, so it all depends on how accomplished you are in these matters. As a domain name reseller, you will sell under your own personal brand name and not under the Registrar's.
Earn Revenue From Promoting Site Hosting Solutions Too
A logical supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to clients who would like to create their web site and require both a domain name and a web site hosting package. Certain companies supply such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing management software to bill your customers. You can then offer domains and shared website hosting packages to clients, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to users from all over the world.