Domain name reseller
The World Wide Web is an ever-flourishing community that furnishes new options to earn money online. One of these opportunities is to become a domain reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of currently active domain names, so this is a growing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name is composed of two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs consist of 2-letter abbreviations that denote 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 TLD or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each concrete top-level domain name may entail, such as the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually sell the domain name to clients and administer all domain name records.
Earn Cash From Reselling Domains
Multiple Registrars have reseller programs that permit individuals to make money from offering domain names to end customers. If you sign up for such a program, you can commence your very own Internet business. Normally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more clients in provinces or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Sell Domain Names Under Your Own Brand
When you register with a domain name reseller program, you will obtain a site hosting Control Panel where you can determine the prices for the separate top-level domain names that the Registrar provides. Most corporations also offer invoicing transaction software and web skins for your online storefront, and the automation of the whole procedure coupled with the huge demand for domain names render the domain name reseller industry so attractive. You will either get a ready-to-use web site and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own portal and order form. Traditionally, you have the option to choose between the 2 options, so it all revolves around how practiced you are in these matters. As a domain reseller, you will do business under your personal brand name and not on behalf of the Registrar's brand.
Earn Revenue From Providing Web Space Hosting Services As Well
A good supplement to your domain name reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to persons who want to have their website and need both a domain and a web hosting package. A number of corporations offer such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to bill your clients. You can then sell top-level domain names and shared website hosting packages to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to clients from all over the world.