Domain name reseller
The Internet is an ever-expanding network that furnishes new possibilities to gain money on the Web. One of them is to be a domain name reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a flourishing trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain consists of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of two-character abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a ccTLD, has a Registry - an organization that administers the registrations and determines the requirements that each particular top-level domain name may have, including the duration of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and manage all domain name records.
Earn Cash From Selling Domain Names
Multiple Registrars have reseller programs that allow people to gain cash from selling domains to end clients. If you subscribe to such a program, you can establish your own Internet business. Typically, a domain name will cost less 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 persons in regions or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Resell Domains Under Your Personal Trademark Name
When you register with a domain name reseller program, you will acquire a website hosting CP where you can fix the prices for the various TLDs that the Registrar offers. Most companies also offer invoicing software and web page skins for your web store, and the automation of the entire procedure together with the huge demand for domains make the domain reseller market so attractive. You will either get a ready-to-use website and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own online portal and order form. Usually, you have the opportunity to choose between the two options, so it all depends on how skillful you are in these affairs. As a domain name reseller, you will sell on behalf of your own personal brand and not under the Registrar's.
Earn Profit From Selling Web Hosting Services Too
A nice addition to your domain name reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to individuals who desire to have their web site and need both a domain name and a website hosting account. A few corporations supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoicing software to bill your customers. You can then offer domain names and shared web hosting accounts to customers, and since they provide plenty of different domain extensions, you will be able to offer domain name and hosting services to persons from all over the world.