Domain name reseller
The Internet is an ever-developing system that supplies new ways to make cash online. One of them is to be a domain name reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is a thriving trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain contains 2 parts - a Top-Level Domain (TLD) and a second-level domain name (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 Domains can be generic or country code. The generic Top-Level Domains include the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 2-letter abbreviations that stand for 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 one, has a Registry - an organization that manages the registrations and sets the preconditions that each concrete TLD may involve, such as 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 manage all DNS resource records.
Gain Revenue From Offering Domains
Multiple Registrars have reseller programs that enable people to earn revenue from offering domain names to end clients. If you sign up for such a program, you can set up your very own online business. Normally, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more individuals in local communities or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domains Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will have a web space hosting Control Panel where you can set the prices for the individual Top-Level Domains that the Registrar offers. Most firms also offer billing management software and themes for your web store, and the automation of the entire procedure coupled with the proliferating demand for domain names render the domain reseller market niche so attractive. You will either receive a turn-key web site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own portal and order form. Generally, you have the opportunity to select between the two possibilities, so it all revolves around how skillful you are in these affairs. As a domain reseller, you will work on behalf of your own trademark name and not on behalf of the Registrar's.
Earn Cash From Trading Website Hosting Packages Too
A proper addition to your domain reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to people who desire to have their web site and need both a domain name and a web space hosting account. Certain corporations provide such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing transaction software to charge your customers. You can then sell TLDs and shared hosting accounts to customers, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to persons from all over the globe.