Domain name reseller
The Internet is an ever-expanding community that generates new opportunities to make money on the Internet. One of these possibilities is to become a domain reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are millions of currently active domains, so this is a developing business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain is made of 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise two-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code one, has a Registry - an institution that handles the registrations and sets the preconditions that each particular TLD may include, such as the length of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact sell the domain name to clients and manage all DNS resource records.
Make Cash From Reselling Domain Names
A lot of Registrars have reseller programs that allow individuals to gain revenue from selling domains to end users. If you sign up for such a program, you can initiate your own electronic business. Usually, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can reach more individuals in local regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domains Under Your Personal Brand
When you subscribe to a domain reseller program, you will have a site hosting Control Panel where you can select the prices for the separate top-level domain names that the Registrar provides. Most corporations also offer invoicing transaction software and web site layouts for your web shop, and the automation of the entire procedure together with the significant demand for domain names render the domain name reseller business niche so desirable. You will either have a ready-made web site and make use of the Registrar platform to sell domain names, 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 pick between the 2 alternatives, so it all depends on how skilled you are in these issues. As a domain name reseller, you will work under your personal brand and not on behalf of the Registrar's brand.
Make Profit From Selling Web Space Hosting Services As Well
An excellent addition to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to people who want to have their online portal and demand both a domain and a site hosting plan. Some firms have such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing transaction software to bill your customers. You can then sell TLDs and shared hosting accounts to customers, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to customers from all around the globe.