Domain name reseller
The Internet is an ever-expanding network that furnishes new options to make cash online. One of these options is to be a domain reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domains, so this is a thriving business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name contains two entities - 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 TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include two-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 Top-Level Domain or a ccTLD, has a Registry - an organization that handles the registrations and sets the preconditions that each specific TLD may include, including the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and administer all DNS resource records.
Make Profit From Selling Domains
Lots of Registrars have reseller programs that allow people to earn profit from selling domain names to end customers. If you sign up for such a program, you can initiate your own online business. Typically, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can contact more clients in provinces or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a web space hosting CP where you can settle the prices for the various top-level domain names that the Registrar provides. Most firms also offer invoice transaction software and design skins for your web storefront, and the automation of the whole procedure together with the vast demand for domain names make the domain reseller market so tempting. You will either have a turn-key web site and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal site and order form. Generally, you have the opportunity to choose between the two possibilities, 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 on behalf of the Registrar's brand.
Make Profit From Selling Web Page Hosting Services Too
A logical addition to your domain reseller business would be to sell web hosting services too. In this way, you can offer a package deal to individuals who would like to make their online portal and demand both a domain and a web space hosting package. Particular firms have such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing transaction software to bill your clients. You can then offer top-level domain names and shared hosting packages to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to clients from all over the world.