Domain name reseller
The Internet is an ever-enlarging community that provides new options to make money online. One of these opportunities is to be a domain reseller and offer domain names to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each 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 name involves 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs involve 2-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that administers the registrations and determines the prerequisites that each given top-level domain name may entail, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually offer the domain name to clients and administer all domain records.
Earn Money From Trading Domains
Many Registrars have reseller programs that permit individuals to make money from offering domains to end users. If you register with such a program, you can establish your own personal online business. Regularly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can reach more people in areas or countries where the Registrar may not be known 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 client pays and the one that the Registrar charges for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Very Own Personal Brand
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 companies also offer invoicing transaction software and web templates for your virtual shop, and the automation of the entire process together with the rising demand for domains render the domain reseller market niche so tempting. You will either obtain a pre-made website and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own web page and form for placing orders. Traditionally, you have the option to choose between the two options, so it all revolves around how advanced you are in these affairs. As a domain reseller, you will do business under your own brand and not on behalf of the Registrar's.
Make Revenue From Providing Website Hosting Solutions As Well
A sensible addition to your domain reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to customers who desire to make their website and demand both a domain name and a web page hosting package. Some firms provide such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice management software to bill your customers. You can then offer domains and shared hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to users from all around the world.