Domain name reseller
The Internet is an ever-expanding community that furnishes new possibilities to earn cash online. One of these ways is to become a domain reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is a blooming trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain is made of two constituents - a top-level domain name (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 name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-character abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code one, has a Registry - an institution that tackles the registrations and determines the preconditions that each specific TLD may involve, such as the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually sell the domain name to clients and manage all DNS records.
Earn Money From Selling Domain Names
Many Registrars have reseller programs that allow people to earn money from selling domain names to end customers. If you sign up for such a program, you can establish your own personal Internet business. Generally, 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 customer. The reason is that resellers can reach more users in local communities or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Sell TLDs Under Your Personal Trademark Name
When you sign up for a domain name reseller program, you will receive a web site hosting CP where you can fix the prices for the specific top-level domain names that the Registrar offers. Most firms also provide invoice transaction software and design templates for your online shop, and the automation of the entire process together with the huge demand for domain names make the domain reseller industry so desirable. You will either receive a pre-made web site and use the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own portal and form for placing orders. Traditionally, you have the option to decide between the 2 options, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will work under your personal trademark name and not under the Registrar's brand.
Make Profit From Selling Webspace Hosting Services As Well
A reasonable addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to users who want to set up their website and need both a domain and a web space hosting account. Given companies supply such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and free invoicing software to charge your clients. You can then sell TLDs and shared website hosting packages to clients, and since they offer plenty of diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the globe.