Domain name reseller
The Internet is an ever-enlarging network that generates new possibilities to make money on the Web. One of these options is to become a domain name reseller and offer domains to end clients, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently active domains, so this is an increasing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name consists of two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-character abbreviations that denote each country. Examples 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 name or a country-code TLD, has a Registry - an organization that manages the registrations and sets the preconditions that each specific top-level domain name may impose, including the duration of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact offer the domain name to clients and manage all DNS records.
Gain Cash From Selling Domain Names
Many Registrars have reseller programs that enable individuals to make money from selling domain names to end users. If you subscribe to such a program, you can launch your own Internet business. As a rule, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can contact more customers in regional districts or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domain Names Under Your Very Own Brand Name
When you sign up for a domain reseller program, you will get a web space hosting Control Panel where you can determine the prices for the individual TLDs that the Registrar provides. Most companies also provide invoicing transaction software and website templates for your virtual shop, and the automation of the entire process coupled with the vast demand for domain names render the domain name reseller business niche so attractive. You will either acquire a turn-key site and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal online portal and order form. Generally, you have the option to pick between the two alternatives, so it all revolves around how practiced you are in these things. As a domain reseller, you will operate on behalf of your very own personal trademark name and not under the Registrar's brand.
Make Revenue From Trading Web Space Hosting Solutions As Well
An excellent addition to your domain name reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to individuals who desire to set up their web site and require both a domain name and a website hosting package. A few firms offer such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free billing software to bill your clients. You can then offer domains and shared hosting plans to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all around the globe.