Domain name reseller
The Internet is an ever-flourishing network that furnishes new possibilities to gain money online. One of these possibilities is to be a domain reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domain names, so this is a blossoming marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain involves 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-character abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an institution that tackles the registrations and sets the requirements that each specific Top-Level Domain may have, like the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and manage all DNS resource records.
Earn Revenue From Selling Domain Names
Plenty of Registrars have reseller programs that allow people to earn cash from selling domain names to end customers. If you register with such a program, you can commence your very own personal electronic business. Typically, a domain 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 contact more persons in areas or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Very Own Trademark Name
When you sign up for a domain reseller program, you will get a web hosting CP where you can set the prices for the different TLDs that the Registrar provides. Most companies also offer invoicing transaction software and web design layouts for your online storefront, and the automation of the entire procedure together with the flourishing demand for domains render the domain name reseller market so tempting. You will either acquire a pre-developed site and avail of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal web site and form for placing orders. Generally, you have the opportunity to pick between the 2 possibilities, so it all depends on how accomplished you are in these affairs. As a domain reseller, you will do business under your very own personal trademark name and not under the Registrar's brand.
Gain Cash From Selling Website Hosting Accounts Too
A logical addition to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to clients who desire to run their site and need both a domain name and a hosting plan. A few companies provide 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 free-of-charge billing transaction software to bill your clients. You can then sell Top-Level Domains and shared website hosting plans to customers, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to persons from all over the globe.