Domain reseller
The Internet is an ever-increasing platform that offers new opportunities to make cash online. One of these possibilities is to become a domain name reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is an increasing business niche that you can become involved in.
TLDs and SLDs
A domain involves 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 2-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an organization that tackles the registrations and sets the requirements that each given top-level domain name may entail, such as the length of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact sell the domain name to customers and handle all domain name records.
Gain Revenue From Selling Domain Names
Multiple Registrars have reseller programs that enable people to gain cash from offering domains to end customers. If you sign up for such a program, you can kick off your own personal Internet business. Typically, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more customers in provinces or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell TLDs On Behalf Of Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will acquire a Control Panel where you can select the prices for the various TLDs that the Registrar provides. Most companies also provide invoice software and web skins for your virtual shop, and the automation of the whole process coupled with the enormous demand for domains make the domain reseller business so attractive. You will either acquire a ready-made website and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web page and order form. Traditionally, you have the option to choose between the 2 possibilities, so it all depends on how skillful you are in these matters. As a domain name reseller, you will do business under your personal trademark name and not on behalf of the Registrar's brand.
Earn Cash From Reselling Web Hosting Solutions Too
A reasonable addition to your domain reseller business would be to sell web hosting services too. In this way, you can give a package deal to persons who want to establish their web page and demand both a domain name and a webspace hosting plan. A number of companies furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free invoice transaction software to bill your clients. You can then sell domain names and shared website hosting packages to clients, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to individuals from all over the globe.