Domain name reseller
The Internet is an ever-expanding platform that provides new options to make cash online. One of them is to become a domain name reseller and sell domain names to end customers, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is a growing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain consists of 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs include the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise 2-letter abbreviations that symbolize each country. Instances of country-code TLDs 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 administers the registrations and determines the requirements that each particular TLD may contain, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually offer the domain name to customers and manage all DNS records.
Gain Revenue From Selling Domain Names
Numerous Registrars have reseller programs that permit individuals to gain revenue from selling domain names to end users. If you register with such a program, you can launch your own Internet business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can reach more people in areas or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell Domain Names On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will get a CP where you can fix the prices for the different TLDs that the Registrar provides. Most corporations also offer invoice management software and web design themes for your online storefront, and the automation of the whole process together with the swelling demand for domains render the domain name reseller business niche so tempting. You will either get a ready-to-use site and make use of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own web site and order form. Commonly, you have the opportunity to choose between the 2 options, so it all depends on how skillful you are in these matters. As a domain reseller, you will sell on behalf of your very own trademark name and not under the Registrar's brand.
Make Money From Reselling Hosting Accounts As Well
A nice addition to your domain reseller business would be to sell web hosting services as well. Thus, you can give a package deal to customers who wish to set up their website and need both a domain name and a web space hosting plan. Particular firms have such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to charge your customers. You can then sell domains and shared website hosting packages to customers, and since they provide a lot of different domain name extensions, you will be able to provide domain and hosting services to customers from all around the globe.