Domain reseller
The World Wide Web is an ever-enlarging community that supplies new ways to earn cash online. One of these options is to become a domain reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently active domains, so this is a blooming trading niche that you can become engaged in.
TLDs and SLDs
A domain contains 2 constituents - a Top-Level Domain (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 Top-Level Domains can be generic or country code. The generic top-level domain names include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise two-letter abbreviations that represent 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 one, has a Registry - an organization that handles the registrations and sets the prerequisites that each particular top-level domain name may involve, among them the length of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to customers and manage all DNS records.
Make Revenue From Offering Domain Names
Lots of Registrars have reseller programs that permit individuals to gain cash from selling domains to end customers. If you register with such a program, you can set up your very own personal e-business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can reach more persons in regional districts or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will profit from 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 Domains Under Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will acquire a web hosting CP where you can select the prices for the various top-level domain names that the Registrar provides. Most companies also provide invoicing software and website layouts for your virtual storefront, and the automation of the whole process together with the enormous demand for domain names make the domain name reseller business niche so attractive. You will either acquire a ready-made site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal portal and order form. Typically, you have the opportunity to choose between the 2 options, so it all revolves around how advanced you are in these issues. As a domain name reseller, you will do business on behalf of your own brand and not on behalf of the Registrar's.
Gain Revenue From Trading Web Hosting Services As Well
An appropriate supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to customers who want to set up their online portal and need both a domain and a site hosting account. Some companies have such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing software to charge your clients. You can then sell TLDs and shared website hosting accounts to customers, and since they provide plenty of different domain extensions, you will be able to offer domain and hosting services to persons from all over the globe.