Domain name reseller
The Internet is an ever-flourishing community that delivers new ways to make cash online. One of these options is to become a domain reseller and sell domains to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently functioning domains, so this is a developing trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain comprises two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise two-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the prerequisites that each given TLD may include, among them the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and handle all domain name records.
Earn Profit From Selling Domains
Many Registrars have reseller programs that permit individuals to gain profit from selling domain names to end clients. If you register with such a program, you can launch your own personal electronic business. Generally, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can contact more persons in local districts or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Offer Domains On Behalf Of Your Own Personal Brand
When you register with a domain name reseller program, you will acquire a webspace hosting CP where you can set the prices for the specific TLDs that the Registrar provides. Most firms also provide invoice transaction software and website layouts for your online storefront, and the automation of the whole process together with the big demand for domain names render the domain reseller market niche so attractive. You will either have a ready-to-use web site and make use of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own web page and form for placing orders. Generally, you have the opportunity to decide between the 2 possibilities, so it all depends on how accomplished you are in these issues. As a domain reseller, you will operate under your personal trademark name and not on behalf of the Registrar's.
Gain Revenue From Trading Web Page Hosting Services As Well
A relevant supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to customers who want to create their web portal and require both a domain name and a website hosting package. Particular companies supply such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to bill your customers. You can then offer TLDs and shared web hosting packages to customers, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to users from all around the world.