Domain reseller
The Internet is an ever-flourishing system that supplies new ways to make cash online. One of these options is to become a domain reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently active domain names, so this is a developing trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain includes two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs consist of two-letter abbreviations that correspond to each country. Instances 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 TLD, has a Registry - an organization that administers the registrations and sets the prerequisites that each given TLD may include, like the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually offer the domain name to customers and handle all domain records.
Gain Cash From Trading Domains
Lots of Registrars have reseller programs that enable people to gain revenue from selling domains to end users. If you sign up for such a program, you can launch your own personal web business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can contact more users in regions or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain reseller program, you will obtain a web space hosting CP where you can set the prices for the separate Top-Level Domains that the Registrar provides. Most companies also offer invoice software and site skins for your online shop, and the automation of the whole procedure coupled with the considerable demand for domain names make the domain name reseller business so seductive. You will either obtain a turn-key site and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web page and form for placing orders. Usually, you have the option to choose between the 2 possibilities, so it all depends on how experienced you are in these matters. As a domain reseller, you will sell under your own brand and not under the Registrar's brand.
Make Revenue From Selling Web Hosting Accounts Too
A perfect supplement to your domain name reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to users who want to set up their site and need both a domain name and a site hosting package. Given firms have such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing transaction software to charge your clients. You can then offer TLDs and shared hosting packages to clients, and since they offer many diverse domain extensions, you will be able to offer domain name and hosting services to individuals from all around the world.