Domain name reseller
The World Wide Web is an ever-expanding system that offers new opportunities to earn cash on the Internet. One of these possibilities is to be a domain name reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are millions of currently functioning domains, so this is a thriving trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain contains 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take 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 comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve two-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code one, has a Registry - an institution that handles the registrations and sets the preconditions that each specific top-level domain name may involve, among them the length of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain name records.
Gain Profit From Trading Domain Names
Lots of Registrars have reseller programs that permit individuals to gain cash from selling domain names to end customers. If you subscribe to such a program, you can kickstart your own web business. Commonly, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can contact more users in provinces or states where the Registrar may not be famous 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 user pays and the one that the Registrar requires for the domain name registration.
Resell Domains Under Your Very Own Personal Trademark Name
When you register with a domain name reseller program, you will acquire a webspace hosting CP where you can choose the prices for the specific top-level domain names that the Registrar provides. Most corporations also offer invoice management software and site templates for your virtual shop, and the automation of the entire process combined with the big demand for domains render the domain name reseller industry so attractive. You will either obtain a ready-to-use web site and utilize the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own web portal and form for placing orders. Usually, you have the opportunity to decide between the two possibilities, so it all revolves around how skillful you are in these things. As a domain reseller, you will do business under your very own personal brand name and not under the Registrar's.
Earn Revenue From Providing Web Page Hosting Plans As Well
A relevant addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to individuals who wish to make their web page and need both a domain and a web site hosting plan. Given companies furnish such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice transaction software to bill your clients. You can then sell TLDs and shared web hosting plans to customers, and since they provide plenty of diverse domain extensions, you will be able to provide domain and hosting services to individuals from all over the globe.