Domain reseller
The Internet is an ever-developing network that offers new options to earn cash online. One of these ways is to be a domain reseller and sell domain names 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 1 000 000's of presently active domain names, so this is an expanding trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain comprises 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of 2-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an institution that handles the registrations and sets the prerequisites that each given TLD may entail, like the duration of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and handle all domain name resource records.
Make Money From Trading Domain Names
Multiple Registrars have reseller programs that permit individuals to gain profit from selling domains to end customers. If you subscribe to such a program, you can build your very own web business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can reach more individuals in regions or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will acquire a web site hosting CP where you can settle the prices for the individual Top-Level Domains that the Registrar offers. Most companies also offer billing transaction software and web page skins for your online storefront, and the automation of the entire procedure together with the huge demand for domain names make the domain name reseller market niche so tempting. You will either acquire a turn-key web site and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal web portal and order form. Typically, you have the option to pick between the 2 alternatives, so it all depends on how skilled you are in these things. As a domain name reseller, you will do business on behalf of your very own personal brand name and not under the Registrar's brand.
Earn Revenue From Supplying Site Hosting Plans As Well
A nice addition to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to individuals who wish to create their web portal and demand both a domain name and a web page hosting package. Given corporations have such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice software to bill your customers. You can then offer TLDs and shared website hosting accounts to clients, and since they provide plenty of diverse domain name extensions, you will be able to provide domain and hosting services to people from all around the globe.