Domain name reseller
The Internet is an ever-increasing network that supplies new possibilities to gain cash on the Web. One of these options is to become a domain reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are millions of currently active domain names, so this is an enlarging marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain comprises 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs involve two-character abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a ccTLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each concrete TLD may impose, like the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually offer the domain name to clients and handle all domain name records.
Gain Cash From Trading Domain Names
Lots of Registrars have reseller programs that allow individuals to earn revenue from offering domain names to end clients. If you sign up for such a program, you can set up your very own personal Internet business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more people in regional districts or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Offer TLDs Under Your Own Personal Trademark Name
When you register with a domain reseller program, you will have a site hosting CP where you can settle the prices for the separate Top-Level Domains that the Registrar offers. Most firms also offer invoice transaction software and website skins for your virtual storefront, and the automation of the whole process combined with the immense demand for domains render the domain name reseller industry so attractive. You will either obtain a ready-for-use site and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own web portal and order form. Traditionally, you have the option to choose between the 2 options, so it all revolves around how skilled you are in these things. As a domain name reseller, you will do business under your very own trademark name and not on behalf of the Registrar's.
Earn Money From Offering Hosting Packages As Well
An adequate addition to your domain reseller business would be to sell web hosting services too. Thus, you can give a package deal to persons who desire to develop their web site and demand both a domain name and a site hosting package. Particular corporations furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoicing transaction software to bill your clients. You can then offer TLDs and shared website hosting packages to clients, and since they provide a lot of different domain extensions, you will be able to offer domain and hosting services to people from all around the globe.