Domain name reseller
The World Wide Web is an ever-increasing platform that furnishes new opportunities to earn cash online. One of these opportunities is to become a domain reseller and offer domains to end clients, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of presently functioning domains, so this is an enlarging trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain involves 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an organization that is responsible for the registrations and determines the requirements that each specific TLD may have, among them the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and manage all domain resource records.
Make Cash From Selling Domains
Plenty of Registrars have reseller programs that enable individuals to make profit from selling domains to end customers. If you sign up for such a program, you can establish your very own personal web business. Typically, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can contact more clients in regional districts or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Domains On Behalf Of Your Personal Trademark Name
When you register with a domain name reseller program, you will receive a site hosting CP where you can settle the prices for the various TLDs that the Registrar provides. Most corporations also offer invoice management software and layouts for your web shop, and the automation of the entire procedure combined with the proliferating demand for domain names make the domain reseller business niche so seductive. You will either obtain a ready-made web site and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal portal and form for placing orders. Traditionally, you have the opportunity to pick between the 2 options, so it all revolves around how expert you are in these issues. As a domain reseller, you will work under your personal brand and not under the Registrar's.
Gain Revenue From Providing Website Hosting Solutions Too
An adequate supplement to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to customers who desire to set up their web site and demand both a domain and a website hosting account. A few firms have such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain name reseller account and free invoice management software to charge your customers. You can then offer top-level domain names and shared web hosting plans to clients, and since they provide plenty of different domain extensions, you will be able to provide domain and hosting services to persons from all around the globe.