Domain reseller
The World Wide Web is an ever-expanding network that offers new opportunities to gain money on the Web. One of these ways is to become a domain reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is a blossoming trading niche that you can become a part of.
TLDs and SLDs
A domain is composed of two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain 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 widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-letter abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that tackles the registrations and determines the prerequisites that each given top-level domain name may include, such as the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually sell the domain name to clients and manage all domain name resource records.
Earn Money From Selling Domains
Many Registrars have reseller programs that enable people to earn cash from selling domains to end users. If you subscribe to such a program, you can initiate your own personal e-business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can reach more persons in regions or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will obtain a web page hosting CP where you can set the prices for the separate top-level domain names that the Registrar offers. Most companies also offer billing transaction software and website templates for your online storefront, and the automation of the whole process coupled with the growing demand for domains render the domain reseller market niche so desirable. You will either receive a ready-to-use website and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own website and order form. Traditionally, you have the opportunity to pick between the two alternatives, so it all revolves around how expert you are in these affairs. As a domain reseller, you will sell on behalf of your very own personal brand and not on behalf of the Registrar's.
Earn Revenue From Offering Web Hosting Packages As Well
A nice supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to persons who wish to manage their online portal and require both a domain name and a web site hosting account. Some companies have such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free billing transaction software to bill your clients. You can then offer TLDs and shared hosting accounts to clients, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to users from all over the world.