Domain name reseller
The World Wide Web is an ever-increasing network that furnishes new ways to earn cash on the Web. One of these ways is to become a domain reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently active domain names, so this is a flowering trading niche that you can become involved in.
TLDs and SLDs
A domain name contains 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of two-letter abbreviations that stand for each country. Instances of country-code Top-Level Domains 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 institution that is responsible for the registrations and sets the preconditions that each particular top-level domain name may entail, among them the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and handle all DNS resource records.
Earn Cash From Selling Domains
Multiple Registrars have reseller programs that allow individuals to make revenue from selling domain names to end customers. If you subscribe to such a program, you can commence your own online business. Typically, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can contact more clients in areas or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will benefit 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 registration.
Offer Domain Names On Behalf Of Your Own Trademark Name
When you register with a domain reseller program, you will obtain a web hosting CP where you can choose the prices for the various Top-Level Domains that the Registrar provides. Most corporations also offer invoice transaction software and web skins for your virtual store, and the automation of the entire process together with the enormous demand for domain names render the domain reseller market niche so attractive. You will either obtain a ready-made site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own personal web portal and order form. Commonly, you have the opportunity to pick between the 2 possibilities, so it all revolves around how trained you are in these things. As a domain name reseller, you will work under your own personal brand name and not on behalf of the Registrar's brand.
Gain Money From Promoting Website Hosting Solutions As Well
A sensible supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to individuals who wish to manage their site and demand both a domain name and a web hosting account. Given companies furnish such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to bill your customers. You can then sell top-level domain names and shared hosting plans to customers, and since they offer a lot of diverse domain extensions, you will be able to offer domain name and hosting services to customers from all over the world.