Domain name reseller
The World Wide Web is an ever-flourishing system that generates new options to gain money on the Internet. One of these options is to become a domain reseller and sell domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of currently functioning domain names, so this is an enlarging trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain comprises 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs involve 2-character abbreviations that denote each country. Examples 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 name or a country-code TLD, has a Registry - an institution that handles the registrations and sets the requirements that each particular Top-Level Domain may have, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to clients and administer all DNS resource records.
Make Revenue From Selling Domain Names
Lots of Registrars have reseller programs that allow people to earn cash from selling domains to end customers. If you sign up for such a program, you can build your own Internet business. Regularly, a domain name will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can reach more individuals in regional districts or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Own Personal Brand
When you sign up for a domain name reseller program, you will have a webspace hosting CP where you can determine the prices for the individual TLDs that the Registrar offers. Most firms also provide billing management software and web design templates for your virtual shop, and the automation of the whole procedure combined with the strong demand for domains make the domain reseller business niche so seductive. You will either acquire a turn-key web site and avail of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal online portal and form for placing orders. Typically, you have the opportunity to choose between the 2 possibilities, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will work under your own trademark name and not on behalf of the Registrar's.
Make Cash From Promoting Web Hosting Solutions As Well
A relevant addition to your domain reseller business would be to sell web hosting services as well. Thus, you can give a package deal to people who would like to run their web portal and need both a domain name and a web hosting plan. Given companies offer such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing transaction software to charge your clients. You can then offer Top-Level Domains and shared web hosting plans to clients, and since they offer plenty of diverse domain extensions, you will be able to provide domain and hosting services to customers from all over the world.