Domain reseller
The Internet is an ever-increasing system that delivers new options to earn cash on the Internet. One of these options is to be a domain name reseller and sell domain names to end users, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is an expanding business niche that you can become a part of.
TLDs and SLDs
A domain involves 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take 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 famous domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs consist of 2-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an organization that deals with the registrations and determines the requirements that each specific TLD may have, among them the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to customers and manage all domain name records.
Gain Profit From Trading Domain Names
Multiple Registrars have reseller programs that permit individuals to gain cash from offering domain names to end clients. If you subscribe to such a program, you can kick off your very own personal online business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can contact more clients in regional communities or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Offer TLDs On Behalf Of Your Own Brand
When you register with a domain reseller program, you will receive a web hosting CP where you can set the prices for the various Top-Level Domains that the Registrar offers. Most firms also offer invoicing software and web skins for your online shop, and the automation of the whole procedure together with the great demand for domains make the domain reseller industry so seductive. You will either have a pre-built website and avail 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 own personal web site and form for placing orders. Normally, you have the opportunity to pick between the two possibilities, so it all depends on how skilled you are in these things. As a domain name reseller, you will sell under your very own trademark name and not on behalf of the Registrar's.
Earn Revenue From Offering Web Hosting Solutions As Well
A relevant addition to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to persons who wish to establish their web page and need both a domain and a site hosting package. Particular firms have such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice transaction software to charge your clients. You can then offer top-level domain names and shared web hosting packages to customers, and since they provide lots of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all over the world.