Domain reseller
The World Wide Web is an ever-flourishing system that generates new possibilities to make cash online. One of these options is to become a domain reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are millions of presently active domain names, so this is an expanding trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name comprises 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs comprise 2-letter abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that is responsible for the registrations and sets the requirements that each concrete TLD may include, like the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain name records.
Earn Profit From Trading Domain Names
Plenty of Registrars have reseller programs that permit individuals to make profit from offering domains to end clients. If you subscribe to such a program, you can set up your own personal Internet business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can contact more customers in areas or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Trade Domain Names On Behalf Of Your Own Personal Brand Name
When you register with a domain name reseller program, you will acquire a site hosting Control Panel where you can select the prices for the individual TLDs that the Registrar provides. Most corporations also provide invoice software and web site layouts for your virtual shop, and the automation of the entire procedure together with the enormous demand for domains make the domain name reseller business niche so tempting. You will either obtain a turn-key website and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own online portal and form for placing orders. Generally, you have the option to select between the two possibilities, so it all depends on how trained you are in these things. As a domain reseller, you will sell under your own personal trademark name and not on behalf of the Registrar's.
Earn Cash From Providing Website Hosting Plans Too
A sensible addition to your domain name reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to customers who want to make their website and require both a domain name and a webspace hosting plan. A number of corporations supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing management software to charge your clients. You can then sell Top-Level Domains and shared website hosting packages to customers, and since they offer a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to individuals from all around the world.