Domain reseller
The World Wide Web is an ever-developing network that supplies new ways to earn cash on the Web. One of these options is to become a domain name reseller and offer domains to end clients, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are millions of presently active domain names, so this is an increasing trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name comprises two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs involve two-character abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that handles the registrations and sets the preconditions that each concrete top-level domain name may entail, such as the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to clients and handle all domain resource records.
Gain Revenue From Selling Domains
Many Registrars have reseller programs that enable people to earn profit from selling domain names to end customers. If you sign up for such a program, you can launch your very own personal electronic business. Generally, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can reach more clients in regions or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Trade TLDs On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will have a web site hosting CP where you can determine the prices for the various top-level domain names that the Registrar offers. Most corporations also offer invoicing software and web templates for your web shop, and the automation of the whole process coupled with the considerable demand for domain names make the domain reseller business so seductive. You will either acquire a turn-key site 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 set up your very own personal portal and order form. Generally, you have the option to decide between the two possibilities, so it all depends on how advanced you are in these issues. As a domain reseller, you will work under your own personal trademark name and not under the Registrar's brand.
Gain Profit From Providing Web Hosting Packages Too
A proper supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to persons who wish to establish their web portal and require both a domain name and a web hosting plan. Given firms furnish such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free invoicing software to charge your clients. You can then offer TLDs and shared website hosting accounts to customers, and since they provide plenty of different domain extensions, you will be able to provide domain name and hosting services to users from all around the globe.