Domain name reseller
The World Wide Web is an ever-developing system that provides new opportunities to gain money online. One of these possibilities is to be a domain reseller and sell domain names to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is a thriving trading niche that you can be involved in.
TLDs and SLDs
A domain includes 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs contain 2-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that handles the registrations and sets the requirements that each particular top-level domain name may have, among them the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to customers and administer all domain records.
Gain Cash From Trading Domain Names
Numerous Registrars have reseller programs that permit individuals to gain profit from selling domain names to end users. If you register with such a program, you can begin your own personal online business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can reach more individuals 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 capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domains Under Your Very Own Brand
When you register with a domain reseller program, you will obtain a site hosting CP where you can determine the prices for the specific top-level domain names that the Registrar provides. Most corporations also provide invoice transaction software and web page themes for your virtual storefront, and the automation of the whole procedure coupled with the strong demand for domain names make the domain reseller market so desirable. You will either acquire a pre-made site and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal online portal and form for placing orders. Usually, you have the opportunity to choose between the 2 alternatives, so it all depends on how skilled you are in these issues. As a domain reseller, you will do business on behalf of your personal brand and not under the Registrar's.
Gain Profit From Providing Website Hosting Packages As Well
A proper addition to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to users who wish to run their online portal and demand both a domain name and a web hosting package. Given companies furnish such options. With 'ResellersPanel', for instance, you can order 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 bill your clients. You can then offer domain names and shared web hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to persons from all over the world.