Domain name reseller
The World Wide Web is an ever-growing system that delivers new possibilities to earn money online. One of them is to become a domain reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently active domains, so this is a growing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain comprises two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that manages the registrations and determines the requirements that each concrete top-level domain name may entail, among them the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to customers and handle all DNS records.
Make Cash From Trading Domain Names
Multiple Registrars have reseller programs that permit people to gain money from offering domains to end users. If you sign up for such a program, you can commence your own electronic business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more customers in local districts or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domain Names Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will get a CP where you can choose the prices for the separate Top-Level Domains that the Registrar offers. Most firms also offer invoicing software and templates for your virtual shop, and the automation of the entire procedure coupled with the strong demand for domain names make the domain name reseller market niche so attractive. You will either obtain a ready-for-use website and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own web portal and form for placing orders. Usually, you have the opportunity to pick between the two possibilities, so it all revolves around how skilled you are in these matters. As a domain name reseller, you will do business under your own trademark name and not on behalf of the Registrar's brand.
Earn Money From Providing Web Site Hosting Solutions As Well
A sensible supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to individuals who desire to develop their web page and require both a domain and a web hosting plan. A number of firms provide such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice software to charge your customers. You can then sell domains and shared website hosting packages to customers, and since they provide a lot of different domain name extensions, you will be able to provide domain name and hosting services to customers from all around the world.