Domain name reseller
The Internet is an ever-growing platform that generates new opportunities to earn cash on the Web. One of these opportunities is to be a domain reseller and sell domains to end clients, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are millions of currently active domain names, so this is a developing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name contains two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-character abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, 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 determines the requirements that each concrete Top-Level Domain may have, like the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to clients and handle all domain records.
Gain Cash From Trading Domain Names
Plenty of Registrars have reseller programs that enable individuals to make profit from offering domain names to end users. If you register with such a program, you can initiate your own personal web business. Commonly, a domain will cost less 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 contact more clients in local districts or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Personal Brand Name
When you sign up for a domain reseller program, you will receive a website hosting CP where you can settle the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also offer invoicing transaction software and website templates for your online shop, and the automation of the whole process combined with the enlarging demand for domains make the domain name reseller business niche so tempting. You will either obtain a ready-for-use site and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal web portal and order form. Commonly, you have the option to choose between the 2 possibilities, so it all depends on how advanced you are in these issues. As a domain reseller, you will work on behalf of your own personal brand and not on behalf of the Registrar's brand.
Earn Revenue From Trading Web Page Hosting Services As Well
A suitable supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to persons who wish to have their web site and require both a domain and a site hosting plan. A number of firms offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing software to charge your clients. You can then sell top-level domain names and shared hosting plans to customers, and since they offer a lot of different domain extensions, you will be able to offer domain name and hosting services to users from all around the globe.