Domain name reseller
The Internet is an ever-flourishing platform that generates new ways to gain cash on the Internet. One of these opportunities is to become a domain reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a flourishing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain consists of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of two-character abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that handles the registrations and determines the prerequisites that each concrete Top-Level Domain may have, like the duration of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually sell the domain name to customers and handle all domain records.
Earn Cash From Trading Domain Names
Multiple Registrars have reseller programs that allow individuals to make cash from offering domains to end customers. If you subscribe to such a program, you can kick off your own online business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more persons in local communities 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 imposes for the domain name registration.
Trade Domain Names On Behalf Of Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will receive a web site hosting Control Panel where you can settle the prices for the separate TLDs that the Registrar provides. Most firms also offer billing software and site layouts for your online store, and the automation of the whole process coupled with the big demand for domain names make the domain reseller business so desirable. You will either obtain a turn-key web site and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own site and form for placing orders. Typically, you have the option to choose between the two options, so it all revolves around how skilled you are in these things. As a domain reseller, you will operate under your own trademark name and not on behalf of the Registrar's.
Earn Cash From Offering Hosting Packages As Well
A proper addition to your domain name reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to clients who would like to launch their web portal and demand both a domain and a web space hosting plan. A number of firms have such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free billing transaction software to bill your clients. You can then sell domain names and shared website hosting packages to customers, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all over the globe.