Domain reseller
The World Wide Web is an ever-enlarging community that offers new possibilities to gain cash 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. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domain names, so this is an enlarging business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain contains 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-letter abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an organization that manages the registrations and sets the preconditions that each concrete Top-Level Domain may entail, like the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain records.
Earn Profit From Reselling Domain Names
Many Registrars have reseller programs that allow people to earn profit from selling domains to end users. If you subscribe to such a program, you can initiate your own personal web business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can contact more users in regional districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Offer TLDs Under Your Own Trademark Name
When you sign up for a domain reseller program, you will acquire a web page hosting Control Panel where you can determine the prices for the specific TLDs that the Registrar provides. Most firms also offer invoicing transaction software and design layouts for your web shop, and the automation of the entire procedure together with the towering demand for domain names make the domain reseller industry so desirable. You will either have a pre-developed website and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web portal and order form. Typically, you have the option to pick between the 2 alternatives, so it all revolves around how skillful you are in these issues. As a domain name reseller, you will work on behalf of your very own personal brand and not under the Registrar's.
Earn Profit From Offering Web Space Hosting Accounts As Well
A perfect addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to people who would like to create their web site and need both a domain name and a web hosting account. A few firms have such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice transaction software to bill your customers. You can then sell top-level domain names and shared website hosting accounts to customers, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to individuals from all around the world.