Domain reseller
The World Wide Web is an ever-enlarging network that supplies new options to make money on the Internet. One of them is to be a domain reseller and offer 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 and every day, and there are millions of currently active domains, so this is a developing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name contains 2 pieces - 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 second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve two-character abbreviations that correspond to 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 top-level domain name, has a Registry - an institution that handles the registrations and sets the requirements that each concrete TLD may entail, including the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually sell the domain name to customers and administer all domain resource records.
Make Profit From Trading Domains
Many Registrars have reseller programs that allow people to gain cash from selling domain names to end customers. If you sign up for such a program, you can initiate your own personal Internet business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can reach more individuals in regional districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Sell Top-Level Domain Names Under Your Own Personal Brand
When you sign up for a domain name reseller program, you will receive a website hosting CP where you can fix the prices for the separate TLDs that the Registrar offers. Most firms also offer invoicing software and website themes for your online store, and the automation of the whole process combined with the growing demand for domain names make the domain reseller business so desirable. You will either obtain a ready-for-use website and avail of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own website and order form. Typically, you have the opportunity to select between the two possibilities, so it all revolves around how skilled you are in these matters. As a domain name reseller, you will work on behalf of your own trademark name and not on behalf of the Registrar's.
Make Revenue From Selling Web Site Hosting Services As Well
A good supplement to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to persons who desire to have their web portal and need both a domain and a web hosting account. A few firms furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice transaction software to charge your customers. You can then offer domain names and shared web hosting packages to customers, and since they offer a lot of diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the globe.