Domain reseller
The Internet is an ever-enlarging community that offers new ways to earn money online. One of these possibilities is to become a domain name reseller and sell domains to end customers, gaining 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 millions of presently functioning domains, so this is a blooming trading niche that you can be involved in.
TLDs and SLDs
A domain consists of 2 components - 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 name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-character abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and determines the preconditions that each specific Top-Level Domain may include, such as the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact sell the domain name to clients and manage all DNS resource records.
Earn Cash From Reselling Domains
Plenty of Registrars have reseller programs that allow individuals to earn cash from offering domain names to end customers. If you register with such a program, you can kick off your very own web business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can reach more individuals in local regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domains Under Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a CP where you can select the prices for the separate TLDs that the Registrar offers. Most companies also offer invoice software and web site skins for your web store, and the automation of the whole process coupled with the rising demand for domains render the domain name reseller industry so desirable. You will either acquire a ready-to-use website and utilize the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own website and form for placing orders. Commonly, you have the opportunity to select between the two possibilities, so it all depends on how expert you are in these affairs. As a domain reseller, you will sell under your very own personal brand name and not under the Registrar's.
Gain Cash From Selling Hosting Services As Well
An appropriate addition to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to customers who wish to develop their web page and require both a domain and a web space hosting account. Given corporations have such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also give you a domain reseller account and cost-free invoice management software to bill your customers. You can then sell top-level domain names and shared website hosting accounts to customers, and since they provide many diverse domain name extensions, you will be able to offer domain name and hosting services to customers from all over the globe.