Domain reseller
The Internet is an ever-expanding network that supplies new options to make cash online. One of these options is to become a domain name reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail price of each 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 thriving trading niche that you can become engaged in.
TLDs and SLDs
A domain is made of 2 parts - a Top-Level Domain (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 Domains
The top-level domain names can be generic or country code. The gTLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of two-letter abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code one, has a Registry - an organization that deals with the registrations and determines the requirements that each specific Top-Level Domain may include, such as the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to customers and handle all domain resource records.
Gain Revenue From Offering Domains
Many Registrars have reseller programs that permit people to gain cash from selling domains to end users. If you sign up for such a program, you can kickstart your own e-business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can contact more clients in local communities or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domains Under Your Own Personal Brand Name
When you sign up for a domain reseller program, you will get a web page hosting CP where you can choose the prices for the separate TLDs that the Registrar provides. Most corporations also offer invoice software and web page layouts for your web storefront, and the automation of the entire procedure together with the enlarging demand for domain names make the domain name reseller market niche so alluring. You will either acquire a pre-made site and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal online portal and order form. Normally, you have the opportunity to decide between the 2 alternatives, so it all revolves around how practiced 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 Revenue From Promoting Web Site Hosting Services Too
A relevant addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to persons who wish to make their website and require both a domain name and a hosting account. Some firms supply such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing transaction software to bill your customers. You can then offer domains and shared website hosting plans to customers, and since they provide plenty of diverse domain extensions, you will be able to offer domain and hosting services to individuals from all around the world.