Domain reseller
The World Wide Web is an ever-growing system that supplies new opportunities to make cash on the Web. One of these opportunities is to become a domain reseller and sell domain names to end users, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are millions of presently functioning domains, so this is a flourishing business niche that you can become involved in.
TLDs and SLDs
A domain is made of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain two-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and determines the requirements that each specific TLD may contain, among them the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that actually offer the domain name to customers and manage all domain name resource records.
Make Money From Trading Domain Names
Lots of Registrars have reseller programs that enable people to gain profit from selling domains to end users. If you subscribe to such a program, you can begin your own Internet business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more customers in local communities or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Sell TLDs Under Your Very Own Trademark Name
When you subscribe to a domain name reseller program, you will acquire a web space hosting CP where you can choose the prices for the various top-level domain names that the Registrar provides. Most companies also provide invoice transaction software and web site layouts for your web store, and the automation of the whole procedure together with the vast demand for domain names make the domain name reseller business so attractive. You will either receive a ready-to-use website and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own online portal and order form. Generally, you have the opportunity to choose between the two options, so it all depends on how accomplished you are in these affairs. As a domain name reseller, you will work on behalf of your own personal trademark name and not on behalf of the Registrar's brand.
Gain Revenue From Supplying Site Hosting Services Too
An adequate addition to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to persons who desire to build their web portal and demand both a domain name and a website hosting account. Some firms offer such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free invoice management software to bill your customers. You can then sell TLDs and shared hosting plans to clients, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to users from all around the world.