Domain name reseller
The Internet is an ever-expanding platform that provides new ways to make cash on the Web. One of these options is to become a domain name reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domains, so this is a developing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name contains two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of two-letter abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each specific TLD may involve, including the duration of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain name records.
Make Money From Reselling Domain Names
Lots of Registrars have reseller programs that enable people to gain cash from selling domains to end users. If you register with such a program, you can kick off your own personal e-business. Generally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more clients in local communities or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will earn a profit from 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.
Trade Domain Names On Behalf Of Your Very Own Personal Brand
When you register with a domain name reseller program, you will get a web page hosting CP where you can choose the prices for the various top-level domain names that the Registrar offers. Most corporations also provide invoice transaction software and web templates for your web shop, and the automation of the entire procedure together with the towering demand for domains make the domain name reseller business so attractive. You will either acquire a turn-key website and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal online portal and form for placing orders. Usually, you have the opportunity to pick between the two options, so it all revolves around how skillful you are in these issues. As a domain reseller, you will sell under your very own brand name and not under the Registrar's.
Make Profit From Trading Web Site Hosting Services As Well
A reasonable addition to your domain name reseller business would be to sell web hosting services too. Thus, you can offer a package deal to users who would like to build their online portal and require both a domain name and a site hosting plan. Certain corporations offer such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free invoicing software to charge your clients. You can then offer domain names and shared hosting accounts to clients, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to clients from all around the globe.