Domain name reseller
The World Wide Web is an ever-developing community that provides new options to make cash on the Internet. One of them is to be a domain reseller and offer domain names to end users, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are millions of currently functioning domains, so this is a flowering trading niche that you can be engaged in.
TLDs and SLDs
A domain is composed of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain two-letter abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each given Top-Level Domain may impose, among them the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to clients and manage all DNS resource records.
Gain Revenue From Trading Domains
Lots of Registrars have reseller programs that permit individuals to gain cash from selling domain names to end clients. If you register with such a program, you can begin your very own personal Internet business. As a rule, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can reach more people in local districts or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a website hosting CP where you can choose the prices for the various top-level domain names that the Registrar offers. Most firms also offer billing transaction software and themes for your online store, and the automation of the whole process combined with the enormous demand for domain names render the domain reseller industry so attractive. You will either get a ready-made 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 create your very own personal website and form for placing orders. Typically, you have the opportunity to decide between the two options, so it all depends on how accomplished you are in these things. As a domain reseller, you will work on behalf of your very own personal brand name and not under the Registrar's.
Gain Money From Promoting Webspace Hosting Plans Too
An adequate supplement to your domain reseller business would be to sell web hosting plans too. In this way, you can give a package deal to users who wish to make their website and require both a domain name and a web page hosting plan. A few firms provide such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing management software to charge your clients. You can then offer Top-Level Domains and shared website hosting accounts to clients, and since they provide plenty of different domain extensions, you will be able to provide domain name and hosting services to clients from all over the world.