Domain reseller
The Internet is an ever-expanding network that provides new options to gain cash on the Web. One of them is to be a domain reseller and offer domain names to end customers, making profit 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 1 000 000's of currently functioning domain names, so this is a flowering business niche that you can be involved in.
TLDs and SLDs
A domain involves two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve two-letter abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that handles the registrations and determines the requirements that each particular TLD may impose, like the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to customers and manage all domain name records.
Make Money From Trading Domains
Plenty of Registrars have reseller programs that enable people to earn profit from selling domains to end clients. If you sign up for such a program, you can kickstart your own personal online business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more persons in local communities or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Trade Domains On Behalf Of Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will get a webspace hosting Control Panel where you can determine the prices for the separate Top-Level Domains that the Registrar provides. Most firms also offer billing software and web templates for your virtual shop, and the automation of the entire procedure coupled with the swelling demand for domains make the domain name reseller market so attractive. You will either get a pre-built site and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal website and order form. Typically, you have the option to choose between the two possibilities, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will operate on behalf of your own trademark name and not under the Registrar's.
Earn Revenue From Trading Webspace Hosting Plans As Well
A good addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to people who want to make their website and demand both a domain and a web space hosting plan. A number of companies offer such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing management software to charge your clients. You can then offer TLDs and shared web hosting packages to customers, and since they offer a lot of diverse domain extensions, you will be able to provide domain and hosting services to people from all around the globe.