Domain reseller
The Internet is an ever-increasing community that supplies new options to gain cash on the Web. One of them is to become a domain reseller and offer domains to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is an increasing trading niche that you can become involved in.
TLDs and SLDs
A domain is composed of 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of two-character abbreviations that denote 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 TLD, has a Registry - an organization that handles the registrations and sets the requirements that each concrete Top-Level Domain may impose, like the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact offer the domain name to customers and administer all domain records.
Earn Cash From Trading Domain Names
Plenty of Registrars have reseller programs that permit individuals to make cash from selling domains to end customers. If you subscribe to such a program, you can kick off your very own personal web business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more clients in local communities or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell Domains Under Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will get a webspace hosting Control Panel where you can determine the prices for the individual TLDs that the Registrar provides. Most companies also provide billing transaction software and site themes for your online storefront, and the automation of the entire process combined with the vast demand for domains make the domain name reseller industry so desirable. You will either acquire a pre-developed site and avail of 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 own portal and order form. Typically, you have the opportunity to pick between the two possibilities, so it all depends on how advanced you are in these affairs. As a domain name reseller, you will operate under your very own brand and not on behalf of the Registrar's brand.
Earn Profit From Supplying Hosting Services As Well
A relevant addition to your domain reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to individuals who desire to set up their website and need both a domain name and a hosting package. A few corporations provide such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free billing software to bill your customers. You can then sell domains and shared website hosting plans to clients, and since they offer a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to clients from all around the world.