Domain reseller
The World Wide Web is an ever-developing network that provides new possibilities to make money on the Web. One of them is to become a domain reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are millions of currently functioning domain names, so this is a blooming business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain is composed of 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs contain two-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that administers the registrations and determines the preconditions that each specific top-level domain name may impose, like the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact sell the domain name to customers and administer all domain name records.
Earn Cash From Reselling Domain Names
Multiple Registrars have reseller programs that permit people to gain revenue from selling domains to end users. If you register with such a program, you can kickstart your very own personal Internet business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can reach more individuals in regions or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Sell Domain Names Under Your Own Personal Trademark Name
When you register with a domain reseller program, you will acquire a website hosting CP where you can select the prices for the separate Top-Level Domains that the Registrar provides. Most companies also provide invoice transaction software and web themes for your online storefront, and the automation of the entire process together with the big demand for domains make the domain name reseller business niche so seductive. You will either get a ready-to-use site and make use of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own personal online portal and form for placing orders. Typically, you have the option to decide between the two alternatives, so it all depends on how skillful you are in these affairs. As a domain reseller, you will sell on behalf of your own brand and not under the Registrar's brand.
Make Profit From Reselling Web Page Hosting Solutions Too
A logical supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to persons who desire to create their online portal and need both a domain name and a site hosting account. Given corporations have such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoice transaction software to charge your customers. You can then sell domains and shared website hosting packages to clients, and since they offer plenty of diverse domain extensions, you will be able to offer domain name and hosting services to individuals from all around the world.