Domain name reseller
The World Wide Web is an ever-expanding network that supplies new options to earn cash online. One of these opportunities is to be a domain name reseller and sell domains to end clients, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is an increasing trading niche that you can be engaged in.
TLDs and SLDs
A domain includes 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise two-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and determines the prerequisites that each specific Top-Level Domain may include, like the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to clients and manage all domain records.
Earn Money From Offering Domain Names
Multiple Registrars have reseller programs that allow individuals to earn revenue from offering domain names to end clients. If you subscribe to such a program, you can kick off your very own personal online business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can reach more people in regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Personal Brand
When you sign up for a domain name reseller program, you will get a CP where you can fix the prices for the different TLDs that the Registrar offers. Most corporations also provide billing software and site skins for your online store, and the automation of the entire process coupled with the big demand for domain names make the domain name reseller business so alluring. You will either have a pre-developed website and use the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own website and form for placing orders. Typically, you have the opportunity to decide between the 2 options, so it all depends on how accomplished you are in these issues. As a domain name reseller, you will operate on behalf of your personal trademark name and not under the Registrar's.
Gain Revenue From Selling Hosting Services As Well
A perfect supplement to your domain name reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to people who wish to create their web site and need both a domain name and a webspace hosting account. Given companies provide such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing management software to bill your clients. You can then sell domains and shared website hosting accounts to clients, and since they provide plenty of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all over the globe.