Domain name reseller
The World Wide Web is an ever-expanding community that supplies new options to make cash on the Web. One of these possibilities is to be a domain name reseller and offer domains to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domains, so this is a growing trading niche that you can be involved in.
TLDs and SLDs
A domain name is composed of 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise two-character abbreviations that correspond to each country. Examples 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 ccTLD, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each specific TLD may include, including the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the corporations that in fact offer the domain name to customers and manage all domain resource records.
Make Profit From Selling Domain Names
Plenty of Registrars have reseller programs that permit people to earn revenue from offering domains to end users. If you sign up for such a program, you can initiate your own personal online business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can reach more people in provinces or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Sell TLDs On Behalf Of Your Own Personal Brand Name
When you sign up for a domain reseller program, you will acquire a web space hosting CP where you can choose the prices for the various TLDs that the Registrar provides. Most corporations also offer invoicing software and web layouts for your web shop, and the automation of the entire process coupled with the flourishing demand for domain names render the domain name reseller business so attractive. You will either acquire a pre-made website and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal portal and form for placing orders. Usually, you have the option to choose between the two alternatives, so it all revolves around how skillful you are in these issues. As a domain reseller, you will sell on behalf of your own personal brand name and not on behalf of the Registrar's.
Earn Cash From Trading Web Space Hosting Accounts As Well
A reasonable addition to your domain reseller business would be to sell web hosting packages too. In this way, you can give a package deal to people who wish to manage their online portal and need both a domain and a website hosting plan. Some firms furnish such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to charge your customers. You can then offer TLDs and shared web hosting packages to clients, and since they offer plenty of different domain name extensions, you will be able to offer domain and hosting services to clients from all over the world.