Domain name reseller
The Internet is an ever-developing platform that offers new ways to earn cash online. One of these possibilities is to be a domain reseller and sell domains to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of currently functioning domain names, so this is an expanding trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is made of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names include 2-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an organization that administers the registrations and sets the requirements that each concrete Top-Level Domain may entail, among them the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and manage all domain name records.
Gain Profit From Selling Domain Names
Numerous Registrars have reseller programs that enable people to make money from selling domain names to end customers. If you subscribe to such a program, you can commence your very own personal online business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more people in regional districts or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer Domains On Behalf Of Your Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a Control Panel where you can choose the prices for the specific TLDs that the Registrar offers. Most firms also provide invoice management software and site skins for your web store, and the automation of the whole process together with the proliferating demand for domains render the domain reseller market so attractive. You will either receive a ready-for-use web site and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own portal and order form. Typically, you have the opportunity to pick between the two possibilities, so it all revolves around how expert you are in these matters. As a domain reseller, you will operate under your own personal brand and not under the Registrar's.
Gain Profit From Offering Website Hosting Packages Too
A reasonable addition to your domain name reseller business would be to sell web hosting services too. In this way, you can offer a package deal to people who desire to manage their online portal and demand both a domain name and a webspace hosting package. Particular firms provide such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to bill your customers. You can then offer top-level domain names and shared hosting accounts to clients, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to individuals from all over the world.