Domain name reseller
The World Wide Web is an ever-increasing platform that furnishes new ways to earn money on the Internet. One of them is to become a domain reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of currently functioning domains, so this is a flowering business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name is made of two parts - a top-level domain name (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 name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise two-letter abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an organization that manages the registrations and sets the preconditions that each specific top-level domain name may involve, like the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to clients and manage all DNS resource records.
Make Cash From Trading Domains
A lot of Registrars have reseller programs that enable individuals to earn profit from offering domain names to end users. If you register with such a program, you can establish your own Internet business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more customers in local communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Resell TLDs Under Your Own Brand Name
When you sign up for a domain reseller program, you will get a web page hosting CP where you can settle the prices for the specific TLDs that the Registrar offers. Most firms also provide billing software and design themes for your virtual shop, and the automation of the whole procedure coupled with the significant demand for domain names render the domain name reseller business so tempting. You will either receive a ready-made website and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own personal web portal and form for placing orders. Usually, you have the option to pick between the 2 possibilities, so it all depends on how expert you are in these matters. As a domain reseller, you will work under your own personal trademark name and not under the Registrar's.
Earn Cash From Offering Web Space Hosting Solutions As Well
A proper supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to clients who desire to establish their web page and need both a domain and a web hosting plan. A few firms provide such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to charge your clients. You can then offer domain names and shared website hosting plans to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to persons from all around the world.