Domain name reseller
The World Wide Web is an ever-enlarging community that delivers new options to gain cash online. One of these possibilities is to become a domain reseller and sell domain names to end clients, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domains, so this is a developing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name is made of 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".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 generic top-level domain names comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of two-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that handles the registrations and sets the preconditions that each particular Top-Level Domain may impose, including the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and handle all domain records.
Earn Cash From Offering Domain Names
Multiple Registrars have reseller programs that enable individuals to earn cash from selling domain names to end clients. If you subscribe to such a program, you can start your very own personal online business. Usually, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can reach more users in regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domains On Behalf Of Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will acquire a CP where you can settle the prices for the separate top-level domain names that the Registrar offers. Most companies also provide invoice management software and site themes for your virtual storefront, and the automation of the whole process together with the proliferating demand for domain names render the domain reseller market so alluring. You will either receive a ready-to-use site and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own website and form for placing orders. Commonly, you have the opportunity to choose between the two options, so it all depends on how experienced you are in these matters. As a domain reseller, you will do business under your very own personal brand name and not under the Registrar's brand.
Earn Profit From Providing Web Space Hosting Services Too
A nice addition to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to persons who wish to establish their web page and demand both a domain and a web hosting plan. Particular firms supply such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice transaction software to bill your clients. You can then offer TLDs and shared web hosting accounts to clients, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.