Domain name reseller
The World Wide Web is an ever-increasing platform that provides new opportunities to make cash online. One of these options is to be a domain name reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is an expanding trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain includes two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 2-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 top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each given TLD may include, including the length of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact offer the domain name to customers and manage all DNS resource records.
Make Money From Reselling Domain Names
Numerous Registrars have reseller programs that enable individuals to make profit from selling domains to end clients. If you sign up for such a program, you can commence your own personal online business. Usually, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can contact more persons in regions or countries where the Registrar may not be famous whatsoever. This means 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 client pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domains Under Your Own Brand
When you register with a domain reseller program, you will have a web site hosting CP where you can select the prices for the individual TLDs that the Registrar provides. Most firms also provide billing management software and site templates for your web shop, and the automation of the entire procedure combined with the proliferating demand for domain names render the domain reseller industry so tempting. You will either obtain a ready-to-use site and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal portal and order form. Usually, you have the opportunity to choose between the 2 alternatives, so it all revolves around how practiced you are in these issues. As a domain name reseller, you will do business under your very own personal brand name and not under the Registrar's.
Earn Revenue From Providing Website Hosting Packages As Well
A logical supplement to your domain reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to persons who would like to have their web page and demand both a domain name and a webspace hosting plan. A number of corporations supply such options. With 'ResellersPanel', for instance, you can run a VPS 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 sell top-level domain names and shared website hosting accounts to clients, and since they offer lots of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all around the world.