Domain name reseller
The World Wide Web is an ever-growing community that furnishes new possibilities to make cash on the Internet. One of these options is to become a domain name reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently active domains, so this is an expanding trading niche that you can be engaged in.
TLDs and SLDs
A domain name comprises two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-character abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each given Top-Level Domain may impose, among them the length of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to customers and manage all domain resource records.
Earn Profit From Reselling Domain Names
Lots of Registrars have reseller programs that allow individuals to gain money from offering domains to end users. If you sign up for such a program, you can kickstart your own personal online business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can contact more persons in regional districts or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade Domains Under Your Own Personal Brand
When you register with a domain name reseller program, you will receive a website hosting Control Panel where you can set the prices for the separate TLDs that the Registrar provides. Most firms also provide billing transaction software and web page layouts for your web store, and the automation of the whole procedure coupled with the big demand for domain names make the domain name reseller industry so seductive. You will either have a ready-for-use site and avail of 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 very own personal web page and form for placing orders. Normally, you have the option to decide between the two alternatives, so it all revolves around how skillful you are in these matters. As a domain reseller, you will do business under your own brand name and not under the Registrar's brand.
Earn Revenue From Reselling Hosting Solutions As Well
A nice supplement to your domain name reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to persons who would like to develop their online portal and need both a domain name and a website hosting plan. A few firms supply such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice transaction software to bill your clients. You can then offer TLDs and shared web hosting accounts to clients, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to users from all around the globe.