Domain name reseller
The World Wide Web is an ever-flourishing system that provides new possibilities to earn cash online. One of these possibilities is to be a domain name reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently functioning domains, so this is a growing trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name comprises 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-letter abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each concrete TLD may have, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually offer the domain name to customers and handle all domain name resource records.
Gain Money From Reselling Domains
A lot of Registrars have reseller programs that enable people to earn profit from offering domain names to end customers. If you subscribe to such a program, you can initiate your own personal web business. Usually, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can reach more individuals in regional districts or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Trade TLDs On Behalf Of Your Very Own Personal Brand Name
When you register with a domain name reseller program, you will receive a web page hosting Control Panel where you can choose the prices for the specific TLDs that the Registrar offers. Most corporations also offer invoice transaction software and web templates for your web shop, and the automation of the entire procedure together with the expanding demand for domain names make the domain reseller industry so tempting. You will either acquire a ready-to-use site and make use of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own web portal and form for placing orders. Traditionally, you have the opportunity to pick between the 2 possibilities, so it all revolves around how experienced you are in these things. As a domain reseller, you will work on behalf of your very own brand name and not under the Registrar's brand.
Earn Money From Reselling Web Site Hosting Services As Well
A sensible addition to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to individuals who want to run their online portal and demand both a domain and a hosting plan. Particular firms supply such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing software to charge your clients. You can then offer domains and shared hosting packages to customers, and since they offer plenty of different domain extensions, you will be able to provide domain and hosting services to customers from all over the world.