Domain name reseller
The World Wide Web is an ever-flourishing system that offers new opportunities to earn money on the Web. One of these opportunities is to become a domain reseller and sell domain names to end clients, making profit 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 1 000 000's of presently active domains, so this is an expanding trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name is made of 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of two-character abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that tackles the registrations and sets the preconditions that each specific Top-Level Domain may entail, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually offer the domain name to clients and manage all domain records.
Earn Cash From Offering Domains
Many Registrars have reseller programs that allow individuals to earn profit from selling domains to end clients. If you subscribe to such a program, you can establish your very own electronic business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can reach more customers in local districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Offer Domains On Behalf Of Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will get a site hosting Control Panel where you can settle the prices for the separate TLDs that the Registrar provides. Most corporations also offer billing transaction software and skins for your web store, and the automation of the whole process combined with the big demand for domains make the domain reseller business niche so desirable. You will either obtain a pre-made site and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own web page and form for placing orders. Commonly, you have the opportunity to decide between the two possibilities, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will sell under your own personal brand and not under the Registrar's.
Earn Cash From Reselling Web Hosting Services Too
A good addition to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to customers who wish to build their online portal and need both a domain name and a web site hosting account. Particular companies supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice software to charge your clients. You can then offer TLDs and shared web hosting packages to clients, and since they provide plenty of different domain name extensions, you will be able to provide domain name and hosting services to clients from all over the globe.