Domain name reseller
The World Wide Web is an ever-growing platform that delivers new options to earn cash on the Web. One of these ways is to be a domain name reseller and sell domain names to end customers, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is an expanding business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name comprises two pieces - a top-level domain name (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 Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of 2-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that administers the registrations and determines the preconditions that each concrete top-level domain name may entail, including the length of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain records.
Make Cash From Offering Domain Names
Plenty of Registrars have reseller programs that permit people to make cash from selling domain names to end customers. If you register with such a program, you can commence your own electronic business. Usually, 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 individuals in regions or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will capitalize on 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 Top-Level Domain Names On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will receive a web site hosting CP where you can settle the prices for the specific TLDs that the Registrar provides. Most corporations also offer invoice software and website layouts for your virtual shop, and the automation of the whole procedure together with the flourishing demand for domains make the domain reseller business so desirable. You will either receive a ready-for-use web site and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web portal and form for placing orders. Generally, you have the option to decide between the 2 options, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will do business on behalf of your own personal brand and not under the Registrar's brand.
Earn Revenue From Trading Site Hosting Packages As Well
A perfect addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to users who desire to develop their online portal and require both a domain name and a web site hosting plan. A number of firms provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing management software to bill your clients. You can then offer TLDs and shared web hosting accounts to customers, and since they provide lots of diverse domain extensions, you will be able to offer domain and hosting services to persons from all around the globe.