Domain name reseller
The World Wide Web is an ever-enlarging community that offers new ways to make money online. One of these opportunities is to be a domain reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a blooming trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name consists of two constituents - 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 name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-character abbreviations that represent each country. Examples of country-code TLDs 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 name, has a Registry - an organization that administers the registrations and determines the prerequisites that each specific top-level domain name may include, such as the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually sell the domain name to clients and handle all domain name records.
Gain Cash From Selling Domains
A lot of Registrars have reseller programs that enable individuals to earn profit from offering domains to end users. If you subscribe to such a program, you can build your own personal online business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can reach more persons in local communities or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Resell TLDs Under Your Personal Brand
When you sign up for a domain name reseller program, you will have a Control Panel where you can determine the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also provide invoice software and website layouts for your online shop, and the automation of the whole process combined with the big demand for domains make the domain name reseller business niche so seductive. You will either have a pre-made web site and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal web site and order form. Usually, you have the opportunity to choose between the two options, so it all revolves around how practiced you are in these issues. As a domain name reseller, you will operate under your personal brand name and not on behalf of the Registrar's.
Earn Profit From Promoting Web Site Hosting Packages As Well
A relevant supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to clients who desire to create their web portal and need both a domain name and a web site hosting package. A few companies supply such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice software to charge your clients. You can then sell top-level domain names and shared hosting plans to clients, and since they provide many diverse domain name extensions, you will be able to offer domain and hosting services to people from all over the world.