Domain name reseller
The World Wide Web is an ever-developing network that offers new options to make cash on the Web. One of these opportunities is to become a domain reseller and offer domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domains, so this is a flowering trading niche that you can become engaged in.
Top-Level and Second-Level Domains
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 instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-character abbreviations that symbolize each country. Instances of ccTLDs 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 one, has a Registry - an organization that handles the registrations and sets the preconditions that each given Top-Level Domain may entail, such as the length of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually sell the domain name to clients and administer all domain resource records.
Make Profit From Reselling Domain Names
Lots of Registrars have reseller programs that permit people to make money from offering domains to end customers. If you register with such a program, you can kickstart your own personal e-business. Usually, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more users in regional communities or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domains Under Your Personal Brand
When you sign up for a domain reseller program, you will have a webspace hosting Control Panel where you can determine the prices for the different TLDs that the Registrar offers. Most corporations also offer billing management software and web page themes for your online storefront, and the automation of the entire procedure coupled with the strong demand for domains make the domain name reseller industry so desirable. You will either acquire a pre-made website and avail of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own web page and form for placing orders. Traditionally, you have the option to decide between the two possibilities, so it all revolves around how expert you are in these affairs. As a domain reseller, you will operate under your very own brand name and not on behalf of the Registrar's.
Earn Cash From Trading Web Space Hosting Packages Too
A perfect supplement to your domain reseller business would be to sell web hosting services too. In this way, you can give a package deal to individuals who wish to build their web portal and require both a domain and a web space hosting plan. Certain companies offer such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice management software to bill your customers. You can then offer Top-Level Domains and shared website hosting accounts to customers, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all around the world.