Domain name reseller
The Internet is an ever-flourishing platform that furnishes new ways to earn cash online. One of these possibilities is to become a domain reseller and sell domains to end users, generating 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 millions of currently active domains, so this is a flourishing business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name contains two components - 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 and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-letter abbreviations that signify each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the requirements that each concrete TLD may impose, among them the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all DNS resource records.
Earn Money From Trading Domains
Multiple Registrars have reseller programs that enable people to make revenue from offering domain names to end customers. If you sign up for such a program, you can kick off your very own personal electronic business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can contact more clients in local communities or states where the Registrar may not be known 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 imposes for the domain registration.
Resell Top-Level Domains On Behalf Of Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will obtain a website hosting CP where you can choose the prices for the various TLDs that the Registrar offers. Most companies also offer billing transaction software and web design skins for your virtual shop, and the automation of the entire procedure combined with the big demand for domain names make the domain reseller business so seductive. You will either acquire a pre-developed site and utilize the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own portal and form for placing orders. Traditionally, you have the option to decide between the two possibilities, so it all revolves around how proficient you are in these things. As a domain reseller, you will operate on behalf of your own personal brand name and not on behalf of the Registrar's.
Make Profit From Promoting Site Hosting Services As Well
A logical addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to people who wish to develop their web page and demand both a domain name and a web page hosting package. Certain corporations have such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice transaction software to charge your customers. You can then offer top-level domain names and shared web hosting plans to customers, and since they offer a lot of different domain name extensions, you will be able to offer domain and hosting services to clients from all around the world.