Domain name reseller
The Internet is an ever-flourishing community that offers new options to gain cash online. One of these ways is to become a domain name reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domains, so this is a developing trading niche that you can be engaged in.
TLDs and SLDs
A domain comprises two pieces - 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 SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are composed of two-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an organization that deals with the registrations and determines the prerequisites that each particular TLD may involve, like the length of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and handle all domain name resource records.
Earn Cash From Offering Domains
A lot of Registrars have reseller programs that enable people to make money from selling domains to end customers. If you subscribe to such a program, you can kick off your very own personal electronic business. As a rule, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can reach more users in regional districts or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Resell TLDs Under Your Personal Trademark Name
When you sign up for a domain name reseller program, you will have a site hosting CP where you can settle the prices for the specific Top-Level Domains that the Registrar provides. Most companies also provide invoice transaction software and web page templates for your online storefront, and the automation of the whole procedure coupled with the strong demand for domain names make the domain reseller industry so attractive. You will either have a pre-made site and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal web site and order form. Generally, you have the option to choose between the 2 possibilities, so it all depends on how proficient you are in these matters. As a domain name reseller, you will work on behalf of your personal brand name and not on behalf of the Registrar's brand.
Earn Profit From Providing Web Space Hosting Services Too
A sensible addition to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to individuals who wish to establish their web site and demand both a domain and a web space hosting plan. Certain corporations supply such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoice software to charge your customers. You can then offer domain names and shared web hosting plans to clients, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to people from all around the globe.