Domain reseller
The World Wide Web is an ever-developing community that supplies new opportunities to make cash online. One of them is to become a domain name reseller and offer domains to end clients, earning revenue 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 1 000 000's of currently functioning domains, so this is an increasing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name involves 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve two-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that handles the registrations and sets the preconditions that each specific top-level domain name may include, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually sell the domain name to customers and handle all domain resource records.
Make Money From Trading Domain Names
Many Registrars have reseller programs that enable individuals to earn cash from offering domain names to end users. If you sign up for such a program, you can begin your own online business. Generally, a domain name will be cheaper 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 contact more users in provinces or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domain Names On Behalf Of Your Personal Brand
When you subscribe to a domain reseller program, you will receive a web page hosting Control Panel where you can select the prices for the various TLDs that the Registrar provides. Most firms also offer invoice software and web site skins for your online store, and the automation of the entire procedure coupled with the big demand for domains make the domain name reseller industry so attractive. You will either have a ready-to-use website and utilize the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal web page and form for placing orders. Normally, you have the option to choose between the 2 options, so it all depends on how trained you are in these affairs. As a domain reseller, you will do business on behalf of your own personal brand name and not under the Registrar's.
Earn Revenue From Promoting Website Hosting Services Too
A relevant addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to users who wish to have their online portal and demand both a domain name and a hosting package. Given firms offer such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice software to charge your clients. You can then offer TLDs and shared website hosting plans to customers, and since they offer a lot of diverse domain name extensions, you will be able to provide domain and hosting services to people from all over the world.