Domain name reseller
The Internet is an ever-expanding network that provides new opportunities to make cash online. One of these possibilities is to be a domain reseller and sell domain names to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of currently active domain names, so this is a flowering trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain is composed of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-letter abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that is responsible for the registrations and sets the requirements that each concrete TLD may have, like the duration of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually offer the domain name to customers and handle all domain records.
Gain Profit From Offering Domains
Plenty of Registrars have reseller programs that permit people to earn profit from offering domains to end customers. If you subscribe to such a program, you can set up your own electronic business. Regularly, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more people in regional districts or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell TLDs Under Your Very Own Personal Trademark Name
When you sign up for a domain name reseller program, you will have a hosting CP where you can determine the prices for the specific TLDs that the Registrar provides. Most firms also offer invoice transaction software and website layouts for your online storefront, and the automation of the whole process combined with the enlarging demand for domain names make the domain reseller industry so attractive. You will either receive a pre-made site and make use of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal portal and form for placing orders. Generally, you have the opportunity to pick between the two possibilities, so it all revolves around how accomplished you are in these affairs. As a domain name reseller, you will work on behalf of your very own personal trademark name and not on behalf of the Registrar's brand.
Make Cash From Promoting Web Site Hosting Packages As Well
A good supplement to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to people who would like to make their website and need both a domain and a webspace hosting package. Some companies supply such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain name reseller account and free invoice management software to bill your customers. You can then sell top-level domain names and shared web hosting packages to customers, and since they offer a lot of different domain name extensions, you will be able to provide domain name and hosting services to customers from all around the globe.