Domain name reseller
The World Wide Web is an ever-expanding network that offers new possibilities to earn cash online. One of these possibilities is to become a domain reseller and offer domain names to end customers, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is a blossoming trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain involves 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs consist of 2-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains 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 tackles the registrations and sets the requirements that each particular top-level domain name may entail, like the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to customers and handle all domain resource records.
Make Profit From Selling Domains
Multiple Registrars have reseller programs that permit individuals to gain profit from selling domain names to end users. If you subscribe to such a program, you can set up your very own personal web business. Usually, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can reach more persons in local regions or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domains Under Your Own Personal Brand
When you subscribe to a domain name reseller program, you will get a Control Panel where you can determine the prices for the specific TLDs that the Registrar provides. Most corporations also provide invoicing transaction software and website skins for your online shop, and the automation of the whole procedure coupled with the huge demand for domain names render the domain reseller business so attractive. You will either have a turn-key website and avail of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal online portal and form for placing orders. Generally, you have the option to choose between the two options, so it all depends on how skillful you are in these things. As a domain name reseller, you will work on behalf of your personal brand and not on behalf of the Registrar's.
Earn Revenue From Reselling Web Hosting Services As Well
An adequate supplement to your domain reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to customers who desire to make their web portal and demand both a domain and a webspace hosting account. Given companies supply such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing software to charge your customers. You can then sell domains and shared web hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to persons from all around the globe.