Domain name reseller
The World Wide Web is an ever-growing system that delivers new options to make cash on the Web. One of them is to be a domain name reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are millions of currently active domain names, so this is a thriving trading niche that you can be a part of.
TLDs and SLDs
A domain name is made of 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and determines the preconditions that each concrete Top-Level Domain may impose, like the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually offer the domain name to customers and manage all domain resource records.
Make Revenue From Trading Domain Names
Plenty of Registrars have reseller programs that permit people to earn revenue from selling domains to end users. If you register with such a program, you can set up your own online business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more individuals in local communities or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Resell Domain Names Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will obtain a website hosting Control Panel where you can choose the prices for the separate Top-Level Domains that the Registrar offers. Most companies also offer billing transaction software and web templates for your online storefront, and the automation of the whole procedure combined with the high demand for domain names make the domain name reseller market niche so tempting. You will either receive a ready-to-use site and make use of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal portal and form for placing orders. Commonly, you have the option to decide between the two possibilities, so it all depends on how advanced you are in these matters. As a domain name reseller, you will operate on behalf of your own brand name and not on behalf of the Registrar's brand.
Earn Profit From Promoting Web Page Hosting Plans As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to persons who would like to set up their web page and require both a domain and a web hosting plan. Particular corporations supply such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to bill your customers. You can then sell top-level domain names and shared hosting accounts to customers, and since they offer plenty of different domain extensions, you will be able to provide domain name and hosting services to people from all around the globe.