Domain name reseller
The World Wide Web is an ever-developing system that furnishes new possibilities to earn cash on the Internet. One of these opportunities is to become a domain reseller and sell domains to end customers, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are millions of presently active domain names, so this is a growing trading niche that you can become a part of.
TLDs and SLDs
A domain name comprises two 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 domain names can be generic or country code. The generic TLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include two-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each specific TLD may entail, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain name records.
Earn Profit From Selling Domain Names
Lots of Registrars have reseller programs that enable people to earn revenue from offering domains to end users. If you sign up for such a program, you can set up your own personal web business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can reach more customers in areas or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Offer Domain Names Under Your Very Own Personal Brand
When you register with a domain reseller program, you will get a webspace hosting Control Panel where you can select the prices for the specific TLDs that the Registrar offers. Most firms also provide billing transaction software and web design layouts for your online store, and the automation of the entire process coupled with the strong demand for domains render the domain name reseller business so alluring. You will either receive a ready-to-use website and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own portal and form for placing orders. Typically, you have the opportunity to decide between the 2 possibilities, so it all revolves around how experienced you are in these matters. As a domain reseller, you will sell under your very own personal trademark name and not on behalf of the Registrar's.
Earn Profit From Promoting Website Hosting Accounts As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to persons who would like to launch their web page and require both a domain name and a website hosting account. Particular corporations supply such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to bill your customers. You can then sell TLDs and shared website hosting plans to clients, and since they offer plenty of diverse domain extensions, you will be able to offer domain name and hosting services to individuals from all over the globe.