Domain reseller
The World Wide Web is an ever-growing community that furnishes new ways to gain cash online. One of these ways is to become a domain reseller and offer domains to end customers, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of presently active domains, so this is an enlarging trading niche that you can be involved in.
TLDs and SLDs
A domain name is made of two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-character abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that handles the registrations and sets the prerequisites that each specific top-level domain name may include, among them the length of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and manage all domain name resource records.
Gain Cash From Selling Domain Names
Lots of Registrars have reseller programs that allow individuals to make money from selling domains to end clients. If you register with such a program, you can launch your own online business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can contact more users in regional districts or countries where the Registrar may not be famous at all. This means 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 client pays and the one that the Registrar charges for the domain name registration.
Trade Domain Names On Behalf Of Your Personal Brand Name
When you sign up for a domain reseller program, you will acquire a web hosting Control Panel where you can fix the prices for the various Top-Level Domains that the Registrar provides. Most companies also offer billing management software and web site themes for your virtual storefront, and the automation of the entire process coupled with the proliferating demand for domain names make the domain reseller market niche so attractive. You will either receive a ready-for-use website and make use of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal online portal and form for placing orders. Typically, you have the option to decide between the 2 options, so it all revolves around how experienced you are in these affairs. As a domain reseller, you will work on behalf of your very own personal brand and not under the Registrar's brand.
Earn Revenue From Reselling Web Hosting Services As Well
A suitable supplement to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to persons who want to establish their web portal and require both a domain name and a web hosting plan. Particular corporations provide such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice transaction software to bill your clients. You can then offer domain names and shared web hosting accounts to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to customers from all over the world.