Domain name reseller
The Internet is an ever-flourishing system that supplies new ways to make cash online. One of these possibilities is to be a domain reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domains, so this is an enlarging trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name involves 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-character abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and sets the prerequisites that each specific Top-Level Domain may entail, among them the length of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain name resource records.
Make Cash From Trading Domains
A lot of Registrars have reseller programs that permit people to earn cash from offering domains to end clients. If you sign up for such a program, you can launch your own personal web business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can reach more persons in local communities or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Resell Top-Level Domains On Behalf Of Your Personal Brand Name
When you subscribe to a domain name reseller program, you will obtain a web page hosting Control Panel where you can select the prices for the specific Top-Level Domains that the Registrar provides. Most firms also provide invoice transaction software and website themes for your virtual shop, and the automation of the whole procedure coupled with the vast demand for domains render the domain reseller industry so attractive. You will either have a ready-to-use web site and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal online portal and form for placing orders. Commonly, you have the opportunity to decide between the two possibilities, so it all depends on how proficient you are in these matters. As a domain name reseller, you will operate under your very own personal trademark name and not on behalf of the Registrar's.
Make Money From Reselling Web Space Hosting Packages As Well
A good addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to customers who wish to establish their web page and need both a domain name and a webspace hosting package. Certain corporations furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free billing transaction software to charge your customers. You can then offer domains and shared website hosting accounts to clients, and since they provide plenty of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all over the world.