Domain reseller
The World Wide Web is an ever-developing platform that provides new ways to earn cash on the Internet. One of these possibilities is to become a domain name reseller and sell domains to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domains, so this is a blossoming marketing niche that you can become a part of.
TLDs and SLDs
A domain name is composed of 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of two-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a ccTLD, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each given top-level domain name may have, like the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and handle all DNS records.
Make Cash From Trading Domain Names
Numerous Registrars have reseller programs that enable individuals to earn cash from offering domains to end customers. If you subscribe to such a program, you can begin your very own personal online business. Commonly, a domain name will be cheaper if it is registered through 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 local communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domains Under Your Own Personal Trademark Name
When you register with a domain name reseller program, you will acquire a web site hosting Control Panel where you can fix the prices for the different top-level domain names that the Registrar offers. Most companies also provide invoicing software and web design skins for your virtual storefront, and the automation of the entire procedure coupled with the great demand for domain names render the domain name reseller business so attractive. You will either receive a turn-key site and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own web page and order form. Traditionally, you have the opportunity to select between the two options, so it all revolves around how trained you are in these affairs. As a domain reseller, you will work under your very own brand name and not under the Registrar's.
Gain Money From Trading Web Hosting Packages As Well
An appropriate addition to your domain name reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to users who want to run their web page and require both a domain and a website hosting plan. A few companies furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free invoice transaction software to bill your customers. You can then offer domains and shared website hosting packages to clients, and since they offer plenty of different domain name extensions, you will be able to offer domain and hosting services to users from all around the world.