Domain name reseller
The World Wide Web is an ever-increasing network that generates new options to earn cash online. One of them is to be a domain reseller and offer domains to end users, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently active domain names, so this is an enlarging trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain consists of 2 pieces - a top-level domain name (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 Domains
The TLDs can be generic or country code. The gTLDs include the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 2-letter 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 name or a country-code TLD, has a Registry - an institution that manages the registrations and sets the prerequisites that each particular TLD may include, such as the length of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain resource records.
Make Money From Reselling Domains
Multiple Registrars have reseller programs that enable individuals to make cash from offering domain names to end users. If you sign up for such a program, you can begin your own personal Internet business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more customers in local districts or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will capitalize on 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.
Trade Top-Level Domains Under Your Own 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 top-level domain names that the Registrar offers. Most companies also offer invoice management software and themes for your virtual shop, and the automation of the whole process coupled with the high demand for domain names render the domain reseller business so tempting. You will either obtain a ready-for-use site and utilize the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own web portal and order form. Generally, you have the option to choose between the 2 possibilities, so it all depends on how accomplished you are in these affairs. As a domain name reseller, you will operate under your own personal brand name and not under the Registrar's.
Gain Money From Trading Web Site Hosting Solutions Too
A relevant addition to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to users who desire to establish their online portal and demand both a domain name and a webspace hosting plan. Given corporations provide such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice transaction software to charge your clients. You can then sell domains and shared web hosting accounts to clients, and since they offer a lot of different domain name extensions, you will be able to provide domain and hosting services to clients from all over the globe.