Domain name reseller
The World Wide Web is an ever-developing network that furnishes new possibilities to earn cash on the Internet. One of them is to become a domain name reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently active domain names, so this is a blossoming marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain is made of two pieces - 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 Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-letter abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the prerequisites that each given Top-Level Domain may include, like the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to clients and handle all domain resource records.
Earn Money From Trading Domains
Multiple Registrars have reseller programs that permit individuals to earn revenue from offering domains to end clients. If you subscribe to such a program, you can launch your own e-business. Regularly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can contact more customers in local communities 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 levies for the domain registration.
Trade TLDs On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will receive a web page hosting Control Panel where you can select the prices for the various top-level domain names that the Registrar provides. Most corporations also offer billing software and web skins for your web storefront, and the automation of the whole procedure coupled with the great demand for domains render the domain reseller business niche so alluring. You will either have a pre-built website and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web site and form for placing orders. Usually, you have the opportunity to pick between the 2 options, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will work under your very own brand name and not under the Registrar's brand.
Earn Revenue From Reselling Website Hosting Plans As Well
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 people who want to run their website and need both a domain and a web site hosting package. Certain corporations supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing transaction software to charge your customers. You can then offer Top-Level Domains and shared website hosting accounts to customers, and since they offer lots of different domain name extensions, you will be able to offer domain and hosting services to users from all around the globe.