Domain name reseller
The Internet is an ever-expanding platform that provides new opportunities to earn cash online. One of these options is to be a domain name reseller and sell domain names to end clients, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of currently active domains, so this is an expanding business niche that you can become involved in.
TLDs and SLDs
A domain name is composed of two constituents - 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.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-letter abbreviations that represent 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 ccTLD, has a Registry - an institution that administers the registrations and sets the preconditions that each particular top-level domain name may entail, such as the duration of the registration term or the citizenship 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 manage all DNS records.
Gain Revenue From Trading Domains
Plenty of Registrars have reseller programs that allow people to make cash from offering domain names to end users. If you register with such a program, you can launch your own online business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can contact more people in regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Own Brand Name
When you sign up for a domain name reseller program, you will get a web site hosting Control Panel where you can fix the prices for the different Top-Level Domains that the Registrar provides. Most companies also offer billing transaction software and design themes for your online shop, and the automation of the whole process together with the growing demand for domains make the domain reseller business niche so alluring. You will either obtain a ready-made website and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own website and order form. Traditionally, you have the opportunity to pick between the two alternatives, so it all depends on how practiced you are in these affairs. As a domain name reseller, you will sell under your own personal brand name and not under the Registrar's.
Make Money From Providing Web Page Hosting Packages As Well
A nice supplement to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to people who would like to manage their website and demand both a domain and a hosting plan. Certain corporations offer such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice transaction software to bill your clients. You can then sell top-level domain names and shared web hosting accounts to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to clients from all over the globe.