Domain name reseller
The Internet is an ever-flourishing network that generates new options to earn money on the Internet. One of these possibilities is to be a domain name reseller and sell domains to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of presently active domains, so this is an enlarging trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain consists of two parts - a Top-Level Domain (TLD) and a Second-Level Domain (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 comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs comprise two-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and sets the prerequisites that each specific Top-Level Domain may involve, among them the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually offer the domain name to clients and manage all domain resource records.
Earn Cash From Reselling Domains
Multiple Registrars have reseller programs that allow people to gain money from selling domains to end customers. If you sign up for such a program, you can build your own e-business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can contact more people in provinces or countries where the Registrar may not be popular at all. 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 customer pays and the one that the Registrar requires for the domain name registration.
Offer TLDs On Behalf Of Your Own Trademark Name
When you subscribe to a domain name reseller program, you will receive a web site hosting CP where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most firms also offer billing software and site layouts for your web shop, and the automation of the whole process together with the big demand for domain names make the domain reseller business so alluring. You will either get a pre-built site and utilize the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal online portal and form for placing orders. Commonly, you have the opportunity to choose between the two alternatives, so it all revolves around how practiced you are in these matters. As a domain name reseller, you will do business on behalf of your very own trademark name and not on behalf of the Registrar's.
Earn Money From Supplying Website Hosting Packages As Well
A proper supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to persons who would like to launch their website and need both a domain and a website hosting account. Certain firms have such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free invoicing transaction software to bill your clients. You can then offer TLDs and shared web hosting accounts to customers, and since they offer plenty of diverse domain extensions, you will be able to offer domain and hosting services to users from all over the globe.