Domain reseller
The World Wide Web is an ever-expanding platform that delivers new options to earn cash on the Web. One of them is to be a domain name reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is a thriving business niche that you can become engaged in.
TLDs and SLDs
A domain is composed of 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name 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 comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs contain two-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that is responsible for the registrations and determines the requirements that each particular Top-Level Domain may involve, such as the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and administer all DNS resource records.
Gain Cash From Reselling Domains
Plenty of Registrars have reseller programs that enable people to earn profit from offering domain names to end customers. If you register with such a program, you can launch your own electronic business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can contact more users in local districts or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell Domain Names On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will have a web site hosting CP where you can fix the prices for the separate top-level domain names that the Registrar offers. Most corporations also provide billing software and web design layouts for your web shop, and the automation of the whole procedure together with the increasing demand for domain names make the domain reseller industry so tempting. You will either acquire a pre-built web site and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal website and form for placing orders. Usually, you have the option to decide between the 2 possibilities, so it all revolves around how skilled you are in these issues. As a domain name reseller, you will do business on behalf of your personal trademark name and not on behalf of the Registrar's brand.
Gain Profit From Offering Hosting Plans As Well
An excellent supplement to your domain name reseller business would be to sell web hosting packages too. In this way, you can give a package deal to individuals who desire to establish their online portal and need both a domain name and a web hosting plan. Given corporations provide such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoicing software to bill your customers. You can then sell Top-Level Domains and shared website 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 users from all around the globe.