Domain reseller
The Internet is an ever-enlarging platform that furnishes new ways to gain money on the Internet. One of these possibilities is to be a domain reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a blossoming trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name is composed of 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-character abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an organization that administers the registrations and determines the preconditions that each specific TLD may include, like the duration of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain name records.
Earn Cash From Reselling Domain Names
Numerous Registrars have reseller programs that enable people to gain cash from selling domain names to end customers. If you subscribe to such a program, you can start your own personal web business. Regularly, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can contact more users 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 earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domains Under Your Personal Brand Name
When you sign up for a domain reseller program, you will acquire a webspace hosting CP where you can choose the prices for the specific Top-Level Domains that the Registrar offers. Most companies also provide billing transaction software and design themes for your virtual shop, and the automation of the whole procedure coupled with the enormous demand for domains render the domain name reseller business so attractive. You will either acquire a ready-for-use site and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal online portal and form for placing orders. Commonly, you have the opportunity to select between the 2 alternatives, so it all revolves around how trained you are in these things. As a domain name reseller, you will work under your own personal trademark name and not on behalf of the Registrar's.
Make Profit From Promoting Hosting Packages As Well
A perfect addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to clients who wish to create their web portal and require both a domain and a webspace hosting plan. A number of firms provide such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice management software to charge your customers. You can then sell TLDs and shared hosting packages to customers, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to users from all around the globe.