Domain name reseller
The World Wide Web is an ever-expanding platform that furnishes new options to earn cash online. One of these opportunities is to become a domain reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a thriving trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name includes 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs include the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs involve two-letter abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a ccTLD, has a Registry - an organization that manages the registrations and sets the requirements that each concrete Top-Level Domain may involve, including the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain name resource records.
Earn Money From Trading Domains
Numerous Registrars have reseller programs that allow individuals to earn money from selling domain names to end customers. If you subscribe to such a program, you can begin your own e-business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can contact more customers in areas or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Domain Names Under Your Own Brand
When you register with a domain reseller program, you will acquire a web space hosting Control Panel where you can determine the prices for the various Top-Level Domains that the Registrar provides. Most firms also offer billing transaction software and web design layouts for your online shop, and the automation of the entire process combined with the considerable demand for domain names make the domain name reseller market so tempting. You will either obtain a pre-built website and make use of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own website and form for placing orders. Typically, you have the option to decide between the two possibilities, so it all revolves around how trained you are in these matters. As a domain reseller, you will operate on behalf of your own trademark name and not on behalf of the Registrar's brand.
Gain Cash From Selling Web Site Hosting Accounts As Well
A nice supplement to your domain reseller business would be to sell web hosting services too. In this way, you can offer a package deal to clients who would like to build their online portal and need both a domain and a website hosting account. Particular companies offer such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing transaction software to charge your customers. You can then sell top-level domain names and shared web hosting plans to customers, and since they provide lots of different domain extensions, you will be able to provide domain and hosting services to people from all around the globe.