Domain name reseller
The Internet is an ever-enlarging platform that generates new possibilities to make cash online. One of these options is to be a domain reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently functioning domains, so this is an expanding trading niche that you can be a part of.
TLDs and SLDs
A domain name involves 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise 2-letter abbreviations that correspond to 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 TLD or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and determines the preconditions that each given Top-Level Domain may impose, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually sell the domain name to customers and manage all domain name records.
Gain Cash From Trading Domains
Plenty of Registrars have reseller programs that allow individuals to earn profit from offering domains to end users. If you subscribe to such a program, you can set up your very own personal e-business. Normally, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more users in regional districts or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade TLDs Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will receive a web space hosting CP where you can determine the prices for the specific TLDs that the Registrar offers. Most corporations also provide invoicing transaction software and site templates for your virtual shop, and the automation of the whole procedure coupled with the vast demand for domain names make the domain name reseller industry so desirable. You will either acquire a pre-made website and utilize the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own portal and form for placing orders. Generally, you have the option to pick between the 2 alternatives, so it all revolves around how trained you are in these issues. As a domain name reseller, you will do business under your very own brand name and not under the Registrar's brand.
Gain Profit From Selling Website Hosting Accounts As Well
A relevant addition to your domain name reseller business would be to sell web hosting services too. In this way, you can offer a package deal to customers who would like to run their web site and demand both a domain name and a webspace hosting package. Particular firms provide such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice software to charge your clients. You can then offer Top-Level Domains and shared hosting plans to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to users from all around the world.