Domain reseller
The Internet is an ever-increasing platform that delivers new ways to make cash on the Internet. One of these options is to be a domain name reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently active domains, so this is an increasing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name is made of two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs comprise the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise 2-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that administers the registrations and sets the prerequisites that each concrete TLD may impose, like the duration of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the firms that in fact offer the domain name to customers and manage all domain name resource records.
Gain Money From Reselling Domains
Numerous Registrars have reseller programs that allow people to make cash from offering domain names to end customers. If you subscribe to such a program, you can kickstart your own web business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can contact more individuals in local districts or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domain Names Under Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will get a web hosting Control Panel where you can select the prices for the separate Top-Level Domains that the Registrar provides. Most firms also provide invoicing transaction software and site layouts for your online store, and the automation of the entire process coupled with the enormous demand for domains render the domain name reseller market so tempting. You will either get a turn-key site and use the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own online portal and order form. Commonly, you have the opportunity to decide between the 2 possibilities, so it all revolves around how expert you are in these matters. As a domain reseller, you will operate under your own personal trademark name and not on behalf of the Registrar's brand.
Earn Money From Providing Web Page Hosting Solutions As Well
A nice supplement to your domain name reseller business would be to sell web hosting plans too. Thus, you can give a package deal to users who desire to launch their site and need both a domain and a web site hosting account. A few companies provide such options. With 'ResellersPanel', for example, you can have a VPS 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 offer top-level domain names and shared hosting packages to clients, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to persons from all over the world.