Domain reseller
The World Wide Web is an ever-growing community that generates new opportunities to earn cash on the Internet. One of them is to become a domain name reseller and sell domain names to end customers, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is a flourishing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name contains two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names include the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of two-character abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and determines the prerequisites that each given Top-Level Domain may include, among them the duration of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain resource records.
Gain Profit From Reselling Domains
Many Registrars have reseller programs that enable people to earn money from selling domains to end clients. If you subscribe to such a program, you can kickstart your very own electronic business. Usually, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can contact more persons in provinces or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Domain Names Under Your Personal Brand Name
When you sign up for a domain reseller program, you will acquire a web site hosting CP where you can select the prices for the specific top-level domain names that the Registrar offers. Most corporations also offer invoicing transaction software and web site templates for your virtual shop, and the automation of the whole procedure coupled with the enlarging demand for domain names make the domain name reseller market niche so desirable. You will either obtain a pre-built website and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal online portal and order form. Commonly, you have the opportunity to pick between the 2 options, so it all depends on how expert you are in these matters. As a domain name reseller, you will sell under your very own personal brand and not on behalf of the Registrar's.
Make Profit From Selling Web Hosting Packages Too
A relevant addition to your domain reseller business would be to sell web hosting services too. In this way, you can give a package deal to clients who would like to establish their web page and demand both a domain name and a site hosting plan. Particular firms furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice software to charge your clients. You can then offer TLDs and shared hosting accounts to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain name and hosting services to individuals from all around the world.