Domain name reseller
The Internet is an ever-growing community that furnishes new possibilities to earn cash on the Internet. One of them is to be a domain reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are millions of presently active domains, so this is a thriving trading niche that you can be engaged in.
TLDs and SLDs
A domain involves two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs include the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of 2-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that manages the registrations and determines the preconditions that each specific TLD may entail, such as the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact offer the domain name to clients and administer all domain resource records.
Make Cash From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to make money from offering domain names to end clients. If you register with such a program, you can begin your own Internet 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 client. The explanation is that resellers can reach more people in areas or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties 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 On Behalf Of Your Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a Control Panel where you can fix the prices for the different top-level domain names that the Registrar provides. Most corporations also offer billing software and web themes for your web store, and the automation of the entire procedure together with the immense demand for domains make the domain name reseller business so alluring. You will either acquire a ready-to-use site and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal portal and form for placing orders. Typically, you have the opportunity to choose between the two options, so it all revolves around how advanced you are in these things. As a domain name reseller, you will sell on behalf of your personal brand name and not on behalf of the Registrar's.
Make Money From Trading Web Hosting Solutions Too
An appropriate addition to your domain name reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to persons who want to launch their web page and need both a domain and a web hosting plan. Given companies offer such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice management software to bill your clients. You can then sell domains and shared hosting accounts to customers, and since they offer lots of diverse domain extensions, you will be able to provide domain and hosting services to people from all around the world.