Domain name reseller
The World Wide Web is an ever-growing network that offers new options to earn cash online. One of them is to become a domain name reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of presently active domains, so this is a growing trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name comprises 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 and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain 2-letter abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an organization that is responsible for the registrations and determines the requirements that each concrete Top-Level Domain may include, such as the duration of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually sell the domain name to customers and manage all domain name records.
Gain Cash From Reselling Domains
Multiple Registrars have reseller programs that permit people to gain money from offering domains to end clients. If you subscribe to such a program, you can begin your own personal online business. As a rule, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can reach more persons in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Offer Domain Names Under Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will get a web site hosting CP where you can settle the prices for the separate top-level domain names that the Registrar provides. Most corporations also provide invoice transaction software and templates for your web shop, and the automation of the whole procedure combined with the enormous demand for domains make the domain reseller business niche so seductive. You will either have a turn-key web site and make use of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web page and form for placing orders. Commonly, you have the option to decide between the 2 possibilities, so it all depends on how practiced you are in these things. As a domain name reseller, you will sell on behalf of your personal brand and not under the Registrar's.
Earn Profit From Providing Web Hosting Packages As Well
An adequate supplement 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 wish to establish their web page and need both a domain name and a hosting package. Some corporations offer such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to charge your customers. You can then offer domains and shared hosting plans to customers, and since they offer plenty of different domain extensions, you will be able to provide domain name and hosting services to people from all over the globe.