Domain reseller
The World Wide Web is an ever-developing community that offers new ways to make money online. One of these opportunities is to be a domain reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are millions of currently active domain names, so this is a flourishing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name includes two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-character abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that administers the registrations and determines the requirements that each specific top-level domain name may have, among them the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually sell the domain name to customers and manage all DNS records.
Earn Cash From Trading Domain Names
A lot of Registrars have reseller programs that allow individuals to make profit from offering domain names to end users. If you register with such a program, you can begin your own Internet business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can contact more persons in regional districts or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domains Under Your Own Brand
When you sign up for a domain reseller program, you will obtain a CP where you can choose the prices for the various top-level domain names that the Registrar provides. Most firms also offer invoice management software and site themes for your online shop, and the automation of the whole process together with the towering demand for domains make the domain name reseller industry so seductive. You will either obtain a pre-made web site and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own portal and order form. Typically, you have the option to pick between the two alternatives, so it all depends on how skillful you are in these matters. As a domain name reseller, you will do business under your very own personal trademark name and not under the Registrar's.
Make Cash From Offering Website Hosting Services As Well
A perfect addition to your domain reseller business would be to sell web hosting plans too. In this way, you can give a package deal to people who wish to set up their web portal and need both a domain and a web site hosting package. A few companies furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing software to charge your clients. You can then sell domains and shared web hosting packages to clients, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to people from all over the globe.