Domain name reseller
The World Wide Web is an ever-enlarging network that furnishes new opportunities to earn cash online. One of these options is to become a domain reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domains, so this is a flowering business niche that you can become engaged in.
TLDs and SLDs
A domain name contains two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are made of two-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that manages the registrations and sets the prerequisites that each concrete top-level domain name may impose, among them the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually offer the domain name to clients and handle all domain records.
Make Revenue From Reselling Domain Names
Numerous Registrars have reseller programs that allow people to earn profit from offering domains to end users. If you sign up for such a program, you can establish your very own personal online business. Generally, 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 reach more individuals in regional districts or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Domains Under Your Own Personal Brand
When you register with a domain reseller program, you will obtain a web page hosting CP where you can set the prices for the different TLDs that the Registrar provides. Most firms also provide invoice management software and web page templates for your virtual storefront, and the automation of the whole process combined with the swelling demand for domains render the domain reseller business so desirable. You will either get a pre-developed site and make use of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own web site and order form. Normally, you have the opportunity to select between the two alternatives, so it all revolves around how skillful you are in these matters. As a domain reseller, you will do business under your very own personal brand and not under the Registrar's brand.
Earn Money From Offering Website Hosting Packages As Well
A nice supplement to your domain name reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to persons who desire to launch their site and require both a domain and a hosting package. Some firms offer such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice software to charge your clients. You can then offer Top-Level Domains and shared web hosting accounts to clients, and since they offer plenty of different domain extensions, you will be able to provide domain and hosting services to people from all around the globe.