Domain name reseller
The Internet is an ever-growing platform that provides new ways to make cash on the Internet. One of these options is to become a domain reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently active domains, so this is a flourishing trading niche that you can become engaged in.
TLDs and SLDs
A domain name comprises 2 components - 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 Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of two-character abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an organization that handles the registrations and determines the preconditions that each given TLD may entail, among them the duration of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and administer all domain name records.
Make Profit From Offering Domain Names
A lot of Registrars have reseller programs that enable individuals to gain cash from selling domains to end users. If you register with such a program, you can launch your own web business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more people in areas or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domain Names Under Your Own Personal Brand
When you sign up for a domain reseller program, you will receive a web hosting Control Panel where you can settle the prices for the separate top-level domain names that the Registrar provides. Most corporations also provide invoice management software and site templates for your online storefront, and the automation of the entire process together with the rising demand for domains render the domain reseller market so desirable. You will either acquire a pre-developed website and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal site and order form. Generally, you have the option to choose between the 2 possibilities, so it all revolves around how skilled you are in these things. As a domain reseller, you will operate under your very own brand name and not under the Registrar's brand.
Make Revenue From Offering Website Hosting Packages Too
A suitable addition to your domain reseller business would be to sell web hosting services too. In this way, you can offer a package deal to clients who desire to manage their site and demand both a domain and a site hosting account. A number of corporations have such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing software to charge your customers. You can then offer TLDs and shared web hosting accounts to clients, and since they offer plenty of diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the globe.