Domain name reseller
The World Wide Web is an ever-enlarging community that delivers new opportunities to earn cash on the Web. One of these ways is to become a domain reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently active domain names, so this is a flourishing trading niche that you can become a part of.
TLDs and SLDs
A domain comprises 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs involve 2-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that manages the registrations and determines the prerequisites that each specific Top-Level Domain may involve, including the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to clients and manage all DNS records.
Gain Revenue From Offering Domains
A lot of Registrars have reseller programs that enable people to gain money from selling domains to end clients. If you subscribe to such a program, you can kickstart your very own web business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can reach more people in regions or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Offer Domains Under Your Own Personal Brand
When you sign up for a domain name reseller program, you will receive a webspace hosting Control Panel where you can settle the prices for the different Top-Level Domains that the Registrar offers. Most corporations also provide billing transaction software and website skins for your online store, and the automation of the entire procedure coupled with the considerable demand for domain names render the domain reseller market niche so attractive. You will either receive a pre-made web site and utilize the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own online portal and order form. Generally, you have the opportunity to select between the 2 possibilities, so it all revolves around how experienced you are in these issues. As a domain name reseller, you will do business under your own personal brand and not under the Registrar's brand.
Earn Profit From Providing Web Page Hosting Accounts Too
A good addition to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to persons who would like to build their web portal and demand both a domain name and a hosting account. A few corporations provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing transaction software to charge your customers. You can then offer Top-Level Domains and shared website hosting plans to clients, and since they provide many different domain name extensions, you will be able to provide domain and hosting services to individuals from all over the globe.