Domain name reseller
The World Wide Web is an ever-growing network that offers new ways to make money online. One of these possibilities is to become a domain name reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently active domains, so this is an expanding business niche that you can be involved in.
TLDs and SLDs
A domain comprises two constituents - 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 TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain 2-letter abbreviations that denote each country. Instances of country-code Top-Level Domains 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 requirements that each given top-level domain name may entail, including the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually sell the domain name to customers and administer all domain name resource records.
Make Money From Trading Domain Names
Numerous Registrars have reseller programs that permit people to make money from selling domain names to end users. If you subscribe to such a program, you can establish your very own personal online business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can contact more persons in areas or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domains Under Your Personal Brand Name
When you subscribe to a domain name reseller program, you will obtain a site hosting CP where you can determine the prices for the separate TLDs that the Registrar offers. Most companies also offer invoice transaction software and website themes for your online store, and the automation of the whole procedure together with the great demand for domains make the domain name reseller business so desirable. You will either get a ready-to-use website and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own website and order form. Normally, you have the option to decide between the 2 possibilities, so it all revolves around how accomplished you are in these affairs. As a domain reseller, you will work on behalf of your own brand name and not under the Registrar's.
Gain Money From Selling Site Hosting Packages As Well
A sensible supplement to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to people who want to build their website and need both a domain and a site hosting account. Some 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 name reseller account and free-of-charge invoicing software to charge your customers. You can then sell Top-Level Domains and shared hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to people from all over the world.