Domain reseller
The World Wide Web is an ever-increasing network that generates new options to earn cash online. One of these ways is to be a domain name reseller and offer domains 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 every day, and there are millions of currently active domain names, so this is a blooming trading niche that you can be a part of.
TLDs and SLDs
A domain name is made of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 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 or a country-code one, has a Registry - an organization that tackles the registrations and sets the preconditions that each particular top-level domain name may contain, like the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually offer the domain name to clients and handle all domain resource records.
Earn Cash From Selling Domains
Plenty of Registrars have reseller programs that enable people to earn money from offering domains to end clients. If you sign up for such a program, you can start your own personal e-business. As a rule, 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 local districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell TLDs On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will have a site hosting CP where you can select the prices for the individual Top-Level Domains that the Registrar provides. Most firms also provide invoice software and website themes for your online store, and the automation of the whole process combined with the vast demand for domain names render the domain name reseller market niche so seductive. You will either have a pre-made web site and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own website and order form. Generally, you have the option to choose between the two alternatives, so it all depends on how expert you are in these matters. As a domain name reseller, you will work on behalf of your personal brand name and not under the Registrar's brand.
Earn Profit From Supplying Web Hosting Plans As Well
An adequate addition to your domain reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to customers who desire to develop their online portal and demand both a domain name and a site hosting account. A number of companies provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free invoice management software to charge your customers. You can then offer domain names and shared hosting accounts to customers, and since they offer plenty of diverse domain extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.