Domain reseller
The Internet is an ever-enlarging system that furnishes new ways to earn money online. One of these possibilities is to become a domain name reseller and offer domains to end users, generating revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of currently functioning domain names, so this is a thriving business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain involves 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs include 2-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code one, has a Registry - an institution that manages the registrations and sets the requirements that each given top-level domain name may contain, like the length of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and manage all DNS records.
Gain Profit From Trading Domain Names
Multiple Registrars have reseller programs that permit individuals to make profit from selling domain names to end users. If you subscribe to such a program, you can commence your own personal online business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can reach more users in regions or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell TLDs Under Your Very Own Brand Name
When you sign up for a domain name reseller program, you will obtain a web hosting Control Panel where you can set the prices for the separate top-level domain names that the Registrar offers. Most companies also offer invoice software and web themes for your online store, and the automation of the entire procedure together with the large demand for domain names render the domain reseller business so seductive. You will either have a ready-for-use site and avail of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own online portal and order form. Normally, you have the option to select between the 2 alternatives, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will do business on behalf of your very own personal brand and not on behalf of the Registrar's.
Earn Cash From Promoting Site Hosting Packages Too
A perfect supplement to your domain name reseller business would be to sell web hosting services too. In this way, you can give a package deal to clients who would like to build their web portal and demand both a domain name and a website hosting account. A number of firms offer such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free invoicing software to charge your clients. You can then sell Top-Level Domains and shared hosting plans to customers, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to individuals from all over the world.