Domain reseller
The Internet is an ever-developing platform that supplies new opportunities to earn money on the Web. One of them is to become a domain reseller and offer domains to end clients, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of currently active domain names, so this is a thriving trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name involves 2 constituents - 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 Top-Level Domains can be generic or country code. The generic top-level domain names include the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-character abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an institution that tackles the registrations and determines the requirements that each specific top-level domain name may involve, like the length of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually sell the domain name to clients and manage all DNS resource records.
Gain Cash From Trading Domain Names
A lot of Registrars have reseller programs that permit individuals to make cash from offering domain names to end users. If you subscribe to such a program, you can establish your very own online business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more users in local communities or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Offer Top-Level Domain Names Under Your Very Own Personal Trademark Name
When you sign up for a domain reseller program, you will have a website hosting CP where you can settle the prices for the different TLDs that the Registrar offers. Most firms also provide billing transaction software and website templates for your virtual storefront, and the automation of the whole procedure coupled with the expanding demand for domain names make the domain name reseller business niche so desirable. You will either receive a pre-developed website and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own web page and order form. Usually, you have the option to select between the two alternatives, so it all revolves around how skilled you are in these issues. As a domain reseller, you will sell under your personal brand name and not under the Registrar's.
Gain Profit From Supplying Webspace Hosting Solutions Too
A reasonable supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to users who desire to create their web portal and require both a domain and a web page hosting plan. Some corporations offer 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 charge-free invoice software to charge your clients. You can then offer domains and shared website hosting accounts to clients, and since they provide lots of diverse domain extensions, you will be able to offer domain and hosting services to people from all around the world.