Domain name reseller
The Internet is an ever-enlarging platform that furnishes new options to make money on the Internet. One of these options is to be a domain reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of currently active domains, so this is an enlarging trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name is made of two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs 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 top-level domain names comprise two-letter abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that administers the registrations and sets the requirements that each specific TLD may impose, among them the length of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually offer the domain name to clients and manage all DNS resource records.
Gain Cash From Trading Domains
Multiple Registrars have reseller programs that permit people to make cash from selling domains to end customers. If you register with such a program, you can initiate your own electronic business. As a rule, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can contact more individuals in local communities 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 revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Offer Domains On Behalf Of Your Personal Brand
When you sign up for a domain reseller program, you will have a web space hosting Control Panel where you can settle the prices for the individual TLDs that the Registrar provides. Most corporations also offer invoicing software and design layouts for your web store, and the automation of the whole process coupled with the immense demand for domains make the domain reseller business niche so desirable. You will either receive a ready-for-use web site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own personal web site and form for placing orders. Normally, you have the option to choose between the 2 possibilities, so it all revolves around how skilled you are in these issues. As a domain reseller, you will do business on behalf of your own personal trademark name and not on behalf of the Registrar's.
Gain Money From Reselling Site Hosting Packages As Well
A suitable supplement to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to people who would like to establish their site and demand both a domain name and a hosting plan. A few firms supply such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing transaction software to charge your clients. You can then sell top-level domain names and shared web hosting accounts to clients, and since they offer a lot of diverse domain name extensions, you will be able to offer domain and hosting services to clients from all around the globe.