Domain name reseller
The Internet is an ever-enlarging community that provides new options to make money online. One of these possibilities is to be a domain name reseller and offer domain names to end clients, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is an increasing trading niche that you can be engaged in.
TLDs and SLDs
A domain comprises 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of two-character abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and determines the preconditions that each concrete TLD may entail, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and handle all domain name resource records.
Gain Cash From Offering Domain Names
A lot of Registrars have reseller programs that permit individuals to gain money from offering domains to end users. If you subscribe to such a program, you can kick off your own web business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more people in local districts or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Offer Top-Level Domains Under Your Very Own Brand
When you register with a domain name reseller program, you will have a web space hosting Control Panel where you can select the prices for the separate TLDs that the Registrar provides. Most companies also offer billing software and website themes for your virtual storefront, and the automation of the whole procedure combined with the vast demand for domains render the domain name reseller business niche so attractive. You will either obtain a pre-developed website and avail of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal website and order form. Commonly, you have the opportunity to pick between the two alternatives, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will work under your own personal brand name and not on behalf of the Registrar's brand.
Earn Revenue From Trading Hosting Solutions Too
An excellent supplement to your domain name reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to customers who desire to establish their website and need both a domain and a web hosting account. A number of firms supply such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to bill your customers. You can then sell domain names and shared hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to offer domain and hosting services to users from all around the world.