Domain reseller
The World Wide Web is an ever-enlarging platform that generates new options to earn money on the Internet. One of these possibilities is to be a domain name reseller and sell domain names to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of currently active domain names, so this is an enlarging business niche that you can become engaged in.
TLDs and SLDs
A domain includes two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-letter abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each given TLD may include, such as the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and handle all domain resource records.
Gain Profit From Offering Domain Names
Many Registrars have reseller programs that enable people to gain money from selling domains to end users. If you sign up for such a program, you can start your own online business. Regularly, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more individuals in regional districts or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domain Names On Behalf Of Your Own Brand
When you subscribe to a domain name reseller program, you will obtain a hosting CP where you can select the prices for the different Top-Level Domains that the Registrar provides. Most corporations also offer invoice management software and site themes for your online store, and the automation of the entire procedure combined with the enormous demand for domain names render the domain reseller business niche so desirable. You will either acquire a ready-made web site and use the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own personal web site and order form. Typically, you have the option to select between the 2 alternatives, so it all depends on how skilled you are in these affairs. As a domain name reseller, you will work under your own personal brand name and not under the Registrar's.
Gain Revenue From Selling Web Space Hosting Services Too
A relevant addition to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to clients who desire to have their online portal and require both a domain name and a web site hosting account. Some firms offer such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to bill your clients. You can then offer top-level domain names and shared hosting accounts to clients, and since they provide many diverse domain extensions, you will be able to offer domain name and hosting services to people from all over the world.