Domain name reseller
The Internet is an ever-expanding system that generates new options to make money online. One of these opportunities is to be a domain reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are millions of presently functioning domain names, so this is an enlarging trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain is composed of two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of 2-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an institution that handles the registrations and sets the requirements that each specific top-level domain name may impose, like the duration of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to customers and handle all domain name records.
Gain Cash From Selling Domain Names
A lot of Registrars have reseller programs that permit individuals to earn money from offering domain names to end customers. If you subscribe to such a program, you can kickstart your own personal e-business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can contact more users in local regions or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domains Under Your Very Own Brand Name
When you sign up for a domain name reseller program, you will acquire a web hosting CP where you can determine the prices for the separate top-level domain names that the Registrar provides. Most firms also offer invoicing transaction software and web page templates for your web shop, and the automation of the entire procedure together with the huge demand for domains make the domain reseller business so tempting. You will either acquire a pre-built site and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal online portal and order form. Generally, you have the option to select between the two possibilities, so it all revolves around how practiced you are in these matters. As a domain reseller, you will sell on behalf of your very own brand and not on behalf of the Registrar's.
Make Cash From Supplying Hosting Plans Too
A suitable supplement to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to people who desire to create their web portal and demand both a domain name and a webspace hosting account. A number of companies have such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free billing management software to charge your clients. You can then sell top-level domain names and shared web hosting plans to clients, and since they provide plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to customers from all over the world.