Domain reseller
The Internet is an ever-expanding system that delivers new possibilities to make money online. One of these opportunities 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 and every domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domains, so this is an expanding trading niche that you can become engaged in.
TLDs and SLDs
A domain name consists of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise two-character abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an organization that deals with the registrations and determines the requirements that each given top-level domain name may impose, like the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to clients and administer all DNS resource records.
Make Money From Reselling Domains
Multiple Registrars have reseller programs that permit people to earn revenue from selling domain names to end users. If you register with such a program, you can initiate your very own electronic business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can contact more persons in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Offer TLDs On Behalf Of Your Own Personal Brand Name
When you register with a domain name reseller program, you will receive a site hosting CP where you can determine the prices for the individual TLDs that the Registrar offers. Most corporations also offer invoice transaction software and design templates for your web storefront, and the automation of the whole process coupled with the huge demand for domains render the domain reseller business niche so alluring. You will either receive a pre-developed website and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal web page and order form. Commonly, you have the opportunity to select between the 2 alternatives, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will operate under your very own personal brand and not on behalf of the Registrar's brand.
Gain Money From Promoting Webspace Hosting Solutions Too
A reasonable addition to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to persons who want to manage their web portal and need both a domain and a hosting package. Certain firms have such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoicing transaction software to charge your clients. You can then sell domains and shared hosting accounts to customers, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to persons from all around the world.