Domain name reseller
The Internet is an ever-growing platform that generates new options to gain money on the Web. One of these opportunities is to become a domain reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are millions of currently active domain names, so this is a thriving trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain contains two parts - 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 Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise two-character abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that handles the registrations and sets the prerequisites that each concrete top-level domain name may contain, like the length of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and handle all DNS records.
Make Money From Trading Domains
Multiple Registrars have reseller programs that permit individuals to earn revenue from offering domains to end customers. If you sign up for such a program, you can start your very own personal web business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more customers in regional districts or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides 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 requires for the domain registration.
Trade Domain Names Under Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will have a hosting CP where you can determine the prices for the different top-level domain names that the Registrar provides. Most companies also provide billing transaction software and design skins for your online store, and the automation of the whole process combined with the swelling demand for domains render the domain reseller market niche so tempting. You will either get a turn-key site and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own personal portal and order form. Commonly, you have the option to pick between the two alternatives, so it all depends on how skillful you are in these things. As a domain reseller, you will do business on behalf of your own brand and not under the Registrar's.
Earn Money From Reselling Website Hosting Accounts As Well
An excellent supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to individuals who would like to build their online portal and need both a domain name and a webspace hosting package. Given corporations furnish such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to charge your customers. You can then sell domain names and shared website hosting plans to customers, and since they offer a lot of diverse domain extensions, you will be able to provide domain name and hosting services to customers from all over the globe.