Domain reseller
The Internet is an ever-increasing community that supplies new possibilities to make money on the Internet. One of these opportunities is to be a domain name reseller and offer domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently active domains, so this is a developing trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name contains 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick 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 domain names can be generic or country code. The generic TLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of two-character abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a ccTLD, has a Registry - an institution that is responsible for the registrations and determines the requirements that each specific TLD may include, among them the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to customers and administer all domain records.
Make Cash From Offering Domain Names
A lot of Registrars have reseller programs that allow individuals to gain money from selling domain names to end users. If you sign up for such a program, you can establish your very own online business. Regularly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can reach more users in regions or countries where the Registrar may not be famous whatsoever. 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 charges for the domain registration.
Sell Domains Under Your Very Own Brand
When you register with a domain name reseller program, you will have a web space hosting CP where you can fix the prices for the various Top-Level Domains that the Registrar offers. Most corporations also offer billing transaction software and web layouts for your virtual shop, and the automation of the entire procedure coupled with the towering demand for domain names make the domain reseller business niche so seductive. You will either obtain a pre-built web site and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web site and form for placing orders. Commonly, you have the option to choose between the 2 alternatives, so it all depends on how expert you are in these matters. As a domain name reseller, you will sell on behalf of your own brand name and not on behalf of the Registrar's.
Earn Money From Selling Hosting Packages Too
A proper supplement to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to clients who want to set up their online portal and demand both a domain name and a site hosting account. Some companies have such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice software to bill your customers. You can then sell TLDs and shared website hosting plans to customers, and since they offer lots of different domain extensions, you will be able to provide domain name and hosting services to people from all around the globe.