Domain reseller
The Internet is an ever-enlarging network that offers new opportunities to make money on the Internet. One of these options is to become a domain name reseller and sell domain names to end clients, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of currently functioning domain names, so this is a growing business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name is made of two components - a top-level domain name (TLD) and a Second-Level Domain (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 Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-letter abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the prerequisites that each given top-level domain name may include, such as the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to customers and administer all domain name records.
Earn Profit From Trading Domains
Plenty of Registrars have reseller programs that enable people to earn revenue from offering domain names to end users. If you sign up for such a program, you can build your own e-business. Normally, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more clients in regions or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Trade TLDs On Behalf Of Your Personal Brand
When you sign up for a domain name reseller program, you will have a web page hosting CP where you can set the prices for the different TLDs that the Registrar offers. Most companies also provide invoicing software and design templates for your virtual storefront, and the automation of the whole process together with the vast demand for domain names make the domain reseller business niche so attractive. You will either acquire a pre-made site and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own site and order form. Normally, you have the option to choose between the two possibilities, so it all revolves around how experienced you are in these issues. As a domain name reseller, you will work under your personal trademark name and not under the Registrar's brand.
Gain Revenue From Reselling Web Space Hosting Packages Too
An excellent addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to individuals who wish to develop their web page and demand both a domain name and a hosting account. A number of companies provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice software to charge your clients. You can then sell domains and shared hosting packages to clients, and since they provide plenty of diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all around the globe.