Domain reseller
The Internet is an ever-increasing community that supplies new opportunities to gain cash online. One of these opportunities is to become a domain reseller and offer domain names to end customers, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of currently active domains, so this is a flowering business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain includes two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-character abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each particular TLD may include, like the length of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain name records.
Earn Money From Offering Domains
Multiple Registrars have reseller programs that allow individuals to make cash from selling domain names to end clients. If you sign up for such a program, you can build your own personal e-business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can contact more people in local regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domains On Behalf Of Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a web site hosting Control Panel where you can choose the prices for the individual top-level domain names that the Registrar offers. Most corporations also offer invoice transaction software and web design layouts for your web store, and the automation of the whole procedure combined with the significant demand for domains make the domain reseller market niche so alluring. You will either acquire a pre-developed web site and use the Registrar platform to sell domain names, or they will grant 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 pick between the two alternatives, so it all depends on how skilled you are in these things. As a domain name reseller, you will operate on behalf of your very own brand name and not under the Registrar's brand.
Gain Profit From Trading Web Hosting Solutions As Well
An adequate supplement to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to customers who would like to manage their web portal and demand both a domain and a website hosting account. A few firms supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice software to charge your clients. You can then sell domains and shared website hosting accounts to customers, and since they offer many different domain name extensions, you will be able to provide domain and hosting services to clients from all over the world.