Domain name reseller
The Internet is an ever-growing platform that provides new options to make money on the Internet. One of them is to become a domain name reseller and offer domains to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are millions of currently functioning domains, so this is a flowering business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain comprises 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain 2-letter abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the preconditions that each specific Top-Level Domain may impose, like the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to customers and manage all domain resource records.
Make Cash From Trading Domains
A lot of Registrars have reseller programs that permit people to earn money from offering domains to end users. If you subscribe to such a program, you can begin your very own personal electronic business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more people in local districts or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Sell Domain Names Under Your Personal Brand
When you sign up for a domain reseller program, you will receive a web page hosting CP where you can select the prices for the specific top-level domain names that the Registrar provides. Most corporations also provide billing transaction software and web site themes for your virtual storefront, and the automation of the whole process coupled with the towering demand for domain names make the domain name reseller business niche so alluring. You will either get a pre-developed web site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal online portal and order form. Commonly, you have the option to select between the 2 alternatives, so it all depends on how skillful you are in these affairs. As a domain reseller, you will sell under your very own personal brand name and not under the Registrar's.
Earn Profit From Supplying Hosting Accounts Too
A suitable addition to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to individuals who would like to create their website and need both a domain and a site hosting plan. Particular companies 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 management software to bill your customers. You can then offer Top-Level Domains and shared website hosting plans to clients, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to people from all around the globe.