Domain reseller
The Internet is an ever-enlarging community that offers new options to earn money on the Web. One of these opportunities is to become a domain name reseller and offer domains to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are millions of currently active domain names, so this is a blossoming trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain consists of 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 2-character abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and determines the requirements that each given top-level domain name may include, including the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually sell the domain name to customers and administer all domain records.
Make Revenue From Offering Domains
Lots of Registrars have reseller programs that enable individuals to gain money from offering domains to end customers. If you sign up for such a program, you can start your own e-business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can reach more people in provinces or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Resell Top-Level Domain Names On Behalf Of Your Personal Brand Name
When you sign up for a domain reseller program, you will have a web hosting Control Panel where you can settle the prices for the various TLDs that the Registrar offers. Most corporations also provide billing management software and web design skins for your web shop, and the automation of the entire procedure together with the large demand for domain names make the domain reseller market so seductive. You will either receive a ready-to-use web site and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal online portal and order form. Normally, you have the opportunity to decide between the two alternatives, so it all revolves around how skillful you are in these matters. As a domain reseller, you will operate on behalf of your very own personal brand and not under the Registrar's brand.
Earn Profit From Providing Web Page Hosting Services As Well
A relevant addition 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 desire to set up their online portal and require both a domain name and a web space hosting package. Some firms provide such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing software to bill your customers. You can then sell domain names and shared hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to customers from all over the world.