Domain reseller
The Internet is an ever-increasing system that furnishes new opportunities to make money on the Web. One of them is to become a domain name reseller and sell domains 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 domain names, so this is an expanding trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name involves two pieces - 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 TLDs
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-letter abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an institution that is responsible for the registrations and determines the requirements that each specific TLD may involve, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually offer the domain name to clients and administer all DNS records.
Make Money From Offering Domains
A lot of Registrars have reseller programs that permit individuals to gain money from selling domains to end customers. If you sign up for such a program, you can set up your own online business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more people in local communities or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will make a profit 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 name registration.
Offer Top-Level Domains On Behalf Of Your Own Brand Name
When you subscribe to a domain name reseller program, you will acquire a webspace hosting Control Panel where you can determine the prices for the different top-level domain names that the Registrar provides. Most companies also provide billing software and web layouts for your virtual storefront, and the automation of the entire process together with the great demand for domains make the domain reseller market niche so tempting. You will either obtain a ready-to-use site and make use of 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 website and order form. Generally, you have the opportunity to select between the 2 possibilities, so it all depends on how skillful you are in these things. As a domain name reseller, you will work on behalf of your own personal brand and not under the Registrar's brand.
Earn Profit From Selling Web Space Hosting Packages Too
A suitable addition to your domain reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to customers who want to make their web page and require both a domain and a site hosting account. Particular companies furnish such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and free billing software to charge your clients. You can then sell TLDs and shared hosting accounts to clients, and since they offer many different domain extensions, you will be able to provide domain name and hosting services to customers from all around the globe.