Domain reseller
The World Wide Web is an ever-increasing platform that generates new possibilities to make money online. One of these opportunities is to be a domain reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of presently functioning domain names, so this is a developing trading niche that you can become involved in.
TLDs and SLDs
A domain comprises 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD 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 TLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of 2-character abbreviations that correspond to 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 one, has a Registry - an organization that manages the registrations and determines the requirements that each particular TLD may include, among them the length of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually sell the domain name to clients and handle all domain name resource records.
Gain Cash From Trading Domains
Plenty of Registrars have reseller programs that allow people to earn profit from offering domains to end users. If you register with such a program, you can build your own personal e-business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can contact more clients in regional communities or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer TLDs On Behalf Of Your Own Trademark Name
When you sign up for a domain name reseller program, you will acquire a site hosting Control Panel where you can settle the prices for the separate TLDs that the Registrar provides. Most firms also provide invoice management software and website skins for your web storefront, and the automation of the entire process together with the immense demand for domain names make the domain reseller market so seductive. You will either obtain a ready-for-use web site and make use of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own portal and order form. Usually, you have the opportunity to pick between the two possibilities, so it all revolves around how expert you are in these affairs. As a domain reseller, you will work under your own personal brand and not on behalf of the Registrar's brand.
Make Money From Reselling Website Hosting Plans Too
A suitable supplement to your domain reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to customers who desire to run their online portal and need both a domain and a website hosting account. Certain companies provide such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing management software to charge your clients. You can then sell TLDs and shared web hosting plans to clients, and since they provide plenty of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all over the world.