Domain reseller
The Internet is an ever-growing network that delivers new options to make money online. One of these opportunities is to become a domain name reseller and sell domains to end customers, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a blooming trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name contains two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include two-character abbreviations that symbolize each country. Instances of country-code top-level domain names 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 administers the registrations and sets the preconditions that each concrete Top-Level Domain may involve, such as the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain resource records.
Make Revenue From Selling Domains
Lots of Registrars have reseller programs that allow individuals to earn cash from offering domain names to end users. If you register with such a program, you can kickstart your own personal web business. Typically, 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 user. The reason is that resellers can contact more customers in local districts or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Sell TLDs On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will acquire a hosting Control Panel where you can set the prices for the different Top-Level Domains that the Registrar offers. Most corporations also offer billing management software and site layouts for your virtual storefront, and the automation of the whole process combined with the enlarging demand for domains make the domain reseller market niche so alluring. You will either get a pre-built web site and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own online portal and order form. Traditionally, you have the option to choose between the 2 possibilities, so it all depends on how skillful you are in these issues. As a domain name reseller, you will sell under your personal brand name and not under the Registrar's.
Gain Money From Offering Webspace Hosting Plans As Well
A proper addition to your domain name reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to customers who wish to create their web site and need both a domain and a webspace hosting account. A few firms furnish such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice transaction software to bill your customers. You can then offer domains and shared web hosting plans to clients, and since they offer many diverse domain extensions, you will be able to offer domain name and hosting services to customers from all over the globe.