Domain name reseller
The Internet is an ever-expanding community that generates new possibilities to gain cash online. One of these opportunities is to become a domain name reseller and offer domains to end clients, gaining profit 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 domains, so this is a flowering trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain involves two components - 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 name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs include the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 2-character abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code TLD, has a Registry - an organization that manages the registrations and sets the prerequisites that each specific TLD may have, including the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to clients and handle all domain resource records.
Gain Revenue From Offering Domains
Multiple Registrars have reseller programs that allow individuals to earn cash from offering domain names to end customers. If you subscribe to such a program, you can begin your very own personal electronic business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can reach more individuals in local communities or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domain Names Under Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will get a web hosting Control Panel where you can set the prices for the specific top-level domain names that the Registrar provides. Most firms also provide billing software and web design skins for your web storefront, and the automation of the entire procedure combined with the big demand for domains make the domain reseller market so seductive. You will either have a pre-made site and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own web site and order form. Typically, you have the opportunity to choose between the 2 alternatives, so it all depends on how skillful you are in these things. As a domain reseller, you will work on behalf of your very own brand name and not on behalf of the Registrar's.
Gain Money From Providing Web Space Hosting Solutions As Well
A reasonable addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to persons who want to develop their web portal and demand both a domain name and a site hosting account. Some firms have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free billing software to charge your clients. You can then sell domains and shared hosting packages to customers, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to clients from all over the globe.