Domain reseller
The Internet is an ever-growing network that supplies new opportunities to earn money online. One of them is to become a domain reseller and sell domain names to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a flowering business niche that you can become involved in.
TLDs and SLDs
A domain contains two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise 2-letter abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an organization that tackles the registrations and determines the prerequisites that each given Top-Level Domain may contain, such as 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 offer the domain name to clients and administer all domain resource records.
Gain Money From Trading Domain Names
Numerous Registrars have reseller programs that permit people to make profit from offering domain names to end users. If you register with such a program, you can build your very own personal web business. Normally, 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 cause is that resellers can reach more individuals in local communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Resell Domain Names Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will have a web page hosting CP where you can determine the prices for the specific Top-Level Domains that the Registrar provides. Most companies also provide billing transaction software and site skins for your online store, and the automation of the entire process together with the high demand for domains render the domain reseller business so attractive. You will either get a ready-for-use website 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 build your very own personal site and order form. Usually, you have the option to select between the two possibilities, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will do business under your own trademark name and not on behalf of the Registrar's.
Gain Money From Reselling Website Hosting Services As Well
A perfect supplement to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to users who wish to establish their website and demand both a domain name and a webspace hosting package. Certain firms supply such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing software to charge your customers. You can then sell TLDs and shared website hosting packages to clients, and since they provide lots of diverse domain name extensions, you will be able to offer domain name and hosting services to people from all around the globe.