Domain reseller
The World Wide Web is an ever-developing community that offers new possibilities to gain money on the Web. One of these ways is to be a domain name reseller and offer 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 each and every day, and there are millions of presently active domains, so this is a flourishing trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain is made of 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of two-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that manages the registrations and determines the preconditions that each specific Top-Level Domain may include, like the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and handle all DNS records.
Earn Revenue From Trading Domain Names
Lots of Registrars have reseller programs that enable people to earn money from selling domains to end users. If you register with such a program, you can begin your own personal web business. Regularly, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can contact more clients in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit 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 Domain Names Under Your Personal Brand
When you subscribe to a domain name reseller program, you will have a web hosting CP where you can select the prices for the different top-level domain names that the Registrar provides. Most firms also provide invoice software and design templates for your online shop, and the automation of the entire procedure coupled with the considerable demand for domains make the domain name reseller industry so desirable. You will either receive a turn-key site and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal web portal and order form. Generally, you have the opportunity to choose between the two alternatives, so it all revolves around how advanced you are in these issues. As a domain name reseller, you will do business under your personal brand name and not on behalf of the Registrar's.
Earn Profit From Reselling Website Hosting Solutions Too
An appropriate addition to your domain reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to people who desire to manage their web site and demand both a domain name and a site hosting account. Certain companies have such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free billing management software to charge your customers. You can then sell top-level domain names and shared web hosting packages to clients, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to persons from all around the world.