Domain reseller
The Internet is an ever-growing community that delivers new options to make cash online. One of these opportunities is to become a domain name reseller and sell domain names to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of presently active domains, so this is an increasing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name includes two 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 SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise two-letter abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that tackles the registrations and sets the requirements that each specific Top-Level Domain may have, among them the length of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain resource records.
Gain Money From Reselling Domains
Multiple Registrars have reseller programs that permit individuals to gain revenue from selling domains to end users. If you register with such a program, you can kick off your own personal electronic business. Normally, a domain will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more persons in regions or countries where the Registrar may not be known whatsoever. 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 charges for the domain registration.
Trade Domains Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a Control Panel where you can fix the prices for the different Top-Level Domains that the Registrar provides. Most companies also offer invoice software and templates for your online storefront, and the automation of the whole process coupled with the proliferating demand for domain names make the domain reseller market niche so tempting. You will either acquire a ready-made site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own portal and order form. Typically, you have the option to choose between the two possibilities, so it all depends on how skilled you are in these affairs. As a domain reseller, you will work under your own trademark name and not under the Registrar's brand.
Earn Revenue From Offering Site Hosting Services Too
A logical supplement to your domain name reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to individuals who would like to run their web page and demand both a domain name and a web site hosting package. Given corporations supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice management software to bill your customers. You can then sell TLDs and shared hosting packages to customers, and since they provide lots of different domain extensions, you will be able to provide domain name and hosting services to customers from all over the globe.