Domain reseller
The World Wide Web is an ever-expanding platform that supplies new options to make money online. One of these options is to be a domain name reseller and sell domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is a flourishing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name is composed of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs contain two-character abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code one, has a Registry - an institution that deals with the registrations and sets the requirements that each particular Top-Level Domain may contain, including the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and administer all domain name resource records.
Make Profit From Offering Domains
Multiple Registrars have reseller programs that permit people to gain revenue from selling domains to end clients. If you register with such a program, you can launch your own online business. Commonly, a domain name will be more inexpensive 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 individuals in regions or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer Domains Under Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a web page hosting Control Panel where you can settle the prices for the various top-level domain names that the Registrar offers. Most firms also offer invoicing software and web design themes for your web shop, and the automation of the whole procedure coupled with the large demand for domain names make the domain name reseller market niche so attractive. You will either get a turn-key website and make use of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web site and form for placing orders. Normally, you have the opportunity to pick between the 2 possibilities, so it all depends on how proficient you are in these affairs. As a domain name reseller, you will sell on behalf of your own personal brand name and not on behalf of the Registrar's.
Gain Money From Offering Web Site Hosting Solutions Too
A logical addition to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to customers who wish to create their online portal and require both a domain and a hosting plan. A number of firms provide such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing transaction software to bill your customers. You can then offer domain names and shared web hosting plans to customers, and since they offer many diverse domain name extensions, you will be able to offer domain and hosting services to customers from all over the world.