Domain name reseller
The World Wide Web is an ever-developing network that furnishes new options to earn money online. One of these ways is to be a domain name reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are millions of currently active domains, so this is a blooming trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is composed of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the prerequisites that each specific top-level domain name may have, such as the length of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain name records.
Gain Revenue From Trading Domains
Many Registrars have reseller programs that allow people to make money from selling domain names to end users. If you sign up for such a program, you can set up your own personal e-business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more customers 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 earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Resell Domains On Behalf Of Your Very Own Brand
When you register with a domain reseller program, you will have a website hosting CP where you can determine the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also provide billing management software and themes for your virtual store, and the automation of the whole procedure together with the strong demand for domain names render the domain name reseller market niche so alluring. You will either receive a pre-developed website and utilize the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own online portal and order form. Typically, you have the option to decide between the two options, so it all revolves around how skillful you are in these affairs. As a domain reseller, you will work under your very own trademark name and not on behalf of the Registrar's brand.
Earn Money From Reselling Site Hosting Packages As Well
A relevant addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to people who would like to establish their online portal and demand both a domain and a webspace hosting account. Some firms offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing management software to charge your clients. You can then sell domains and shared web hosting accounts to customers, and since they provide lots of different domain name extensions, you will be able to provide domain and hosting services to people from all around the world.