Domain name reseller
The Internet is an ever-expanding community that offers new ways to gain money on the Internet. One of these possibilities is to become a domain name reseller and offer domains to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently active domains, so this is an expanding trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain involves 2 components - a Top-Level Domain (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 Domains
The top-level domain names can be generic or country code. The gTLDs comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code TLD, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each concrete TLD may have, like the duration of the registration term 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 manage all DNS records.
Make Profit From Selling Domains
Lots of Registrars have reseller programs that enable people to make profit from offering domain names to end customers. If you register with such a program, you can build your very own personal online business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can reach more clients in regional districts or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Offer Top-Level Domain Names Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will get a CP where you can set the prices for the individual TLDs that the Registrar offers. Most corporations also provide billing software and web page templates for your online shop, and the automation of the whole procedure combined with the vast demand for domains make the domain reseller market so seductive. You will either receive a turn-key site and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own web site and form for placing orders. Typically, you have the option to pick between the two possibilities, so it all depends on how skillful you are in these affairs. As a domain reseller, you will work under your personal brand name and not under the Registrar's.
Gain Cash From Reselling Web Hosting Services Too
A sensible supplement to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to people who wish to set up their online portal and require both a domain name and a hosting account. Particular companies have such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing transaction software to bill your clients. You can then offer Top-Level Domains and shared website hosting plans to clients, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to individuals from all over the globe.