Domain name reseller
The World Wide Web is an ever-growing platform that generates new opportunities to earn money online. One of these possibilities is to be a domain name reseller and offer domain names to end users, making revenue 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 functioning domains, so this is a thriving trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name is made of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (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 top-level domain names include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of two-character abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the requirements that each particular top-level domain name may include, such as the length of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all domain name resource records.
Gain Profit From Trading Domains
Lots of Registrars have reseller programs that allow individuals to gain revenue from offering domains to end users. If you register with such a program, you can initiate your own personal Internet business. Usually, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can reach more persons in areas or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will 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 Domain Names On Behalf Of Your Own Trademark Name
When you sign up for a domain name reseller program, you will obtain a webspace hosting CP where you can fix the prices for the various top-level domain names that the Registrar offers. Most firms also offer billing software and web page themes for your web shop, and the automation of the entire procedure combined with the large demand for domains render the domain reseller business niche so desirable. You will either get a ready-made site and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web page and order form. Typically, you have the opportunity to choose between the 2 possibilities, so it all revolves around how skilled you are in these matters. As a domain reseller, you will work on behalf of your own personal brand name and not under the Registrar's.
Make Money From Supplying Web Space Hosting Services Too
An appropriate supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to clients who would like to create their online portal and need both a domain and a web page hosting plan. A few companies furnish such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free billing transaction software to bill your clients. You can then sell TLDs and shared web hosting accounts to customers, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to clients from all around the globe.