Domain reseller
The Internet is an ever-expanding platform that offers new ways to make money online. One of these possibilities is to become a domain name reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is a flowering marketing niche that you can be engaged in.
TLDs and SLDs
A domain consists of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain two-letter abbreviations that stand for 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 ccTLD, has a Registry - an institution that administers the registrations and sets the prerequisites that each given Top-Level Domain may have, like the length of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually offer the domain name to clients and manage all domain name resource records.
Earn Money From Selling Domains
Lots of Registrars have reseller programs that allow individuals to make revenue from offering domains to end clients. If you register with such a program, you can begin your very own web business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can contact more individuals in regional districts or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will make a 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 name registration.
Trade Domain Names Under Your Own Personal Brand Name
When you sign up for a domain reseller program, you will have a Control Panel where you can select the prices for the individual Top-Level Domains that the Registrar offers. Most companies also offer billing software and layouts for your virtual store, and the automation of the whole process together with the significant demand for domains render the domain reseller market so attractive. You will either acquire a pre-built site and make use of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal web site and form for placing orders. Normally, you have the opportunity to select between the 2 alternatives, so it all depends on how experienced you are in these issues. As a domain name reseller, you will sell under your very own trademark name and not under the Registrar's brand.
Make Revenue From Trading Webspace Hosting Services Too
A proper supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to individuals who desire to build their site and demand both a domain and a web page hosting plan. A few companies provide such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice management software to bill your clients. You can then sell Top-Level Domains and shared hosting plans to customers, and since they provide many different domain extensions, you will be able to provide domain and hosting services to users from all over the world.