Domain name reseller
The Internet is an ever-growing platform that supplies new opportunities to gain money online. One of them is to become a domain reseller and offer domains to end users, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is a blooming trading niche that you can be involved in.
TLDs and SLDs
A domain name contains 2 parts - 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 and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of two-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an organization that deals with the registrations and sets the requirements that each concrete Top-Level Domain may involve, including the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and handle all domain records.
Gain Money From Selling Domains
Numerous Registrars have reseller programs that enable individuals to gain revenue from offering domain names to end clients. If you sign up for such a program, you can establish your very own online business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can contact more customers in local regions or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will benefit 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 registration.
Offer Top-Level Domains On Behalf Of Your Own Personal Brand
When you subscribe to a domain reseller program, you will have a web hosting CP where you can set the prices for the separate top-level domain names that the Registrar provides. Most corporations also provide invoice management software and design skins for your online storefront, and the automation of the entire process together with the big demand for domains render the domain reseller market niche so tempting. You will either acquire a pre-made site and utilize the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own site and form for placing orders. Commonly, you have the option to choose between the 2 possibilities, 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.
Earn Profit From Supplying Web Site Hosting Packages As Well
A suitable supplement to your domain reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to users who want to manage their site and demand both a domain and a site hosting plan. A number of firms supply such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing management software to charge your clients. You can then sell TLDs and shared website hosting plans to clients, and since they offer plenty of diverse domain extensions, you will be able to offer domain and hosting services to individuals from all around the globe.