Domain name reseller
The Internet is an ever-developing platform that delivers new ways to gain money on the Web. One of these possibilities is to become a domain name reseller and sell domain names to end clients, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is a blossoming trading niche that you can be engaged in.
TLDs and SLDs
A domain name is composed of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs comprise two-character abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and sets the requirements that each given TLD may impose, including the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact sell the domain name to clients and handle all DNS resource records.
Make Money From Trading Domains
Many Registrars have reseller programs that enable people to gain cash from selling domains to end clients. If you sign up for such a program, you can launch your own personal Internet business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more persons in regional districts or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Sell Top-Level Domain Names Under Your Personal Brand Name
When you register with a domain reseller program, you will receive a site hosting CP where you can fix the prices for the different TLDs that the Registrar provides. Most corporations also provide billing management software and design templates for your virtual shop, and the automation of the whole procedure coupled with the flourishing demand for domains make the domain name reseller business niche so desirable. You will either receive a pre-built website and utilize 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 own web page and form for placing orders. Traditionally, you have the option to decide between the 2 alternatives, so it all depends on how trained you are in these affairs. As a domain reseller, you will sell on behalf of your very own personal brand name and not on behalf of the Registrar's brand.
Gain Money From Promoting Webspace Hosting Services As Well
An adequate addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to individuals who desire to launch their website and need both a domain and a web page hosting account. Certain companies provide such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free billing transaction software to charge your customers. You can then offer domain names and shared web hosting plans to customers, and since they provide many different domain name extensions, you will be able to offer domain and hosting services to people from all around the world.