Domain name reseller
The Internet is an ever-growing system that supplies new ways to earn money online. One of these opportunities is to be a domain reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently active domain names, so this is a blooming trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain is made of 2 entities - 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 name 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 comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include 2-character abbreviations that signify each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and sets the preconditions that each given Top-Level Domain may contain, like the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain records.
Gain Money From Trading Domain Names
Lots of Registrars have reseller programs that permit people to earn money from offering domains to end customers. If you register with such a program, you can establish your very own web business. Usually, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can contact more persons in provinces or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domains Under Your Own Brand Name
When you register with a domain reseller program, you will get a CP where you can determine the prices for the individual TLDs that the Registrar provides. Most companies also provide invoice software and website skins for your virtual shop, and the automation of the whole procedure coupled with the enlarging demand for domain names make the domain name reseller industry so seductive. You will either get a pre-developed site and make use of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own website and form for placing orders. Commonly, you have the opportunity to choose between the two alternatives, so it all depends on how proficient you are in these things. As a domain name reseller, you will sell on behalf of your personal brand and not under the Registrar's brand.
Earn Money From Offering Hosting Packages As Well
A suitable supplement to your domain reseller business would be to sell web hosting services too. In this way, you can give a package deal to individuals who wish to build their online portal and demand both a domain and a web page hosting plan. A few firms have 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 reseller account and free-of-charge invoicing software to charge your customers. You can then offer top-level domain names and shared web hosting accounts to customers, and since they provide plenty of different domain name extensions, you will be able to provide domain name and hosting services to people from all over the world.