Domain reseller
The World Wide Web is an ever-expanding platform that furnishes new opportunities to earn money on the Internet. One of them is to be a domain name reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently active domains, so this is an increasing trading niche that you can be involved in.
TLDs and SLDs
A domain name is made of 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an institution that administers the registrations and determines the prerequisites that each concrete TLD may involve, such as the length of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to clients and manage all DNS resource records.
Gain Money From Reselling Domains
Numerous Registrars have reseller programs that allow individuals to gain cash from selling domains to end clients. If you register with such a program, you can kickstart your very own personal Internet business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can reach more clients in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Very Own Brand Name
When you subscribe to a domain reseller program, you will receive a webspace hosting Control Panel where you can choose the prices for the specific Top-Level Domains that the Registrar offers. Most firms also provide invoicing software and templates for your online storefront, and the automation of the whole process coupled with the swelling demand for domain names render the domain name reseller industry so alluring. You will either receive a ready-for-use website and use the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own site and form for placing orders. Generally, you have the opportunity to choose between the 2 options, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will operate under your personal brand and not under the Registrar's.
Gain Cash From Selling Web Space Hosting Services Too
An adequate addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to users who desire to build their web portal and need both a domain and a web space hosting package. Given corporations offer such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice transaction software to bill your clients. You can then offer top-level domain names and shared web hosting plans to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to individuals from all over the world.