Domain reseller
The Internet is an ever-growing platform that offers new ways to make money online. One of these options is to become a domain name reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is an increasing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain includes 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include two-character abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that manages the registrations and determines the prerequisites that each specific top-level domain name may contain, like the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually sell the domain name to customers and manage all DNS records.
Make Money From Selling Domains
Numerous Registrars have reseller programs that enable people to earn cash from selling domains to end users. If you subscribe to such a program, you can begin your own online business. Usually, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can contact more customers in areas or countries where the Registrar may not be famous whatsoever. 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 customer pays and the one that the Registrar requires for the domain name registration.
Offer Top-Level Domain Names Under Your Very Own Personal Trademark Name
When you sign up for a domain name reseller program, you will receive a web page hosting Control Panel where you can fix the prices for the various Top-Level Domains that the Registrar offers. Most firms also offer invoice transaction software and web site layouts for your virtual store, and the automation of the whole process combined with the large demand for domain names render the domain name reseller business so tempting. You will either acquire a ready-for-use website and utilize the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web portal and order form. Normally, you have the opportunity to choose between the 2 options, so it all depends on how advanced you are in these issues. As a domain reseller, you will sell under your own brand and not under the Registrar's brand.
Earn Revenue From Reselling Web Hosting Accounts As Well
A nice supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to users who wish to set up their web portal and demand both a domain and a site hosting package. A few firms 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-of-charge billing software to bill your customers. You can then sell domains and shared web hosting accounts to customers, and since they offer plenty of different domain extensions, you will be able to provide domain name and hosting services to customers from all around the world.