Domain name reseller
The Internet is an ever-flourishing platform that provides new possibilities to earn money online. One of these options is to be a domain reseller and offer domains to end customers, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of currently functioning domain names, so this is an expanding marketing niche that you can be engaged in.
TLDs and SLDs
A domain comprises two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-character abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that manages the registrations and sets the prerequisites that each particular Top-Level Domain may include, like the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact sell the domain name to clients and handle all domain records.
Earn Profit From Trading Domain Names
Plenty of Registrars have reseller programs that allow people to make money from selling domains to end clients. If you subscribe to such a program, you can build your own web business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can reach more clients in regions or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Offer TLDs Under Your Very Own Brand Name
When you sign up for a domain name reseller program, you will obtain a webspace hosting CP where you can fix the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also provide invoice software and web site templates for your online shop, and the automation of the whole process coupled with the great demand for domain names make the domain name reseller industry so desirable. You will either have a ready-for-use web site and make use of 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 personal online portal and order form. Usually, you have the opportunity to decide between the 2 alternatives, so it all depends on how expert you are in these affairs. As a domain reseller, you will operate under your very own trademark name and not on behalf of the Registrar's.
Make Profit From Trading Web Space Hosting Services Too
A reasonable addition to your domain reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to customers who want to manage their web portal and demand both a domain name and a website hosting plan. A number of firms provide such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing transaction software to charge your customers. You can then sell TLDs and shared website hosting accounts to customers, and since they offer plenty of different domain name extensions, you will be able to offer domain and hosting services to persons from all around the world.