Domain reseller
The Internet is an ever-expanding community that supplies new possibilities to make money on the Web. One of these options is to become a domain name reseller and sell domain names to end users, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are millions of currently functioning domain names, so this is a flourishing trading niche that you can be involved in.
TLDs and SLDs
A domain name is made of 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of 2-character abbreviations that stand for 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 gTLD or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and determines the requirements that each specific TLD may contain, such as the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and handle all domain resource records.
Make Profit From Reselling Domain Names
A lot of Registrars have reseller programs that enable individuals to make cash from offering domains to end clients. If you register with such a program, you can start your own Internet business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can contact more people in local districts or states where the Registrar may not be popular whatsoever. 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.
Resell Top-Level Domain Names Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will get a web space hosting CP where you can select the prices for the various top-level domain names that the Registrar offers. Most firms also provide invoicing transaction software and layouts for your virtual store, and the automation of the entire process together with the large demand for domains render the domain name reseller market niche so desirable. You will either receive a pre-made website and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal website and form for placing orders. Commonly, you have the opportunity to choose between the 2 options, so it all revolves around how expert you are in these affairs. As a domain reseller, you will work under your very own personal trademark name and not on behalf of the Registrar's brand.
Make Cash From Providing Webspace Hosting Solutions As Well
A suitable addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to customers who would like to have their website and need both a domain and a web page hosting account. Some companies furnish such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice management software to bill your customers. You can then offer Top-Level Domains and shared web hosting accounts to customers, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to persons from all over the globe.