Domain reseller
The World Wide Web is an ever-flourishing network that generates new ways to make cash online. One of these options is to be a domain reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domains, so this is a developing 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 (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-letter abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that manages the registrations and sets the requirements that each particular Top-Level Domain may have, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to clients and administer all DNS resource records.
Make Revenue From Selling Domains
Multiple Registrars have reseller programs that allow individuals to gain money from offering domains to end clients. If you register with such a program, you can start your own personal electronic business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can contact more users in regions or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Own Brand
When you subscribe to a domain name reseller program, you will obtain a web hosting Control Panel where you can set the prices for the individual Top-Level Domains that the Registrar offers. Most companies also offer invoicing software and site themes for your virtual storefront, and the automation of the entire process coupled with the huge demand for domain names make the domain reseller market niche so desirable. You will either obtain a ready-to-use website and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own online portal and form for placing orders. Commonly, you have the option to pick between the 2 alternatives, so it all revolves around how proficient you are in these issues. As a domain name reseller, you will sell on behalf of your very own personal trademark name and not on behalf of the Registrar's.
Make Revenue From Providing Site Hosting Services As Well
A reasonable addition to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to customers who wish to develop their web portal and require both a domain name and a web hosting plan. Some companies offer such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to bill your customers. You can then sell domains and shared website hosting accounts to customers, and since they offer a lot of diverse domain name extensions, you will be able to provide domain and hosting services to users from all around the world.