Domain reseller
The Internet is an ever-developing platform that generates new possibilities to earn cash on the Internet. One of them is to become a domain reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price 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 flowering trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain comprises two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that handles the registrations and sets the preconditions that each concrete TLD may include, like the length of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually sell the domain name to customers and handle all DNS resource records.
Earn Revenue From Offering Domains
A lot of Registrars have reseller programs that allow people to make cash from offering domains to end customers. If you subscribe to such a program, you can begin your own e-business. Usually, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can contact more people in local communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade Domains On Behalf Of Your Very Own Personal Brand
When you register with a domain reseller program, you will have a web hosting Control Panel where you can determine the prices for the various TLDs that the Registrar offers. Most corporations also provide billing management software and site templates for your web storefront, and the automation of the entire procedure combined with the significant demand for domain names render the domain name reseller market so tempting. You will either acquire a pre-built site and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own site and order form. Generally, you have the opportunity to choose between the two possibilities, so it all depends on how expert you are in these things. As a domain reseller, you will work under your own brand name and not under the Registrar's.
Earn Revenue From Trading Web Hosting Accounts Too
A good supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to customers who want to establish their web page and require both a domain and a webspace hosting plan. Certain corporations have such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing transaction software to bill your clients. You can then offer TLDs and shared hosting packages to clients, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to clients from all around the globe.