Domain reseller
The Internet is an ever-developing network that furnishes new options to gain money on the Internet. One of these possibilities is to become a domain name reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a blooming trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain contains two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of 2-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an organization that handles the registrations and sets the prerequisites that each specific Top-Level Domain may impose, including the duration of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually sell the domain name to clients and manage all DNS records.
Make Money From Trading Domains
Lots of Registrars have reseller programs that permit individuals to make revenue from selling domains to end users. If you sign up for such a program, you can begin your very own personal Internet business. Usually, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can contact more people in regional districts or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Sell Top-Level Domain Names On Behalf Of Your Personal Brand Name
When you subscribe to a domain name reseller program, you will obtain a website hosting Control Panel where you can determine the prices for the different TLDs that the Registrar provides. Most companies also offer invoicing transaction software and web design skins for your web shop, and the automation of the whole process combined with the huge demand for domain names render the domain name reseller business niche so desirable. You will either receive a ready-made web site and make use of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own website and order form. Commonly, you have the option to pick between the 2 options, so it all depends on how proficient you are in these affairs. As a domain reseller, you will sell on behalf of your very own trademark name and not on behalf of the Registrar's brand.
Gain Money From Trading Web Hosting Accounts As Well
A nice addition to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to persons who wish to build their web site and demand both a domain name and a web page hosting plan. Particular companies furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice management software to charge your customers. You can then sell top-level domain names and shared hosting accounts to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to persons from all over the world.