Domain reseller
The World Wide Web is an ever-developing system that generates new possibilities to earn money online. One of these opportunities is to become a domain reseller and sell domain names to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently active domains, so this is a thriving business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain includes two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are made of two-character abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a ccTLD, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each concrete Top-Level Domain may entail, including the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to clients and administer all domain resource records.
Earn Money From Offering Domains
Many Registrars have reseller programs that allow people to earn money from offering domain names to end clients. If you register with such a program, you can commence your own personal electronic business. Generally, 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 reason is that resellers can contact more persons in local regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Trade Domain Names Under Your Personal Brand
When you register with a domain name reseller program, you will receive a webspace hosting CP where you can settle the prices for the different top-level domain names that the Registrar provides. Most companies also provide billing software and website skins for your online shop, and the automation of the whole procedure combined with the expanding demand for domains render the domain reseller industry so attractive. You will either acquire a pre-made website and avail of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal site and order form. Typically, you have the opportunity to decide between the two possibilities, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will work under your personal brand name and not on behalf of the Registrar's brand.
Earn Cash From Offering Hosting Packages Too
A logical addition to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to clients who wish to run their web page and demand both a domain name and a web space hosting account. A few firms furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing software to charge your clients. You can then offer TLDs and shared website hosting accounts to customers, and since they provide plenty of diverse domain extensions, you will be able to offer domain and hosting services to people from all over the world.