Domain reseller
The Internet is an ever-enlarging platform that furnishes new ways to earn money online. One of them is to become a domain name reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domains, so this is an increasing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name is composed of 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain 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 generic TLDs include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include two-letter abbreviations that denote 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 one, has a Registry - an institution that deals with the registrations and sets the prerequisites that each specific Top-Level Domain may include, 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 companies that in fact offer the domain name to customers and handle all DNS records.
Make Cash From Offering Domains
Many Registrars have reseller programs that permit people to gain money from offering domain names to end clients. If you subscribe to such a program, you can initiate your own web business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can reach more users in provinces or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Resell TLDs Under Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will get a website hosting CP where you can settle the prices for the different Top-Level Domains that the Registrar offers. Most companies also provide invoice transaction software and web design themes for your virtual store, and the automation of the entire procedure coupled with the immense demand for domain names make the domain reseller market so tempting. You will either receive a pre-built site 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 build your very own web portal and order form. Normally, you have the opportunity to select between the two possibilities, so it all depends on how advanced you are in these things. As a domain reseller, you will work under your own brand and not under the Registrar's brand.
Gain Money From Providing Website Hosting Accounts As Well
A suitable supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to people who would like to run their web portal and need both a domain name and a website hosting account. Certain firms provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice transaction software to charge your clients. You can then sell top-level domain names and shared website hosting plans to customers, and since they provide a lot of different domain extensions, you will be able to provide domain name and hosting services to people from all over the world.