Domain reseller
The Internet is an ever-expanding community that supplies new ways to earn money on the Internet. One of these opportunities is to become a domain name reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are millions of presently functioning domain names, so this is a blossoming marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name consists of two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise two-character abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an institution that deals with the registrations and determines the requirements that each specific Top-Level Domain may contain, like the length of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to clients and administer all domain name records.
Gain Profit From Selling Domain Names
Multiple Registrars have reseller programs that allow people to earn money from selling domains to end clients. If you sign up for such a program, you can set up your own web business. Normally, 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 user. The cause is that resellers can contact more clients in regional districts or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will make a 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.
Resell Top-Level Domain Names On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will obtain a site hosting Control Panel where you can select the prices for the separate top-level domain names that the Registrar provides. Most corporations also offer billing software and site layouts for your virtual store, and the automation of the whole process together with the immense demand for domains make the domain reseller business so desirable. You will either have a pre-developed website and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal online portal and form for placing orders. Typically, you have the option to select between the 2 alternatives, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will sell on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Make Money From Selling Site Hosting Accounts Too
A good supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to individuals who would like to have their online portal and require both a domain name and a web page hosting plan. Some firms provide such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice software to charge your clients. You can then sell top-level domain names and shared website hosting plans to clients, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all around the world.