Domain name reseller
The World Wide Web is an ever-growing platform that delivers new options to gain money online. One of these possibilities is to become a domain name reseller and offer domains to end customers, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently active domain names, so this is a flourishing business niche that you can be a part of.
TLDs and SLDs
A domain involves 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of 2-letter abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each particular top-level domain name may have, among them the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact sell the domain name to customers and handle all domain resource records.
Make Cash From Selling Domain Names
Lots of Registrars have reseller programs that permit individuals to make profit from offering domain names to end users. If you sign up for such a program, you can begin your very own personal online business. Typically, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can contact more persons in regions or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domains Under Your Own Personal Brand Name
When you register with a domain name reseller program, you will acquire a site hosting CP where you can fix the prices for the specific top-level domain names that the Registrar provides. Most corporations also provide invoicing software and site layouts for your online storefront, and the automation of the entire process together with the enormous demand for domains render the domain name reseller market niche so seductive. You will either have a ready-for-use site and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own site and form for placing orders. Typically, you have the option to pick between the 2 options, so it all depends on how trained you are in these things. As a domain reseller, you will do business under your very own trademark name and not on behalf of the Registrar's brand.
Make Revenue From Offering Web Page Hosting Packages Too
A suitable supplement to your domain reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to people who want to have their site and demand both a domain and a webspace hosting plan. Some firms have such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing software to charge your clients. You can then offer TLDs and shared web hosting accounts to customers, and since they provide many different domain extensions, you will be able to provide domain name and hosting services to persons from all around the world.