Domain reseller
The World Wide Web is an ever-expanding system that delivers new ways to gain money on the Internet. One of these opportunities is to be a domain name reseller and sell domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a flourishing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain is made of 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name 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 top-level domain names include the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs involve 2-character abbreviations that denote each country. Examples 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 Top-Level Domain or a country-code one, has a Registry - an institution that handles the registrations and determines the prerequisites that each concrete TLD may impose, among them the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to clients and administer all domain name resource records.
Gain Cash From Offering Domains
Plenty of Registrars have reseller programs that permit individuals to earn profit from offering domain names to end clients. If you sign up for such a program, you can build your very own personal online business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can reach more users in areas or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Sell Domain Names Under Your Very Own Brand
When you register with a domain name reseller program, you will have a hosting Control Panel where you can determine the prices for the individual TLDs that the Registrar offers. Most companies also offer billing transaction software and templates for your web store, and the automation of the entire procedure coupled with the flourishing demand for domains render the domain name reseller market so attractive. You will either have a ready-for-use web 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 make your very own personal portal and order form. Generally, you have the option to pick between the 2 options, so it all revolves around how skillful you are in these matters. As a domain reseller, you will do business on behalf of your very own personal brand name and not under the Registrar's brand.
Gain Revenue From Trading Webspace Hosting Accounts As Well
A relevant addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to clients who would like to create their web portal and require both a domain name and a site hosting account. Some corporations provide such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing software to bill your customers. You can then sell TLDs and shared web hosting plans to clients, and since they provide a lot of different domain name extensions, you will be able to provide domain and hosting services to people from all over the globe.