Domain reseller
The Internet is an ever-expanding system that delivers new ways to make money online. One of them is to be a domain name reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are millions of presently active domains, so this is an enlarging business niche that you can become involved in.
TLDs and SLDs
A domain involves two parts - a Top-Level Domain (TLD) and a Second-Level Domain (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 top-level domain names can be generic or country code. The generic Top-Level Domains include the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of two-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and determines the preconditions that each given Top-Level Domain may impose, like the duration of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and manage all domain resource records.
Earn Profit From Reselling Domain Names
Multiple Registrars have reseller programs that permit people to earn money from offering domains to end users. If you register with such a program, you can launch your very own personal e-business. Generally, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can reach more users in provinces or states where the Registrar may not be known at all. This implies 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 user pays and the one that the Registrar charges for the domain name registration.
Offer Domains Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will obtain a web page hosting CP where you can select the prices for the various top-level domain names that the Registrar offers. Most companies also offer invoicing transaction software and web themes for your online storefront, and the automation of the whole procedure together with the enormous demand for domains render the domain reseller market niche so seductive. You will either have a ready-made website and make use of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal web site and form for placing orders. Traditionally, you have the opportunity to select between the two possibilities, so it all depends on how practiced you are in these issues. As a domain name reseller, you will do business on behalf of your own brand name and not under the Registrar's.
Make Revenue From Reselling Website Hosting Solutions As Well
An appropriate addition to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to users who wish to create their online portal and require both a domain name and a webspace hosting package. Certain companies provide such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing software to charge your customers. You can then sell top-level domain names and shared website hosting plans to clients, and since they offer plenty of diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the globe.