Domain reseller
The World Wide Web is an ever-increasing community that furnishes new options to gain cash on the Web. One of these ways is to become a domain name reseller and sell domain names to end users, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domain names, so this is an increasing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain comprises 2 pieces - 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 name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs comprise 2-letter abbreviations that signify 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 or a ccTLD, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each specific TLD may involve, like the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain records.
Make Money From Offering Domains
Many Registrars have reseller programs that allow individuals to make money from offering domains to end clients. If you subscribe to such a program, you can commence your very own electronic business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can reach more persons in local districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Offer Domain Names Under Your Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a webspace hosting CP where you can fix the prices for the specific top-level domain names that the Registrar provides. Most firms also offer billing management software and website themes for your online store, and the automation of the whole procedure together with the great demand for domain names make the domain name reseller market niche so attractive. You will either acquire a ready-made site and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own website and order form. Traditionally, you have the opportunity to pick between the two possibilities, so it all depends on how trained you are in these issues. As a domain reseller, you will operate under your very own trademark name and not under the Registrar's.
Gain Revenue From Selling Webspace Hosting Services Too
A good supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to individuals who want to create their site and need both a domain and a web hosting account. Certain companies provide such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice management software to charge your clients. You can then offer domains and shared website hosting packages to customers, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to customers from all over the world.