Domain reseller
The World Wide Web is an ever-enlarging network that supplies new opportunities to gain cash on the Web. One of these opportunities is to become a domain reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of presently active domains, so this is a growing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name includes two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs include two-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and determines the prerequisites that each given Top-Level Domain may include, such as the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to customers and administer all domain name records.
Make Profit From Offering Domains
Numerous Registrars have reseller programs that allow people to earn profit from offering domains to end clients. If you sign up for such a program, you can commence your very own electronic business. As a rule, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can contact more individuals in local regions or states where the Registrar may not be famous whatsoever. 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 imposes for the domain registration.
Sell Domain Names On Behalf Of Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will obtain a web site hosting CP where you can set the prices for the various TLDs that the Registrar offers. Most firms also provide invoice software and design templates for your online storefront, and the automation of the whole procedure together with the vast demand for domain names render the domain reseller market niche so seductive. You will either get a pre-developed website and avail of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal portal and form for placing orders. Normally, you have the option to select between the two options, so it all depends on how proficient you are in these matters. As a domain name reseller, you will do business under your own trademark name and not on behalf of the Registrar's brand.
Make Money From Providing Hosting Accounts As Well
A suitable supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to clients who want to set up their web portal and demand both a domain name and a web site hosting account. Certain firms have such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing software to bill your customers. You can then offer domain names and shared web hosting plans to customers, and since they provide many different domain extensions, you will be able to provide domain and hosting services to customers from all around the world.