Domain reseller
The Internet is an ever-increasing community that supplies new ways to earn money on the Internet. One of these ways is to become a domain name reseller and offer domains to end customers, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is an expanding business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain is composed of 2 pieces - a Top-Level Domain (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 SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-letter 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, whether it is a gTLD or a country-code TLD, has a Registry - an organization that handles the registrations and sets the prerequisites that each particular Top-Level Domain may have, among them the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to clients and manage all domain resource records.
Gain Profit From Reselling Domains
Multiple Registrars have reseller programs that permit people to gain profit from offering domains to end clients. If you subscribe to such a program, you can start your own personal electronic business. Usually, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can contact more clients in regions or countries where the Registrar may not be famous at all. This means 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 customer pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domain Names Under Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will receive a CP where you can determine the prices for the specific TLDs that the Registrar provides. Most firms also offer billing software and web design layouts for your online shop, and the automation of the whole procedure together with the swelling demand for domain names render the domain reseller market so alluring. You will either get a pre-developed site and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal web portal and order form. Usually, you have the opportunity to pick between the two options, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will do business on behalf of your own personal brand and not on behalf of the Registrar's brand.
Make Revenue From Trading Web Space Hosting Accounts Too
A nice supplement to your domain reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to customers who would like to make their website and require both a domain name and a website hosting account. A number of companies furnish such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing transaction software to bill your customers. You can then sell domain names and shared hosting accounts to clients, and since they offer lots of different domain name extensions, you will be able to provide domain and hosting services to users from all over the world.