Domain reseller
The Internet is an ever-increasing system that supplies new options to gain cash online. One of these possibilities is to become a domain name reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of presently functioning domain names, so this is a flourishing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name consists of 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain 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, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that handles the registrations and determines the preconditions that each concrete TLD may have, among them the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to customers and manage all DNS resource records.
Gain Revenue From Selling Domain Names
A lot of Registrars have reseller programs that enable individuals to gain cash from selling domains to end customers. If you sign up for such a program, you can establish your own web business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can contact more persons in local communities or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Trade TLDs Under Your Very Own Personal Brand Name
When you sign up for a domain reseller program, you will receive a CP where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also offer billing transaction software and layouts for your web store, and the automation of the entire procedure combined with the significant demand for domains render the domain name reseller market niche so seductive. You will either obtain a pre-developed web site and utilize the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own web site and order form. Typically, you have the option to select between the two options, so it all depends on how proficient you are in these issues. As a domain reseller, you will sell under your very own brand name and not under the Registrar's brand.
Make Money From Selling Web Hosting Solutions Too
An appropriate supplement to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to persons who wish to develop their web portal and need both a domain and a web space hosting package. Particular firms have such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice transaction software to charge your customers. You can then offer top-level domain names and shared website hosting accounts to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to users from all around the globe.