Domain reseller
The Internet is an ever-enlarging network that provides new possibilities to make money on the Internet. One of these options is to become a domain reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of presently active domains, so this is an increasing business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain is composed of 2 components - 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 and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-letter abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that handles the registrations and sets the requirements that each particular TLD may include, including the duration of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually offer the domain name to clients and handle all domain resource records.
Gain Money From Offering Domains
Multiple Registrars have reseller programs that enable individuals to gain cash from offering domains to end clients. If you register with such a program, you can establish your very own personal Internet business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can reach more users in local communities or countries where the Registrar may not be famous at all. 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 client pays and the one that the Registrar imposes for the domain name registration.
Offer TLDs On Behalf Of Your Own Brand
When you sign up for a domain reseller program, you will acquire a web space hosting CP where you can settle the prices for the separate Top-Level Domains that the Registrar offers. Most companies also offer billing software and web themes for your web store, and the automation of the whole procedure combined with the expanding demand for domains render the domain reseller market niche so attractive. You will either acquire a pre-developed website and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal site and order form. Generally, you have the opportunity to decide between the two possibilities, so it all depends on how skilled you are in these issues. As a domain reseller, you will work under your very own personal brand name and not under the Registrar's.
Earn Revenue From Selling Web Site Hosting Plans As Well
A sensible addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to individuals who would like to make their online portal and require both a domain name and a web site hosting plan. Particular companies provide such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing transaction software to bill your clients. You can then sell domain names and shared website hosting accounts to clients, and since they offer plenty of different domain extensions, you will be able to provide domain and hosting services to clients from all around the world.