Domain reseller
The World Wide Web is an ever-increasing community that delivers new options to make money on the Internet. One of these possibilities is to be a domain name reseller and offer domains to end users, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's 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 involved in.
Top-Level and Second-Level Domains
A domain name consists of 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most common domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs include two-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that deals with the registrations and determines the preconditions that each concrete Top-Level Domain may involve, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually offer the domain name to customers and administer all domain resource records.
Make Money From Selling Domain Names
Many Registrars have reseller programs that enable individuals to make cash from offering domains to end customers. If you sign up for such a program, you can launch your very own web business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can contact more individuals in regional communities 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 revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer Domain Names On Behalf Of Your Very Own Brand
When you sign up for a domain reseller program, you will acquire a CP where you can determine the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide invoice software and website themes for your virtual store, and the automation of the whole procedure together with the increasing demand for domain names make the domain name reseller industry so tempting. You will either acquire a pre-built web site and avail of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own portal and form for placing orders. Generally, you have the option to select between the two options, so it all revolves around how expert you are in these issues. As a domain name reseller, you will do business on behalf of your very own brand name and not on behalf of the Registrar's brand.
Make Money From Trading Hosting Solutions Too
A reasonable addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to people who want to run their web portal and demand both a domain name and a hosting account. Some corporations provide such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing transaction software to charge your clients. You can then offer top-level domain names and shared web hosting packages to customers, and since they offer a lot of different domain extensions, you will be able to provide domain and hosting services to clients from all around the world.