Domain reseller
The Internet is an ever-enlarging network that generates new opportunities to gain money on the Web. One of these options is to be a domain reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently active domain names, so this is a thriving business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain includes 2 entities - 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 Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs consist of two-character 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 gTLD or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and sets the requirements that each given Top-Level Domain may involve, including the length of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact offer the domain name to clients and handle all domain resource records.
Gain Cash From Reselling Domains
Numerous Registrars have reseller programs that enable individuals to gain cash from offering domains to end users. If you register with such a program, you can commence your own personal electronic business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more clients in areas or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domains Under Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will have a web hosting CP where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most firms also offer invoicing transaction software and web templates for your web store, and the automation of the entire procedure together with the vast demand for domain names make the domain name reseller industry so tempting. You will either have a ready-made site and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own web portal and order form. Usually, you have the option to pick between the 2 alternatives, so it all depends on how practiced you are in these affairs. As a domain reseller, you will sell under your very own brand name and not on behalf of the Registrar's.
Gain Money From Offering Site Hosting Packages Too
A good supplement to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to users who would like to build their online portal and demand both a domain name and a hosting package. Some firms have such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice management software to bill your customers. You can then sell top-level domain names and shared hosting packages to clients, and since they offer lots of diverse domain extensions, you will be able to provide domain name and hosting services to clients from all over the world.