Domain name reseller
The Internet is an ever-increasing system that offers new opportunities to gain cash on the Web. One of these ways is to be a domain reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domain names, so this is a growing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain is made of 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names include the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-letter abbreviations that symbolize each country. Instances 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, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each given TLD may involve, including the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and manage all DNS records.
Earn Profit From Selling Domains
Plenty of Registrars have reseller programs that allow people to gain cash from offering domain names to end clients. If you subscribe to such a program, you can kickstart your own personal Internet business. Generally, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more customers in local regions or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell TLDs On Behalf Of Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will acquire a website hosting CP where you can determine the prices for the specific TLDs that the Registrar provides. Most companies also offer billing management software and web design templates for your online shop, and the automation of the entire process together with the increasing demand for domain names make the domain name reseller industry so tempting. You will either get a ready-to-use web site and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal web portal and form for placing orders. Usually, you have the opportunity to pick between the 2 options, so it all revolves around how proficient you are in these issues. As a domain name reseller, you will do business on behalf of your very own trademark name and not under the Registrar's brand.
Gain Money From Providing Web Space Hosting Services Too
A relevant addition to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to individuals who wish to build their web page and need both a domain and a site hosting package. Some firms offer such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing management software to bill your customers. You can then offer TLDs and shared web hosting accounts to customers, and since they provide lots of different domain name extensions, you will be able to provide domain and hosting services to customers from all around the world.