Domain reseller
The Internet is an ever-growing platform that supplies new possibilities to make money on the Internet. One of these ways is to be a domain reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is a developing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name comprises two components - a Top-Level Domain (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 Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain 2-letter abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each given top-level domain name may contain, such as the duration of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to clients and handle all DNS records.
Gain Cash From Selling Domain Names
A lot of Registrars have reseller programs that enable individuals to make revenue from offering domains to end users. If you sign up for such a program, you can launch your very own personal web business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more people in regional communities or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Resell Domain Names Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will have a web hosting Control Panel where you can set the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide billing management software and website templates for your online storefront, and the automation of the whole procedure coupled with the considerable demand for domain names make the domain reseller business so tempting. You will either receive a ready-made website and avail of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal web site and order form. Usually, you have the opportunity to pick between the 2 options, so it all depends on how expert you are in these issues. As a domain reseller, you will operate on behalf of your very own brand name and not under the Registrar's brand.
Gain Cash From Promoting Web Hosting Solutions Too
A reasonable addition to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to individuals who desire to build their site and need both a domain name and a web site hosting plan. A number of companies 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 name reseller account and cost-free invoice software to bill your customers. You can then offer domain names and shared hosting accounts to customers, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to clients from all around the globe.