Domain reseller
The Internet is an ever-developing platform that delivers new opportunities to gain cash on the Web. One of these options is to become a domain reseller and sell domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domain names, so this is a blooming business niche that you can be involved in.
TLDs and SLDs
A domain name consists of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains include the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of two-letter abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that administers the registrations and determines the requirements that each particular TLD may have, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to clients and handle all domain name records.
Earn Revenue From Offering Domain Names
A lot of Registrars have reseller programs that allow people to earn money from offering domain names to end users. If you register with such a program, you can launch your very own web business. Typically, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can reach more persons in local regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domains Under Your Very Own Personal Trademark Name
When you register with a domain name reseller program, you will obtain a hosting CP where you can fix the prices for the specific top-level domain names that the Registrar provides. Most companies also offer invoice management software and web site templates for your web shop, and the automation of the whole procedure together with the significant demand for domain names render the domain name reseller business so alluring. You will either have a turn-key website and make use of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal website and form for placing orders. Typically, you have the option to choose between the 2 alternatives, so it all depends on how practiced you are in these things. As a domain name reseller, you will work under your own brand and not under the Registrar's brand.
Make Profit From Reselling Webspace Hosting Plans Too
A relevant addition 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 persons who would like to build their website and demand both a domain name and a website hosting account. Some firms provide such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing management software to bill your clients. You can then sell top-level domain names and shared web hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to provide domain name and hosting services to individuals from all over the globe.