Domain reseller
The World Wide Web is an ever-expanding system that delivers new options to make money on the Web. One of these opportunities is to be a domain reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domains, so this is an enlarging business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain is made of two pieces - a Top-Level Domain (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.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve 2-letter abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and sets the prerequisites that each specific Top-Level Domain may entail, among them the length of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and manage all DNS records.
Make Cash From Offering Domains
Lots of Registrars have reseller programs that permit individuals to make revenue from selling domain names to end clients. If you sign up for such a program, you can kick off your own personal web business. Typically, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can reach more customers in local regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Sell Domain Names Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will get a web page hosting CP where you can choose the prices for the different Top-Level Domains that the Registrar provides. Most companies also provide billing software and templates for your web shop, and the automation of the whole process coupled with the vast demand for domain names render the domain name reseller business niche so tempting. You will either acquire a pre-made website and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web portal and order form. Generally, you have the opportunity to select between the two possibilities, so it all depends on how expert you are in these things. As a domain reseller, you will work on behalf of your very own brand name and not under the Registrar's.
Earn Profit From Supplying Web Hosting Plans Too
An excellent supplement to your domain name reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to people who want to make their web page and demand both a domain name and a web space hosting package. Some companies provide such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice management software to charge your clients. You can then offer domains and shared website hosting packages to customers, and since they provide a lot of diverse domain name extensions, you will be able to provide domain and hosting services to users from all over the world.