Domain reseller
The Internet is an ever-expanding platform that generates new possibilities to make cash on the Internet. One of these ways is to be a domain name reseller and sell domains to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently active domains, so this is an enlarging business niche that you can be a part of.
TLDs and SLDs
A domain comprises 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-character abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that manages the registrations and sets the requirements that each concrete TLD may contain, 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 customers and handle all domain name records.
Earn Revenue From Reselling Domain Names
Many Registrars have reseller programs that enable individuals to earn profit from selling domain names to end users. If you register with such a program, you can begin your own Internet business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more clients in provinces or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer Domains On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will receive a website hosting CP where you can choose the prices for the individual top-level domain names that the Registrar provides. Most corporations also offer invoicing software and web themes for your web storefront, and the automation of the whole process coupled with the enlarging demand for domains make the domain reseller business niche so attractive. You will either obtain a pre-developed web site and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal portal and order form. Usually, you have the option to pick between the 2 alternatives, so it all revolves around how advanced you are in these issues. As a domain name reseller, you will sell on behalf of your own trademark name and not on behalf of the Registrar's brand.
Gain Revenue From Supplying Web Page Hosting Plans As Well
A nice supplement to your domain name reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to customers who want to have their web page and require both a domain name and a web site hosting account. A few firms supply such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice transaction software to bill your clients. You can then sell top-level domain names and shared website hosting packages to clients, and since they offer plenty of different domain name extensions, you will be able to offer domain and hosting services to people from all over the globe.