Domain reseller
The World Wide Web is an ever-expanding community that provides new possibilities to gain money on the Internet. One of these opportunities is to become a domain name reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of currently functioning domain names, so this is a blossoming business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain comprises two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs contain 2-letter abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and determines the prerequisites that each concrete top-level domain name may involve, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain records.
Make Profit From Selling Domain Names
Many Registrars have reseller programs that allow people to gain cash from selling domains to end customers. If you sign up for such a program, you can initiate your own personal electronic business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can reach more people in local regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Offer Domains Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will receive a CP where you can choose the prices for the different TLDs that the Registrar provides. Most firms also provide billing software and web page templates for your web storefront, and the automation of the entire process coupled with the rising demand for domains render the domain name reseller industry so tempting. You will either receive a ready-to-use web site and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own site and order form. Traditionally, you have the option to select between the 2 possibilities, so it all revolves around how proficient you are in these affairs. As a domain reseller, you will do business on behalf of your very own brand name and not on behalf of the Registrar's brand.
Earn Revenue From Providing Webspace Hosting Accounts Too
An adequate supplement to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to people who would like to build their web site and need both a domain and a web page hosting package. Given companies offer such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing transaction software to charge your customers. You can then offer top-level domain names and shared web hosting plans to customers, and since they provide many different domain name extensions, you will be able to offer domain name and hosting services to people from all over the globe.