Domain reseller
The Internet is an ever-growing community that offers new ways to gain money on the Internet. One of these opportunities is to be a domain reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a flourishing business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain consists of two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of 2-character abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that manages the registrations and determines the prerequisites that each given top-level domain name may involve, like the duration of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to customers and handle all DNS records.
Gain Money From Selling Domain Names
Many Registrars have reseller programs that enable people to earn money from offering domain names to end clients. If you subscribe to such a program, you can start your very own personal web business. Normally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more persons in local regions or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell Top-Level Domains Under Your Own Trademark Name
When you sign up for a domain name reseller program, you will acquire a site hosting CP where you can choose the prices for the various Top-Level Domains that the Registrar offers. Most companies also offer billing transaction software and design templates for your web shop, and the automation of the entire procedure coupled with the significant demand for domains render the domain name reseller business niche so attractive. You will either have a turn-key web site and use the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal portal and order form. Typically, you have the opportunity to choose between the 2 alternatives, so it all depends on how practiced you are in these affairs. As a domain name reseller, you will sell under your very own trademark name and not under the Registrar's brand.
Earn Revenue From Providing Website Hosting Accounts Too
An adequate addition to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to users who would like to have their web site and require both a domain name and a web page hosting account. Certain firms have such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing software to bill your customers. You can then offer TLDs and shared hosting accounts to clients, and since they provide a lot of different domain extensions, you will be able to offer domain name and hosting services to persons from all over the world.