Domain reseller
The World Wide Web is an ever-increasing platform that provides new possibilities to gain money on the Web. One of these possibilities is to be a domain reseller and offer domain names to end customers, gaining revenue from the difference between the wholesale and the retail price 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 developing business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain contains 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs include the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs involve 2-letter abbreviations that denote each country. Examples 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 ccTLD, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each concrete Top-Level Domain may have, among them the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually offer the domain name to customers and administer all domain name resource records.
Gain Profit From Reselling Domains
Numerous Registrars have reseller programs that permit people to earn profit from selling domain names to end customers. If you sign up for such a program, you can start your own personal electronic business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can reach more people in local regions or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will make 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.
Resell Top-Level Domain Names On Behalf Of Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will obtain a web page hosting CP where you can set the prices for the individual top-level domain names that the Registrar provides. Most firms also offer billing software and design layouts for your online store, and the automation of the whole process coupled with the significant demand for domain names render the domain reseller industry so attractive. You will either get a ready-to-use website and make use 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 personal online portal and order form. Commonly, you have the option to decide between the 2 possibilities, so it all depends on how skilled you are in these affairs. As a domain reseller, you will operate on behalf of your own brand and not on behalf of the Registrar's.
Make Cash From Providing Web Space Hosting Solutions Too
A reasonable addition to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to individuals who want to set up their web site and need both a domain and a web hosting package. Particular firms offer such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to bill your clients. You can then offer domains and shared web hosting plans to customers, and since they provide plenty of different domain name extensions, you will be able to provide domain and hosting services to individuals from all over the world.