Domain name reseller
The Internet is an ever-increasing network that supplies new possibilities to make money online. One of these ways is to become a domain reseller and offer domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are millions of presently active domains, so this is a thriving business niche that you can become engaged in.
TLDs and SLDs
A domain is composed of 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-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 TLD, has a Registry - an institution that deals with the registrations and sets the preconditions that each particular top-level domain name may contain, such as the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact offer the domain name to clients and handle all domain records.
Make Profit From Reselling Domains
Numerous Registrars have reseller programs that allow individuals to gain money from offering domains to end users. If you sign up for such a program, you can commence your very own personal online business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can contact more clients in local communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Resell Domains On Behalf Of Your Personal Brand
When you sign up for a domain name reseller program, you will receive a website hosting Control Panel where you can choose the prices for the different Top-Level Domains that the Registrar provides. Most companies also offer invoice software and web design skins for your web store, and the automation of the whole process coupled with the swelling demand for domains make the domain reseller business niche so attractive. You will either acquire a ready-for-use site and avail of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal web site and form for placing orders. Typically, you have the option to pick between the 2 options, so it all depends on how trained you are in these matters. As a domain reseller, you will operate under your very own brand name and not under the Registrar's.
Earn Revenue From Providing Website Hosting Plans As Well
A nice addition to your domain reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to people who want to set up their site and require both a domain and a hosting package. Certain corporations provide such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free billing software to bill your clients. You can then sell TLDs and shared web hosting accounts to customers, and since they offer plenty of diverse domain extensions, you will be able to provide domain and hosting services to people from all over the globe.