Domain reseller
The World Wide Web is an ever-flourishing network that provides new options to make money on the Internet. One of these possibilities is to be 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 and every day, and there are millions of currently functioning domains, so this is a growing trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name contains 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise two-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an organization that handles the registrations and sets the preconditions that each particular TLD may have, like the duration of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain records.
Gain Revenue From Selling Domain Names
Many Registrars have reseller programs that permit people to make money from offering domain names to end customers. If you subscribe to such a program, you can start your own electronic business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can contact more people in regional districts or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Sell Domains Under Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will obtain a web page hosting CP where you can set the prices for the separate TLDs that the Registrar provides. Most companies also offer billing management software and templates for your web shop, and the automation of the entire process together with the large demand for domain names make the domain reseller business niche so alluring. You will either acquire a ready-made website and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal site and form for placing orders. Usually, you have the option to decide between the 2 options, so it all depends on how skilled you are in these things. As a domain name reseller, you will do business on behalf of your own brand and not under the Registrar's.
Make Revenue From Selling Webspace Hosting Accounts As Well
An adequate addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to individuals who wish to build their site and need both a domain name and a webspace hosting plan. Particular corporations provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing management software to bill your clients. You can then sell Top-Level Domains and shared website hosting accounts to customers, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to persons from all around the globe.