Domain reseller
The Internet is an ever-flourishing community that generates new ways to earn money on the Internet. One of these opportunities is to become a domain name reseller and offer domain names to end users, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domains, so this is an increasing business niche that you can become engaged in.
TLDs and SLDs
A domain includes two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-letter abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that handles the registrations and sets the preconditions that each specific Top-Level Domain may involve, like 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 sell the domain name to customers and handle all DNS resource records.
Gain Profit From Reselling Domains
Numerous Registrars have reseller programs that enable people to earn cash from selling domains to end customers. If you sign up for such a program, you can build your own personal Internet business. Regularly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more customers in provinces or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Offer Domain Names Under Your Personal Trademark Name
When you register with a domain reseller program, you will receive a web space hosting Control Panel where you can select the prices for the separate Top-Level Domains that the Registrar offers. Most companies also provide invoice management software and web page layouts for your virtual storefront, and the automation of the entire process together with the increasing demand for domain names render the domain reseller business niche so attractive. You will either obtain a ready-to-use web site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal web site and order form. Generally, you have the opportunity to select between the two options, so it all revolves around how proficient you are in these things. As a domain name reseller, you will do business on behalf of your own personal brand and not under the Registrar's brand.
Make Revenue From Providing Web Site Hosting Solutions As Well
A proper supplement to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to individuals who would like to establish their site and demand both a domain and a website hosting account. Some firms supply such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoicing transaction software to bill your clients. You can then offer top-level domain names and shared web hosting packages to clients, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to people from all over the globe.