Domain reseller
The Internet is an ever-developing platform that provides new ways to make money online. One of these ways is to be a domain name reseller and offer domains to end customers, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is an expanding business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain consists of 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-character 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 or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each particular top-level domain name may include, including the duration of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain name resource records.
Gain Revenue From Offering Domains
Plenty of Registrars have reseller programs that allow individuals to earn cash from selling domains to end customers. If you sign up for such a program, you can start your very own personal electronic business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more individuals in areas or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will 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 Domains On Behalf Of Your Own Brand
When you register with a domain reseller program, you will have a web page hosting CP where you can select the prices for the various Top-Level Domains that the Registrar provides. Most corporations also offer invoice management software and web skins for your online storefront, and the automation of the entire procedure together with the immense demand for domain names render the domain reseller business niche so desirable. You will either get a pre-built web site and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web portal and order form. Commonly, you have the option to decide between the two possibilities, so it all revolves around how advanced you are in these affairs. As a domain reseller, you will sell on behalf of your personal brand and not on behalf of the Registrar's brand.
Gain Cash From Offering Site Hosting Packages Too
A reasonable supplement to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to individuals who desire to develop their site and need both a domain name and a web page hosting account. Some companies supply such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing management software to bill your clients. You can then sell Top-Level Domains and shared web hosting packages to customers, and since they offer a lot of different domain extensions, you will be able to provide domain and hosting services to people from all around the globe.