Domain name reseller
The Internet is an ever-expanding platform that offers new opportunities to make money online. One of these possibilities is to become a domain reseller and sell domain names to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of currently active domains, so this is a blooming business niche that you can be involved in.
TLDs and SLDs
A domain contains 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain 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 widespread domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of 2-letter abbreviations that symbolize each country. Examples of country-code TLDs 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 institution that manages the registrations and determines the preconditions that each given Top-Level Domain may have, including the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to customers and administer all domain name records.
Make Revenue From Offering Domains
Numerous Registrars have reseller programs that enable individuals to earn cash from offering domain names to end clients. If you register with such a program, you can kick off your own Internet business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can reach more people in areas or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domains Under Your Personal Brand Name
When you sign up for a domain name reseller program, you will get a web space hosting Control Panel where you can determine the prices for the specific top-level domain names that the Registrar offers. Most firms also offer invoice software and web themes for your web storefront, and the automation of the whole procedure together with the vast demand for domain names make the domain reseller business so seductive. You will either acquire a pre-built web site and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own online portal and order form. Traditionally, you have the opportunity to pick between the 2 options, so it all depends on how expert you are in these things. As a domain reseller, you will work on behalf of your very own brand and not under the Registrar's.
Gain Money From Reselling Web Site Hosting Services Too
A reasonable addition to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to clients who desire to develop their website and require both a domain name and a site hosting account. Given corporations have such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free invoicing software to bill your clients. You can then offer top-level domain names and shared website hosting packages to customers, and since they offer a lot of different domain name extensions, you will be able to offer domain name and hosting services to persons from all over the globe.