Domain reseller
The World Wide Web is an ever-increasing network that supplies new options to make money on the Internet. One of these possibilities is to become a domain reseller and sell domain names to end clients, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are millions of currently active domain names, so this is an expanding business niche that you can become a part of.
TLDs and SLDs
A domain includes two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve two-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that manages the registrations and sets the prerequisites that each given top-level domain name may involve, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and administer all DNS records.
Earn Revenue From Reselling Domains
Numerous Registrars have reseller programs that permit people to make profit from offering domains to end clients. If you subscribe to such a program, you can kick off your own e-business. Generally, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can reach more users in regional communities or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will profit from 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.
Sell Domains Under Your Very Own Personal Trademark Name
When you subscribe to a domain reseller program, you will get a web site hosting Control Panel where you can select the prices for the different TLDs that the Registrar provides. Most firms also offer billing management software and website skins for your web storefront, and the automation of the whole procedure combined with the considerable demand for domains make the domain name reseller market niche so alluring. You will either receive a ready-for-use website and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal online portal and order form. Usually, you have the opportunity to choose between the two options, so it all depends on how accomplished you are in these affairs. As a domain reseller, you will work under your own brand name and not under the Registrar's.
Make Profit From Reselling Website Hosting Solutions As Well
A logical addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to users who want to manage their web site and demand both a domain and a site hosting account. A number of firms have such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free billing management software to charge your customers. You can then offer domain names and shared website hosting plans to clients, and since they offer a lot of different domain extensions, you will be able to provide domain name and hosting services to clients from all over the world.