Domain reseller
The Internet is an ever-enlarging network that offers new possibilities to make money on the Web. One of these opportunities is to become a domain name reseller and offer domains to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is a blooming business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain involves two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD 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 include the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-character abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and sets the requirements that each given TLD may contain, like the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain resource records.
Gain Profit From Selling Domain Names
A lot of Registrars have reseller programs that enable individuals to gain profit from selling domain names to end clients. If you subscribe to such a program, you can build your own online business. Usually, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more people in local regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will capitalize on 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 Top-Level Domains Under Your Very Own Personal Brand
When you register with a domain name reseller program, you will get a webspace hosting Control Panel where you can choose the prices for the specific TLDs that the Registrar provides. Most corporations also provide billing management software and web site themes for your online storefront, and the automation of the entire process coupled with the great demand for domains make the domain reseller industry so tempting. You will either obtain a turn-key website and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal website and form for placing orders. Normally, you have the opportunity to decide between the 2 possibilities, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will sell on behalf of your very own trademark name and not under the Registrar's brand.
Gain Revenue From Supplying Web Hosting Accounts Too
A perfect addition to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to persons who want to establish their web portal and need both a domain and a web hosting plan. A few companies offer such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing software to charge your clients. You can then sell domains and shared web hosting packages to customers, and since they provide many different domain extensions, you will be able to offer domain and hosting services to people from all over the globe.