Domain reseller
The Internet is an ever-enlarging system that supplies new opportunities to gain money on the Web. One of these possibilities is to become a domain name reseller and offer domain names to end clients, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are millions of presently active domains, so this is a flourishing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain contains 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of two-character abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the preconditions that each particular TLD may entail, such as the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain resource records.
Make Profit From Offering Domain Names
Multiple Registrars have reseller programs that enable people to earn revenue from offering domains to end clients. If you subscribe to such a program, you can kickstart your own personal electronic business. Normally, 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 customer. The explanation is that resellers can contact more people in local districts or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Sell Domains Under Your Own Brand
When you register with a domain name reseller program, you will obtain a Control Panel where you can fix the prices for the different TLDs that the Registrar offers. Most companies also offer billing management software and web themes for your online storefront, and the automation of the whole process together with the big demand for domains make the domain reseller business niche so alluring. You will either acquire a turn-key site and avail of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal web site and order form. Traditionally, you have the opportunity to decide between the two possibilities, so it all revolves around how proficient you are in these issues. As a domain reseller, you will work on behalf of your personal trademark name and not under the Registrar's brand.
Gain Cash From Supplying Webspace Hosting Services Too
An appropriate addition to your domain name reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to users who wish to launch their site and need both a domain name and a website hosting plan. A few firms offer such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice management software to bill your customers. You can then sell domains and shared hosting accounts to customers, and since they offer a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to individuals from all over the world.