Domain reseller
The World Wide Web is an ever-expanding platform that delivers new opportunities to gain money on the Web. One of these options is to become a domain reseller and offer domain names to end customers, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is a blooming business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain is composed of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of 2-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that handles the registrations and sets the prerequisites that each concrete TLD may have, among them the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact sell the domain name to customers and handle all domain name resource records.
Gain Profit From Reselling Domain Names
Multiple Registrars have reseller programs that allow individuals to earn revenue from selling domain names to end users. If you sign up for such a program, you can begin your very own web business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more individuals in regions or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Offer Domain Names On Behalf Of Your Own Brand Name
When you register with a domain reseller program, you will obtain a web hosting Control Panel where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most companies also provide invoicing software and skins for your virtual store, and the automation of the entire process combined with the big demand for domains render the domain name reseller market so tempting. You will either have a ready-made site and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal web portal and form for placing orders. Traditionally, you have the opportunity to decide between the two alternatives, so it all depends on how skilled you are in these things. As a domain reseller, you will do business under your very own brand name and not on behalf of the Registrar's.
Gain Revenue From Selling Webspace Hosting Solutions Too
A suitable supplement to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to persons who wish to set up their web site and require both a domain name and a hosting package. Given corporations supply such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free invoicing transaction software to bill your clients. You can then offer domains and shared hosting accounts to clients, and since they offer a lot of diverse domain extensions, you will be able to provide domain and hosting services to customers from all around the globe.