Domain reseller
The Internet is an ever-flourishing system that provides new ways to make cash on the Web. 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 domain names, so this is a blossoming business niche that you can become engaged in.
TLDs and SLDs
A domain involves 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain 2-character abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that administers the registrations and determines the prerequisites that each given TLD may contain, like the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain name records.
Gain Money From Selling Domains
Numerous Registrars have reseller programs that enable people to make money from offering domain names to end customers. If you sign up for such a program, you can set up your own electronic business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can reach more customers in regional communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer Top-Level Domains Under Your Very Own Personal Brand
When you register with a domain reseller program, you will obtain a hosting CP where you can determine the prices for the specific top-level domain names that the Registrar offers. Most firms also provide billing transaction software and site layouts for your virtual store, and the automation of the whole procedure together with the significant demand for domains render the domain reseller business niche so tempting. You will either receive a pre-developed web site and make use of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own personal website and order form. Commonly, you have the option to select between the two alternatives, so it all revolves around how advanced you are in these issues. As a domain name reseller, you will sell on behalf of your very own personal brand and not under the Registrar's brand.
Earn Cash From Supplying Website Hosting Accounts As Well
An adequate addition to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to persons who want to launch their website and require both a domain and a hosting account. Particular companies supply such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free billing software to bill your clients. You can then sell TLDs and shared web hosting accounts to customers, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to people from all around the globe.