Domain name reseller
The Internet is an ever-growing community that furnishes new options to make money on the Internet. One of them is to become a domain name reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a blossoming business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain consists of two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs contain 2-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an organization that tackles the registrations and determines the requirements that each given top-level domain name may contain, such as the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually sell the domain name to clients and manage all DNS resource records.
Gain Money From Offering Domains
Plenty of Registrars have reseller programs that permit individuals to earn revenue from offering domain names to end clients. If you register with such a program, you can build your very own personal Internet business. Regularly, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can contact more clients in regional communities or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Offer Domains Under Your Personal Brand Name
When you subscribe to a domain name reseller program, you will have a web hosting CP where you can choose the prices for the specific TLDs that the Registrar offers. Most companies also offer invoice transaction software and design layouts for your virtual store, and the automation of the whole process combined with the flourishing demand for domain names make the domain name reseller business niche so seductive. You will either obtain a ready-to-use site and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own web portal and form for placing orders. Commonly, you have the opportunity to select between the two alternatives, so it all revolves around how proficient you are in these things. As a domain name reseller, you will work under your own brand name and not under the Registrar's brand.
Make Money From Supplying Web Space Hosting Plans As Well
An adequate supplement to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to users who want to establish their online portal and require both a domain name and a web space hosting account. Some companies offer such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing software to charge your customers. You can then offer top-level domain names and shared web hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to customers from all over the world.