Domain reseller
The Internet is an ever-growing system that supplies new opportunities to earn money on the Web. One of them is to be a domain reseller and offer domain names to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domains, so this is a flourishing business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain involves 2 components - 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 second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise two-letter abbreviations that stand for each country. Examples 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 Top-Level Domain, has a Registry - an institution that handles the registrations and determines the preconditions that each given Top-Level Domain may have, including the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain name resource records.
Earn Revenue From Selling Domain Names
Multiple Registrars have reseller programs that allow people to earn money from offering domains to end users. If you subscribe to such a program, you can begin your own personal web business. Generally, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can contact more persons in provinces or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Offer Domain Names Under Your Personal Brand Name
When you subscribe to a domain reseller program, you will obtain a web site hosting Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar offers. Most companies also offer invoice transaction software and web skins for your web store, and the automation of the whole process coupled with the high demand for domains make the domain name reseller market niche so tempting. You will either obtain a ready-for-use website and avail of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal portal and form for placing orders. Traditionally, you have the option to pick between the two alternatives, so it all revolves around how advanced you are in these issues. As a domain reseller, you will do business on behalf of your own trademark name and not under the Registrar's.
Make Profit From Promoting Hosting Plans As Well
An adequate addition to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to persons who wish to have their online portal and require both a domain and a website hosting package. Given companies furnish such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to bill your clients. You can then sell top-level domain names and shared website hosting accounts to clients, and since they offer many different domain extensions, you will be able to provide domain and hosting services to users from all over the globe.