Domain reseller
The Internet is an ever-increasing system that supplies new opportunities to make money online. One of these ways is to be 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 every day, and there are millions of currently active domain names, so this is a flourishing business niche that you can be a part of.
TLDs and SLDs
A domain is made of 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of two-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the prerequisites that each given TLD may involve, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and handle all domain name records.
Gain Profit From Offering Domains
Numerous Registrars have reseller programs that enable people to earn revenue from selling domains to end users. If you subscribe to such a program, you can set up your own personal e-business. Usually, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can reach more people in regional communities or states where the Registrar may not be famous whatsoever. 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 client pays and the one that the Registrar levies for the domain registration.
Offer Domain Names On Behalf Of Your Personal Brand
When you sign up for a domain name reseller program, you will obtain a hosting CP where you can select the prices for the various TLDs that the Registrar offers. Most corporations also offer invoice software and website themes for your virtual store, and the automation of the whole process together with the rising demand for domain names make the domain name reseller business niche so desirable. You will either receive a pre-developed site and utilize 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 form for placing orders. Usually, you have the option to decide between the two options, so it all revolves around how experienced you are in these issues. As a domain reseller, you will do business under your own trademark name and not on behalf of the Registrar's.
Earn Profit From Promoting Web Page Hosting Packages As Well
A proper addition to your domain reseller business would be to sell web hosting plans too. In this way, you can give a package deal to persons who wish to make their web page and need both a domain name and a website hosting plan. A number of corporations furnish such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing software to bill your customers. You can then offer top-level domain names and shared website hosting packages 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 clients from all over the globe.