Domain reseller
The Internet is an ever-increasing community that provides new opportunities to make money online. One of these ways is to become a domain name reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is an enlarging marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name is composed of two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-letter abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that is responsible for the registrations and determines the requirements that each specific Top-Level Domain may have, such as the duration of the registration term 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 manage all DNS records.
Gain Revenue From Trading Domains
Plenty of Registrars have reseller programs that enable individuals to make revenue from selling domains to end users. If you subscribe to such a program, you can set up your very own Internet business. Generally, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more clients in areas or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue 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 Own Trademark Name
When you sign up for a domain reseller program, you will acquire a web page hosting CP where you can choose the prices for the separate TLDs that the Registrar provides. Most firms also provide invoice management software and web design templates for your virtual storefront, and the automation of the whole process coupled with the swelling demand for domains make the domain name reseller business niche so alluring. You will either get a ready-made web site and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal web page and form for placing orders. Usually, you have the option to pick between the 2 options, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will operate on behalf of your own brand and not on behalf of the Registrar's brand.
Gain Revenue From Selling Web Space Hosting Solutions As Well
A logical addition to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to clients who desire to build their online portal and require both a domain and a web hosting plan. Some firms offer such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing transaction software to bill your customers. You can then sell domain names and shared hosting plans to clients, and since they offer a lot of diverse domain name extensions, you will be able to provide domain and hosting services to persons from all over the world.