Domain reseller
The Internet is an ever-growing network that supplies new possibilities to gain money online. One of these possibilities is to be a domain name reseller and sell domain names to end customers, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a blooming business niche that you can be involved in.
TLDs and SLDs
A domain name is composed of 2 entities - a top-level domain name (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.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are composed of 2-character abbreviations that denote each country. Instances of country-code TLDs 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 is responsible for the registrations and determines the requirements that each given TLD may impose, such as the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain name resource records.
Gain Profit From Offering Domains
Multiple Registrars have reseller programs that permit people to make revenue from offering domains to end users. If you sign up for such a program, you can begin your own personal Internet business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can contact more users in provinces or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Offer Domain Names On Behalf Of Your Own Brand
When you subscribe to a domain name reseller program, you will obtain a hosting Control Panel where you can set the prices for the different Top-Level Domains that the Registrar offers. Most companies also provide invoice management software and web design themes for your online shop, and the automation of the entire procedure together with the increasing demand for domains make the domain reseller market niche so attractive. You will either have a ready-to-use website and utilize the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own online portal and form for placing orders. Generally, you have the option to pick between the two alternatives, so it all depends on how experienced you are in these things. As a domain name reseller, you will do business under your own brand and not under the Registrar's brand.
Gain Profit From Providing Website Hosting Packages Too
An excellent supplement to your domain name reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to persons who desire to establish their website and require both a domain and a web page hosting package. Certain companies supply such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice management software to charge your customers. You can then offer top-level domain names and shared hosting accounts to customers, and since they offer many diverse domain extensions, you will be able to offer domain name and hosting services to customers from all around the world.