Domain reseller
The Internet is an ever-flourishing platform that furnishes new options to make money on the Internet. One of these options is to become a domain reseller and offer domains to end clients, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domains, so this is a growing marketing niche that you can be engaged in.
TLDs and SLDs
A domain is composed of 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise two-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each concrete top-level domain name may have, among them the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to customers and handle all DNS records.
Gain Money From Reselling Domains
A lot of Registrars have reseller programs that enable individuals to make profit from offering domain names to end users. If you subscribe to such a program, you can commence your own web business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can contact more persons in local regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Offer TLDs Under Your Own Brand Name
When you subscribe to a domain reseller program, you will acquire a CP where you can select the prices for the different TLDs that the Registrar provides. Most firms also provide invoicing transaction software and web site skins for your web store, and the automation of the entire process together with the big demand for domain names render the domain name reseller business so attractive. You will either acquire a turn-key web site and make use of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own site and order form. Traditionally, you have the opportunity to decide between the 2 alternatives, so it all revolves around how experienced you are in these affairs. As a domain name reseller, you will sell under your own brand and not on behalf of the Registrar's brand.
Make Revenue From Trading Site Hosting Solutions Too
A proper supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to people who want to have their online portal and need both a domain name and a web site hosting package. Certain companies have such options. With 'ResellersPanel', for instance, 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 transaction software to bill your clients. You can then offer TLDs and shared web hosting packages to customers, and since they offer many different domain name extensions, you will be able to offer domain and hosting services to persons from all around the world.