Domain name reseller
The World Wide Web is an ever-flourishing community that offers new options to earn money on the Internet. One of these ways is to be a domain name reseller and sell domain names to end users, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of currently active domains, so this is an increasing business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name involves 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-character abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, 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 preconditions that each particular top-level domain name may involve, among them the length of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact sell the domain name to clients and handle all domain name records.
Earn Cash From Reselling Domain Names
Lots of Registrars have reseller programs that allow individuals to make profit from selling domain names to end clients. If you subscribe to such a program, you can build your very own online business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can reach more customers in areas or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Offer TLDs Under Your Personal Brand Name
When you subscribe to a domain name reseller program, you will receive a site hosting CP where you can fix the prices for the different top-level domain names that the Registrar provides. Most corporations also offer invoice transaction software and website templates for your web storefront, and the automation of the whole procedure together with the immense demand for domain names make the domain reseller market niche so tempting. You will either obtain a pre-made web site and avail of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal website and form for placing orders. Generally, you have the option to choose between the 2 possibilities, so it all depends on how skillful you are in these affairs. As a domain reseller, you will work under your own brand name and not under the Registrar's.
Earn Cash From Reselling Website Hosting Packages Too
A reasonable supplement to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to users who desire to develop their web page and require both a domain name and a web site hosting plan. Given companies provide such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice transaction software to bill your clients. You can then offer domain names and shared hosting accounts to customers, and since they provide many different domain extensions, you will be able to provide domain name and hosting services to people from all around the globe.