Domain name reseller
The World Wide Web is an ever-growing community that delivers new opportunities to gain money on the Internet. One of them is to become a domain name reseller and sell domain names to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are millions of currently functioning domains, so this is a flowering trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name contains 2 constituents - 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 second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of two-letter abbreviations that signify each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that handles the registrations and sets the prerequisites that each concrete top-level domain name may have, like the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually offer the domain name to clients and administer all domain records.
Gain Profit From Offering Domains
Plenty of Registrars have reseller programs that enable individuals to gain profit from selling domain names to end customers. If you register with such a program, you can commence your very own personal electronic business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can reach more people in local communities or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Offer Domains On Behalf Of Your Own Personal Brand
When you subscribe to a domain reseller program, you will receive a web hosting CP where you can set the prices for the individual top-level domain names that the Registrar offers. Most companies also provide billing management software and layouts for your web shop, and the automation of the whole procedure together with the big demand for domain names render the domain reseller industry so seductive. You will either obtain a pre-developed website and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web page and order form. Usually, you have the option to select between the 2 options, so it all depends on how trained you are in these matters. As a domain name reseller, you will operate under your own personal brand name and not under the Registrar's.
Make Cash From Offering Web Page Hosting Plans Too
A logical addition to your domain reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to people who wish to create their online portal and demand both a domain and a web space hosting account. Given companies offer such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing software to charge your clients. You can then sell TLDs and shared hosting plans to customers, and since they provide plenty of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the world.