Domain reseller
The World Wide Web is an ever-enlarging network that generates new possibilities to gain money online. One of these ways is to be a domain name reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of currently functioning domains, so this is a thriving marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain involves two 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 and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve 2-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an institution that tackles the registrations and sets the preconditions that each concrete TLD may contain, like the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact offer the domain name to customers and administer all DNS records.
Make Revenue From Offering Domains
Lots of Registrars have reseller programs that allow people to make cash from offering domains to end customers. If you sign up for such a program, you can kickstart your very own web business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can contact more clients in provinces or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domain Names Under Your Own Personal Trademark Name
When you register with a domain reseller program, you will receive a webspace hosting CP where you can settle the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also offer invoice transaction software and website themes for your web storefront, and the automation of the whole procedure combined with the big demand for domain names render the domain name reseller market niche so desirable. You will either have a ready-to-use 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 make your own personal portal and order form. Commonly, you have the option to pick between the 2 options, so it all depends on how skillful you are in these matters. As a domain name reseller, you will do business under your own brand name and not on behalf of the Registrar's brand.
Gain Profit From Offering Webspace Hosting Services As Well
A nice addition to your domain reseller business would be to sell web hosting packages too. In this way, you can give a package deal to users who would like to have their web portal and require both a domain and a hosting plan. A few firms furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free invoice software to charge your clients. You can then offer domains and shared web hosting packages to clients, and since they offer plenty of different domain name extensions, you will be able to offer domain and hosting services to customers from all over the globe.