Domain reseller
The World Wide Web is an ever-enlarging community that offers new options to make money on the Internet. One of these ways is to become a domain reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is an enlarging business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name contains 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-letter abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the requirements that each specific top-level domain name may have, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and handle all DNS resource records.
Gain Profit From Selling Domains
Numerous Registrars have reseller programs that enable people to make money from selling domain names to end clients. If you subscribe to such a program, you can kick off your own electronic business. Normally, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more users in regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domain Names Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will have a site hosting CP where you can select the prices for the specific top-level domain names that the Registrar provides. Most firms also provide invoice software and web page skins for your online store, and the automation of the entire process together with the immense demand for domain names render the domain name reseller business so seductive. You will either receive a turn-key web site and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own web page and order form. Traditionally, you have the opportunity to select between the two options, so it all revolves around how proficient you are in these affairs. As a domain reseller, you will sell under your very own trademark name and not under the Registrar's brand.
Gain Profit From Selling Webspace Hosting Solutions Too
A perfect supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to clients who wish to build their web site and demand both a domain and a site hosting package. A number of companies provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free invoicing software to charge your customers. You can then offer domain names and shared hosting plans to customers, and since they provide plenty of different domain extensions, you will be able to offer domain name and hosting services to customers from all around the globe.