Domain reseller
The Internet is an ever-expanding community that delivers new ways to earn money on the Web. One of these ways is to become a domain name reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently active domains, so this is a growing business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain comprises 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain 2-letter abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the requirements that each specific TLD may involve, including the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact sell the domain name to customers and handle all domain name resource records.
Earn Profit From Offering Domain Names
Many Registrars have reseller programs that permit people to make cash from selling domain names to end customers. If you subscribe to such a program, you can start your very own personal electronic business. As a rule, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more users in regional districts or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Offer Domain Names Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will obtain a CP where you can fix the prices for the different top-level domain names that the Registrar offers. Most companies also provide invoice transaction software and site templates for your web shop, and the automation of the whole process coupled with the flourishing demand for domain names make the domain reseller market so alluring. You will either obtain a pre-developed web site and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal portal and form for placing orders. Generally, you have the opportunity to decide between the 2 alternatives, so it all depends on how skilled you are in these issues. As a domain name reseller, you will work under your own brand and not on behalf of the Registrar's brand.
Make Money From Promoting Webspace Hosting Packages Too
A suitable supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to people who wish to run their website and need both a domain name and a web hosting plan. Certain corporations provide such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing transaction software to bill your clients. You can then sell domains and shared hosting accounts to customers, and since they provide lots of different domain name extensions, you will be able to offer domain and hosting services to users from all around the world.