Domain reseller
The Internet is an ever-enlarging community that generates new possibilities to make cash on the Internet. One of these ways is to be a domain name reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a flowering trading niche that you can become involved in.
TLDs and SLDs
A domain name is made of 2 components - a top-level domain name (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.
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 popular domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs include 2-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and determines the requirements that each concrete TLD may involve, among them the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and handle all domain name records.
Gain Revenue From Offering Domain Names
A lot of Registrars have reseller programs that permit individuals to make cash from offering domain names to end clients. If you subscribe to such a program, you can launch your own online business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can reach more people in local regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer TLDs On Behalf Of Your Own Brand
When you register with a domain reseller program, you will receive a web site hosting Control Panel where you can select the prices for the individual TLDs that the Registrar offers. Most corporations also provide invoice management software and website layouts for your virtual shop, and the automation of the entire process coupled with the enormous demand for domains render the domain reseller market so attractive. You will either receive a ready-made website and utilize the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own web portal and form for placing orders. Commonly, you have the option to pick between the 2 possibilities, so it all revolves around how trained you are in these things. As a domain reseller, you will operate on behalf of your very own personal brand and not on behalf of the Registrar's brand.
Earn Money From Trading Web Hosting Services As Well
A relevant supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to people who would like to build their web site and demand both a domain and a site hosting plan. Certain firms have such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing transaction software to bill your clients. You can then sell TLDs and shared website hosting accounts to clients, and since they offer plenty of different domain extensions, you will be able to provide domain name and hosting services to clients from all around the world.