Domain reseller
The Internet is an ever-expanding system that delivers new ways to earn cash on the Internet. One of these ways is to become a domain name reseller and offer domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a blooming trading niche that you can be a part of.
TLDs and SLDs
A domain name is composed of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs comprise the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 2-letter abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each specific TLD may contain, such as the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and administer all DNS resource records.
Make Profit From Reselling Domain Names
A lot of Registrars have reseller programs that permit people to gain revenue from offering domain names to end users. If you register with such a program, you can start your very own web business. Normally, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more people in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Trade TLDs Under Your Own Personal Brand Name
When you sign up for a domain reseller program, you will have a Control Panel where you can fix the prices for the separate Top-Level Domains that the Registrar offers. Most companies also provide billing management software and web site templates for your online store, and the automation of the whole procedure coupled with the enlarging demand for domain names make the domain reseller market so attractive. You will either obtain a pre-built website and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal portal and form for placing orders. Normally, you have the option to choose between the two alternatives, so it all revolves around how expert you are in these affairs. As a domain name reseller, you will sell under your own brand and not on behalf of the Registrar's.
Gain Cash From Selling Web Space Hosting Accounts Too
A perfect supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to clients who want to manage their web portal and require both a domain name and a web space hosting package. Particular corporations offer such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free invoice software to bill your customers. You can then sell Top-Level Domains and shared hosting packages to clients, and since they provide many diverse domain name extensions, you will be able to provide domain name and hosting services to clients from all around the world.