Domain reseller
The Internet is an ever-enlarging platform that supplies new opportunities to earn cash on the Internet. One of these opportunities is to become a domain name reseller and sell domains to end clients, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are millions of currently active domains, so this is an expanding trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name is composed of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs include the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of 2-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and determines the prerequisites that each particular top-level domain name may entail, including the duration of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain resource records.
Gain Revenue From Reselling Domain Names
Numerous Registrars have reseller programs that enable individuals to make cash from offering domains to end clients. If you sign up for such a program, you can establish your very own Internet business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can reach more individuals in regions or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Offer Domains On Behalf Of Your Very Own Personal Brand Name
When you register with a domain reseller program, you will get a website hosting Control Panel where you can set the prices for the separate top-level domain names that the Registrar offers. Most companies also offer billing transaction software and skins for your virtual shop, and the automation of the entire procedure coupled with the flourishing demand for domain names render the domain name reseller market so seductive. You will either acquire a ready-to-use site and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own web portal and order form. Typically, you have the opportunity to choose between the 2 options, so it all depends on how advanced you are in these things. As a domain name reseller, you will work under your very own personal trademark name and not on behalf of the Registrar's brand.
Gain Money From Reselling Website Hosting Services Too
A relevant supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to clients who wish to run their site and require both a domain name and a web space hosting plan. Some firms offer such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice management software to charge your customers. You can then offer Top-Level Domains and shared hosting packages to clients, and since they offer many diverse domain extensions, you will be able to provide domain and hosting services to users from all over the world.