Domain reseller
The Internet is an ever-expanding network that furnishes new opportunities to gain cash on the Internet. One of these possibilities is to be a domain reseller and offer domains to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are millions of currently active domain names, so this is a blossoming marketing niche that you can be a part of.
TLDs and SLDs
A domain comprises 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of two-letter abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code one, has a Registry - an organization that is responsible for the registrations and sets the requirements that each particular top-level domain name may have, among them the duration of the registration period 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 clients and administer all domain name resource records.
Make Profit From Reselling Domain Names
A lot of Registrars have reseller programs that permit people to earn money from selling domains to end users. If you subscribe to such a program, you can establish your own personal online business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more individuals in regional districts or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domain Names Under Your Very Own Trademark Name
When you subscribe to a domain name reseller program, you will obtain a webspace hosting Control Panel where you can fix the prices for the separate Top-Level Domains that the Registrar offers. Most firms also offer invoicing transaction software and templates for your virtual shop, and the automation of the whole procedure together with the expanding demand for domain names make the domain name reseller business so attractive. You will either acquire a turn-key site and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal online portal and form for placing orders. Generally, you have the opportunity to choose between the 2 alternatives, so it all depends on how skilled you are in these things. As a domain reseller, you will sell under your own brand name and not under the Registrar's brand.
Earn Money From Offering Site Hosting Services Too
A perfect supplement to your domain reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to clients who would like to establish their web portal and need both a domain and a website hosting plan. Given firms offer such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free billing transaction software to bill your customers. You can then offer domains and shared web hosting accounts to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to people from all over the globe.