Domain reseller
The Internet is an ever-expanding system that offers new opportunities to gain money on the Web. One of these possibilities is to be a domain reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is an increasing business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name contains 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of two-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the prerequisites that each specific TLD may have, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually sell the domain name to customers and handle all domain name records.
Gain Money From Trading Domains
A lot of Registrars have reseller programs that enable people to make cash from selling domain names to end clients. If you subscribe to such a program, you can set up your very own Internet business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more persons in areas or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Personal Brand
When you sign up for a domain reseller program, you will acquire a webspace hosting Control Panel where you can choose the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide invoice software and design templates for your web shop, and the automation of the whole procedure together with the huge demand for domain names render the domain name reseller market so attractive. You will either receive a pre-made web site and make use of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own web page and form for placing orders. Generally, you have the option to select between the two alternatives, so it all revolves around how skilled you are in these matters. As a domain name reseller, you will operate under your very own brand name and not under the Registrar's brand.
Earn Cash From Offering Webspace Hosting Solutions Too
A reasonable supplement to your domain reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to users who would like to launch their web portal and need both a domain and a web site hosting plan. A few corporations offer such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice transaction software to charge your clients. You can then offer domain names and shared website hosting accounts to clients, and since they offer plenty of diverse domain name extensions, you will be able to provide domain and hosting services to users from all around the globe.