Domain reseller
The Internet is an ever-flourishing network that provides new possibilities to gain cash on the Internet. One of these opportunities is to be a domain reseller and sell domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is an increasing marketing niche that you can be engaged in.
TLDs and SLDs
A domain name is composed of 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".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 Domains can be generic or country code. The gTLDs comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-letter abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a ccTLD, has a Registry - an organization that administers the registrations and sets the requirements that each concrete top-level domain name may contain, like the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all DNS resource records.
Make Revenue From Trading Domain Names
Lots of Registrars have reseller programs that allow people to make money from offering domains to end customers. If you register with such a program, you can begin your own web business. Normally, a domain will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can contact more people in regions or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Domain Names On Behalf Of Your Very Own Brand Name
When you subscribe to a domain reseller program, you will obtain a web site hosting Control Panel where you can determine the prices for the various TLDs that the Registrar offers. Most companies also offer invoice software and website layouts for your web store, and the automation of the entire procedure together with the large demand for domain names make the domain reseller market niche so desirable. You will either acquire a pre-made website and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal portal and form for placing orders. Normally, you have the option to pick between the two alternatives, so it all revolves around how practiced you are in these matters. As a domain reseller, you will work on behalf of your personal brand and not on behalf of the Registrar's brand.
Earn Cash From Offering Web Space Hosting Packages Too
A reasonable supplement to your domain reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to users who wish to run their online portal and demand both a domain and a site hosting plan. Given firms supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free invoicing software to charge your customers. You can then sell domains and shared website hosting plans to clients, and since they offer a lot of different domain name extensions, you will be able to offer domain name and hosting services to clients from all over the globe.