Domain reseller
The Internet is an ever-expanding system that offers new options to earn cash online. One of these ways is to become a domain name reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is an enlarging marketing niche that you can be engaged in.
TLDs and SLDs
A domain name includes 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 SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that administers the registrations and determines the preconditions that each particular TLD may entail, such as the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and manage all domain resource records.
Gain Revenue From Trading Domains
Many Registrars have reseller programs that permit individuals to make revenue from offering domain names to end clients. If you subscribe to such a program, you can kick off your very own Internet business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can contact more individuals in regional communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domain Names Under Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will acquire a web space hosting Control Panel where you can settle the prices for the different Top-Level Domains that the Registrar provides. Most companies also provide billing transaction software and site templates for your virtual storefront, and the automation of the whole procedure coupled with the great demand for domains render the domain name reseller business so attractive. You will either acquire a ready-made website and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web portal and form for placing orders. Commonly, you have the option to pick between the 2 options, so it all depends on how proficient you are in these affairs. As a domain reseller, you will operate under your own brand name and not under the Registrar's brand.
Make Profit From Reselling Webspace Hosting Accounts Too
A reasonable supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to users who desire to have their website and demand both a domain name and a webspace hosting plan. A few companies supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoicing transaction software to charge your clients. You can then sell TLDs and shared web hosting packages to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain name and hosting services to individuals from all over the globe.