Domain reseller
The Internet is an ever-expanding system that provides new opportunities to gain cash online. One of these opportunities is to become a domain reseller and sell domain names to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of currently functioning domain names, so this is an enlarging marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is made of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve two-character abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and sets the preconditions that each concrete Top-Level Domain may entail, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain resource records.
Make Profit From Trading Domains
Multiple Registrars have reseller programs that permit individuals to earn profit from offering domain names to end customers. If you register with such a program, you can launch your very own personal Internet business. Usually, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more persons in regional communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Offer Domain Names Under Your Personal Trademark Name
When you sign up for a domain name reseller program, you will get a web hosting CP where you can settle the prices for the various Top-Level Domains that the Registrar provides. Most companies also offer billing software and web page layouts for your virtual store, and the automation of the entire process combined with the growing demand for domains render the domain reseller business so attractive. You will either acquire a pre-built site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal web page and form for placing orders. Usually, you have the option to select between the 2 options, so it all revolves around how skilled you are in these things. As a domain name reseller, you will sell under your very own personal trademark name and not under the Registrar's brand.
Make Cash From Supplying Website Hosting Accounts As Well
A reasonable addition to your domain reseller business would be to sell web hosting services too. Thus, you can give a package deal to people who wish to manage their site and demand both a domain and a web site hosting package. Particular firms have such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free billing management software to bill your clients. You can then offer Top-Level Domains and shared hosting packages to clients, and since they provide lots of different domain name extensions, you will be able to offer domain and hosting services to customers from all around the globe.