Domain reseller
The World Wide Web is an ever-growing network that provides new opportunities to make cash on the Internet. One of these opportunities is to be a domain reseller and sell domain names to end clients, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domains, so this is a growing trading niche that you can be engaged in.
TLDs and SLDs
A domain includes 2 constituents - 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 name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-letter abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and determines the prerequisites that each specific top-level domain name may have, among them the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to customers and manage all domain resource records.
Gain Profit From Reselling Domain Names
Lots of Registrars have reseller programs that enable individuals to gain revenue from offering domains to end clients. If you sign up for such a program, you can start your very own personal e-business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can reach more people in local regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides 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 charges for the domain registration.
Resell TLDs On Behalf Of Your Very Own Personal Brand
When you sign up for a domain name reseller program, you will get a web site hosting CP where you can choose the prices for the different top-level domain names that the Registrar offers. Most companies also provide billing software and web layouts for your web store, and the automation of the whole procedure combined with the enormous demand for domain names render the domain reseller market niche so attractive. You will either acquire a turn-key site and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web portal and form for placing orders. Generally, you have the option to decide between the 2 possibilities, so it all depends on how proficient you are in these matters. As a domain reseller, you will sell on behalf of your own personal brand name and not under the Registrar's brand.
Earn Money From Supplying Web Site Hosting Plans As Well
A good supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to clients who would like to establish their website and require both a domain and a webspace hosting package. A few companies offer 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-cost invoicing software to bill your customers. You can then sell Top-Level Domains and shared hosting accounts to customers, and since they offer a lot of diverse domain extensions, you will be able to offer domain and hosting services to clients from all over the world.