Domain reseller
The Internet is an ever-expanding network that offers new opportunities to make cash on the Internet. One of them is to be a domain reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is a developing business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain involves 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-letter abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and determines the prerequisites that each concrete TLD may entail, among them the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to clients and handle all DNS records.
Earn Profit From Offering Domains
Multiple Registrars have reseller programs that permit people to earn money from selling domain names to end clients. If you register with such a program, you can kickstart your very own electronic business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can contact more individuals in regional districts or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Sell Domain Names On Behalf Of Your Own Brand
When you subscribe to a domain reseller program, you will acquire a website hosting Control Panel where you can determine the prices for the specific TLDs that the Registrar offers. Most companies also offer billing management software and web page skins for your virtual shop, and the automation of the whole process coupled with the swelling demand for domains make the domain name reseller market niche so tempting. You will either have a pre-developed website and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal web site and form for placing orders. Usually, you have the opportunity to choose between the 2 options, so it all depends on how experienced you are in these affairs. As a domain name reseller, you will work on behalf of your personal brand and not on behalf of the Registrar's brand.
Earn Revenue From Trading Webspace Hosting Plans Too
A proper addition to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to users who desire to manage their web portal and require both a domain and a web hosting account. A few corporations supply such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free invoicing transaction software to charge your customers. You can then sell domain names and shared hosting accounts to customers, and since they provide lots of diverse domain name extensions, you will be able to provide domain name and hosting services to people from all over the world.