Domain reseller
The Internet is an ever-expanding network that furnishes new possibilities to earn money on the Internet. One of these opportunities is to become a domain reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is an enlarging marketing niche that you can be engaged in.
TLDs and SLDs
A domain name is made of 2 constituents - 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 name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve 2-letter abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each particular Top-Level Domain may entail, including the duration of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all DNS records.
Gain Cash From Trading Domains
Plenty of Registrars have reseller programs that permit individuals to earn revenue from offering domains to end customers. If you sign up for such a program, you can kick off your very own web business. Regularly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can contact more customers in local districts or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Very Own Brand Name
When you register with a domain name reseller program, you will have a web page hosting Control Panel where you can settle the prices for the separate Top-Level Domains that the Registrar provides. Most companies also provide billing management software and web page skins for your virtual shop, and the automation of the whole procedure together with the huge demand for domains render the domain name reseller market niche so seductive. You will either obtain a pre-developed web site and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own online portal and order form. Usually, you have the opportunity to select between the two alternatives, so it all depends on how advanced you are in these things. As a domain name reseller, you will do business under your own personal brand and not under the Registrar's brand.
Gain Money From Offering Hosting Plans Too
A relevant supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to individuals who wish to run their online portal and need both a domain and a website hosting account. A few corporations provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice management software to bill your clients. You can then sell domain names and shared website hosting packages to customers, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to users from all around the world.