Domain reseller
The Internet is an ever-growing network that offers new possibilities to earn cash on the Internet. One of them is to be a domain name reseller and offer domain names to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of currently active domain names, so this is a flourishing business niche that you can be a part of.
TLDs and SLDs
A domain involves 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-character abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that manages the registrations and determines the prerequisites that each concrete TLD may entail, among them the length of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually offer the domain name to clients and handle all DNS records.
Make Money From Trading Domains
Lots of Registrars have reseller programs that allow individuals to make revenue from selling domain names to end customers. If you sign up for such a program, you can kickstart your very own electronic business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more users in regional communities or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Own Brand Name
When you sign up for a domain reseller program, you will obtain a Control Panel where you can select the prices for the separate TLDs that the Registrar offers. Most corporations also provide billing software and site templates for your online shop, and the automation of the entire process combined with the huge demand for domain names make the domain reseller market niche so seductive. You will either obtain a ready-for-use site and make use of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web portal and form for placing orders. Traditionally, you have the option to choose between the two alternatives, so it all revolves around how skilled you are in these issues. As a domain reseller, you will do business under your very own personal brand and not under the Registrar's.
Make Profit From Promoting Web Site Hosting Plans Too
An appropriate addition to your domain reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to users who wish to launch their web site and need both a domain and a web hosting package. Certain companies have such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoicing software to bill your customers. You can then sell domain names and shared website hosting plans to customers, and since they provide a lot of different domain extensions, you will be able to provide domain name and hosting services to users from all over the globe.