Domain reseller
The Internet is an ever-increasing network that offers new ways to gain money on the Web. One of these options is to become a domain reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently functioning domains, so this is a thriving trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain involves 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include two-character abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the requirements that each particular TLD may impose, such as the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to customers and handle all DNS resource records.
Earn Cash From Trading Domain Names
A lot of Registrars have reseller programs that allow individuals to earn money from offering domains to end users. If you register with such a program, you can establish your very own personal Internet business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more clients in regional districts or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will obtain a CP where you can fix the prices for the various TLDs that the Registrar offers. Most firms also offer invoice transaction software and web site layouts for your web storefront, and the automation of the entire process combined with the great demand for domain names render the domain name reseller market niche so tempting. You will either have a turn-key site and use the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own website and order form. Commonly, you have the option to select between the two alternatives, so it all revolves around how trained you are in these things. As a domain reseller, you will sell under your personal brand name and not on behalf of the Registrar's brand.
Gain Money From Promoting Site Hosting Plans As Well
A suitable addition to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to customers who would like to have their website and require both a domain name and a site hosting account. Some companies provide such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free invoice software to charge your customers. You can then offer TLDs and shared hosting packages to customers, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to clients from all over the globe.