Domain reseller
The Internet is an ever-increasing system that delivers new ways to gain money on the Internet. One of these possibilities is to be a domain reseller and offer domains to end users, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently active domains, so this is an increasing marketing niche that you can become a part of.
TLDs and SLDs
A domain involves 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-letter abbreviations that stand for each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an institution that administers the registrations and sets the requirements that each given top-level domain name may contain, among them the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually offer the domain name to customers and handle all domain resource records.
Gain Money From Offering Domains
Plenty of Registrars have reseller programs that enable individuals to earn money from selling domains to end users. If you subscribe to such a program, you can launch your very own personal online business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can reach more users in regions or countries where the Registrar may not be famous at all. This means 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 registration.
Sell TLDs On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will get a web page hosting CP where you can choose the prices for the different TLDs that the Registrar offers. Most firms also offer invoice software and website skins for your web shop, and the automation of the whole procedure combined with the immense demand for domain names make the domain name reseller business so desirable. You will either acquire a ready-for-use web site and avail of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal web page and order form. Typically, you have the option to select between the two possibilities, so it all revolves around how skillful you are in these affairs. As a domain reseller, you will work on behalf of your own brand and not under the Registrar's.
Make Cash From Offering Website Hosting Plans As Well
A reasonable addition to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to people who would like to manage their web portal and demand both a domain and a web space hosting account. A few firms furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free billing transaction software to bill your customers. You can then sell domains and shared web hosting accounts to customers, and since they provide a lot of diverse domain name extensions, you will be able to provide domain and hosting services to customers from all over the globe.