Domain reseller
The Internet is an ever-developing community that delivers new opportunities to gain cash on the Internet. One of these options is to be a domain reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domains, so this is a growing business niche that you can be a part of.
TLDs and SLDs
A domain name comprises 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an institution that administers the registrations and sets the preconditions that each particular TLD may have, among them the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain name resource records.
Gain Profit From Trading Domains
Plenty of Registrars have reseller programs that enable individuals to gain revenue from selling domain names to end users. If you register with such a program, you can launch your very own online business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can reach more customers in local districts or states where the Registrar may not be known 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 requires for the domain registration.
Trade Domains Under Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will obtain a hosting CP where you can settle the prices for the individual TLDs that the Registrar offers. Most corporations also offer invoicing transaction software and website templates for your online storefront, and the automation of the entire procedure together with the big demand for domains render the domain reseller industry so seductive. You will either receive a ready-made website and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own online portal and order form. Commonly, you have the opportunity to choose between the 2 options, so it all depends on how proficient you are in these things. As a domain reseller, you will operate under your very own trademark name and not on behalf of the Registrar's.
Gain Cash From Promoting Website Hosting Accounts As Well
A good addition to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to clients who desire to develop their web portal and require both a domain and a website hosting plan. A few corporations supply such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free billing software to charge your customers. You can then offer Top-Level Domains and shared web hosting plans to clients, and since they offer lots of diverse domain name extensions, you will be able to offer domain and hosting services to customers from all over the globe.