Domain reseller
The Internet is an ever-increasing system that delivers new possibilities to make cash online. One of them is to be a domain reseller and sell domains to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently active domain names, so this is a growing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain includes two 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 SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve two-character abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that tackles the registrations and determines the requirements that each given Top-Level Domain may have, among them the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to clients and handle all DNS records.
Make Revenue From Trading Domains
Numerous Registrars have reseller programs that allow individuals to earn profit from offering domain names to end users. If you sign up for such a program, you can initiate your very own personal Internet business. Normally, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can reach more users in areas or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will earn a 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.
Offer Domains On Behalf Of Your Own Personal Brand
When you sign up for a domain name reseller program, you will get a Control Panel where you can select the prices for the individual TLDs that the Registrar provides. Most companies also offer billing transaction software and web site templates for your virtual store, and the automation of the entire procedure combined with the proliferating demand for domain names render the domain name reseller business so seductive. You will either receive a ready-to-use website and utilize the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web portal and order form. Usually, you have the opportunity to choose between the 2 options, so it all depends on how advanced you are in these affairs. As a domain reseller, you will do business under your personal brand and not on behalf of the Registrar's.
Make Revenue From Offering Webspace Hosting Services Too
An appropriate supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to clients who wish to establish their web portal and require both a domain name and a web site hosting account. Some companies offer such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing software to bill your clients. You can then sell top-level domain names and shared hosting plans to clients, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to users from all around the world.