Domain reseller
The Internet is an ever-expanding community that generates new opportunities to make cash online. One of these ways is to be a domain name reseller and sell domain names to end users, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is an enlarging marketing niche that you can become involved in.
TLDs and SLDs
A domain contains 2 parts - 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 name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs include the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-character abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an institution that handles the registrations and determines the preconditions that each given Top-Level Domain may include, such as the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to clients and administer all DNS records.
Gain Revenue From Reselling Domains
Multiple Registrars have reseller programs that enable individuals to earn money from offering domain names to end users. If you register with such a program, you can kickstart your own online business. Normally, a domain name will be more inexpensive 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 contact more people in local communities or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Personal Brand Name
When you subscribe to a domain reseller program, you will obtain a web space hosting CP where you can select the prices for the different top-level domain names that the Registrar provides. Most corporations also provide invoicing software and skins for your virtual store, and the automation of the whole procedure together with the towering demand for domain names render the domain name reseller market so seductive. You will either get a pre-made site and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own web page and form for placing orders. Generally, you have the opportunity to select between the 2 alternatives, so it all revolves around how trained you are in these matters. As a domain name reseller, you will do business under your own brand name and not under the Registrar's.
Earn Revenue From Trading Site Hosting Solutions Too
A relevant supplement to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to individuals who desire to set up their site and require both a domain and a webspace hosting plan. A few firms provide such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice management software to charge your customers. You can then sell domains and shared web hosting packages to clients, and since they offer a lot of diverse domain name extensions, you will be able to offer domain and hosting services to users from all around the globe.