Domain name reseller
The Internet is an ever-increasing community that delivers new opportunities to earn cash online. One of these opportunities is to become a domain name reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a growing marketing niche that you can be a part of.
TLDs and SLDs
A domain involves 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain 2-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an institution that deals with the registrations and sets the preconditions that each specific TLD may include, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually offer the domain name to customers and handle all DNS resource records.
Earn Cash From Trading Domains
Lots of Registrars have reseller programs that permit individuals to make profit from selling domains to end customers. If you subscribe to such a program, you can establish your very own Internet business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can contact more customers in local districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domains Under Your Personal Brand Name
When you subscribe to a domain name reseller program, you will have a website hosting Control Panel where you can determine the prices for the specific TLDs that the Registrar provides. Most companies also provide invoice transaction software and web site templates for your virtual shop, and the automation of the whole process coupled with the enlarging demand for domains render the domain reseller industry so attractive. You will either have a turn-key website and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own portal and order form. Commonly, you have the option to decide between the two alternatives, so it all depends on how expert you are in these matters. As a domain name reseller, you will work under your own brand and not on behalf of the Registrar's brand.
Earn Money From Providing Site Hosting Plans Too
A perfect addition to your domain reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to individuals who wish to create their web site and demand both a domain and a site hosting account. Certain companies furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free invoice management software to bill your customers. You can then offer Top-Level Domains and shared website hosting packages to clients, and since they provide a lot of different domain name extensions, you will be able to provide domain and hosting services to clients from all around the globe.