Domain reseller
The Internet is an ever-expanding platform that generates new ways to earn cash on the Internet. One of them is to become a domain reseller and sell domain names to end customers, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently active domains, so this is a growing business niche that you can be engaged in.
TLDs and SLDs
A domain name comprises two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-letter abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each given top-level domain name may contain, among them the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually offer the domain name to customers and manage all domain name records.
Gain Cash From Selling Domains
Multiple Registrars have reseller programs that allow people to make cash from selling domain names to end users. If you subscribe to such a program, you can set up your own Internet business. Usually, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can contact more people in areas or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Personal Trademark Name
When you subscribe to a domain reseller program, you will get a hosting Control Panel where you can determine the prices for the individual TLDs that the Registrar offers. Most corporations also provide invoicing software and templates for your web storefront, and the automation of the whole procedure together with the strong demand for domains render the domain reseller business so alluring. You will either obtain a ready-made website and avail of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal online portal and order form. Typically, you have the option to pick between the two options, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will work under your own personal trademark name and not on behalf of the Registrar's.
Earn Profit From Reselling Web Site Hosting Plans As Well
A logical addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to people who wish to launch their online portal and demand both a domain and a web page hosting plan. Particular corporations have such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoicing software to charge your customers. You can then offer Top-Level Domains and shared web hosting accounts to customers, and since they offer plenty of diverse domain extensions, you will be able to provide domain name and hosting services to users from all over the globe.