The Internet is an ever-expanding community that furnishes new ways to gain cash on the Web. One of these opportunities is to become a domain name reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is a developing business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain involves two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve two-letter abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and determines the requirements that each concrete Top-Level Domain may include, like the duration of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all DNS resource records.
Gain Revenue From Offering Domains
Lots of Registrars have reseller programs that allow people to make cash from selling domains to end users. If you sign up for such a program, you can start your very own personal Internet business. Regularly, a domain will cost less 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 clients in areas or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Resell Domain Names On Behalf Of Your Own Personal Brand
When you register with a domain reseller program, you will obtain a Control Panel where you can fix the prices for the specific TLDs that the Registrar offers. Most firms also offer billing software and web design themes for your web store, and the automation of the whole process coupled with the huge demand for domains render the domain name reseller market so tempting. You will either acquire a ready-for-use web site and use the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own site and form for placing orders. Normally, you have the option to choose between the 2 alternatives, so it all depends on how advanced you are in these matters. As a domain name reseller, you will do business under your personal brand and not under the Registrar's brand.
Gain Cash From Trading Website Hosting Services Too
An appropriate addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to clients who would like to create their website and demand both a domain and a web space hosting package. A few firms have such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to bill your clients. You can then sell Top-Level Domains and shared hosting plans to clients, and since they offer lots of different domain name extensions, you will be able to provide domain and hosting services to individuals from all around the world.