The World Wide Web is an ever-growing community that delivers new possibilities to gain cash online. One of these possibilities is to be a domain name reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently functioning domains, so this is an expanding business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain is composed of two entities - a Top-Level Domain (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 SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-character abbreviations that stand for each country. Examples 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 or a country-code one, has a Registry - an organization that deals with the registrations and sets the requirements that each given top-level domain name may entail, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact offer the domain name to customers and manage all DNS resource records.
Make Cash From Reselling Domains
Lots of Registrars have reseller programs that enable individuals to make revenue from selling domains to end users. If you register with such a program, you can commence your very own Internet business. Generally, a domain will cost less if it is registered through 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 local communities or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will profit from 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 Under Your Very Own Brand
When you subscribe to a domain reseller program, you will acquire a web site hosting CP where you can determine the prices for the specific top-level domain names that the Registrar offers. Most firms also offer invoice transaction software and web skins for your web storefront, and the automation of the entire process together with the great demand for domain names render the domain reseller business niche so seductive. You will either get a turn-key website and avail of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal online portal and form for placing orders. Normally, you have the option to decide between the two options, so it all revolves around how expert you are in these issues. As a domain name reseller, you will work on behalf of your own personal trademark name and not on behalf of the Registrar's.
Gain Profit From Promoting Web Space Hosting Services Too
A relevant addition to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to individuals who would like to build their web portal and need both a domain and a hosting plan. A few firms have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice transaction software to charge your customers. You can then offer domains and shared web hosting packages to customers, and since they provide plenty of different domain name extensions, you will be able to provide domain and hosting services to people from all over the world.