The Internet is an ever-flourishing platform that furnishes new possibilities to gain cash on the Internet. One of these possibilities is to become a domain name reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a flowering business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain contains two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of 2-character abbreviations that represent each country. Examples of country-code top-level domain names 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 specific Top-Level Domain may involve, like the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to customers and manage all DNS records.
Make Money From Selling Domains
Lots of Registrars have reseller programs that allow individuals to gain cash from selling domain names to end customers. If you register with such a program, you can launch your very own Internet business. Normally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more persons in regional districts or states where the Registrar may not be popular at all. This implies 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 levies for the domain name registration.
Trade Domain Names Under Your Own Brand Name
When you subscribe to a domain name reseller program, you will obtain a website hosting Control Panel where you can settle the prices for the different Top-Level Domains that the Registrar provides. Most corporations also provide billing software and design skins for your web storefront, and the automation of the whole procedure combined with the expanding demand for domains make the domain reseller industry so tempting. You will either get a pre-built site and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal site and form for placing orders. Traditionally, you have the option to select between the 2 possibilities, so it all revolves around how experienced you are in these things. As a domain name reseller, you will sell under your very own personal trademark name and not on behalf of the Registrar's brand.
Gain Revenue From Promoting Web Site Hosting Accounts As Well
An adequate supplement to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to individuals who wish to build their web page and need both a domain name and a web hosting plan. A few companies have such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and free invoice software to bill your customers. You can then offer top-level domain names and shared web hosting plans to clients, and since they offer plenty of diverse domain extensions, you will be able to offer domain name and hosting services to users from all around the globe.