The Internet is an ever-flourishing community that delivers new ways to make cash on the Web. One of them is to become a domain name reseller and sell domain names to end clients, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a developing business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name consists of 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include two-letter abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an organization that manages the registrations and sets the prerequisites that each particular top-level domain name may involve, like the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to clients and manage all domain name records.
Make Revenue From Selling Domains
A lot of Registrars have reseller programs that permit individuals to make money from selling domain names to end users. If you register with such a program, you can launch your very own Internet business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more customers in local regions or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain reseller program, you will receive a webspace hosting CP where you can select the prices for the different top-level domain names that the Registrar provides. Most corporations also offer invoice transaction software and web site skins for your online shop, and the automation of the whole process coupled with the big demand for domains make the domain name reseller industry so attractive. You will either acquire a turn-key site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own website and order form. Normally, you have the option to select between the 2 options, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will work on behalf of your own personal trademark name and not on behalf of the Registrar's.
Make Money From Reselling Site Hosting Solutions Too
A reasonable supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to clients who want to build their site and need both a domain name and a website hosting package. Particular corporations have such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to bill your clients. You can then sell TLDs and shared hosting packages to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to individuals from all over the world.