The World Wide Web is an ever-developing system that supplies new opportunities to make money on the Web. One of them is to become a domain name reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently functioning domains, so this is a flowering marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain consists of two pieces - 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 name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the preconditions that each specific TLD may include, among them the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact offer the domain name to customers and handle all domain name resource records.
Gain Profit From Trading Domain Names
A lot of Registrars have reseller programs that allow people to make money from selling domains to end users. If you register with such a program, you can set up your very own e-business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more people in local communities or states where the Registrar may not be popular whatsoever. This implies 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 levies for the domain name registration.
Offer TLDs On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will receive a web site hosting CP where you can determine the prices for the various top-level domain names that the Registrar provides. Most corporations also offer invoicing transaction software and website skins for your virtual storefront, and the automation of the entire process coupled with the rising demand for domains make the domain name reseller business niche so seductive. You will either obtain a ready-for-use web site and make use of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own web site and order form. Traditionally, you have the opportunity to select between the 2 alternatives, so it all revolves around how proficient you are in these things. As a domain reseller, you will work under your own personal trademark name and not under the Registrar's brand.
Make Profit From Offering Site Hosting Plans As Well
An adequate addition to your domain name reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to individuals who desire to launch their web page and require both a domain and a webspace hosting plan. A few corporations supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing software to bill your customers. You can then sell Top-Level Domains and shared web hosting accounts to clients, and since they provide plenty of different domain extensions, you will be able to offer domain name and hosting services to users from all around the globe.