The World Wide Web is an ever-increasing platform that offers new possibilities to make money on the Internet. One of these opportunities is to be a domain name reseller and offer domains to end customers, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently active domain names, so this is an enlarging marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name contains 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-character abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a ccTLD, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each concrete top-level domain name may include, among them the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain resource records.
Gain Revenue From Trading Domain Names
Multiple Registrars have reseller programs that permit individuals to gain money from offering domain names to end users. If you register with such a program, you can establish your own personal online business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can reach more clients in local districts or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell TLDs Under Your Own Personal Trademark Name
When you register with a domain name reseller program, you will have a website hosting CP where you can select the prices for the separate top-level domain names that the Registrar offers. Most firms also provide billing management software and website skins for your virtual store, and the automation of the whole process coupled with the high demand for domain names render the domain reseller industry so tempting. You will either get a ready-made website and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web page and form for placing orders. Commonly, you have the opportunity to select between the 2 possibilities, so it all depends on how skilled you are in these issues. As a domain reseller, you will operate on behalf of your very own trademark name and not on behalf of the Registrar's.
Gain Revenue From Trading Web Page Hosting Services Too
A relevant supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to persons who would like to run their web page and require both a domain and a web page hosting package. A number of companies furnish such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice transaction software to bill your clients. You can then sell domain names and shared hosting packages to customers, and since they provide plenty of different domain name extensions, you will be able to offer domain name and hosting services to clients from all over the world.