The World Wide Web is an ever-increasing system that furnishes new ways to make money on the Web. One of them is to be a domain reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is an increasing business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name contains 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-character abbreviations that denote 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 gTLD or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the preconditions that each concrete TLD may entail, among them the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to customers and handle all domain name records.
Earn Revenue From Trading Domains
Many Registrars have reseller programs that enable individuals to make revenue from selling domains to end clients. If you register with such a program, you can establish your own Internet business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can contact more persons in local districts or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Own Brand Name
When you register with a domain reseller program, you will have a webspace hosting CP where you can choose the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also provide invoicing transaction software and design layouts for your online storefront, and the automation of the whole procedure together with the rising demand for domains render the domain reseller market so tempting. You will either receive 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 very own website and form for placing orders. Generally, you have the opportunity to choose between the two possibilities, so it all revolves around how experienced you are in these things. As a domain reseller, you will operate under your own brand name and not on behalf of the Registrar's.
Gain Profit From Trading Site Hosting Solutions As Well
A nice addition to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to people who wish to establish their web portal and need both a domain and a web page hosting account. Some companies have such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoice management software to charge your clients. You can then sell top-level domain names and shared hosting plans to clients, and since they offer lots of different domain extensions, you will be able to offer domain and hosting services to persons from all over the world.