Domain Registration Reseller
If you're thinking about becoming a domain reseller, there are some things you should know before buying. While I do recommend reselling domains for dedicated entrepreneurs and those looking to take the next step in their domain business, it's not for everyone. The last thing you want to do is plop down $200, make $30 selling to family and friends, and then have to eat the rest and let your reseller website go at a huge loss. I'm now a domain name reseller and I couldn't be happier with the purchase. This website serves as my experience as a domain registration reseller, my pitch to you, and my recommendations.
First, if you're buying a reseller program to save money on domains, my advice would be to stick to promo codes and coupon discounts. The reason being is that domain registrars can typically beat these rates themselves (they actually take a loss sometimes to get your business). If you're registering lesser discounted domain extensions such as .biz or .org in bulk, it may be worth it, but otherwise you can find what you need on sale at Godaddy, Name.com, or Moniker for near cost. Keep in mind that any savings you get from reselling would have to offset your purchase price of $200 give or take.
You should strongly think about buying a domain reseller program if you refer a lot of clients to registrars for web hosting and domain names. For example, if you own a web design company, this is money in the bank for you and is beneficial to your clientele. You might care about promo codes and saving $3 on a dot com because you own 25 or more domain names, but your average merchant looking to build a website probably doesn't know or really care to search. They would have bought the $9.99 sticker at Godaddy anyway so why not have them go through you for $9.79 or whatever price you decide to resell at.
Even if you are in the process of referring others, remember that it takes more than 3 or 4 clients to turn a profit. Keep in mind that when you become a domain name reseller, you're only making a profit after cost. The basic flat clost for a .com is currently $7.29 (this may vary but it's around here) so for every .com purchased at $9.79 you're making $2.50. If you have 5 customers with a domain, you're profiting $12.50 per year, but hardly enough to run a domain reseller business. However, add a few more customers with even just the basic web hosting and possibly a few whois privacy protections and SSL certificates and you may not only justify the price tag but become profitable (which, after all, is the whole point).
Continue reading on my experience on how to resell domains with more advice and tips
on how to add customers, why I picked Wild West Domains (Godaddy's reseller program), and the free registration program out there
that I don't recommend. I also provide a seperate page with a comparison chart on the cheapest domain reseller
and how you can get a discount not only on your initial purchase account, but a cheap price on renewing your reseller account (Yep, they, like domains, have renewals every year.)