Resell Domains
Now that you've made it from the homepage to the resell domains subpage, you know you're at least somewhat serious about trying to resell domains. I was in love with the idea as soon as I started thinking about it. I had been a domainer for 2+ years before the idea hit me but once it did, it was only a matter of time before I had my own domain reseller site.
One thing you might want to know right away is how to resell domains for free. There is such a program at Dotser. As you can imagine, there is a huge catch. The reseller cost starts at $12. Some people have gone with it, but why? First of all, if you have enough people that want to buy domain names for $12 to make a website and refer people to it, why not just buy a basic or pro domain reseller program? Secondly, if you were successful, of course you would want to convert over to a cheaper reseller and with a large number of customers that would be extremely difficult. You would have to explain to each one why you're messing with they're domains and then actually do it and we all know that's a mess.
Another important detail is the difference between basic reseller and pro reseller at Godaddy (the one I choose and recommend). The key contrast is basic doesn't have as good of reseller rates and pro has the best prices. Also, with pro you earn money on any parked pages through your registration. It all comes down to what you're willing to pay upfront and whether you think you will have the volume to cover the cost. I break down on the cheapest domain reseller prices and why I choose the Wild West Domains program through Godaddy over the likes of Enom and major domain registration resellers on the next page, but for now let's talk about how to add to your customer base and why you can make so much money becoming a domain reseller.
The beauty of domains is they are a rapidly growing commodity. No longer are they just "computer geek stuff". Businesses and people alike are starting to realize, "hey we better get a domain name." And yet, while this is no doubt true, there are still herds (billions around the world) of the population that are absolutely clueless (I'm not saying this in a negative way, but many people don't even know what a domain name is). Some subconsiously think they aren't allowed to have a website because they aren't tech savvy. Others have never stopped to think that they too could have a website. Even people with a homepage on MySpace or Facebook may not have considered the notion of a "vanity web address".
The light bulb above your head should be bright yellow right now. You can advertise registering a domain name on any website and be very applicable - whatever the topic. Think about it, many people either haven't thought about it or would like to register but haven't yet. Rather than just trying to resell domains you already own, adding the possibility of registering available names to your domain name business could be a great way to monetize and profit - especially with so many new domain registrations still to come.
If you didn't before, you now see the power behind becoming a reseller beyond just saving money on your own portfolio or merely referring current clientele to your site. Let's talk a little bit more on the strategy to become a domain name reseller. On this page, we'll go into more specifics on my experience and thoughts on reselling domains.