Hi, I am interested in Domain reselling and reviewed all reselling plans from GoDaddy to ResellerClub. Now my question is every reseller plan has come up with a investment upto $200.. or more.. can we earn a decent income from this domain reselling (consider GoDaddy for now) ... or... Start a own website with cost of $65 (approx) per year and add wordpress, write articles about Domain industry earn money from AdSense and affiliation marketing. (As I have some 60+ domains I can write about them also here and sell).. Pro's and Guru's ,,, please advise me.. Thanks in advance...
Well, I would recommend you to better develope a websites and start working on adsense with each websites rather thinking of doing domain reseller business. There are several reasons for that. First you will have to find or promote poeple whom are going to register under your reseller. Second there are pretty healthy competition is going in reseller market. Third thing is there are very less profit in terms of selling domain via reseller account.
Thanks Dhaval for the analysis... Again.. your point of profit margins are 100% aceptable...coming to competition, the competition is there in the website with adsense also. How can we take an edge over the cmpetition.. sorry if you get me wrong
Murali, Each of the options is valid - since folks make money from all of them. Domains Buy & Sell - is good if you have the knack to capture right domain name and get a ready buyer!! Domain Reseller - An Excellent way to earn side income - and once you set the ball rolling you just need to make sure you get right traffic coming in to your site. Monetize website - Requires efforts to constantly keep updating and to hope folks click on the ads to give you revenue. Traffic is the key in all cases, but as a domain reseller - you need buyers coming in, while for monetiztion, even those drifting and searching anything land on your site is OK. cheers