Getting into the Virtual Real Estate Business: Buy Domains Wholesale

Experts all around the world are predicting the arrival of another dot com boom. This one is quite different from the one which we had in 1996 though. That one was a calamity. This one sees the rise of dot com domain names into one of the most powerful business opportunities on the internet today. With websites being launched every couple of minutes around the world; the chances of you making a domain name sale are myriad. Also domain name prices have been reduced for resellers. So if you buy domain names on a wholesale rate and offer them to your customers as a reseller, you can make a good profit. Also there is so much competition amongst domain name registrars today, that it has further reduced the price of a domain name.

Existing Businesses

Even if you are an existing web based business, then you need to offer domain names as part of your portfolio. You certainly do not want your clients to rush to another website when they need to register a domain name. Offering a domain name is considered to be an excellent value added service.

Finding a Registrar

One of the most crucial steps of becoming a reseller and buying domains in wholesale is finding a registrar. Internet Corporation for Assigned Names and Numbers or (ICANN) has created a list of registrars who are approved to create and sell domain names directly. You can choose any registrar from this list. If you come across a registrar who is not in this list, then consider him to be a reseller. That means that you are buying and reselling from a reseller. That will cost you more money. There are several registrars who offer different kinds of services. Some will allow you access to a control panel which you can offer to your customers. There are others who will take care of all the billing and let the customers buy through their website but you earn commissions. There are some who allow you to create a custom web page, offer you a $50 advertising credit and also give add on features like SSL, etc. The best way to choose a registrar would be to compare and shop.

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