Not everyone is that organised when it comes to handling their domain information. It's not so bad
when you only have one or two, but if you are in that group of people who have a lot of domains –
perhaps even hundreds - to manage, then things aren't as straightforward.
In short, if you can provide a service which takes care of all the reminders and provides somewhere
for people to organise everything in one place, then you could be onto a winner.
This is a more complex and involved business idea, but if you like a challenge then there is a lot of
money to be had from this kind of service. Read on to find out more.
A lot of people who make it their business to make a lot of money online have plenty of domain
names. Every one of these names has a separate set of login details and registration information.
Just imagine keeping track of all those when you have hundreds - perhaps even thousands - of
domains!
This is where you come in. If you set up a third party management service you will be making it a
lot easier for all of these people to manage the domain names they currently have - all in one single
place.
What you need to do is set up a website which acts as a membership site. When someone signs up
for your service they will log in to access a range of domain management tools that you will
provide for them. So for example these could include a system whereby all the domains entered will
be renewed automatically rather than the person having to remember to renew them all manually –
which with thousands of domains could take ages to do.
You can charge a reasonable amount for this kind of service since it will save time, energy and
mistakes. You can also set up different levels of membership to provide different services if you
wish. Another option is to manage a domains DNS; this enables website owners to point their
domains wherever they want without having to log into each and every site to do them all
individually. This is a more advanced service though - it would probably be better to offer the
management service first and once you have built up some knowledge and confidence you can
think about expanding it into other areas.
There seems to be a real gap in the market for this type of service. There are a few about already
but the more comprehensive your service is the more people you will attract to it. Even if you
charge a high monthly fee for a service which provides everything, people with thousands of
domains will be glad to pay it because it will save them so much time and energy.
One final tip is to try visiting some forums to see if anyone is trying to find a service which offers
specific functions. This will enable you to build a service that will bring customers flooding in.
So why not start doing your research now to see if this really is something you would want to do?
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