There are many business opportunities in the domain registration industry, which require different levels of commitment. Some of these opportunities don’t need a great investment. One of these, which is easily scalable and highly profitable, compared with other business ideas entrepreneurs go after, is becoming a domain reseller.
Backing yourself up with an experienced provider you can rely on, which gives you competitive prices on domains and other products and services your customers will be needing, is crucial for your business’s success. Also, having access to high quality support. A good provider will save you time and money and will help you increase your profit and earn more with less effort, and it builds trust with your clients.
Are you a domain reseller or you’re willing to become one? If you’re looking for a reliable provider, we want to share some of the benefits you will get if you choose Openprovider.
Becoming a domain reseller
Selling domains to companies and individuals is a highly profitable online business, because of the low investment and the high volume of sales it will bring. And you don’t have to become an accredited registrar yourself as there are reseller opportunities everywhere. Basically, any individual or company could become a reseller, but becoming a registrar will require a certain list of conditions and characteristics to be met. You’ll have to do it for every single extension and often this is a very long process. This is one of the many differences between resellers and registrars.
Let’s review the difference between a domain registrar and a domain reseller.
Registrars vs resellers
There are major differences between the registrars and resellers. The process of becoming an ICANN accredited registrar is very complex.It is known that this process may take a lot of time, money, and effort to meet the required standards. Having a complete development department that supports all sorts of backends of registries, keeps them updated and ensures they meet the requirements is necessary. You also have to prove your financial stability to ensure the risks of failure are very low, and show you have the adequate protection to react in case something doesn’t go as planned. Also, handling multiple connections is a complex process, taking into account there will be regular changes, as often as every week if you manage 175 accreditations or more, as we do. At Openprovider we take care of many tasks like this, so you can focus on your core business.
Besides, the whole process of ICANN accreditation requires several payments, starting with a non-refundable application fee of $3,500 followed by a $4,000 yearly fee, and a quarterly variable fee that goes up to a few thousand dollars per year. This fee will be paid year by year by all registrars as long as they want to be accredited. There are even more fees to pay, as you will also have to be accredited for ccTLDs and you will need to pre-fund many registries with a prepaid balance before even starting, and the amount isn’t small, as you will work with many different registries. It may take a lot of time to see the return of these investments. Let’s recall, these financial obligations are only for ICANN accreditation. You will face many more accreditations besides this one. In summary: If your volumes are low, becoming a registrar isn’t economically feasible for you.
It could take many weeks or even a few months to sort out all the contractual & financial obligations, on top of other administrative work. It could even take up to one year per registry. And then, you have to face the technical implementation, which takes a couple of weeks on average. Especially, because of the many different implementations you will have to go through. And last but not least, you will have to take care of many different invoices, balances, and points of contact with a wide variety of registries.
Becoming a reseller, on the other hand, means you can sell domains without having the drawback of going through a major and complex process that demands time, organization, and a high investment making it restrictive for many. You don’t have to be an ICANN accredited registrar to sell domains. This is where resellers and accredited registrars start working together. Even though our platform allows the managing of small volumes of domains, we can offer the best prices when buying in bulk. This means Openprovider is completely perfect for resellers.
The advantages and benefits of working with Openprovider
There are several reasons why you should work with Openprovider if you’re a domain reseller:
Domains at cost price
The price you see is the price we get. We don’t hide any fees or charge high fees after the first year. Besides, at Openprovider we work closely with domain registries to be able to get even more discounts, and this allows us to offer very competitive prices to our customers, especially to those who become our members. Also, our unique relationship with suppliers will help you get great prices, which will lead you to earn more profit in the long run. You will get the best prices through our membership plans.
Free DNS (and also free to choose how you use it)
Being able to effectively manage DNS is essential for domain resellers. Free DNS doesn’t only mean you won’t pay any price for it. It also means you’ll be able to administer it as you need, whether it is a backup for your own DNS, or to use it as your master DNS. You are free to choose.
If you’re already a reseller, you know that domain transfers could be tricky. While manually transferring is easy, but time consuming when managing large volumes of domains, automated transfers are more complex and will require a deep experience and knowledge of the obstacles that can be found throughout the process.
Each registrar and registry has its own requirements. It is essential to oversee the transfer process carefully. At Openprovider we have a wide experience in domain transfers. We will help you through the whole process of transferring your domains from other registrars, so you are able to manage them under only one control panel. And, while some registrars might apply an extra charge on portfolio transfers, we assure this won’t happen with us, as we won’t add any additional cost.
At Openprovider you can find a reliable team of experts who have worked in this industry for more than 16 years. This gives us the experience to help you sort out any barriers or complications. We also speak your language, as we are ready to answer your enquiries in English, Dutch, Spanish, Catalan, Arabic, and Russian.
Besides the opportunity of finding domains at cost price, we also roll over 70 domain promotions each month. We ensure you’re the first to know when prices are going to be favorable to your business, for your benefit and profit!
One-click setup with WHMCS
One big factor which will help you earn more time to focus on those tasks that bring you more benefits and earnings, is keeping all domains, products and services under the same platform. It is even more crucial when you have a multinational or international approach.
With an account at Openprovider you will be able to manage all your domains, SSL certificates and more products in one innovative control panel. Besides, you will be able to register, transfer and renew domains in bulk from the start through the Openprovider WHMCS module. WHMCS is one of the most used all-in-one and easy-to-use client management, billing and support solutions in industry. We also ensure it is easy to bulk import all our extensions and prices to your WHMCS.
These are only some of the benefits you’ll get when you choose Openprovider. If you’re ready to start, setting up with Openprovider is easy and quick.
How do I connect with Openprovider?
Connecting with your domain provider must be as smooth and easy as possible if you want to keep focusing on your business’s challenges. This is something we enable in Openprovider, as our plugins and apps grant you easy access to the products and services you provide your customers through only one platform, and our support team ensures you integrate your systems with ours as easy as possible for you. You save time and you gain money.
Connecting with Openprovider happens in only a few clicks. You just have to sign up for free to see our panel and you will be able to start selling.
If you’re planning to become a reseller soon, you might be interested in contacting our sales team to learn how we can solve your needs in the world of domain name registrations.