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One area of business opportunity that seems to have little competition at the present time is in the realm of domain management. There are people who make all of their money from owning hundreds of monetized sites, and – as you can imagine – managing the login and registration information for that many separate websites can be a nightmare. Anyone who can offer those people a one-stop shop for domain management tools and assistance is almost guaranteed to be onto a money-making proposition.
This is not the easiest of businesses to operate, but the potential can be staggering. Merely setting up and making available a website that serves as a third party management service for these folks will enable you to effectively become part of their team as you virtually assist them in managing their domain information.
Setting up a membership based site that offers a host of domain management capabilities may require you to seek the assistance of someone with technical abilities in that field, but that minor investment will be worth the expense with the acquisition of just a few clients.
You can even charge a respectable fee for this service, since you will be effectively saving these clients dozens or more hours worth of activity on each site. Just renewing the domains on several hundred or thousands of sites can be a nightmare for anyone trying to do it manually. One of the tools you can offer is an automatic renewal tool for their domains. Is there any doubt that the owners of these sites will be happy to pay for such a service.
As with most niche businesses, it is best to focus on the primary services you want to offer with your website, then branch out into other areas of expertise as your comfort level with the business rises. Even the basic services will be deemed worthy of a monthly fee since you will be saving the site owners an incredible amount of time and energy.
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