I have developed a <domaining related product/service>. What I am trying to figure out, is the best way to monetize it.
Here are my options (feel free to point out others!).
1. Affiliate links. Users would use my search service then move on to register elsewhere. Pros: simple to setup, no cash needed. Cons: Limited revenue possibility.
2. My own registrar. Either as a white label solution or the full monty. Pros: Big (recurring) revenue potential. Cons: Significant capital outlay required.
For number 1, is it possible to make really decent income this way? ie Five figures or more per month?
For number 2, is it feasible to start as a white label registrar and grow into the real deal? Would you be able to take your customers with you? Is the slightly better cut (vs affiliate route) worth all the headaches? What are the other pros and cons?
[edited by: Webwork at 9:06 pm (utc) on Dec. 4, 2008] [edit reason] Per Charter and see stickymail [/edit]
I guess "limited revenue possibility" should actually read "not as big a revenue possibility as the other option" :-)
Your tone suggests to me I'm off base in thinking this couldn't be a significant revenue generator. That's good news!
The only data point (somewhat anecdotal) I have on this is of an acquaintance who runs a service that could be considered parallel/similar. He uses domain affiliate links and makes some decent money but nothing spectacular.