Joining Domain Cost Club for Income
Domain Cost Club is a company that sells web domain names to their members using special at-cost registrations, renewals, and transfers pricing.
Basically you become a member (free 30 day trial, annual $99, lifetime $499), and this allows you to buy domain names via the club, using this very special pricing.
Godaddy have a similar pricing model for their discount club. I compared their pricing a few months ago and found Domain Cost Club pricing to be better. You can see that article here.
Domain Cost Club have added neat enhancements
Since I wrote that article, Domain Cost Club have added a few neat enhancements.
Domain Cost Club now have a free 30 day trial, when you upgrade to paid annual membership, you can get up to and including 3 free domain names in selected extension names. At the time of writing this, dot com is one of these along with a number of the existing extension names.
Domain Cost Club members who refer others to Domain Cost Club get paid when their referrals purchase Domain Cost Club Membership packages. Domain Cost Club use Multi-Level Marketing (MLM) as a method to get their offerings in front of people. Sometimes people will say direct selling or network marketing.
MLM and no real productive work results in little or no income
MLM in my opinion, has a lot of scope however it suffers from a not so good image. People sometimes get involved with a MLM, do little or no real productive work and as a result, no sales are generated by them or their team if they have built one. No sales means no income. Full stop.
MLM and growth potential
I recently read in Forbes an article saying that MLM is ready for a lot of growth which I loved. Becoming successful in any human endeavour has a lot to do with mental prepareness, training, education, attitude, aptitude and psychology along with I am sure, other factors. This is also the case with MLM. If your earlier experiences were not as successful as you would have liked, I would suggest that you identify why, so that you learn something useful from your earlier experience.
One estimate out there is that half of all baby boomers are interested in starting a business, rather than retiring is something I find interesting. This potentially sets a very interesting scene and has the potential to be a big wave especially if you are positioned correctly before the wave starts.
I read that the average 50 year old has less than $50,000 in retirement savings. This means that they need to look at generating additional retirement savings from now to retirement. They may also need to look at the option of working during retirement, and this option in the traditional corporate world may not be available.
Also a number of current baby boomers are not impressed with their current corporate careers. They are tired out from years doing the corporate thing assuming that they have not being affected by corporate events.
When beginning to look around for different options, starting a traditional business with bricks and mortor involves considerable investments of time and money with no guarantee of success. Likewise starting a franchise also involves considerable investments of time and money with no guarantee of success. For instance, the total startup costs get to franchisee rights with McDonald’s and open just one new outlet in the United Status of America would cost between $900,000 and $2,300,000. And again, there is no guarantee of success. Having a franchise may also mean that you have to do things in certain ways, and if you are creative, this may not suit you.
One option that really stands out is MLM. In a number of cases, you can start a MLM for very little money, no where near the $900,00 to $2,300,000 just mentioned for a McDonald’s in the USA.
Some MLMs involve a monthly commitment to buying stock that you may not resell. I am not in the business of building up unwanted stock that I would need to store somewhere. The unwanted stock would also need to be funded by me upfront. No, that approach is not for me. I assume you too wouldn’t want to fund and store unwanted stock.
No need to buy stock
With Domain Cost Club, there is no commitment to buying stock. You buy a membership which allows you to buy domains via the club using at-cost pricing and you then have the right to refer others to the club and get paid when you sell memberships assuming your membership is still active. You can sell memberships globally, all from the comfort of where you have your internet connection.
My Domain Cost Club experience
I have been with Domain Cost Club almost a year now. About 4 months in, I upgraded to Chartered lifetime membership because I was and am still happy with them. I have contacted their support team on a number of occasions and find them helpful. They also respond in a timely manner on each occassion, so no worries there.
I also find that the Domain Cost Club membership area easy to work with, along with the area where domain names are managed. Compared to my last domain name supplier, doing what I need to with my domains inside of Domain Cost Club is very easy. Also Domain Cost Club do not change me any additional monies for domain name privacy. With my last domain name supplier this was costing me $7.95 per domain name per year.
So yes, I find Domain Cost Club easy to work with.
Read my review about Domain Cost Club
I am a big fan of Domain Cost Club. If you are interested in becoming involved in the huge domain name business and would like to work from home and vacation anywhere, this could be ideal for you.
Domain Cost Club Members with a paid up membership (Currently $99 per year, or $499 for life) can earn referrals when people they refer purchase Domain Cost Club Memberships.
This is a low cost entry route into starting your own internet based business, compared to starting up say a McDonald’s franchise in the United States of America. You can read my review of Domain Cost Club here.
Try out Domain Cost Club Yourself with a free 30 day trial
Also they now have the option to try out a free 30 day trial with them and if you upgrade to a paid membership, they will cover the cost of up to 3 new domain names in selected domain name extensions for the first year, and dot com is included in that list, which is a great offer. They only introduced this neat new enhancement recently, based on feedback from the membership. You can find out more by clicking here.
Let me know if you have any applicable thoughts on this great subject by leaving your applicable thoughts below. Many thanks.