Wanted some advice on starting Domain reselling biz

[sriram]

Hi friends,
I've been reading the posts for a while in the forum.I'm a student from INDIA and i want to start my domain reselling business.
I wanted some advice on that like which registrar to choose, what all are the costs i incure? Which payment processor to use?
Mainly i want to sell domain names to individuals and to resellers with a competetive price.
I've made some research and i've found enom and directi.com.(if u know anyother registrar who offer almost same price,please do suggest)
Which one is better?
I found a post on ebay for enom $6.95 reseller account:


http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=11153&item=3096381154



Shall i buy this? is it a good deal.He claims to be a direct ETP.If i buy this $6.95 enom account from him or someone, is there anyother deposit or yearly fees i'll have to pay ?
And from this account can i create $6.95 sub-reseller accounts under me?
In enom, from this account, what is the minimum amount for which i can sell the domains? I read somewhere that i can't sell domains for less than $8.95. Is it true?

Any other $6.95 (or less) enom account offers from direct ETP are welcome.Please PM me.

Anyother advice on this business is also welcome.
Thank you in advance!

[frattay22]

sriram,

Looks like you are on the right track, I can't explain everything cause I don't now everything about ETP with enom. I think you have to fill your account at least 100 dollars to start selling. That just might be with the reseller account etc... so lets say you have your ETP and you create 10 reseller accounts at 7dollars a pop etc... those 10 account would have to fill their own Reseller account 100 dollars before they can start reselling. hope that makes a little sense. Best of luck