On the heels of our last blog artice titled ‘5 Biggest Advantages of Domain Reselling with ResellerClub’, here’s a follow-up on how you can maximize your domain reselling business. So, you’ve started a domain reselling business but not sure how to push it from good to great? In this article, we share with you our top 5 tips to make your domain reseller business highly profitable!
- Attractive Pricing: Attractive prices are a great way to boost sales however, you must choose a reseller plan that offers you domains at prices good enough for you to make a substantial profit margin when you resell these domains at a discount. It’s important to ask questions such as: How much will my customer be willing to pay? What price will give me the maximum profit? The answers to these will enable you to set a price.
- Promos & Offers: Offers are a good way to attract customers to buy from you. Discounts will boost your sales quickly. Give away discounts during festivals, occasions, milestones as a gratitude gesture towards your customers. Discounts also mean your customers can buy more number of domains from you thereby increasing your sales overall.
- Additional Benefits & Features: A customer is more likely to do business with you than with your competition if you offer additional features such as customer support, website hosting, website designing & more.
- Marketing Activities: It’s important to make use of everything at hand to market your brand including SEO, social media, online advertising, website advertising & offline marketing especially at web hosting events & conferences. This is a big opportunity for growth.
- Customer Satisfaction: This should be one of your top priorities if you want your customers coming back to do business with you. Ensure you give your customers the best experience by giving them quality products, great prices & support. ALWAYS respond to your customers especially on social media so they know they’re not ignored.
Try out these tricks & let us know how they work for you. And, if you have some tips, do share it in the comments below! To know more about domain reselling with ResellerClub, click here.