Domain reselling is one of the most popular commercial opportunities available today. Though the income opportunities are high, the competition too is high and you need to take some strategic measures. The best approach to start your own domain business is to join a reputed domain ad hosting company as a reseller. Apart from offering you the natural benefit of branding, it also allows you to take a cost effective apricot start your own business. However, the million dollars question remains- how to boost up my domain business. Here are a few tips that should help:
Keep the price tags low
We cannot underestimate the indispensable role played by the price tag. While the quality performance service and other aspects of your packages will be reviewed by once the client purchases your product, an affordable price tag can instantly attract the clients to buy your packages, or at least think seriously about it. The challenge is to keep the prices affordable without compromising unreasonably with your profit margin. One of the best way for ensuring that is to go for the volume based pricing. Charging less for the higher volume will encourage the clients to go for the higher plans and allow you to earn more revenue based on the sales volume even while you keep the costs under control.
Offer periodical benefits
Offering attractive [periodical discounts and attractive scheme to your clients is one of the best ways to attract more conversions. Offering discounts the special occasions and festival make them appealing and enhance their impact. It is also perfectly alright to offer the discounts even without any occasion or reason. Being unpredictable does add a distinct character to your discount offers while at the same time prompting the people to stay connected with you to find out any “sudden luck”. You should also find the best ways to offer the bundled schemes like domain + hosting packages for keeping the things under control
Do the things in a better way
There are some special benefits and advantages that can allow you carve a distinct niche for you and leave a positive impact on your clients. Instead of dreaming to add something innovative, you can ask yourself how you can do the same things in a better way. That could set you apart from your closest competitors. For example, you can offer your clients better after sales service and prompt, precise support that matters a lot in any subscription based service. But you can even go a bit further. You can periodically contact your clients to get their feedback and invite their suggestions on how can you serve them in a better way. You can also personalize your plans to offer your clients a series of discounts and schemes on the special occasions and key phases of their journey. Giving them an attractive discount on their birthday or offering them a free security license on the anniversary of their e-commerce business can establish strong relations between you and your clients.
Sell associated services
The clients who purchase a domain name and hosting plans are most likely going to need services like website designing, development, and SEO. Adding such services to your packages can not only enhance your revenue but also give your clients the convenience to buy almost all of their digital products from a single provider (That is YOU!). However, you should avoid any hasty steps. The best thing is to add one service at a time, manage it really well and develop it to become a success- before you decide to add another service. In this way, you will not just be another provider offering a mixture of everything but a well-established multi-seller who offers the quality services that people can rely upon.