You
will find in one of our previous blog posts that we had discussed
about reselling and its benefits. In this article we are going to
have a brief discussion about domain resellers and what the whole
process is really about and how they go about making money and
bridging the gap between registrants and registrars. A reseller is
usually an individual who purchases and buys stocks, goods, units or
services with the intention of reselling them to individuals or
companies who possess the need for such. They do not consume the
resources themselves but sells the individual slots to increase
profit margin and occurs when individuals or companies want to
maximise units and want to pay less. Just as sms reselling is a
lucrative business, domain reselling is also beneficial for both
parties. They help to bridge the gap between people who want to
launch their own web portal and people who are certified in doing so.
Low cost domain reseller
are usually a company or can even be an individual who has acquired a
large number of domain names from an ICANN authorised company. They
may purchase domains in bulk from a certified company at a wholesale
rate. Then they can sell it to individuals or companies who have need
for such. They usually charge a higher price per name which does not
matter in case of the consumer as they usually get their needs
fulfilled. This comes in very useful when the consumer has a
requirement for a domain name. These resellers also help in
conducting panels for auctions such as domain auctions or even
conduct events to invest in their names. Investors and other
interested persons can engage in a domain reselling auction or
program and can a choose their specific name from their favourite
internet service provider or a popular web hosting portal. They can
register their domain names according to their wish and can also get
help in launching their web portal. Sometimes these resellers
purchase second hand domains which can come in very useful as the
past owner might have generated a lot of traffic. Therefore existing
viewers can always come back to check out the renovated website which
will prove useful for the new owner.
Domain
auctions are profitable for the resellers and the customers as
domains with lucrative names fetch a better price. Also the domain
which is popular will generate more traffic which will be beneficial
for the customer. Domain resellers have emerged as one of the leading
marketers and auctioneers of domains both new and used. The e sector
is highly saturated and more and more people are opting for online
services. Domain resellers and individuals are also responsible for a
list of web hosting and web launching services only if they are
accredited to ICANN directly. The whole process of e sector reselling
and managing marginal units in order to establish a loyal and solid
client base in which both parties will benefit is a symbiotic
relationship and thus more people are opting to become resellers or
choosing domains from resellers.
You can
also read - Domain Name Registration For Exposure in Virtual Space
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