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There are plenty of peoples who domain names in bulk because they are either involved in so many business, or they want to protect their names from cyber squatters.But some of the people who love this feature a lot, and they will not intend to use it, but which they just buy and selling them later.
Cheaper rates per each domain name. I believe that is only one profit here.
domain registration in bulk is very convenient in form of cost.though not all the companies would consider that especially them that are new in the market because the are much after the profit and not their customers.