Web hosting can be quite a lucrative and profitable business if one is aware of the technicalities and its various aspects. A fair amount of hosting knowledge and basic business acumen can further boost one’s hosting business. The only resistance that a novice hosting provider may face is the stiff competition in the industry. But with consistent efforts and the right skills and marketing strategies; the money should start pouring in and henceforth the graph should only be looking up. If the hosting provider is an e-commerce enthusiast, then the hosting business can prove to be an exciting opportunity.
A fair amount of investment, technical skills, knowledge of the industry and the passion to succeed are the prerequisites and if these are well in place, establishing and growing your hosting business can prove to be quite exciting.
The hosting provider should however have the following things in place and be prepared to invest in:
o Control Panel License
o Dedicated Server
o Website Development
o Billing Software License
o Staff including skilled technicians
The above would constitute your initial investment and these are indispensable for a quality hosting company. With the right marketing and business strategies in place, the profits should start pouring in fast. Another very important thing to consider is a company or personal bank account, contact number and information as well as a credit/debit card. You would need these in order to establish a legitimate hosting company. In other words, in order to validate the legitimacy of your hosting company, the above documents and/or information naturally becomes imperative.
Let us now touch upon the pricing and respective hosting packages. Dedicated hosting is not really cheap and most of the hosting providers offer dedicated hosting at higher prices. You should consider offering affordable pricing structures without compromising on quality and services. If you just starting out as a web host, it is only wise not to overstep your boundaries by overspending on server that costs you $400 per month. Also, take into account that as a web host provider, you would have a considerable amount of resources in terms of bandwidth, technical expertise, server management skills, disk space and various other resources that are vital in the growth and sustenance of your web hosting business.
Most importantly, with the right marketing strategies and offers, your hosting business is bound to grow and flourish.