The demand for websites is on the rise consistently for the past few years. But it has skyrocketed in the past few months as the entire world was locked down. People set up new blogs, and businesses acquired new websites. Hosting in India and worldwide is booming right now. It is the perfect time for web developers to set up their own web hosting business and get a piece of that pie.
Reseller Hosting is the easiest way for web developers to set up their own web hosting business. When a web developer becomes a Hosting Reseller, it gives them an additional revenue stream and also adds to their portfolio of services. They can create custom Reseller Hosting plans to differentiate their offerings from others.
Here’s a handy guide for web developers to set up a profitable Reseller Web Hosting business.
- Do your research
Well begun is half done, and it is true for Reseller Hosting business as well. The very first thing you must do is to research the market thoroughly to check out the competition and get acquainted with the latest market trends. It will equip you with all the crucial information to get started.
- Choose your reseller and hosting plan
The next step would be to search for a reliable web hosting company that offers Reseller Hosting plans. Make sure to check for their reliability before signing on. Select your Reseller Hosting account as per your business needs, and one which offers you the best value for your money. E.g. Linux Reseller Web Hosting is cheaper than its Windows counterpart.
- Register your domain name
Your domain name will be your business’ identity online. Register a domain name that matches your web development business name. It will help you market your business better and give it an aura of credibility. Your potential customers will find it easier to identify it with your business.
- Determine your pricing
Getting the pricing right is crucial for the success of your business. If you price it too high, it won’t sell. If you sell it for too low, you may end up losing your profits. Analyse the market to come up with a balanced pricing strategy. You can even bundle design and development services with your hosting plans, and create one-stop bucket plans for your clients.
- Create your hosting packages
Reseller Hosting offers one crucial advantage over traditional hosting, that of customised hosting packages. Create customised hosting packages as per your client’s needs rather than having a one-plan-fits-all strategy. Use WHM to create new packages and cPanel accounts for your customers.
- Set up accounting and billing
Perhaps the most important part of setting up any business is setting up its accounting and billing system. Use a reliable system that can automate crucial tasks for you. WHMCS is a versatile billing system that can generate invoices automatically, send them out to the right customers and even keep track of payments. Invest in a trusted payment gateway to handle all the payments.
These steps will help you set up your own Reseller Hosting business in a systematic way. It is now time for you to take that crucial first step and start maximising your profits.