I am starting a business right now and am experienced in the hosting industry. What is the best host to sell compeptitive plans and maximize profitability. Price does not matter.

Thanks

I don't quite get your question, what do you mean with the best host to sell competetitive plans and maximise profitibility? Do you need to know about good hosts that sell competitive plans, and how to maximize profitibility?

Why is it all these startups want to become super rich overnight? I'm sorry but it doesn't work like that. Profits are the last thing you should be thinking about.

Originally posted by coight
...Profits are the last thing you should be thinking about.


:eek:

Originally posted by coight
Why is it all these startups want to become super rich overnight? I'm sorry but it doesn't work like that. Profits are the last thing you should be thinking about.

very true... profits should be thought about, but getting a name for yourself etc is alot more important. You need to put more effort into the foundation before worrying about profits, profits will come from there.

Originally posted by coight
Why is it all these startups want to become super rich overnight? I'm sorry but it doesn't work like that. Profits are the last thing you should be thinking about.

It's a shame more people don't realize that.

Originally posted by coight
Why is it all these startups want to become super rich overnight? I'm sorry but it doesn't work like that. Profits are the last thing you should be thinking about.

I would disagree with this, profits are important and (my opinion) are best calculated using a long term sustainable business plan to ensure reasonable profits and client satisfaction

It's better to build up a good reputation while making sure you can cover your expenses. That way you will at least not lose any money, but you will still lose valuable time and effort. But in the long run I believe it's worth it.

You need to be careful to choose a good host that has excellent support. If you go on price alone you will end up dead in the water at some point due to their focus on lowest cost and therefore lowest support allotted to that cost.

Remember it doesn't matter how cheap it is if it doesn't run. Your 'profit' will depend on it.

Second, if you plan on selling based on lowest price you will probably not make it very long. The web hosting industry has become a commodity market and there are a lot of '1.99 a year, unlimited bandwidth, unlimited storage' places out there (don't get me started on that topic).

Your best bet is to start a reputable company, provide top notch service, answer the phones when clients call with a problem, and help them in every way possible. Find a niche market to serve and serve it as best as possible with a price point that makes you profitable. You do that and you will grow a nice business that makes you the most profit.

Other items you need: business plan, marketing plan, budget, plans for growth, exit strategy (for both good and bad scenarios), and much more.

Originally posted by sjcnetworks
I am starting a business right now and am experienced in the hosting industry. What is the best host to sell compeptitive plans and maximize profitability. Price does not matter.

Thanks

Now now, your statement is heavily contradicting.

You said you are an experienced player in hosting industry hence you are asking about the "best" host?

:eek:

Originally posted by SeanIM
:eek:

Guess your out for profits then? Webhosting is not an industry you can make a quick buck in. Spend some money getting everything in your business setup correctly (provided your in it for the long haul) as I said profits are the last thing a new webhost should be worrying about.

As Robert said, profits are the last thing you really want to worry about. With a solid business plan, proper planning and management the profits will come. Work on the things that will help you build a stable, reliable business in the long run.

Originally posted by coight
Guess your out for profits then? Webhosting is not an industry you can make a quick buck in. Spend some money getting everything in your business setup correctly (provided your in it for the long haul) as I said profits are the last thing a new webhost should be worrying about.


I guess I'd like to hear Bill Gates on whether profit or market share were anything to be concerned with...


Of course service and product are important, you have to have something decent to sell, but in the end, the one that wins is the one with the deepest pockets to market their product/service...


I do get the jist of this thread, don't get me wrong, but I also find that statement of profits being such an 'afterthought' as shocking...

Originally posted by SeanIM
I guess I'd like to hear Bill Gates on whether profit or market share were anything to be concerned with...


Of course service and product are important, you have to have something decent to sell, but in the end, the one that wins is the one with the deepest pockets to market their product/service...


I do get the jist of this thread, don't get me wrong, but I also find that statement of profits being such an 'afterthought' as shocking...

Profits are sought after once the company is established and stable.

Too often, people equate profits with their wage/earnings. Your personal wage/salary from your company is actually considered an expense, so 'profits' are whatever extra your company makes on top of all of your expenses, including payroll.

Profits should be sought after, and maximized, but your first goal is to create a stable company that will support itself in the long haul. The goal is to create a recurring revenue stream that covers all of your expenses. Once you have that, then you can actively seek profits.

Originally posted by SeanIM
I guess I'd like to hear Bill Gates on whether profit or market share were anything to be concerned with...


His father bought microsoft for Gates when he was in High School. Now that they are established I'm sure the only think feeding him is how much money he is making.

People need to spend money to make money. If people new to this industry are expecting to make a profit from the start then they are clearly mistaken. Setting up a webhosting business costs money, involves research etc. Your business plan can include forecasts of what you project your profit to be however thinking about profits first and foremost will mean that your either not in it for the long haul or will run a half arsed service and your customers will notice.

You see these new companies daily asking for free this and free that, theirs no such thing as free and if your starting up a business be prepared to outlay some initial cash to set yourself up. Then concentrate on advertising/marketing, then offer your customers good service/support and keep them happy. Once that is done and your paying off or payed off the debt you made once you outlayed your cash you can start looking at those projections in your business plan.

I do not see a problem with any post! Profit is what we are all after. But it differs from someone who wants to make some profit and then think of something else (maybe microsoft shares) ignoring the client he made and going out of business (like so many people did before) and some one who really wants to be in this business.

If you want to be in business, try the support of each provider that you choose first. Try it for a week asking for different stuff.

People need to spend money to make money. If people new to this industry are expecting to make a profit from the start then they are clearly mistaken. Setting up a webhosting business costs money, involves research etc.
I agree 100%...especially in this business. Your answer can also be applied to the original question of what reseller plan offers the quickest returns. A small cheap reseller plan is probably going to give you a quicker profit because it takes less time to break even. This isn't to say you should go with the "cheapest" plan you can find. It's just to say that if you don't want to be in the red very long then start small and build up.

Originally posted by sjcnetworks
I am starting a business right now and am experienced in the hosting industry. What is the best host to sell compeptitive plans and maximize profitability. Price does not matter.

Thanks
As far as competitive plans and maximizing profitability, one thing to think about is whether to use an account that provides the "Allocated Method" or "Actual Use Method" for a Reseller account. There is a Basic Definition (http://www.webhostingtalk.com/showthread.php?s=&postid=2085239#post2085239) to help one understand the difference between the two.

If you prefer the "Allocated Method" you would need a Reseller account with lots of Web space & Data transfer.

If you prefer the "Actual Use Method" you do not need as much.


Once you know which method you prefer you and along with what others have posted on checking into Service & Support provided, it will help one to know what questions, specifically, to ask of potential Hosters.