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Hot Business Idea

 

E-book Publisher

 E-Books are big business on the Internet these days. If you are not familiar with e-books, they are simply books (usually less content than a printed book) that are available for immediate download after purchase from a website. E-books are great because they are easy to create, free to distribute and have a high profit margin. 

 

 
         

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WEBSITE HOSTING BUSINESS

Category Name:
E-Commerce
Start Up Costs:
$1,001 - $5,000
Operating Costs:
$501 - $1K / month
Estimated Income:
$5K - $10K / month
Time Requirements:
60 hr/week
Weather (climate):
All
Population Size:
0 - 2,000+
Type of Location:
Office
Legal Entity:
None
Skill Level:
None
Employees:
1-5
Business Description:
  There are more than 300,000 domain names registered each day of the year worldwide. This means there are 300,000 new websites being built each day, all of which need a website host to store their files. As a website hosting company, you will be responsible for storing customers' files on a server that you manage. You will have to setup new accounts, perform maintenance to the server to maintain fast speeds and security of the files you are storing. In exchange for your work, people will pay you a recurring monthly fee for your service.

  This industry, although highly competitive, is extremely profitable. You main expenses will be buying servers, bandwidth and customer service help. This can seem like a large upfront expense, but the payoff can be great. The beauty about being a website host is the recurring income. Once you get a customer, they usually stick with you for a while, assuming your service is reliable and have good support. So, if you charge $10 per month to host a website, that one customer is worth $120 per year to you. They may stay with you for 10 years for all you know. As you get new customers, the income just builds and builds. There is a huge website hosting company out there right now called IPowerWeb.com that boasts over 200,000 clients. They charge $7.95 per month, so with 200,000 paying members, they are making about $1.59 million PER MONTH! Told you this is a profitable market.

  If you do not have the set up costs involved in purchasing your own servers you can purchase a reseller account from a large web hosting company. They charge a flat monthly fee for an unlimited amount of Web Space. To find out more contact me tony@topbusinessideas.com   for more details.

  Since this is so profitable, there is obviously tons of competition. This is the major road block for start ups in this industry. You won't have the reputation of providing good service or the stability of hosting sites for years at a time. You have to start somewhere, so by one customer at a time, you can build yourself into a wealthy and profitable company. Even at just 1,000 members, you would be making almost $8,000 per month with a $7.95 hosting plan.

  To advertise this kind of business, you will need to market online as well as locally. Placing an ad in your yellow pages is a good start. Partnering with local web design companies is a good way of getting new clients. Many times web developers leave the hosting requirements up to their clients to find on their own. This way they can refer people to you instead. The key here is stick to it and give a quality product. People will depend on you to keep their websites up and running. Many people may be using their website as a business, so you have to do whatever you can to keep your customers' sites up.

Learn How To Build A Website


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