Finding the cheapest reseller hosting will let give you the best possible chance to earn a good amount of profit through the reselling of portions of a major web host's server capability allotment to third parties (your customers), or renting the space out.
But, the cheapest deal is NOT always the best, choosing a good partner is critical to your success...
In these types of business deals, resellers are responsible for any necessary communication between the server space renter and the original provider (web host). In other words, the reseller is the ‘middleman’ in this case, communicating between the customer and your primary host provider, and providing some service, although, in general, none of the technical behind the scenes service.
Adding Value (More Than Just Choosing The Cheapest Reseller Hosting Product)
In order to become successful as a reseller, you need to implement advertising measures that are expansive since the market between the hosting company and the reseller is getting smaller. In other words, customers need a good reason to buy or rent from you and not directly from the provider. What a good reseller needs to do, in order to win enough business is to add additional value.
For this reason you need to think of a good method of attracting customers and clients to you. Keep in mind that you need to ensure that you provide potential clients with a reason for patronizing your services -- graphic design work, or SEO services would be great examples of added value.
These are great ideas if you have been looking around for a way to make extra money on the side, and it's an especially good opportunity for bloggers (marketers, webmasters, and SEOs) who need a good amount of web hosting space anyway -- they have may have extra space they can sell to other end users.
In the past several years, reselling has been just as good a business as selling as the major web host provider. You will need some of the same marketing strategies that they employ (ads on Google, forums, Facebook, social media), making sure that you provide your customers with all the details of your service and a good reason to buy from you.
Providing Great Hosting By Choosing A Great Web Host Partner & Adding More Value
Having a great host server whose connection does not get interrupted is a great way to keep your customers. You can also offer money back guarantees for unsatisfied customers, which will generate even more clients.
This is because clients believe that a service which offers a money back guarantee will in no doubt instill confidence in potential clients that you are selling a service that you believe in.
With competition in this area of business becoming more and more competitive, it is important that you find ways to attract people to purchase this service from you rather than going anywhere else, be unique.
Getting Started Now
How do you offer cheap reseller hosting and get started?
Purchase hosting services from your provider (our best reseller hosting pick) and create a package price that is reasonable enough for you to attract enough customers and yet not so expensive as to limit the clients that you attract. Keep in mind that in these economically volatile times, it pays to know how to market your services effectively.