Every Entrepreneur wants to know how much money it’s going to take to make money.
When I ran the IMGrind Discussion forum it was actually one of my top questions:
“How much do I have to spend to make $100 per day.”
With Reseller hosting this is a great question and a much easier one to answer.
Our most popular package is the Corporate Reseller with the following features:
- 100GB SSD Space
- 2,000GB Bandwidth
- Unlimited Accounts
- Non-Branded WHMCS License
- Dedicated IP Address
- Free & Auto SSL
- Private Name Servers
The cost is $39.95/month or $1.28 per day.
Basically you have to make $2.56 per day for 100% ROI
So for you to break even you have to make at least $1.28 per day and for 100% ROI you have to double it at $2.56 per day.
Any Entrepreneur can see this a tremendous ROI advantage!
So let’s say you charge the average customer $29.95/month for web hosting (this would be the average going rate if you are doing local web hosting).
It would only take one customer to put you close to break even and two to start making a profit.
2 Customers @ $29.95/mo each – $59.90
Name Hero Corporate Reseller – $39.95
Net Profit: $19.95/Month – 50% ROI
It doesn’t take much money to make money with Reseller Hosting!
I love this because I feel like it brings in Entrepreneurs of all ages from around the world!
Because of the low barrier to entry, reseller hosting also makes for a very nice “part-time” income to many web developers. Since they just have to have a couple of clients to start profiting, it’s an excellent way to earn income passively.
But going back to my question above, what do you need to make that $100 profit a day?
How To Make $100 Profit A Day With Reseller Hosting
$100 a day profit seems like a lot to those just getting started, but since you’re breaking even with two customers at $29.95/mo each, what do you have to do to reach that level?
If you’re charging $29.95/month it would take 4 signups a day to generate $119.80, well over $100 profit a day.
Living in Kansas City, this wouldn’t be that hard to get.
First, I would get on YellowPages.com and start looking at services such as plumbing.
If it was me, I’d call everyone of them that aren’t mobile optimized and tell them if they sign-up for my monthly web hosting ($29.95/mo) I’d optimize it for free (up to 5 pages).
I would then hit them on an up-sell to re-develop their entire website and offer something crazy like a 50% off coupon.
Web Hosting Is Recurring
Even if you don’t get 4 new customers everyday you have to remember your existing ones are going to continue to bill.
So if I am able to signup just 1 new customer a day, it would take me 4 months to have an average profit of $100 a day or $3,000 a month. That’s not millions, but it’s certainly a start!
Me personally, that’s the most attractive thing about selling web hosting. It’s not a one-time charge. It’s on-going. Think how big your business will be in a decade!
Even if you don’t get them all in a week, you will gain this number in time!
Long Term Profits
For the last decade, I’ve made the bulk of my income on recurring revenue.
I spent sometime in the affiliate marketing industry promoting other people’s products, and while I made a lot of money fast, I’ve always slept much better at night knowing I have multiple customers paying multiple recurring billing.
In my opinion it’s very easy to make $100 a day with Reseller hosting, you just have to go out and get the business.
Make sure to checkout my Free Resell Hero eBook for more tips!
Ryan Gray is the founder and CEO of NameHero, one of the fastest growing independent web hosts in the United States. Ryan has been working online since 1998 and has over two-decades experience in Internet Entrepreneurship.