IntoTheLight
Level 1
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We all know what reseller word mean, and we also know that reselling it’s a profitable business same as selling. Now, these last days I’ve been thinking to set up something new, actually I wanted to expand my services and to experiment a little with some new services, with “experiment” I want to say that I’m thinking to set up some new services more for testing purpose in sense that I need to see how it goes, it could be a fail or success, but without trying it’s hard to say, right now it’s just an idea.
They both could be very profitable, I’m not afraid of starting or managing it as a business as I’ve enough knowledge I think, but the only fear is that as any other business in the beginning you have to make some investments to put it alive, and another thing that is stopping me is that I don’t have enough time.
Have you ever tried to resell one of those two services?
What are your thoughts on this?
All your opinions are valuable…
I would go with both services but are you sure that you have the necessary resources to transform it in a viable business?
[quote]I would go with both services but are you sure that you have the necessary resources to transform it in a viable business?[/quote]
Yeah, I'll just go ahead and sell both services, because you can't have one without the other. Plus, you're saving future potential customers time by having the two services in one place. The only issue is, is those giant competitors. What will make your business better? Why would customers go to your website to purchase domains and hosting? You need to form a business model before you get started and find out what those other providers don't have that you can add.
Not only that you need to think about server costs, and how much profit you'll actually make. Do you think you would be able to cover your monthly expenses? Just some things to focus on. Good luck with whatever you do though. :)
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RaduV
I am talking about TIME, MONEY and KNOWLEDGE (here you've got it covered). I am sure that you will have to deal with a lot of newbie customers that will require assistance for any problem. A while ago I had bought my host from HostGator and my domains from Namecheap and GoDaddy and I can assure you that for any minor task, I was calling the Support. I was a pain in the XXX and I realise now what a time consuming task it is for the clerks working there to sit and fix everybody's problems. Well you might give it a try. In any new endeavour you have to take a leap of faith and give it your best. I would go with both services but are you sure that you have the necessary resources to transform it in a viable business? I am talking about TIME, MONEY and KNOWLEDGE (here you've got it covered). I am sure that you will have to deal with a lot of newbie customers that will require assistance for any problem. A while ago I had bought my host from HostGator and my domains from Namecheap and GoDaddy and I can assure you that for any minor task, I was calling the Support. I was a pain in the XXX and I realise now what a time consuming task it is for the clerks working there to sit and fix everybody's problems.
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