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My method to make money online, i would like to ask you guys: what u think about?

Discussion in 'Making Money' started by kolomp, Oct 25, 2015.

  1. kolomp

    kolomp Newbie

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    Occupation:
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    Hi, my name is David!

    Im here on BHw for long, but not so often, becouse i work on full time, and part time im an entrepreneur, and helping with my fathers business too and others, so i have little free time, but in these times i try to learn everything what i can from here, and everywhere. But its not important the "about me" section now :)
    (sorry if my english is bad, this is not my mother language, i try to be my best!)

    On this weekend i got an idea, i just would like to ask you what u think about it, or maybe have an tips or tricks from some experienced people here. :)

    My idea:

    Long ago i bought an hostgator hosting. It has unlimited space and unlimited domains i can place on it. This costs me 14.99 $ / month
    (i placed some of my test websites to try some stuff learned from here, but that will be an other thread :) )

    I plan to make a website, where i will sell somekind of "free website builder" offer, BUT!
    I give the costumer his OWN domain name (not something like this: wwwDOTmydomainDOTbusinessdomainDOTcom etc), a hosting (on my already have hosting i can place) and install wordpress (or joomla or whatever he/she wants!)
    And he can use an FULLY functional wordpress (or other) can use all plugins or everything on it. For a monthly fee, like 10 $ / month.
    In my country (i live in Hungary) but i think all around the world we can find offers like this, low price and "do it yourself" site for show your business, etc. But all of the offers you the shit like domain names and an programmed "free site builder" where you can choose from 10-20 templates and plugins, thats all...
    In my offer, you can use a totally functional Wordpress or everything with a unique domain name.

    About the hosting i dont want to sell for sure "unlimited" offers from this. Maybe maximalize it on 50 offer (this can make 50*10$=500$ / month)
    Or maybe 100 offer on max. If its working im sure to buy other Hosting and do it again, so it can grow up. :) But this is the far future.
    And the space can be maximalized too like 500 Mb or 1 Gb / offer.

    The promotion method:

    - I would like to use Google Adwords, first with coupons for sure. It becouse of my low budget too, and try to make it as low as i can.
    So this costs me around ~20 $ (this is the minimum deposit in my country to activate AdWords coupons).
    - I will go in facebook groups (i can find many where everyone one can promote everything, business or cloths to sell etc) and make some nice promotional pictures (i learned some photoshop so i can make some cool graphic :) ) This costs: 0 $ For me.

    The costs of this method:

    Hosting : 14.99 $ / month
    Domain names (for the costumers) : 1-2 $ with coupons
    AdWords: 20 $
    Facebook Groups: 0 $

    (Iwe seen a lot small business who make this, they dont want to pay for a 3-500 $ for a website, they just do this for lower price on a "free website builder" and pay monthly for service like this. Thats why i start to think about all this.)
    But i think my offer is much different and can give much more then the other sites who offer this (just i wrote it above).

    So, what u guys think? It can work? Any tip or some good idea, any experience what can be usefull for this method?

    Thank you in anticipation!
    Have a nice day all!
     
  2. nikiobicata

    nikiobicata Regular Member

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    To recap your post:

    1. Build websites for small business
    2. Promote with google adword
    3. Profit

    Your idea is not new but has great potential if you can find clients. The problem is all small businesses want to have "something" on the web and most of them don't want to pay monthly fee for static website. Offer them subscription or flat fee for website.
     
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  3. plut0

    plut0 Regular Member

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    Since you target non savvy ppl. Better to market your business offline. Real one to one customer, try to give solution on their internet presence problem. would grab more money!
     
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  4. guruprasath

    guruprasath Newbie

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    I want to say this $14 hosting unlimited does not include selling subdomains to others. Infact its not unlimited its told for marketing purpose. You must buy a private VPS for this buissness.
     
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  5. UptonGoodwin

    UptonGoodwin Power Member

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    Indeed the $14/month hosting is not RESELLER hosting, aka you can't resell your hosting to other people. The way you are doing it now, some smart guy will just hack all the wordpress sites you are hosting and cause you a lot of issues.

    As soon as your websites start using a lot of resources/getting a lot of traffic, HostGator is going to tell you that you need to upgrade to a better hosting plan.
     
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  6. kolomp

    kolomp Newbie

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    Thx for you fast reaction! :)

    Okey, so this hosting is really not a reseller, but i just do the same like i place 30-40 of my own websites on it, but they are not my websites. That was the simple plan. And if this works, then sure i would upgrade it to bigger hosting plan or buy an private VPS.
    But what UptonGoodwin said about the smart guy who can hack all the sites, yes, i dont think about that too much. :S
    I read a few article about WP and many of them said that the wordpress sites have not too much security, is there any good way to make them realy secure? (this is just an side question :) )

    And thats good if you guys say this can have some potential!
    I will soften my plan! :)
     
  7. Dilettante

    Dilettante Power Member

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    Hello,

    just an idea like that: why don't you sell seo or writing services too? You have customers who have a new website, so they will need content and seo. You aren't obligated to know seo or writing, you can find good providers here.
     
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  8. kolomp

    kolomp Newbie

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    Thanks for all your tips and answers!
    I will replan my idea and at january we will start in my country! :)
    Thanks again!
     
  9. shesthere

    shesthere Newbie

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    Szia David

    Gonna backup what plut0 mentioned earlier, start offline.
    Quite sure you could pull a nice little profit on initial sales. Don't forget that there's a lot of money in upselling as well.
    The method/idea is fairly basic but there's a lot of room to automate and scale things.
    Also get yourself a vps (possibly a dedi later on), will safe you a ton of headaches down the line.