{"id":57909,"date":"2020-11-06T12:30:29","date_gmt":"2020-11-06T18:30:29","guid":{"rendered":"https:\/\/blog.cpanel.com\/?p=57909"},"modified":"2020-11-06T12:30:29","modified_gmt":"2020-11-06T18:30:29","slug":"5-ways-to-grow-your-hosting-business-online","status":"publish","type":"post","link":"https:\/\/devel.www.cpanel.net\/blog\/tips-and-tricks\/5-ways-to-grow-your-hosting-business-online\/","title":{"rendered":"5 Ways to Grow your Hosting Business Online"},"content":{"rendered":"\n
Web hosting companies are a vital part of the Internet’s foundation. The total industry value as of 2019 stood at over $56.7 billion<\/a>, with a Compound Annual Growth Rate of 15.5%. That figure will reach $130 billion by 2025.<\/p>\n\n\n\n Yet despite offering essential services, it can be challenging – but not impossible – for many to stand out. Recent events like the global Covid-19 pandemic have helped to fuel the move towards digital activities. Much potential remains in this space, partially driven by growing Internet penetration rates and the increasing number of startups. <\/p>\n\n\n\n In the first half of 2019, eight companies alone spent $161 million<\/a> on promoting web hosting solutions. That represents a 69% increase over the second half of 2018.<\/p>\n\n\n\n Across all of 2019, only two companies decreased ad spend in this sector: GoDaddy and WordPress. The future for web hosting businesses clearly remains bright. <\/p>\n\n\n\n Let us consider some tactics you can use to grow your business.<\/p>\n\n\n\n <\/p>\n\n\n\n The core of any web hosting business lies in its products and services. What you need to aim for is to go beyond the basics. Building a solid <\/a>relationship<\/a> with your customer base<\/a> is vital to success.<\/p>\n\n\n\n By opening more channels of communication, you can make customers feel valued. At the same time, two-way communications will then provide you with important customer feedback.<\/p>\n\n\n\n <\/p>\n\n\n\n For those who are new to the business or seeking an avenue of growth to develop, consider niche products. Think of it as aiming to become the biggest fish in a little pond.<\/p>\n\n\n\n If you choose your niche wisely, you might find yourself with very little competition. Aside from helping you build focus, growing with a thriving market can help your reputation immensely.<\/p>\n\n\n\n Some niche segments include game servers, forum hosting, and blog hosting. <\/p>\n\n\n\n One example of a web host that has mastered a niche is ShockByte<\/a>, which built its reputation by offering Minecraft servers.<\/p>\n\n\n\nConnect with Customers to Elevate your Web Hosting Business<\/h2>\n\n\n\n
1. Serve a Niche Group of Hosting Customers<\/h4>\n\n\n\n