The Untapped Potential Of Reseller Programs

The Untapped Potential Of Reseller Programs



The Untapped Potential of​ Reseller Programs
I am part of​ the​ growing population of​ people who are looking to​ earn a​ living working from home on the​ internet .​
I​ am constantly looking for​ new and​ better ways to​ earn some income .​
I​ participate in​ multiple forums having to​ do with affiliate marketing and​ working from home .​
Very few people participate in​ reseller programs and​ I​ think they are missing out on some big-time money.
A reseller program is​ as​ simple as​ it​ sounds .​
You become a​ retailer for​ a​ particular company .​
This is​ different from an​ affiliate program because you set your own prices, in​ some cases you even handle the​ billing of​ your customers and​ then you are charged by the​ supplying company for​ what you sell .​
Let me be more clear .​
You sign up for​ a​ web hosting reseller program for​ example .​
That company will then tell you what you are allowed to​ sell for​ their products and​ how much they charge you for​ each account .​
Then you create a​ website (in some cases) and​ you put the​ products on your website .​
a​ customer signs up for​ the​ service through your website and​ you take payment .​
Then you need to​ go to​ your reseller control panel and​ enter all the​ customer’s information and​ the​ supplying company then sets them up for​ the​ hosting program they chose.
I chose web hosting as​ the​ example because that is​ what I​ have researched and​ signed up for​ so far .​
There many other opportunities however .​
Some of​ the​ hosting companies will provide you with a​ website and​ all you do it​ build it​ to​ your liking and​ set your prices .​
Others will just let you know which of​ their products you can sell and​ how much they charge you, like I​ mentioned above .​
Then you need to​ go in​ and​ enter all the​ customer’s information when you make a​ sale .​
Some programs are free and​ other charge for​ membership and​ a​ set-up fee .​
I​ researched the​ following:
iPowerWeb.com- They are one of​ the​ companies that require you to​ put their products on your own site and​ then you need to​ enter the​ customer’s information in​ your control panel when you make a​ sale .​
They only allow you to​ sell one hosting package .​
So, if​ you want to​ give a​ lot of​ options to​ your customers you either need a​ different program or​ use numerous programs, which can be confusing .​
There is​ no charge for​ this program .​
I​ got no response on one communications with them asking questions about the​ program and​ a​ terrible answer on a​ second question .​
This concerned me a​ bit because how helpful will they be if​ I​ have a​ question concerning a​ customer’s account.
Globat.com- This is​ one of​ the​ better programs I​ researched .​
They also do not give you a​ website, you would have to​ put their products on your site .​
No charge for​ this program either .​
They had very good prices on their programs .​
They also had a​ live person communicating with me via email to​ answer my questions .​
What I​ didn’t like about them is​ the​ fact you had to​ prepay for​ the​ accounts .​
In other words, I​ would have to​ buy, let’s say 10, hosting programs before I​ even sold one .​
The more you bought the​ cheaper they were .​
They were running a​ special, if​ you bought 10 you got 10 free .​
So, for​ 20 programs it​ would cost me $500 .​
This is​ $25 each for​ a​ year .​
The problem is, they were only good for​ one year from the​ date of​ purchase .​
If I​ didn’t sell them all for​ some reason I​ lost them and​ had to​ buy more the​ next year.
FatCow.com - On the​ surface a​ very appealing program .​
They claim for​ a​ one-time set up of​ $99 you get a​ fully functioning website .​
So, I​ signed up with them .​
That $99 got me NOTHING .​
I​ couldn’t resell, I​ couldn’t even host my fully functioning website .​
So, I​ called and​ found out I​ needed to​ spend another $99 for​ the​ ability to​ host the​ website .​
It sounded reasonable and​ I​ was assured this is​ all I​ needed to​ do .​
WRONG! I​ had a​ website now but still did not have the​ ability to​ resell anything .​
That was yet another upgrade and​ charge of​ $25 .​
I​ went for​ this as​ well .​
I​ now had all the​ access I​ needed .​
They failed to​ explain however that the​ 7 hosting plans they show pricing for​ in​ their initial sales pitch you do not have the​ ability to​ sell .​
They only give you 3 options and​ 2 of​ them are eCommerce .​
For $225 I​ figured it​ was a​ good deal if​ I​ had access to​ all 7 of​ the​ packages they offer .​
I​ have since requested my refund and​ would not recommend this program to​ others.
Aplus.net- They have 2 plans .​
The most basic is​ their gold plan .​
This plan has a​ set-up fee of​ $149 and​ a​ monthly fee of​ $59 .​
The plan only comes with one option for​ selling, their ePro hosting plan .​
They offer a​ platinum plan as​ well .​
That one requires a​ set-up fee of​ $995 and​ the​ same monthly charge of​ $59 .​
It requires a​ minimum of​ 500 customers.
GoDaddy.com- This is​ the​ plan I​ finally went with .​
https://www.securepaynet.net/gdshop/rhp/hottestreseller.asp?se=%2B&prog%5Fid=329810&app%5Fhdr=
As you can see from the​ website, they have two packages .​
The basic for​ $99 a​ year and​ the​ Pro plan for​ $199 a​ year .​
The only real difference is​ the​ amount you pay for​ the​ products .​
The Pro plan charges less for​ the​ same products as​ the​ basic plan .​
You have access to​ ALL of​ the​ products GoDaddy offers .​
You can decide not to​ sell them if​ you want but you do have the​ option .​
It is​ a​ fully functioning website .​
You set the​ prices and​ they pay you the​ profits .​
Here is​ an​ example of​ the​ website you would get if​ you signed up for​ this program:
https://www.securepaynet.net/gdshop/rhp/default.asp?prog_id=329826
With the​ Pro plan you also get $250 credit toward Google Adwords .​
They also have arrangements set up with some of​ the​ top affiliate programs if​ you would like to​ promote your site through them.
Considering the​ ease, the​ wide range of​ products, and​ the​ fact everything they advertised in​ their program was true, unlike FatCow, I​ felt $199 for​ a​ year is​ well worth it.
One other difference between a​ reseller program and​ an​ affiliate program is​ the​ fact that when a​ customer signs up you have access to​ that customer’s information .​
Now you can work to​ build your mailing list this way in​ addition to​ other ways you may be using .​
As an​ affiliate you do not have this option .​
Also, if​ you are an​ affiliate you usually do not get residual income, as​ the​ reseller you do .​
All of​ the​ sites above offer both affiliate and​ reseller programs .​
After reading this email you will hopefully see there is​ much more potential as​ a​ reseller, regardless of​ which company you go with or​ which product you go with for​ that matter .​
To prove my point I​ wanted to​ do some quick math, using very conservative numbers.
Let’s say I​ sell just 5 hosting packages per month for​ 5 years and​ they are only the​ economy package .​
I​ have it​ currently on sale where I​ only make $3 a​ month profit.
The first year I​ will have sold 60 plans for​ a​ profit of​ $2160 for​ the​ year .​
This does not include the​ domain names or​ any additional services they buy .​
After year #2 I​ will have sold 120 plans for​ profit of​ $4320 .​
By the​ end of​ year 5 I​ will have sold 300 plans total for​ a​ profit of​ $10800 that will keep coming every year as​ long as​ I​ don’t lose any customers .​
If I​ just kept that same sales rate for​ 10 years I​ will have sold 600 plans for​ a​ profit of​ $21,600 .​
Now, $21,600 is​ not megabucks but I​ am assuming I​ will sell more than 5 plans per month and​ I​ don’t think they will all be the​ economy plan either .​
That figure also does not include the​ other services offered or​ any sales that will result from the​ mailing list that will be built either .​
If I​ sold 50 per month using all the​ same terms for​ calculations I​ will have made a​ profit of​ $21,600 in​ the​ first year and​ $216,000 in​ ten years.
You can play with the​ numbers anyway you want but I​ tried to​ use very conservative and​ achievable numbers for​ the​ first example and​ then used more aggressive, but still achievable, for​ the​ second example.
Hopefully the​ article has shown there is​ a​ tremendous potential for​ earning a​ nice living using reseller programs over the​ more popular affiliate options .​
If you are already successful on the​ internet or​ you are deciding how to​ get started hopefully you will now see the​ potential in​ reseller programs.




Related Articles:




Powered by Blogger.