When look at a small business like hosting Vietnam, you shouldn’t expect high profits right from word goes, but progress must be noticeably.
You must know when it’s time to move on
And, it is also equally important to identify when things are not working for you, because struggling to promote a business with minimal profitability for too long is not such a wise idea.
This article will give you some rough estimates of the amount of money that you can make, as a reseller, if you manage to promote your hosting business successfully. On similar lines, if initial monthly profit is $500, and it grows to only $ 1000 by year of first year, it is certainly not progress, because it is 100 % increase. On the other hand, if it is just $ 600 even at the end of first year, then certainly you need to look at the root of the problem, and try to boost up monthly profit margins over next 3 – 6 months. And, if it still does not really happen, then should realize that it can only be a supplementary source of income, and such a business of Vietnamese hosting can never become your bread and butter.
If you manage to push your profit margins to $ 1000 / month, but get stuck at that level for 2 years, you should see where you are going wrong, and then weigh your options, rather than blindly continuing with the hope of improving the bottom-line with sheer good luck.
Last but not least; you must have your thoughts cleared out about starting your own data center after a certain level, and having a certain number of clients in your portfolio. Once you begin your own data center, your profit margins will go up manifolds and you will have many opportunities to boost your revenues henceforth.
Therefore, go ahead and give it a try, but you must keep in mind that trying the same old stuff will not really work in this fiercely competitive web Vietnam hosting industry, and you should create your USP as a hosting, even if you are reselling the hosting plans.