Journey To $100 Million
Why We Got Rid of Our Hosting Only Clients
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:03:47
- More information
Informações:
Synopsis
Happy 4th of July everyone! As you may recall, Erik spoke on a previous episode about how we analyzed all of our clients and grouped them by how much revenue they produce on a monthly basis. In episode 170 of Journey to $100 Million, listen in as Erik explains why we got rid of our hosting only clients here at Array Digital. After grouping our clients, we found that we have a rather large bottom-tier group of clients. These clients pay us less than $100 per month, and all have one service in common: hosting only. What is hosting only? In the past, when we were building websites over the years, we would get paid by project. After we finished building the website, we could either give the code to the client and they could host on a server of their choosing, or we could host it for them - thus birthing our hosting only service. We started to host for these clients as it brought in extra revenue for us. We were charging about $10 a month at first for hosting, which is the going rate. We were not trying to make a