Web Hosting Company Increases Revenues by 896% During 2005 - 2008
This is a follow-up piece to a recent news piece we wrote up. Some of you were asking for numbers, and more info specifically on HostGator.
As reported to us by Cheap Website Hosting, HostGator, a Houston, Texas area provider of web hosting services has been ranked as the 239th fastest-growing privately owned company in the United states on the Inc. 5000 list for 2009.
HostGator’s revenues grew by 896% during the 2005 through 2008 period. The 2009 Inc. 5000 list measured revenues during that period of United States-based, privately held, for profit, independent companies having had revenues of at least $200,000 from 2005 and having at least $2 million in 2008, according to a PRWEB press release of August 25, 2009.
Ranked 20th in the category of Business Products & Services nationally, HostGator was also ranked 6th in the Houston-SugarLand-Baytown area of the state of Texas.
Despite the previous year, 2008 Inc. 5000 ranking of 21 overall with HostGator’s 2007 revenue figures of $18.7 million, the privately owned web hosting company has seen nearly doubled revenue figures in the period from 2007 to 2008 – to the impressive $34.2 million.
According to HostGator.com Affiliate Director, Jay Weissman, the web hosting firm has seen substantial growth in every area of service offered. HostGator’s hosting service areas include shared hosting, reseller hosting, and dedicated servers.
The company provides hosting for over 2.2 million websites and supports more than 50,000 resellers worldwide. Not only does HostGator offer technical support 24 hours each day, seven days of the week, its leading edge web hosting tools include free billing software for its resellers and an access to a library of 4,500 high quality web templates, free of charge.
According to Chad Bean, CMO of HostGator.com, “A big portion of our growth has definitely come from small to medium-sized businesses understanding the value in having their own web site to be competitive in today’s marketplace.”
Just how are their clients using what HostGator offers them to have an edge in the tough marketplace of today? “Individuals are also able to utilize our services to generate extra income from online advertising and promotion,” Bean explains.
In the struggling economy, unemployment in the United States has risen to 9.4% in July of 2009, according to the Bureau of Labor Statistics, as compared to 5.7% in July of last year.
Not only has HostGator’s clients benefited from this company’s smart brand of web hosting. The firm’s continue success has allowed it to add over 100 new positions. In this growth environment, highly skilled technicians and systems’ administrators have been added to the thriving business’ payroll.
With a sassy slogan, “We eat up the competition,” HostGator’s brilliant blue and gold munching alligator mascot makes for an eye-catching ad that remains with the web hosting shopper.
Offering a site-building demo for the uninitiated web hosting consumer, and free domain, file, database and script transfers, the company provides a competitive price point of $7.95 per month for its popular feature-rich hosting plan. In January, HostGator began providing customers who purchased their business hosting package, a toll-free number at no charge through VOIPo, voice-over-IP service.
HostGator has won numerous industry awards during its over five years in business, including HostCritique.com Best Reseller Host Award, WHreviews Honest Host Award, and WebhostMagazine.com Highest Level of Recommendation.
In September of 2008, a press release reported that the blue gator was “going green” in effect, by its purchase of “Green-e certified Renewable Energy Credits (RECs) from a Texas wind farm representing 130 percent of the electricity used to both power and cool all of its shared and reseller servers…”
Apparently this forward-thinking web hosting company, founded in a dorm room at Florida Atlantic University in 2002 by President and CEO Brent Oxley is not about to rest on its laurels.
