Here I’m sharing some pro tips which will help you to save money on your web hosting renewals. Some of these ideas could be used from day 1 (from your first hosting purchase), and some of these ideas can be used when you are about to renew.
A cheap and reliable shared hosting package for WordPress starts from $4/month, and depending upon your requirements it can go up to $20/month.When you move to VPS, dedicated, or Managed WP Hosting, the price can really get high.
When a newbie blogger takes their first baby steps to creating a self-hosted blog, they are not aware of the costs involved in web hosting. And they usually end up buying web hosting at a higher price (without any discount). Even if they get discounted hosting, they end up paying a fortune when renewal time comes
How To Save Money On Your Web Hosting Renewals
There are many scenarios which you need to consider. I will point out various methods that will fit whatever situation you’re facing and will help you save some money. This guide is for shared hosting only, but will work for any other hosting plan too (VPS and dedicated).
If you are about to buy your first hosting package for your blog, this is the right time to save money in the long run. One mistake which many bloggers make is they buy hosting for 1 year only. And the next year they have to pay in full for their hosting renewal. Usually, there is no discount coupon for renewals.
Here’s the trick:
When you make your initial purchase, you have an option to buy hosting for more than 1 year. Buy a plan for 2 or 3 years and you will save a ton of money. Purchasing hosting from Bluehost for 3 years, costs $2.95/month-$5.95/month (with the discounted link) compared to $14.99/month when that first billing cycle is over.
This sounds basic, but trust me, if you only buy hosting for one year, that one year will go by quickly and you’ll soon be paying the full renewal fee.
The problem here is that you are stuck with the same hosting for a long time. I usually use this technique for my small niche websites only.
Switching Hosting Comapnies
This 2nd technique you can use every time you have a renewal. From my experience, HostGator and Bluehost offer almost the exact same quality. So it doesn’t make much difference where your blog is hosted.
When your hosting term is about to expire, you can sign up for a hosting package from the other hosting company and move your site(s) there.
This will help you pay only the introductory price and not the renewal price.
HostGator (and a few others) even offer free site migration, so you won’t have any tech hassles.
Usually, moving a WordPress site is not very tough, but it’s always best to have someone do it for you. Alternatively, you can check on Fiverr and get someone to do it for pretty cheap.
This will end up saving you a good $50-$100 every year. People who are technically smart perfer this trick, but for non-technical people, it’s best to just buy a longer plan (first trick).
Asking For Discount
This trick will work with almost every hosting company. Retaining a customer is a top priority for hosting companies, so when your hosting term is about to expire, you can ask your hosting’s sales team for a discount on your renewal.
You could say:
Hey, I’m getting a decent discount on (competitive hosting company’s name), and I want to save some money. Renewals with you will cost me $120, and if I move my website to X hosting, I will save at least $50. I was hoping I could get a discount on renewal as I would love to stay with you, but at the same time, I really value my hard-earned money.
This may or may not work, depending upon the policy of the hosting company. But, if you put your words in the right way and are honest, you will likely end up getting a decent discount.
Always remember: A penny saved is a penny earned.
Don’t let your money go to waste. Be smart!