GoDaddy - Choose the Best Provider Undoubtedly

Purbalee Dutta Purbalee Dutta
Dec 26, 2020 5 min read
GoDaddy - Choose the Best Provider Undoubtedly

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Want to start your own business? Want to become an entrepreneur? Want to have a beautifully created and a unique website of your own? A domain name is important too right? Fast hosting is desired by all but we don't know how many of us get to experience this.

GoDaddy is a platform for entrepreneurs to dream big and grow their online business around the globe. It helps all by giving the required tools the customers need to develop their website online. Read the GoDaddy success story below.

GoDaddy - Company Highlights

Company Name GoDaddy
Headquarters Scottsdale, Arizona, US
Sector Customer Service, Cyber Security, E-Commerce and Web Development
Founder Bob Parsons
Founded 1997

GoDaddy - About
GoDaddy - Startup Story
GoDaddy - Founder and Team
GoDaddy - Logo
GoDaddy - Business Model
GoDaddy - Revenue Model
GoDaddy - Funding
GoDaddy - Growth
GoDaddy - Competitors
GoDaddy - Future Plans

GoDaddy - About

GoDaddy is a place for small businesses. It offers all sorts of tools which are needed to manage and grow the business online. From website creation to domain names it solves all kinds of equations. It is the world's largest web hosting and domain name registrar provider.

GoDaddy - Startup Story

The company was founded in Maryland by an entrepreneur named Bob Parsons. The company came into existence after he sold his software services company. In the same year, he retired and founded a new company, Jomax Technologies which later in 1999 changed its name and became GoDaddy.

GoDaddy - Founder and Team

Bob Parsons is an American billionaire, philanthropist and an entrepreneur. He was born in the year 1950, November 27th. He is a man of 70 years. In 2011, July, he sold 70% of the company and resigned as a CEO. He served till 2018. He is also the founder and CEO of YAM Worldwide, Inc. His rank is no. 378 on the Forbes 400 list of The Richest People In America currently.

His parents were hardcore gamblers which is why his family struggled a lot financially. His father was a salesman and his mother was a homemaker.

Parsons says,

"I have earned everything I have ever received."
Bob Parsons, Founder, GoDaddy
Logo, GoDaddy

GoDaddy - Business Model

GoDaddy concentrates on the mentioned below business segments -

  • Domain name services - domain name privacy, aftermarket domain name transaction and primary domain registration.
  • Web presence - digital marketing, web security products, online store building and website builder.
  • Web hosting - VPS, dedicated server hosting and shared.

It serves customers worldwide. It targets customers like business owners, freelance professionals, etc. The company also has got a range of customers featured on the official website of theirs. GoDaddy brand adds value to its products. The company is known by all because of its efficient services.

GoDaddy - Revenue Model

The company has got a Reseller Program. Here individuals can sell GoDaddy products with full support and assistance. It is available on a subscription basis with basic and premium packages priced at ยฃ6.34 and ยฃ10.50 per month respectively. Affiliate Program targets especially blogs, websites, etc which can earn an amount from customers generated for GoDaddy with support from the company without any fees. Revenue is generated through the sale of domain registration services, security services and web hosting. There are subscription packages for various sorts of hosting.

Creative ways to make money with GoDaddy site, the domain name provider
Godaddy is one of the most popular domain registrar to buy domains and webhosting. GoDaddy offers amazing deals and discounts to save money in domainregistration, domain transfer, hosting, and so on. Affiliate marketing is a proven method to generate extra income from yourblogging and social medโ€ฆ

GoDaddy - Funding

GoDaddy has raised an undisclosed amount in funding from the 2 funding rounds.

Date Transaction Name Money Raised Lead Investor
December 1, 2012 Series A - -
December 1, 2011 Venture Round - -

GoDaddy - Growth

The company has now exceeded 20 million customers. Investment marketing is expected to continue at a faster rate as unit economics improves itself every quarter. The website creating platform has seen good revenue growth with new users. This happened because subscriptions are more accessible than before. In the WordPress ecosystem, Go Theme is in the top 8 out of 8000 available themes. The company is seeing a significant growth process with both accelerated monthly and yearly users.

Facebook Offers Free Website Building As part Of Its Hosting Services
After starting WhatsApp Business to generate new revenue streams, Facebook hasnow entered hosting services, announcing one of its own taking on fellowcompetitors Wix and GoDaddy [/how-to-make-money-with-godaddy/]. According to reports, the new hosting services will attract interests from smallanโ€ฆ

GoDaddy - Competitors

The top competitors of the company are Endurance International, Donuts Inc. and United Internet.

  • Endurance International is the top competitor of GoDaddy. It is headquartered at Burlington, Massachusetts and was founded in 1997. The company competes in the Digital Marketing field.
  • Donuts Inc is one of the top competitors of GoDaddy. It is headquartered at Bellevue, Washington and was founded in 2010. It operates in the Internet Software industry.
  • United Internet is also one of the top competitors of GoDaddy. It is headquartered at Montabaur, Rhineland-Palatinate and was founded in 1988. It works in the Networking and Electronic Equipment field.

Top 10 Customer Support Solutions for Startups for 2020
We all are familiar with the business mantra, โ€œCustomer is Kingโ€. But what doesit imply? It asserts the importance of customers and their satisfaction for anybusiness. When it comes to startups, you need to go the extra mile to win customers and itundeniably starts with strengthening your customโ€ฆ

GoDaddy - Future Plans

The company is aiming towards the small, medium and independent businesses in the II and III tier towns of India to drive its revenue growth to the next level. It is also looking forward to providing end to end management of businesses than just being a product seller.

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