Well, in our example we need to host multiple websites (domains) because we have seven small stores around United State, I mean store A, store B, store C, etc websites; We want that every store has its our domain name because the stores are independents (some stores have products than others not).
As we said in our example we have seven domains (seven stores) to host, right? If we are going to spend, $10 a month for every hosting account, we are going to spend $70 a month. Easy right? Great, Go ahead.
This is the trick, if we contract a hosting company offering to host multiple or unlimited domain names in one hosting account, and we are going to pay for this service $10 a month, we are saving $60 a month! We are saving $720 yearly! Sound good, right? But we can save more money, how? Some of these hosting providers are offering a big discount if we contract the hosting service for 12 or 24 month in advance, for example if we are going to pay 12 month in advance, the cost is only $6 a month, well here we are saving $64 a month, this is $768 yearly. (the prices depend of the hosting storage)
Think about it, if we have a stable networks’ stores or we are thinking to have many websites for long time, how much will we save in 10 years? We will save around $7500 (paying $6 a month). You can use the money to travel, buy a TV or whatever.
This is an easy way to save money when you need to have multiple websites running.
Complete List of Hosting Providers offering to host multiple domains in one hosting account.