When it comes to pricing your packages, you should have a goal as to how much would you like to profit. Let's say you wanted to at least have a profit of 40% of your total cost.

Low pricing can always grab the attention of your customers but it can also raise doubts if your offer really offer quality hosting. But having cheap hosting packages is not a crime. You can start selling off real cheap packages and build your customer base. And as soon as you build your name in the business and satisfied a hundreds of customers then you can increase your price a little for new sign-ups.