West Entrepreneur Forum / Business Ideas / Telecommunication / How To Start Recharge Card And Data Bundle Business (522 Views)
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Have you ever wanted to start a Recharge card business? if yes then io thought you should note, However, this is by far the easiest and the cheapest way to start recharge card and data sharing business – trust me. As a matter of fact, Every mobile phone uses this service for at least three months to do my recharge card and data sharing business. before we dive right into it, let see reasons why this business remains and will continue to be lucrative.
Reasons Why You Should Consider This Method
NO Software is needed It is solely an online business.
Geographical location does not limit you: This means that you can sell to people are Nigeria; it’s an online business!
No Printer needed Printing is not necessary as it is entirely online.
No POS needed You don’t need to start looking for another 60,000 to buy POS.
It’s Easy to get started As a matter of fact; you don’t need anything to get started then just your mobile number! Even a NOKIA touch light phone will do; as long as you can receive SMS.
You know your profit from the start of the business: With this business; you know exactly what you are going to make as you already know how much each recharge card costs.
It is a passive income Even while you are asleep as the business can run with or without your presence.
You have a FREE website for the business: Did I just say FREE website? Yes, FREE website to run your recharge card and data sharing business.
It is the CHEAPEST Yes, it is the cheapest way to start recharge card business as you can start with 5,000. Yes, you heard me right!
Please, drop your questions in comments below, and I will attend to it swiftly.
how much can I use to start data bundle business. and how I'm I going to start it..thank you
I was hoping you would ask.
Well this is a breakdown of it, with all you need to start.
Basically, Data share business is simply Buy and share.
This how it works :
Say you buy a minimum of 10gb depending on the network provider ( Note however that only MTN, GLO and ETISALAT are doing data sharing service based on my practical knowledge so far) for N10,000 and share with clients. This means you have 10gb to sell or share at 1gb each. If you sells the 10gb at N1,500 per 1gb, that amounts to N1,500 x 10gb =N15,000. When you remove the N10,000 being the cost of the 10gb, you will be left with a profit of N5,000 from selling 10gb in just one day.
The amount you sell per day depends solely on your market reach.
Step To Start:
Here, you migrate to MTN SME DATA SHARE PLAN. This is the plan that allows you to buy data in bulk from MTN and resell at profit.
To migrate SMS 465 to 131. This will migrate you to MTN SME DATA SHARE PLAN.
Step 2: Start Buying Data
Requirements - minimum of N10,000 start-up capital payable to the network provider (mtn or Glo or etisalat)
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