All About Recharge Card Business - How to Start Recharge Card Printing Business in Nigeria using Recharge Card Business Software and Make Money
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Without doubts, mobile recharge cards are one of the fastest selling products in Nigeria today after pure water. It sells like tissue paper and Garri too. The obvious reason for this trend is that almost 100% of the Nigerian citizens have mobile phones for making calls and enjoying many other value-added services. Some people even have as much as five phones and recharge them from time to time.
On the average, a Nigerian spends at least N100 daily making calls, N50 sending text messages, N100 browsing the internet and a further N100 enjoying other value-added services as may be offered from time to time on their favourite networks. When you multiply this with the number of all the inhabitants of Nigeria, you will see that the money we are talking about is not just in millions. It runs into Billions for goodness sake! This is a simple proof that the recharge card business is really a very profitable venture worth trying and also, that the telecommunication industry is a very lucrative sector to tap into.
Whether you eventually become a Dealer for any of the numerous mobile phone Networks in Nigeria including the likes of MTN, GLOBACOM, ETISALAT or AIRTEL, you are sure to make money. Lots of money doing the business because all these networks respectively have a very large base of their service subscribers all over the country and even beyond. So what are you still waiting for? Do you want to dies in poverty? Say NO and continue reading to find out how to start up this business even if you have a very little start-up capital.
To tap into this business, you have to fall into any of these 3 categories namely - Major dealers, Sub-Dealers or the retailers. Whichever way you choose to start it, you are sure to make profit in proportion to your capital base. What differentiates the categories above from each other is the start-up capital base.
For you to start as a Major dealer, you need millions of money to partner directly with any network of your choice. Simply go to their nearest office in your area and file in your request. You will be told the requirements which may include Business registration with the Corporate Affairs Commission (CAC) among other things after which you will start the business and sell at high profit margins to either the public, the Retailers or the sub-dealers.
To start the business as a sub-dealer, you do not need to go to the office of the mobile network's offices. Just locate a Major dealer around you and he will set up the business for you for just a medium capital requirement.
Then, for you to start the business as a retailer even if you have only N10,000 start up, It is damn simple. Meet a Sub-Dealer and buy in bulk from him and resell for profits.
Take note that the profit per recharge card sold may be in few naira units or even kobos but as a result of the fast-moving nature of the product as well as its high demand nationwide, you are sure to earn maximum profits from the business model. Just be focused and you will make it.
A very good Recharge card Dealer of all Nigerian Mobile networks it Transtell Communications whose Head office is situated in the Onitsha, Anambra state. I am not recommending them but I am just mentioning them as one of the big time investors in the business that have established many sub-dealers and retailers of the product over the years.
Actions speaks louder. Start up something for yourself today and start making money in Nigeria instead of remaining jobless. Remember! An idle mind is the devil's workshop.
For any further information you may like to get or questions you may like to ask, please use the comment box below.
Thanks for reading!
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Without doubts, mobile recharge cards are one of the fastest selling products in Nigeria today after pure water. It sells like tissue paper and Garri too. The obvious reason for this trend is that almost 100% of the Nigerian citizens have mobile phones for making calls and enjoying many other value-added services. Some people even have as much as five phones and recharge them from time to time.
On the average, a Nigerian spends at least N100 daily making calls, N50 sending text messages, N100 browsing the internet and a further N100 enjoying other value-added services as may be offered from time to time on their favourite networks. When you multiply this with the number of all the inhabitants of Nigeria, you will see that the money we are talking about is not just in millions. It runs into Billions for goodness sake! This is a simple proof that the recharge card business is really a very profitable venture worth trying and also, that the telecommunication industry is a very lucrative sector to tap into.
[Post Image Courtesy of Zircunicusso at FreeDigitalPhotos.net]
Whether you eventually become a Dealer for any of the numerous mobile phone Networks in Nigeria including the likes of MTN, GLOBACOM, ETISALAT or AIRTEL, you are sure to make money. Lots of money doing the business because all these networks respectively have a very large base of their service subscribers all over the country and even beyond. So what are you still waiting for? Do you want to dies in poverty? Say NO and continue reading to find out how to start up this business even if you have a very little start-up capital.
To tap into this business, you have to fall into any of these 3 categories namely - Major dealers, Sub-Dealers or the retailers. Whichever way you choose to start it, you are sure to make profit in proportion to your capital base. What differentiates the categories above from each other is the start-up capital base.
For you to start as a Major dealer, you need millions of money to partner directly with any network of your choice. Simply go to their nearest office in your area and file in your request. You will be told the requirements which may include Business registration with the Corporate Affairs Commission (CAC) among other things after which you will start the business and sell at high profit margins to either the public, the Retailers or the sub-dealers.
To start the business as a sub-dealer, you do not need to go to the office of the mobile network's offices. Just locate a Major dealer around you and he will set up the business for you for just a medium capital requirement.
Then, for you to start the business as a retailer even if you have only N10,000 start up, It is damn simple. Meet a Sub-Dealer and buy in bulk from him and resell for profits.
Take note that the profit per recharge card sold may be in few naira units or even kobos but as a result of the fast-moving nature of the product as well as its high demand nationwide, you are sure to earn maximum profits from the business model. Just be focused and you will make it.
A very good Recharge card Dealer of all Nigerian Mobile networks it Transtell Communications whose Head office is situated in the Onitsha, Anambra state. I am not recommending them but I am just mentioning them as one of the big time investors in the business that have established many sub-dealers and retailers of the product over the years.
Actions speaks louder. Start up something for yourself today and start making money in Nigeria instead of remaining jobless. Remember! An idle mind is the devil's workshop.
For any further information you may like to get or questions you may like to ask, please use the comment box below.
Thanks for reading!
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All About Recharge Card Business - How to Start Recharge Card Printing Business in Nigeria using Recharge Card Business Software and Make Money
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Ikpokolo, the writing is really helpful and I will follow all the things you mentioned here in detail. As a retailer, I appreciate all the reading and have gotten a lot of information through the post about business. By the way, if you want to register your business in Singapore just go to link now to know more information about business registration in Singapore. Thanks!
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