Recharge Card Printing and Selling Business Plan - How Profitable is Recharge Card Business In Nigeria?

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With particular reference to Nigeria and her domestic economy , the telecommunication sector can boast of ranking 2nd behind the leading crude oil industry in their order of revenue generation and profitability. Over the past couple of years now, lots of GSM networks have arose to serve the communication needs of the vast populace. Obviously too, their motives have degenerated from just facilitating mobile communication to the creation employment opportunities for everyone. In a quest to serve every remote nook and cranny efficiently and effectively, such GSM networks like MTN, GLO, AIRTEL, ETISALAT, V-MOBILE, MULTILINKS, STARCOMS, ZOOM MOBILE and others; have granted full legal rights to private individuals to print their various recharge card denominations and sell them either at wholesale or retail prices. 

[Post Image Courtesy of Parkorn at FreeDigitalPhotos.net]

Thus, anyone can start this business with a little capital as low as N5,000 and share profits with these billion-worth network providers. An interesting fact about this business is that it can be done on a part-time basis and also, recharge cards are fast selling products with high demands. If only you can be able to consider the present population of Nigeria, the number of GSM users, the amount spent daily by people recharging their phones and the number of recharge card outlets available nationwide, you will never know the magnitude of profits you will make from this business. Hardly would you be anywhere in Nigeria today, without seeing people making calls, browsing the internet, sending messages or participating in other airtime-consuming activities with their phones. This shows you how steady your income from this business will be if ever you start it.

Moreover, this business do not necessarily require you to have a knowledge of computer operation, own a private computer or know how to do some other tedious tasks as you may think. It is just as simple as it could be. The requirements for this business includes :

* Your determined self.

* A private or shared computer in a cybercafe with internet connection.

* An easy-to-use software which will be given to you by your dealer (which you'll shown below). If you are using a personal computer, download and save the software anywhere in your folders but if you are using a shared computer in a cybercafe, download and save the software into your floppy disk memory because it is very confidential.

* A personal or shared printer in a cybercafe.

* Printing paper sheets.

* A little starting capital ranging from N5,000 and above; with which to order for your recharge pins.

When you must have met up with all these requirements, you are good to begin. Contact any of the following authorized recharge card dealers below and place your orders for any recharge card quantity of your choice.

(1). CITISERVE NETWORK:
This is the best recharge card dealer worthy of our recommendation. Visit their website at www.citi-serve.com or their physical office at No. 368 Ikorodu road, Maryland Lagos. Also, contact them on 08035827387 or 07029055998 or 01-844-6549 . This dealer will not give you a software rather, they will give you a pocket-sized device known as "orange box" which you will use in receiving and printing recharge pins too.

(2). PREPAID NIGERIA:
This dealer is also highly recommended. Their websites (though suspended by them for now) are www.ngrgsm.com and www.prepaidnigeria.com . Visit their corporate office at Penth house, 5th floor, 6-8 Isheri road Ikeja, Lagos or contact them through 01-7914279 and 08032036770 for details.

(3). RINGO TELECOMS:
This is also an authorized dealer. Visit them at 117 Allen avenue Ikeja (Tantalizer building). Call them on 08032030771 or 0806007909 or 08054505959
for details.

Just as already mentioned earlier, any of the above recharge card dealer of your choice will give you the recharge card printing software and give you few simple steps on how to use it. After paying for the ordered recharge pins into their bank account, send your payment details (including your full name, account number, teller number, bank branch, phone number, email address, date of payments and other miscellaneous details as may be required) to your dealer through email, phone or other contact details provided by them.

Once they are notified of your payment, they will send you the quantity of recharge pins which you have ordered. The pins will be encrypted in such a way that nobody including yourself can copy or load it into your phone. This is where your software comes in. Use it to decrypt the encrypted pins into rechargeable digits, print them out, sell them either at wholesale or retail prices, make your profits, order for the pins again and so the money making process continues.

To sell fast, try and make connections with your friends, individuals, recharge card retail outlets, select a strategic location, employ a sales representative if you are a busy person and then, relax and see your daily income grow with time.

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