Starting an Airtime Distribution Business
An airtime distribution business requires a certain amount of money to sustain its needs. This is also a one way to start the cellular business by adding prepaid services and selling prepaid airtime around the community.
In starting an airtime distribution business, there are ideas on how to become successful in managing it throughout the operations. These ideas will help you throughout the process and can give you an edge in this tough competition in today’s market.
Practical Airtime Sales via Personal Computer
Software programs are installed directly on a personal computer. Doing so makes it possible to put up airtime for sale without ordering and buying stock. As for this system, this may work on a pre-paid basis. Once you have deposited funds on the bank account of the supplier, the virtual account is now credited after the funds are reflected.
The margins are at around five percent to ten percent that depend on the voucher provider. As for the accounts, they can be viewed online with a password that can be used for all Airtime transactions. As per the online account, it will show the deposits, earnings and commissions paid by the customers. The cell numbers of the clients and names are listed along the deposits from where to earn commission.
Cell Phone Recharge
Another idea on airtime distribution business is by way of cell phone recharge. As for this system, the client buys pre-paid airtime as he sends an SIMS on the server. On the part of the supplier, he will reply using a pin number that is the virtual voucher. Actually, there are famous suppliers that specialized in offering prepaid cellular products and services to many mobile vendors. At the present, there are largest distributors of prepaid airtime and starter packs among vendors in Africa.
With their packages, it is possible to recharge the customers with the airtime at around nine percent discount. The registration is made easy that after paying the minimum deposit. It is now good to start selling Telkom prepaid fone credit, Cell C airtime, MTN, and Vodacom.
Making money in airtime distribution business is possible with the use of vending machines. They are perfect in blocks, colleges or universities, schools and rural areas. They also have their definite costs that as vending solutions; they allow vendors to provide pre-paid airtime to customers from the comforts of their electronic device.
Opening a Bank Account
Opening a bank account is always the best because it is safer and easier to make a credit record that is necessary in expanding the business. Once the business grows, there is a need to register the business that declares the income that is earned in the business.
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