Recharge card business is an investment with high patronage and sustainable earnings, this is because more people are buying and using mobile phones; and effective communication is possible if users buy and use a registered sim card provided by the telecom network providers (Glo, MTN, 9Mobile, Airtel etc.) who in turn sell airtime to the public to allow customers access to telephone calls and data services.
Why is this business profitable in Nigeria:
The business can never go out of style as more people numbering in millions need airtime or data for their daily activities. Everyone has the need to either call someone or access the internet regardless of their location or economic status, which is why recharge card vending is one business that any entrepreneur may consider.
How to start this business:
There different ways to venture into recharge card selling, these include retail vending, wholesale distributorship and super dealership.
- Retailer
- Wholesaler
- Dealer.
The profit margin depends on many factors; but this article is focused on starting recharge card business with as low as N10,000 naira.
Things needed to start the business from home
- A computer with internet connection (Modem or smart phone)
- Mini printer
- Access to e pins
We have a list of major dealers who you can directly reach out to get fair deals and start your business, send us an email for support. Alternatively, visit the major offices of network providers (Airtel, Glo etc.) near you and ask questions, they will connect you with the major dealers near you, if you buy directly from them the percentage profit will be higher than buying from retails stores.
In my next article, I'll write about starting VTU (Virtual top up) business from home with just your mobile phone and internet access and make at least N5000 a day.
Why is this business profitable in Nigeria:
The business can never go out of style as more people numbering in millions need airtime or data for their daily activities. Everyone has the need to either call someone or access the internet regardless of their location or economic status, which is why recharge card vending is one business that any entrepreneur may consider.
How to start this business:
There different ways to venture into recharge card selling, these include retail vending, wholesale distributorship and super dealership.
- Retailer
- Wholesaler
- Dealer.
The profit margin depends on many factors; but this article is focused on starting recharge card business with as low as N10,000 naira.
Things needed to start the business from home
- A computer with internet connection (Modem or smart phone)
- Mini printer
- Access to e pins
We have a list of major dealers who you can directly reach out to get fair deals and start your business, send us an email for support. Alternatively, visit the major offices of network providers (Airtel, Glo etc.) near you and ask questions, they will connect you with the major dealers near you, if you buy directly from them the percentage profit will be higher than buying from retails stores.
In my next article, I'll write about starting VTU (Virtual top up) business from home with just your mobile phone and internet access and make at least N5000 a day.