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Nairaland Forum / Nairaland / General / Business / Recharge Card Business: Silent Money Maker (3290 Views)
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Recharge Card Business: Silent Money Maker by bukolalola(f): 3:23pm On Feb 04, 2008 |
DO YOU KNOW THAT SELLING RECHARGE CARDS BRING IN A LOT OF MONEY? IF YOU DON'T BELIEVE ME THEN GO AND SIT DOWN WITH A SELLER IN YOUR AREA! |
Re: Recharge Card Business: Silent Money Maker by jesuseun1(m): 11:15pm On Feb 04, 2008 |
hello bukolola,do u have an idea of how much one will need to establish such business,i mean the start up capital for the recharge business.hear from u guys soon |
Re: Recharge Card Business: Silent Money Maker by Justok(m): 9:24am On Feb 05, 2008 |
I would also like to know about this business. I would appreciate if somebody in the house give details of the required capital, both for small scale and large scale, of the business. Stating the profit to be made in each sale would be of immense help. |
Re: Recharge Card Business: Silent Money Maker by naijacutee(f): 11:09am On Feb 05, 2008 |
I agree with you. As long as there are pay-as-you-go mobile phones, there will always be business for recharge card sellers. |
Re: Recharge Card Business: Silent Money Maker by edwardaigb: 11:18am On Feb 05, 2008 |
I have done this business since the advent of gsm in nigeria. i have stopped. reasons. risk, competing out profit, armed robbery and so many wahala. i'm not discouraging you oooo. if on a low scale no problem but don't go for volume please. |
Re: Recharge Card Business: Silent Money Maker by D1one: 1:07pm On Feb 05, 2008 |
hello guys please i need info about selling recharge cards in bulk talk2nd@gmail.com |
Re: Recharge Card Business: Silent Money Maker by SOJ(m): 3:02pm On Feb 05, 2008 |
recharge card biz is one of volumes.the higher d nos u sell,the better ur profits.however,its best d get a major distributor to supply u.that way ur margin is higher when u sell. |
Re: Recharge Card Business: Silent Money Maker by abujabooks(f): 3:07pm On May 02, 2008 |
Where can I find major distributors? |
Re: Recharge Card Business: Silent Money Maker by atuagbo: 10:43pm On Sep 12, 2009 |
Where can I find major distributors? please i need info about selling recharge cards in bulk. paulpurpose2000@yahoo.co.nz |
Re: Recharge Card Business: Silent Money Maker by lagosbloga: 10:52pm On Sep 12, 2009 |
Well guess what everybody. Selling recharge cards is a highly competitive business not of course forgetting that margins are very low. But someone has smartly said that it is a business of volumes, so the more you sell the more profit you make. By the way are you aware that for every N 10,000 worth of cards you sell your profit is between N 150 to N 600 (depending on the network and denomination). so for those who think it is highly lucrative think again because sales volume is the way to go if you hope to smile to the bank and that is if your competitors are asleep |
Re: Recharge Card Business: Silent Money Maker by pemevents(m): 7:52pm On Sep 13, 2009 |
pls my guys i need a very good information on how to print and sell recharge cards with little amount of money, where can i get the various networks pins a cheaper rate to enable me sell to the retailer. thanks
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Re: Recharge Card Business: Silent Money Maker by slimes(m): 9:54pm On Sep 13, 2009 |
Selling recharge cards is a slow but steady business. You are not guaranteed millions even in you first year of operation. |
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