PLS NL, I WANT TO GO INTO BULK RECHARGE SELLING,I NEED SOMETHING THAT CAN COME IN KOBOS.HOW DO I GO ABOUT IT,APART FROM SELLING TO RETAILERS WHO ELSE CAN I SELL TO.WHAT ARE THE MERIT AND DEMERIT OF THE BUZ.AND IF YOU ARE ALREADY INTO IT AND AN EXPERT READY TO PARTNER EMAIL ME .muyeef2002@yahoo.com.

You can become a subdealer with that.

Given d multiplicity of networks and denominations,ur N1m cann't go too far. The profit is very small compare to the risk and stress involved.Pls consult widely b4 u invest in d biz

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Given d multiplicity of networks and denominations,your N1m cann't go too far. The profit is very small compare to the risk and stress involved.Pls consult widely b4 u invest in d biz

You should have done much better by suggesting a better alternative to him. Do you know how much he can make as a subdealer?

@mboil, I do agree that you should research well before venturing into the business, and by that you can start from a registered dealer in your state. Sub-dealers are registered under a particular dealer and are paid directly by the Telecom Companies. That is, MTN pays you directly, Airtel, Etisalat, etc will do the same. The business is a turnover business, just like the pure water production business is, but it sells volume daily.

i can help you build a website online for that you can sell online and offline

@Nairaplus
If someone very close to you is about to invest one million naira (probably all he has) in a business you are not too sure he can make it and he seeks for your opinion, would you rather have him waste the money because you don't have a ready alternative? Is it not better for him to have his money intact when a better alternative is discovered than to have it wasted away and nothing left to pursue the alternatives?
I know what I am talking about, I know the business inside -out. I am not here to deceive pple. Someone is seeking opinion, I gave him mine and I also urge him to do his homework very well before taking the plunge. So what is wrong with that?