HOW TO START RECHARGE CARD PRODUCTION

It first appeared as if Nigerians would forever walk down the path of deteriorating communication facilities, with the almighty NITEL calling  the tune and dictating the piper as the only player in the game. Thereby, making it almost impossible to own a phone.

But all time be to Chief Olusegun Obassanjo administration for launching the Global System for Mobile Communication {GSM} in 2001, thereby making Hello so common that even a child learning to speak first learns that before any other language.

With deregulation of the telecom industry, comes as assortment of options for Nigeria telecom consumers, pre-paid phone cards represent a convenient way of placing local and international calls and provide big serving over traditional telephone lines.

INVESTMENT OPPORTUNITIES:

Ever before now, these cards are being printed aboard and imported into this country by GSM service providers.-

1                   MTN

2                   Zain

3                   Globalcom

4                   Starcom {PTOs}. However, this ugly trend was stopped by the government by making it compulsory for all GSM {PTO} to print their pre-paid calling cards here in the country. This has therefore opened another door of investment opportunities for Nigerians.

Barely 7 years ago that GSM was launched in Nigeria, the industry has offered and it’s offering several opportunities.

TYPES OF CARD

We have two types of pre-paid calling cards :-

1                   Plastic

2                   Paper , paper is for the production of the PAPER type of pre-paid vouchers, this is less expensive and doesn’t include the procurement of sophisticated electronic and securing equipments. We are going to introduce to you 2 ways and two companies where you can go and sign up for your voucher printing business.

You can produce pre-paid calling cards of all GSM service providers..

1        MTN                    -                  N 1,500, 750, 400, 200 and 100

2        GLO                     -                  N 1,000 500, 300, 200 150, 100

3        ZAIN                    -                  N 1,000, 500, 300, 200, 100, 50

4        M-TEL                 -                  N 400, 250

5        STARCOM          -                  N 1,000 and 500

6        Cool Talk             -                  N 200, 300, 500

PRODUCTION PROCESS

1                   Orange Box

2                   E-mail

3                   Flash Drive

4                   Computer, Printer, Software, Internet Access,

A STEP-BY-STEP-GUIDE:

The potential for recharge card business is very large, with over N1 billion worth of recharge cards sold daily across the country, recharge card business is surely a lucrative one you must not ignore. You can print recharge vouchers of any denomination. But the good thing about recharge card business is that it’s a fast moving product, with guarantee on investment. Here is my step by step guide you can follow to set up your own fast Money-making Recharge Card Business from the scratch.

1 To start recharge card business you need to know that there are two types of recharge cards are sold in the market, the recharge vouchers and the plastic cards. The vouchers are usually the paper type cards while the plastic cards are the well designed cards. While you can print the vouchers, but on the other hand you can’t print the plastic cards.

and...

2 You will need to sign up with a recharge card merchant. There are so many recharge card merchants you can sign up with to start printing and selling recharge cards in bulk in your neighborhood. I advice you get the recharge Card Printing Guide for the detailed list of the merchants.

3 You need to know your start up requirements. You will need the following: * Computer (desktop or Laptop can do). * Printer & software (this will depend on the type specified by your merchant dealer) * Minimum start up capital of N30,000

4 You need to understand how to market recharge card profitably. Don’t take this for granted, it’s what would make or mar your investment in recharge card. Remember, no matter how lucrative any business opportunity is – your marketing will be primarily responsible for its success or failure. And that means you are going to determine how successful recharge card business can be for you based on your marketing drive.

And ...

5 Your marketing strategy for recharge card should focus on one thing, to drive volume sales. Note that recharge card profit is volume driven and as such you can only be profitable if your sale strategy is solely volume driven.

6 You need to have as much information you can get to make your recharge card business profitable. The market potential is huge and unending but its your responsibility to tap into this potential for your own profit.

Note that, the estimates here is based on the barest minimum amount required to get started, but we advice that you start from how much you can afford, the more money you can invest the better. And also take into account that every business has some level of risk and that success or failure is dependent on your personal ability, financial intelligence, level of education/knowledge/IQ,

TYPES OF COMPANY AND THERE ADDRESS

1        CITISERVE LIMITED

          Citiserves House,

          36B Ikorodu road,

          Maryland – Lagos

          Tel. 01-2704370-99

          Fax. 01-2710412

          E-mail: infor@citiserve.com

          www.citi-serve.com

Port Harcourt Office

16 Onna Road GRA

2        RINGO TELECOMS

          Tantalizer Building

117 Alen avenue Ikeja lagos

08032030771, 08060079090, 08054505959.

          www.ringotelecoms.com

3        PREPAID NIGERIA

          2^nd Floor, Bamboo Plaza, Amex

6-8, new Isheris road Omole Ikeja, Lagos.

Tel: 01-7914279, 080320367702

www.prepaidnigeria.com

www.ngrgsm.com

4        VOUCHER COLONY

          01-7942888, 080332880147, 0802423599.

5        ASTRALOGICA

          Muritala Molammed Way, Yaba Lagos

          Tel: +234 – 4616169, 4816636

                 +234 083 – 4096700, 08023140280

          E-mail: infor@astralogica-ng.com

          www.astralogica-ng.com

COMMISSION STRUCTURE

         

1       CITISERVE LTD

PRODUCT	BULK PRICE MTN	RETAIL PRICE
N 100	N 95.5	N 96.5
N 200	N 191.00	N 193.00
N 400	N 381.5	N 385.00
N 750	N 715.00	N 720.00
N 1,500	N 1,429.00	N 1,430.00
GLO
N 100	N 94.00	N 95.5
N 150	N 140.00	N 143.00
N 300	N 278.00	N 283.00
N 500	N 462.00	N 720.00
N 1,000	N 935.00	N 938.00
ZAIN
N 100	N 93.00	N 94.00
N 200	N 186.00	N 189.00
N 500	N 456.00	N 457.5
N 1,000	N 930.00	N 932.5
STARCOM
N 500	N 475.00	N 480.00
N 1,000	N 940.00	N 950.00
COOL TALK
N 200
N 300
N 500
M-TEL
N 250	N 227.00	N 230.00
N 400	N 358.00	N 360.00

2       RINGO TELECOMS

PRODUCT	BULK PRICE	RETAIL PRICE
MTN	N 100	N 94.00
ZAIN	N 50	N 46.00
	N 100	N 93.00
	N 200	N 186.00
	N 500	N 466.00
GLO	N 100	N 93.00
	N 150	N 138.00

Equipment: Software and installation price is about N 20,000

3       PRE-PAID NIGERIA

PRODUCT	BULK PRICE	RETAIL PRICE
MTN	N 100	N 95.00
	N 200	N 190.00
ZAIN	N 100	N 95.00
	N 200	N 190.00
	N 500	N 470.00
GLO	N 100	N 94.00
	N 150	N 139.00