READ THIS IF YOU WANT TO START DATA RESELLING BUSINESS
How to start data reselling business in Nigeria 2020 (The methods and alternatives)
Millions of internet users buy mobile internet subscription daily in Nigeria. Out of these millions of subscribers, a good percentage of them buy internet subscription at an expensive rate directly from their mobile network operators. This is to tell you the level of market available in this business. You too can also penetrate a good part of this market and earn additional income for yourself. You can imagine the profit you would make daily if you are able to penetrate into a good level of the market? Markets of internet subscription are present almost everywhere. From families, friends and neighbours to schools, hotels, cyber cafe, churches, and work places. You can get customers from virtually anywhere as everyone uses the internet on daily basis. Social media friends and followers from website such as Facebook, Instagram, twitters and others are one of the readily available markets to get customers online. You can imagine the amounts of money you can make, if you have so many of these followers, by converting them to your customers? And this is very easy, especially when you are offering them cheaper prices for their internet subscription plan. Who doesn't like cheap things? Even billionaires will go for best price in their buying decisions.
Factors to be considered before starting data reselling business in Nigeria
Before I introduce you to this business, there are some factors you need to consider in making the right decision on which method is best for you to get started with.
The following are the major factors that you should consider before venturing into data reselling business in Nigeria:
1. Market availability:
Before starting data reselling business in Nigeria, you need to consider who will buy your data subscription. Do you have an established customers who are ready and willing to patronise you? This factor is very crucial in ensuring that you are able to share your data completely before it expires. If you are just starting and you do not have enough customers to market your business to, it's advisable you make use of a wholesale data reseller who you can always pay to deliver data to your customers.
2. Capital:
Do you possess enough capital to buy bulk airtime and data for each of the major networks we have in Nigeria? Buying the least MTN SME data plan alone requires a minimum of N10K. If your answer to this question is no, then you should start reselling data through a wholesale data reseller.
3. Availablity of each network SIM:
To start sharing and reselling mobile data for each network, you need to consider the availability of these networks' SIMs and the phones to power them with. If you do not have adequate access to these SIMs and the networks itself, it would be advisable you start reselling through a wholesale data reseller.
4. Risks:
The risks involved in running a data reselling business in Nigeria depends on the chosen methods. Some of the risks include: data expiring before you sell the data finish, inability to share MTN SME data on your SIM because of MTN SME data share limit reached, unavailability of your data supplier to deliver data when you have customer that needs data urgently, data delivering more than once because of network issues, delays and errors associated with using websites and so many others not mentioned. Prospective data resellers should be aware of these risks and employ solutions to managing them. If you don't understand the business and the strategies involved in mitigating these risks, you are better off starting through a wholesale data reseller.
5. Network availablity in your area:
Is there any good network coverage in your area for the network you intend reselling. If the network of the company you plan reselling its mobile data is poor in your area, you may end up disappointing customers, risk encountering sharing errors and loss of data due to network errors.
6. Availability of internet access:
You need constant access to the internet so as to enable smooth communication and maintenance of good relationship with your data supplier through online messsgers such as WhatsApp if you are reselling data through a wholesale data reseller. You need internet access too if you plan reselling through a website or app.
7. Accessibility to (internet or mobile) banking services:
Before you start reselling mobile data through a wholesale data reseller, you need to consider how you are going to pay him to deliver data to your customers. Easy and quick access to 24/7 banking services will make it possible to pay your data supplier at anytime without the need for physical contact.
Who's a data reseller?
A data reseller in Nigeria is one whose business involves buying of telecommunication network's mobile data in bulk for later reselling to customers (end users) or another data reseller (a retail data reseller) who acts as a middle man between a supplier (a wholesale data reseller) and the end users. In this definition, you can see we have two major types of data resellers in Nigeria, viz. Wholesale data reseller and retail data reseller.
What is data Reselling business in Nigeria?
Data reselling business in Nigeria involves the sales and reselling of mobile data plans through purchase of telecommunication network SME data bundles in bulk. These bulk mobile data purchased directly from the network at low cost are then reshared with end users or data retailers who resell to the final users. There are different ways of starting or setting up your own data reselling business in Nigeria. You can become a wholesale data vendor who buys data directly from network operators at low cost. Wholesale data resellers require high capital investment to buy bulk mobile data large enough to reduce cost. You can become a data retailer by reselling data from wholesale data resellers. Data retailers can start up with as little as the cost of purchasing a unit product. All they need is redirecting each and every requests from their customers to a wholesale data reseller who then complete the order on their behalf. Thus, a data retailer is like a middle man in the business. Now, we know what a wholesale data reseller and a data retailer is, the question that comes to the mind is how do a retailer find a wholesaler that offers mobile data at cheap prices? This is where platforms comes in. The platform is a setup or enabling environment which can be used by retailers to resell wholesaler(s) products. This can be in form of a market, WhatsApp group or websites provided for this purpose.
Methods and alternative ways to start data reselling business
1. Reselling data by buying mobile data directly from network operators
This method is the oldest and conventional way of reselling data. The reseller subscribe to corresponding network SME mobile data plans which are far cheaper when compared with the normal subscription offered by the network, and then shares the mobile data from his line to his customers for profits. As the reseller has to buy SME mobile data in bulk to his line, buying mobile data directly from network operators is usually capital intensive as you need more capital to start (N10K minimum). To learn more about reselling mobile data by buying directly from network operators, Click Here
Buying cheap airtime in bulk
Data resellers in Nigeria use airtime in their SIMs to subscribe mobile data to resell to customers. In order to reduce the cost of running the business which consumes lots of bulk airtime daily and offer mobile data to customers at cheaper prices, data resellers usually buy cheap airtime in bulk, thus enabling them offer cheap mobile data to customers. Click Me to learn more on how you can buy cheap airtime in bulk in Nigeria
2. Reselling data through a website or app (not reliable)
This involves buying mobile data for your customers online through a website or app. These data reselling websites or apps are owned by individuals or companies that offer mobile data at wholesale rate. These websites or apps are programmed to automate mobile data sharing process any time a user buy mobile data on the website. Mobile data purchase requests are then sent in a queue to the devices that automatically share these mobile data to the numbers. Due to the nature of how websites and apps work, users of these websites or apps are bound to experience delay or errors during service down time, poor networks or high traffic requests.
All you need is fund a virtual wallet provided by the website and start buying mobile data. You can either buy mobile data for yourself or subscribe for others, adding your own profit to the cost of mobile data and profiting from each sale of mobile data to your customers.
How to start data reselling business in Nigeria through a web platform
To start reselling data using a web platform, here is the outline of the steps:
1. Find a reliable data reselling website and register with them (I don't know of any reliable website you can resell mobile data from, so don't ask me about any website or app).
2. Navigate through the website menu and find link to purchase or buy data.
3. Click on the 'buy data' link.
4. Select your network.Choose the data plan you want and type your number.Click buy data.
5. Note you'll be required to fund your wallet before you can use any of the services.
6. Once you buy your data, within minutes you will receive the data in your phone.
Shortcomings of data reselling through web platforms
It can be very unreliable and slow. Websites that are not efficient may take long in delivering order created by users and in occasions where the server is handling too much of requests from users as a result of traffic higher than its capability, there's often delay in completing orders which can result in disappointment. Also, there is often service down time during routine website maintenance. When this happens, the user may be stranded and need to find alternatives.Registration might involves identity verification, request for BVN and unconscious agreement to terms putting personal information at risk.Errors may occur from improperly or poorly programmed webites. Users faced with errors may have to deal with supports who are mostly horrible and unresponsive.
3. Resell data through a WhatsApp or telegram group (group filled)
Are you tired of the poor services you get everyday from reselling through a website? Now, worry not as you can now meet and negotiate with data resellers who offer great discounts on data prices, take advantage of competition between data sellers to get yet lower mobile data prices to resell from.
Advantage over data reselling websites
Opportunity to relate directly with your mobile data vendor. Get to order mobile data directly from your vendor instead of ordering directly from website whose response time is not certain.Opportunity to get lower price as a result of increased competition between data resellers.Resell data and make profit on the go. You don't have to start big. Simply, send your customer's number to your preferred mobile data vendor and make profit per each sale you make.No registration needed.Opportunity to use escrow service for secure transaction.Enjoy the error free features of getting data delivered manually to you as opposed to automation which is not 100% efficient.Opportunity to choose among many data resellers online and get your order delivered in time. Fast response from data reseller instead of waiting for unreliable website to deliver your mobile data order. No delaying of mobile data order common with websites when there's high traffic. Traffic is equally shared and distributed among online resellers as resellers with fewer or no requests simply attend to your request.
Getting started
Click Here to join the telegram group. Or join the WhatsApp group Click Here. To order for mobile data, send message in the group with the mobile data size, network and the price you are buying at and available resellers will get in touch with you with their price. Choose your preferred reseller and let him or her serve your customer. That's it, you can now channel all your customers request to data resellers in the group at even lower prices.
4. Resell data through me
With all the advantages and benefits of WhatsApp or telegram group for data reselling, you can use this option if you are unable to join the data resellers group on WhatsApp or telegram. You can contact me directly on WhatsApp to buy mobile data at wholesale prices. As a cheap wholesale SME data reseller in Nigeria, you can still resell my mobile data to end users and make profit. Simply send me your customer's number and the amount of mobile data they need and I'll deliver mobile data to the number for you while you pay me. So, you buy cheap mobile data from me directly to your customers adding your own profit to the price you are getting mobile data from me. Easily, you can make money reselling mobile data without having to manage mobile data in your phones by acting as a middle man retailing mobile data products from me. I offer the cheapest mobile data subscription or plan available to internet users in Nigeria.
How to start data reselling business by reselling data through me
I offer a cheaper internet subscription at wholesale prices. To start data reselling business through a wholesale data reseller, take the following steps:
Send a WhatsApp message with the keyword "I want to start data reselling business through you" on WhatsApp only, not SMS, to 08169938825 (do not call this number). Your message will be ignored if you do not follow the instruction!After following the instruction in step 1 above appropriately, I'll respond to you with my data reseller pricelist. This list contains the price it will cost you to buy the data and instruction on how to get started with the business, so you are encouraged to go through the information contained in the pricelist as redundant questions might not be entertained. This is what it will cost you to buy data for your customers from me. You can make your own price list by adding your own profit to my prices and send to your customers.Anytime you have customers, simply forward their numbers to me together with network and details of data plan needed. I'm always online, so don't worry I will respond as soon as I receive your message.Within minutes, I'll subscribe mobile data to the numbers. Hands down, you make profit for each data purchased for your customers from me.
As simple as that! Make money while buying mobile data for your customers directly from me at cheap prices. With this method, you don't need to worry about the whole process involved in buying mobile data directly from the network and managing it on your lines, or about the capital investment required in getting started on your own.
Why reselling data through me instead of direct sales from network operators or through websites?
Data reselling business is a business in which individuals or business companies buy mobile data in large scale directly from telcommunication companies like; Glo, MTN, 9mobile or Etisalat and Airtel, and then resell those mobile data to end users in smaller quantity, making profits from each sales. But by reselling data through me, there has been the elimination of the need to have high enough capital to buy these mobile data in order to resell in smaller quantities. In fact, sales of data with profit begins with the purchase of the smallest quatity of mobile data you can buy. Also, you avoid encountering problems and errors relating to websites by having me manually and effectively deliver mobile data to your customers at the same cost to vending mobile data from a website.
Reselling mobile data through me is hassle free as you can easily resolve issues by contacting me directly. You have opportunity to get upgraded prices and many more special bonanzas from me.
Some screenshots of my transactions with my resellers on WhatsApp
To learn more about Data Reselling Click Here
To Start Data Reselling Business Genuine Click Here..
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