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How To Start Vtu Business With Just 3,500 - Investment - Nairaland

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How To Start Vtu Business With Just 3,500 by hannahwealth(f): 4:36pm On Nov 06, 2018
Facts About GSM Users and Credit usage in Nigeria.

Do you know?
-According to NCC , we have over 100 million active GSM LINES in Nigeria.
-Telecoms Average Revenue Per User in Nigeria is N2,000 per month, therefore
-Monthly airtime usage per month is N260 Billion
-Telecoms NOW is focusing on Virtual Top Up than logical sales (Paper recharge)
-Quickteller is the biggest airtime dealer in Virtual Top Up, doing over N2.5 billion every month.
-Super Dealers of GMS Networks retain 1% commission on recharge cards sold and Quickteller retains 5%.
-You can own your own Business Selling Airtime Recharge like Quickteller and earn up 5%
Why is VTU now the Vogue?
– The BANKS are Crazy about VTU, E.g GTB, Ecobank, Sterling bank etc
-Even The GSM Networks are doing VTU with their Credit Borrowing Idea and raking in 10% commission and codedly taking market away from the Recharge Card/Paper vendors
-Recharge Card Business is fading out gradually, VTU is taking over
This is an outstanding Business to Put your Money, even the Commercial Banks will not give you this kind of commission as Interest.

What is Virtual Top Up (VTU)?
The well known way of loading a phone with airtime credit is by buying a scratch card and then loading it on your phone with a USSD code. The other way is the digital method called Virtual Top Up (VTU), with VTU, the phone will be directly credited by the vendor and there will be no need for scratching a card or loading with USSD. The buyer will just receive an alert that his or her cell phone has been topped up.
Virtual Top Up therefore is a digital way of selling airtime credit automatically.
The well known and popular way by which vendor uses VTU is by buying a VTU SIM Card, for example MTN VTU SIM Card, or Airtel VTU SIM Card and then loading it with with an amount of money that will then be used a capital for vending the recharge card.

The advantage of this is that:
1. You dont need to carry Paper Recharge or Recharge Cards.
2. You can also do Mobile Recharge Card business.

The disadvantage of this is:
1. You will need to buy a SIM Card for each network and also load Money on each network in order to be able to Vend. E.g So you will need 4 SIM Cards, at least 3,000 naira credit value on each card and four phones or 2 double SIM Phones to carry all the SIM. HOWEVER, VTU BUSINESS JUST GOT BETTER.

How VTU Platform Works
There is a new innovation and more effective approach to VTU business. This has taken care of the disadvantages of the SIM loaded VTU. With the latest VTU technology, you can
1. Use One portal, just Activate VTU Selling platform as a reseller, partner, you can also access your VTU portal on a Web Platform or through your Mobile Phone.
2. Benefit as vendor, If it’s N2000 naira only you have to start, you will be able to use the money to sale ALL NETWORKS (MTN, 9Mobile etc ) .
3. You can use any type of phone with internet to sell airtime credit instantly.
Also, VTU Recharge Business gives you opportunity to earn a residual income every month.
With this plateform, You will start selling Airtime, Resell Data, Send Bulk Sms, Sale WAEC scratch card, Pay bills (Gotv, Dstv, Startime etc) even if you don't have a shop (I'll tell you how to start without being shop owner).
If your interested in starting this business you can reach me via my Email hannahwealth1@gmail.com, Whatsapp contact: 09062137514
Amount is #3500
Re: How To Start Vtu Business With Just 3,500 by fungirl89(m): 7:43pm On Nov 06, 2018
I'm interested
Re: How To Start Vtu Business With Just 3,500 by hannahwealth(f): 10:13pm On Nov 06, 2018
[quote author=fungirl89 post=72741459]I'm interested[/quote
send me mail let discuss though nothing much to talk about but ill explain how to use the plateform and other info you may need to proceed.
Re: How To Start Vtu Business With Just 3,500 by GreenAirCargo(m): 11:40pm On Nov 06, 2018
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Re: How To Start Vtu Business With Just 3,500 by firstimage: 4:49am On Jun 29, 2019
www.vtu.com.ng will cover You I believe b it help
Re: How To Start Vtu Business With Just 3,500 by Hi0oyy7: 1:17am On Jun 30, 2019

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