Merry Xmas everyone
I wanted creating my vtu website but I'm confused if it's profitable or not.

Please share your thoughts and ideas if you are already into it or have any knowledge about it.

Please let's communicate, thanks.

emmzo:
Merry Xmas everyone
I wanted creating my vtu website but I'm confused if it's profitable or not.

Please share your thoughts and ideas if you are already into it or have any knowledge about it.

Please let's communicate, thanks.

It's quite saturated and not very profitable. To make profit that's worthwhile, you'll need to grow the volume of your customers to hundreds of thousands per day and that is not an easy thing to do.

Moreover, every bank now provides vtu services and there are more vtu websites and apps than social media ones.

So before you find a poor programmer who is going to offer to build you one for 15k to 25k, just know that this business will require you to put millions of naira in investment before you can even dream of making a decent MMR.

For every N10,000 sales you make, you gain N300-N500. This means that if you can make N50,000 sales daily, you can make N45,000-N75,000 monthly. This is why setting up your VTU business in an area with high demand is highly important.

DFSX7890:
For every N10,000 sales you make, you gain N300-N500. This means that if you can make N50,000 sales daily, you can make N45,000-N75,000 monthly. This is why setting up your VTU business in an area with high demand is highly important.

My concern is actually promotion.How much money do I need to spend on ad before I begin to see any progress and how long?

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Thanks a lot.

Done


Cc Eeghe

Check the other thread