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How Profitable Is A Vtu Website. Is It Worth Investing In?? - Webmasters - Nairaland

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How Profitable Is A Vtu Website. Is It Worth Investing In?? by emmzo(m): 10:57pm On Dec 25, 2022
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.
Re: How Profitable Is A Vtu Website. Is It Worth Investing In?? by losprince(m): 7:35am On Dec 26, 2022
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.

1 Like

Re: How Profitable Is A Vtu Website. Is It Worth Investing In?? by DFSX7890(m): 11:00am On Jan 04, 2023
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.
Re: How Profitable Is A Vtu Website. Is It Worth Investing In?? by k2fresh: 10:51pm On Jan 05, 2023
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?
Re: How Profitable Is A Vtu Website. Is It Worth Investing In?? by Broobembem: 1:07pm On Feb 01, 2023
Re: How Profitable Is A Vtu Website. Is It Worth Investing In?? by Eeghe(f): 1:11pm On Feb 01, 2023
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Re: How Profitable Is A Vtu Website. Is It Worth Investing In?? by Broobembem: 1:22pm On Feb 01, 2023
Re: How Profitable Is A Vtu Website. Is It Worth Investing In?? by Eeghe(f): 1:25pm On Feb 01, 2023
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Re: How Profitable Is A Vtu Website. Is It Worth Investing In?? by Broobembem: 1:26pm On Feb 01, 2023
Thanks a lot.

Done


Cc Eeghe
Re: How Profitable Is A Vtu Website. Is It Worth Investing In?? by Eeghe(f): 1:30pm On Feb 01, 2023
Check the other thread

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