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How To Start A Data Reselling Business - Business - Nairaland

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How To Start A Data Reselling Business: The Complete Guide [2020] / Starting Data,itunes Card,vtu And Free Banking System Reselling Business / How to Start Mobile Data Reselling Business in Nigeria 2021 With Little Capital (2) (3) (4)

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How To Start A Data Reselling Business by Dilfgem(m): 8:27am On Mar 10
Did you know you that your bank makes millions of Naira daily simply by selling internet data bundles?

Yes, they do. This business is called data reselling.

You might have received such messages from your bank prompting you to subscribe data bundles via their mobile app or USSD codes. Have you ever stopped to wonder why?

Think about it for a moment… Don’t worry, I’ll wait.

Your bank invests a lot of money in developing their mobile apps and sending you message reminders like the one above just so you could buy data from them.

Here is something you should know…

They don’t do this because they want to make data convenient for you to purchase, they do this because they make a truckload of cash when you buy data from them.

Banks adopted the idea of selling data bundles to their customers as one of their core services because of the tremendous profit they reap.

Here’s how it works…

Banks buy data in bulk from network service operators (MTN, GLO, AIRTEL etc.) at extremely cheap prices, then add their own profit and sell to their customers.

When your bank buys data in bulk from network service operators, the network service providers give them discounts and sell to them at a very cheap price.

Hence, when your bank sells to you, they add their profit and make gains for themselves.

This is called data reselling!

The good news is, banks are not the only ones who can benefit from this business; you too can also make money from this business by becoming a data reseller.

Looking for a side hustle that can fetch you extra cash that doesn’t incur much stress?

This post is for you! Ensure you read to the very end.

Read full details on how to start it https://cheapinfo.xyz/how-to-start-a-data-reselling-business/

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