Data reselling business is basically buying of data in large amount from network provider such as MTN, Airtel, Etisalat, and Glo and selling it to those who need it in small quantities. Those who engage in this business are called data resellers.
HOW ARE THEY DOING THIS DATA RESELLING BUSINESS?
Data resellers do buy in quantities such as 10 Gigabytes, 20 Gigabytes, 50 Gigabytes, 100 Gigabytes, 200 Gigabytes and the sell it to those who need as small as 250 Megabytes, 500 Megabytes, 1000 Megabytes or 5 Gigabytes.
LUCRATIVENESS OF DATA RESELLING BUSINESS
Data reselling business is very lucrative and easy business to start, but it depends on the ability of the reseller to network fast and maintain customers.
On the average level, data reseller can make as much as hundred thousand naira or more in a month. They’re some benefits from the network providers which reseller also enjoy, example are: free call, free message or free browsing.
Another advantage data reselling business offers is the ability to do your business anywhere, your phone is your office. You will not need to bother about paying shop rent or task force closing your shop on environmental day.
What you need is your phone, and capital like ten thousand naira boom! Business don start!
THE ABRADACABRA OF DATA BUSSINESS IN NIGERIA
Almost all the telecommunication companies in Nigeria offer there subscribers (especially those that buy large amount of data) the ability to share there data with other people. Data reseller leverage on this opportunity and turn it to bussiness.
Telecomunication companies make the price of data cheaper for those buying in large quantities and when data reseller split it down the price become lesser than the actual price the companies sell to those that buy in small quantities. Therefore, people prefer buying from data reseller to buying from the telecommunication companies.
How to start data business
I started like an affiliate of other data seller. I registered under them and send my customers number to them while they gave me commission on each sales. I was discouraged because of stress that usually followed. At times the customers may not get the data and I would have to call customer care and the process is usually long.
I like being in control of whatever I’m doing, so I have to cut off some network and stand on my own.
Today I will be discussing on how to start data reselling MTN.
The platform we are using on MTN is known as SME. Under the SME you can share data as low as 500 and as high as 5000 megabytes to any MTN number.
First thing to do is to buy MTN Sim card, register it and change the plan on it to bizplus by pressing *460#.
Second thing to do is to call customer care to get your PIN. Before you can do this on your own but recently you are to call customer care to get it.
Third thing to do is to start sharing it to customers who have paid you.
How to share MTN data to you customers
You get the MTN number from your customer (be sure it is correct), then you type SMEB Number 500 PIN and send it to 131. The customer we get 500 megabytes immediately.
If it is 1GB, you will change the SMEB to SMEC and 500 to 1000.
If it is 2GB, you will change SMEB to SMED and 500 to 2000.
If it is 5GB, you will change SMEB to SMEE and 500 to 5000.
How to buy Bulk data
The least bulk data you can buy now is that of N10,000. You press *461#,it will bring options you’ll choose buying SME data and various package show.
For starter least package of 22GB for N10,000 is advisable.