HOW TO START PRINTING GSM
RECHARGE VOUCHERS (MTN, GLO,
ZAIN/ AIRTEL, STARCOMMS AND
ETISALAT)
Recharge card printing business on small scale in
Nigeria
Before now, printing and selling of GSM Vouchers
has been a business reserved exclusively for the
big distributors. But now all that have changed,
it’s all about who is interested. Just considering
that recharge card consumption in the country is
expected to reach over 50 million each month
would make any one who may never have been
interested in recharge card business to consider
making an investment. And getting to know that
you can actually control your own market (no
matter how small) by printing vouchers on your
own and distributing them to clique of outlets,
makes the business even more interesting. The
recharge card market is so lucrative that banks are
jostling for market share.
According to a survey conducted in 2004, recharge
cards are the fastest selling product in the country-
only second to pure water; imagine how lucrative
investing in the business could be-with an
insatiable demand for more and more cards.
THE PROJECT
With deregulation of telecom industry, comes an
assortment of options for Nigeria telecom
consumers –pre-paid phone cards represents a
convenient way of placing local & international
calls and provides a big saving over traditional
telephone lines.
1. WHAT DO I NEED TO START?
The things you need to start with are:
i. A Computer (You can buy any computer of your
choice)
ii. A Printer (Colored or black & white)
iii. Software that generates the pin numbers (this
will be installed in your computer)
iv. Bulk pin (this you will be buying to generate
your pin numbers)
WHERE DO I GET THE SOFT WARES AND BULK
PINS AND AT WHAT PRICES
I am going to give you three sources from where
you can get them. It is then left for you to choose
anyone of your choice. Also note that their prices
may change with time, so you have to contact
them directly for their current price.
RINGO TELECOMS
Address: 117 Allen Avenue Ikeja (Tantalizer
Building)
Tel : 08032030771, 08060079090, 08054505959
Their software and installation price is N15, 000
THEIR PRICES (note that the prices here fluctuate
&hence negotiable)
MTN 100 - 93
MTN 200 - 189
ZAIN 50 - 44
ZAIN 100 - 90
ZAIN 200 - 180
ZAIN 500 - 450
GLO 100 - 93
GLO 150 - 138
You can order for your pin from any part of Nigeria
through E-mail. With a minimum of N95, 000, you
will be taught at the point of purchase on how to
use software to print GSM Vouchers.
2. PREPAID NIGERIA
Penth House, 5th floor 6 – 8 New Isheri Road,
Ikeja, Lagos
Tel: 01-7914279 or 08032036770
Web: ww.ngrgsm.com
THEIR PRICES
ZAIN: 100 – 93
ZAIN: 200 – 185
ZAIN: 500 – 460
GLO: 100 – 94
GLO: 150 – 139
GLO: 300 – 278
GLO: 500 – 450
MTN: 100 – 92
MTN: 200 - 190
N.B The software is free and you can download it
from their website: www.ngrgsm.com or
www.prepaidnigeria.com
You can get your PIN from any part of Nigeria
through E-mail. You can order for any amount of
PIN you want.
3. CITISERVE NETWORK
If you are using this system, you do not need
computers, software or printers. You will only
need a small machine called orange box which
they will sell to you at N15,000. You will need to
order for the PIN with a minimum of N5, 000. you
can get your orange box at No. 368 Ikorodu
Road, Maryland , Lagos or call
08033604265,08055633648
THEIR PRICES
ZAIN: 100 – 92
ZAIN: 200 – 188
ZAIN: 500 – 455
ZAIN: 1000 – 920
GLO: 100 – 94
GLO: 150 – 141
GLO: 300 – 280
GLO: 500 – 457
GLO: 1000 – 883.5
MTN: 100 – 94
MTN: 200 – 190
MTN: 400 – 385
MTN: 750 – 720
STARCOMMS: 500 – 468
STARCOMMS: 1000 – 931
MTEL: 250 – 225
MTEL: 400 – 358
COOL TALK: 200 – 174
COOL TALK: 300 – 265
COOL TALK: 500 – 425
WHO AM I SELLING TO ( Where is the
TARGET MARKET)
Your target market is divided into GSM
call centers
1. GSM call centers
2. Road Side Recharge Card Vendors
3. Individuals
OPPORTUNITY FOR BIG TIME INVESTOR
Even though we have almost brought down the
cost of voucher printing to the lowest entry cost, it
holds more profit advantage for a big time
investor. Almost all Airtel (Celtel) N500 vouchers
are printed by third parties or Airtel (Celtel)
distributors. Imagine where a distributor can print
and distribute just 5,000 of those fast selling N500
vouchers on a daily basis. Even at a profit say N10
per cards that company would be making profit of
about N1.5million a month just selling recharge
cards. Then imagine where you sell more, which of
course you can. And even if you decide to invest
only in recharge card as your core business,
making a profit of N18 million is not “bad at all”
like the Americans would say, for a company in its
first year of operation.
OPPORTUNITY FOR SMALL – SCALE INVESTMENT
You can start small with as little as N10,000 by
working with any computer center that you trust
before you acquire your own system, all you need
to do it to discuss with any of sources stated
below how much you would like to start with,
then, you will be on your way to making over
N200,000 profit on a monthly basis.
HOW TO AVOID PITFALLS THAT MAY CAUSE YOU
TO LOOSE YOUR INVESTMENT
Just like every other business in life, it’s not
devoid of its challenges that may even lead to
losing your investment. However, the most
challenging aspect of voucher business is not the
printing but the marketing. You can print 100,000
vouchers in a day if you have the resources, but
how many vouchers are you capable of selling on a
daily basis.
This is where marketing plan comes in. you need
great ideas to take vouchers right down to those
who need them when they need them. That means
being everywhere that you may be needed. And
only great marketing plans can help you achieve
that. You may need to discover new GSM
marketing ideas that work.
Thursday, 21 August 2014
HOW TO START PRINTING GSM RECHARGE VOUCHERS (MTN, GLO, ZAIN/ AIRTEL, STARCOMMS AND ETISALAT)
How to fund and withdraw money from your PayPal account even if you are in Nigeria
How to open a PayPal account and fund it has
been hot topics for most bloggers from a country
like Nigeria, but no one ever says "How to fund
and withdraw money from your PayPal account
even if you are in Nigeria", and that is why I
researched and came up with this result.
Before you continue reading this, I know you have
read my tutorial on “ how to open and verify
PayPal account ” and that you already have a
verified PayPal account, if not then you have to
switch to it here to get your own account before
you can continue with this post.
How to fund PayPal account:
There are many ways to fund your PayPal account
today, they include:
1. Buying fund from others with a local currency
2. Buying from exchangers
3. Earning payments into PayPal account: this is
the method I us, I have never paid anyone to fund
PayPal account for me and I do not dream of
doing it any day.
How to withdraw your money from PayPal
account:
1. Shop online: you can use your PayPal fund to
shop on most online shops. It depends on your
own needs. Basically, I use my funds to shop for
downloadable materials when I need them but this
is not always. So, if you have fund in your PayPal
account, you can use it to purchase for goods and
services as you wish on the internet.
2. Sell it to people: there are people who want to
shop online; here you charge based on the local
currency exchange rate of your country and have
them pay into your local bank account and then
help them pay online or transfer the fund to their
account.
3. Sell it to exchangers: This is the best form
especially if you are my kind of person. I do not
like leaving more than $200 in my PayPal account
and anytime I have more than that, I do not wait
for people to request for it, I simply sell it
because I don’t want Tales that touch the heart;
“Your account has been limited …” This can
happen anyway to anyone so I don’t fear hearing
it as I do not have lots of fund in it. If they freeze
the account, I simply open a new one.
The exchangers for PayPal fund withdrawal
1. http://www.minute-exchange.com/ : Minute-
Exchange is a major exchanger for most online
currency merchants such as: Liberty Reserve,
Perfect Money, Webmoney, Pecunix, WiredPay,
OKpay, AlterPay and others; they exchange one
fund to another. This is the best option for people
from the same country as I. I am a Nigerian, no
doubt, with limitations on the internet for reasons
known to then all. We have lots of local
exchangers for http://www.libertyreserve.com/ .
So, what I do is to exchange my PayPal fund for
LibertyReserve USD and have my local
www.LibertyReserve.com exchanger pay into my
local bank account. That’s all; lots of work you
may say, but this is the safest way. There is no
short-cut to success.
2. http://www.exchangemoneyplace.com/ : This
was actually the first method I used but I had to
research for a more favorable one because of the
lots of much service charges by the individuals on
this forum. The good thing about the above is that
you can by chance meet an exchanger who is
from your country or who can exchange your fund
for your local currency. No long thing. But there
is a lot of risks a most of them do not have
websites and anything can happen to your fund,
no doubts. But if you continue to use the
exchangers that are in the top rating list, your
fund is safe. What if they do not match your
need? Use the one above.
How to fund your PayPal account:
1. Without a waste of time do the vice-versa of
the above method and you get your PayPal
account funded!
2. https://wm-center.com/exchange/ : this
website does exchange LibertyReserve for PayPal
at the rate of 7% of the total amount for each
transaction. I do not use them but I know that at
the time of this report, there has been not SCAM
report from anyone about their services.
Any question? Then leave a comment here.
Wednesday, 18 December 2013
Headmaster Rapes 9-Year-Old Student In Bauchi
In a very disturbing incident, an assistant
Headmaster of Jibril Aminu Primary School in
Bauchi has been nabbed for raping a 9-year-
old pupil of the school.
42-year-old Mr James Dantayi was arrested
after police received the complaint of a rape
incident in the school.
Sources have revealed that the rape victim was
a primary three pupil.
"The victim who is a pupil of Jibril Aminu
Primary school was raped by their assistant
headmaster after school hours.
"When the girl got home, her parents became
suspicious of their daughter's disposition and
decided to investigate it.
"After interrogation, they discovered that she
was raped by the assistant headmaster." - The
source stated.
The victim has now been taken to the Abubakar
Tafawa Balewa University Teaching Hospital
Bauchi for medical examination.