Data bundle reselling business in Nigeria is now a fast-growing online/offline business. A day can't go by without someone making use of the internet, which is definitely being paid to stay connected, so are lots of chances to make money from it.
What Is Data Bundle Reselling Business?
Data Bundle Reselling business simply means the buying of internet data bundles in bulk or large quantities from network carriers and selling in them slits, that is, smaller units to end-users, so as to make profits.
The buying and selling of internet data bundles are lucrative. As people can't do without internet on a daily basis, they need to stay subscribed by paying certain amounts which cannot be avoided.
Not everyone is ready to be paying that high amounts network charges when there are data resellers who sell at cheaper prices.
For example, MTN sells 1.5gb at 1000, and you can get 2gb at the same price value from a data bundle reseller.
A data bundle reseller buys data bundle in bulk and resells in slits at a cheaper price, compared to that of the network themselves.
You actually need customers before you start making money from this data business.
When you know how to reach out to your customers, you will always make the best of profits on a monthly basis.
You might want to see how I started making 80k and above every single month from data reselling business.Hard work made me attain this amount and still increasing.
I don’t really have much to say on this topic because it is very simple and easy. All you have to do is just to follow the guide in this article on How to start data bundle reselling business in Nigeria.
I have written this article in a question and answer format. This is to make things easier because I have answered if not all, but touched every aspect a beginner needs to know about this data bundle reselling business pack.
Data reselling business can be started in two different ways.
- Being an Independent reseller: Whereby you are your own boss. you sell the data directly from your mobile phone and need no internet. You control your price here.
- Retail reseller: Here, you work for a company or person (you serve as a middleman). These companies or persons already made the deals and give out cheap prices for you to resell. They control the price but you only need to add your profits to it.
Let us start with the second option. As it has no risk and requires low capital.
Retail Reseller (recommended for starters):
Here, you can work with our data reselling company; TheFortuneWeb. We offer the cheapest price on the internet.
But before that, let me quickly take you through the price list at which you can buy these data bundles from our company.
MTN Data prices have recently changed (increased). This table has been updated with the new prices.
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Now that you have known the direct prices, it is yours to decide and set your profit margin. But, I advise setting this based on the market price from other data resellers. A N50 profit on each sale is not too much.
What Is Data Bundle Reselling Pack?
Data bundle reselling pack is a reseller package that allows you to buy internet data subscriptions in bulk and distribute to your beneficiaries in smaller units.
Who Are Data Resellers?
Data resellers are individuals that run internet data bundle reselling business. They buy data bundles in bulk/pack and resell at their price which will vary based on data bundle sizes.
Starting Internet Data Bundle Reselling Business in Nigeria In 2020
If you are looking into how to make money online and offline, this is a great opportunity for you. As people cannot do without buying internet data subscriptions every day. You can get a share from these daily data bundle purchases.
You can be making over N25000 in profits every month as a starter. You buy at cheaper prices and resell at your price. Meaning, your profits solely depends on you.
Benefits Of Internet Data Bundle Reseller
- You earn money per sale (as low as N50). For instance, you buy MTN 1GB at the rate of N300, you can resell at N400 or N500. That gives you a profit of N100 or N200 respectively.
- You don't need a huge capital to start this business.
- building your brand for yourself.
- making an online presence.
- You gain people's trust and this leads to more sales even when you introduce your own products to them.
What Are The Networks That I Can Resell Their Data?
The four major networks in Nigeria which are MTN, GLO, 9Mobile, Airtel. But as at now, 9mobile data is not available on site.
Hope This Is Not Same As SME?
Yes, This is the same as SME but what makes it different is that there is no risk for you. You don't need to spend N10000 to buy in bulk or have different sims before you can sell for all networks.
These companies had taken this place and taking the risk too.
All you need is an internet connection. You will have an online wallet with our company where your data purchases will be charged from.
Also, no expiry of your money because your data expiry will start only when you make a purchase for the data.
What Is The Company Like?
Our data vending portal is free to use with no hidden charges.
It is from your deposited money in your online wallet that all your transactions will be deducted from.
How Do I Fund My Account?
There are options available for account funding;
- Card payments (Credit Cards or Debit Cards).
- Bank deposits or transfers.
- Airtime deposits (charges 20%).
Whichever method you select, your account gets credited instantly except for bank transfers into our account (which takes up to 20 minutes). More info can be seen on the website page.
How Instant Can My Wallet Be Funded?
It is instant when you use your credit/debit card and make online transfers through banking apps, other method takes up to 20 minutes.
When Can I Buy Data?
You can buy data 24/7.
How Fast Is The Data Delivery?
This depends on the network’s strength but I tell you, it has always been instant. There is a column on the dashboard page where you see the signal strengths of networks before you make a purchase. When the signal is poor, the delivery gets slow. But, when excellent, it's fast.
Hope This Is Not A Scam?
No and never, VERY LEGIT.
How Much Can I Use To Start This Data Reselling Business?
You can start with as low as N1000, depending on the data size price you are purchasing. But I do recommend you to start with N5000 or higher. This will save you from bank-charges and also make you monitor your profits well.
How Much Can I Earn From This Business?
This really depends on your marketing skills and how devoted you are. You have to promote or advertise to people that you sell cheap browsing data bundles. The more clients you get, the more money you make.
For example, if you make 10 sales daily and gets a profit of N50 to N100 on each sale, you earn N500 to N1000 daily and that’s N15000 to N30000 monthly.
How Are My Profits Paid?
You don’t have to get paid by the company. All your profits are in your bank account. Whenever you get a customer, they pay your charged price into your bank account. You then buy from your balance on the website at a normal rate.
That is, if you charge N400 for MTN 1GB and the buyer pays into your account, you then pay N300 for the 1GB on the our data vending website from your available wallet balance. So, you have a profit of N100 in your bank account.
How Do I Make More Sales?
Like I mentioned earlier, this depends on your marketing skills. You can make more sales by posting on social media, emailing your friends and advertising on forums and blogs.
Even, you can make handbills and wall posters to paste around.
For more insight on how to promote or advertise your data business, I have shared some Effective Ways To Promote Your Data Reselling Business
I have also packaged a guide that will teach you how to use WhatsApp as a powerful marketing tool and make sales (only available for you when you choose the independent Reseller option).
How To Become A Data Reseller?
To become a data reseller is very easy. Simply register an account from the link below and fund your online wallet.
Visit our portal on https://thefortuneweb.com
Make sure to input your valid details during registration. Your account will be activated instantly for business if you fund your account. For help, you can contact Hope Adeniran via [email protected]
Other Services Available
- Cable TV subscriptions. E.g. GoTV, DsTV and Startimes.
- Send bulkSMS.
- Buy airtime VTU.
- Have lifetime support from admin (ME).
All these are the benefits you are entitled to as a member of TheFortuneWeb.
Before we proceed, let me share this with you:
The right time to start selling internet bundles is now. Why?
The minimum profit you make on each sale is N100 on selling MTN data alone. You buy mtn 1GB at N300 and sell at N400.
If you can be making 10 sales daily of 1GB, that's N1000 in profits for you daily and in a month, that's N30,000.
These sales are easy to attain daily if you know how to promote your new data business.
Also, remember that it's just a side business. You can keep doing your daily work and have this extra 30k monthly.
Now to the first option to start this business which is Independent reselling.
You can be your own boss just like me and make more money daily.
Click here to learn how to become an independent data bundle reseller and be earning at least N90k monthly just like me.
Need more verification?
You can call or chat me up on WhatsApp with the number below.
Or click here to WhatsApp me directly
It’s now left for you to make a decision and get yourself registered as a reseller to start making money.
Remember, success does not come if a step is not taken.
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