How Telecoms VTU Business Changed My Life To a Millionaire

The reason why it’s difficult for some Nigerians to have financial break through is not far fetched, when it comes to investmen, it takes forever to make up their mind. But when it comes to M-M-M and the likes, they are quick to conclude.

Dangote said and I qoute “It takes me 35 years to achieve what I have today,but most Nigerian youth want to become Dangote overnight”.
With VTU, your steady growth is assured and your efforts well compensated. This is not fast money ponzi

There are two ways people live in life,some live as a hunter and some live as a farmer….

A hunter is someone who when is hungry carries his gun and go to the bush and shoot animals,if he is hungry tomorrow, he does the same thing,the day animal finish in the bush what will he be shooting? Whereas A farmer will take a little seed to the farm,plant it,water regularly and after some times he harvest…. Amongst the two set of people who will get a better result?
Live like a farmer today and have a bountiful harvest in VTU business.

BUSINESS IDEOLOGY

– In December 2016, it was recorded that there were about 154, 529, 780 active GSM lines in Nigeria. The average amount an active GSM line user spends on airtime/data in a month is ₦2000.

– Quickteller does about ₦3billion monthly in VTU while an average bank in Nigeria makes ₦30billion[/b]annually when their subscribers use their mobile app to do VTU

– As at June 2016, NCC said Nigerians spend an average of ₦14 Billion naira daily (₦14,000,000,000) on airtime recharge alone &₦447,800,000,000 on recharge cards.

We haven’t talked about data subscription, cable TV subscription, Electricity bills payment yet, see how much money telecommunication companies make.

[b]Nigeria was ranked as the *5th Largest Telecom Market Globally

NCC Projected that Nigerians will spend #7 trillions On Calls & Data in year 2017

The inflow investment in Nigeria Telecom Industry Hit #21.4 Trillions* last two months

* Telecom Companies doing their best to reduce or phase out *Paper Recharge Cards* in order to cut cost & focus on *Virtual Top Up Technology (VTU)*

* Also adding Bill Payments like Cable TV, PHCN Bill, Waec/Jamb etc to VTU Portal

WHAT IF YOU ARE ABLE TO ATTRACT ABOUT 90,000 OF THESE 160 MILLION ACTIVE GSM USERS AND THEY SUBSCRIBE TO THIS WONDERFUL OPPORTUNITY? THINK ABOUT HOW MUCH YOU WILL EARN PER DAY, PER WEEK OR PER MONTH?

DIGITAL AND ANALOG

Some of Us still buy recharge cards to load airtime and then convert to data, and those who buy airtime and data online, either through their bank app or a topup service provider.

For those who still buy recharge card from roadside vendors, let me ask you: WHY SHOULD YOU PAY EXTRA MONEY JUST TO BUY MTN CARDS WHEN YOU CAN BUY YOUR AIRTIME AT SAME FACE VALUE AND STILL GET PAID JUST FOR RECHARGING? WHY?

For those who use their banks to topup their phones, I’m still wondering: WHY SHOULD YOU ALLOW THE BANKS CHARGE YOU FOR SMS ALERT JUST FOR USING THEIR SERVICES WHEREAS YOU CAN CARRY OUT MORE SERVICES (EVEN AT CHEAPER RATE) AND STILL BE PAID FOR USING THE PLATFORM

NOW HOW ARE YOU LOSING MONEY?

Check this out, when you top up your phone airtime via bank account on ATM or any other means, your bank makes as much as 5-15% from your purchase, and sadly you make 0% or even loose further from the SMS you received for topping up (SMS charges). If you multiply commission made by banks from millions of bank VTU transactions done daily, you will be amazed by the amount you will come up with.

Why is VTU now the Vogue?

– The BANKS are Crazy about VTU, GTB is doing VTU, Ecobank is doing VTU, StanbicIBTC is doing VTU & Raking Billions.

-Even the GSM Networks are doing VTU with their Credit Borrowing Idea and raking in 10% commision and stylishly taking market away from the Recharge Card/Paper vendors

-Recharge Card Business is fading out gradually, VTU is taking over

To get started, Register free on www.billpayz.ng

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Confirmed Steps to Starting A VTU Business in NigeriaAre you young and ready to work? Are you ready to earn some extra income? How about starting up a business with little capital that can bring you profits in a short while? Ever heard of VTU (Virtual Top-Up) Business? With very little investments, you can start your Virtual Top Up business and generate steady income by offering services like Airtime Recharge, Data Bundles, Utility Bills like Electricity bills, and Cable subscriptions.In this article, I will be introducing this business to you and I will be showing you a step by step process on how you can start YOUR OWN VTU Business and earn passive income. Exciting right? Let’s dive in right away!What is VTU Business All About? www.billpayz.ngA Virtual Top Business is a business where a vendor tops up customers with airtime. We are all familiar with the method of recharging our phones with a scratch card and USSD code. For example, MTN users recharge their phones using the code *555*XXXXXX*#. Virtual Top recharges customers through digital means. The user will automatically receive a notification that his phone has been recharged.With as little as 5000 naira, you can start selling recharge cards, data plans, and cable subscriptions right from your mobile device or tablet. As you grow you can expand and include cable subscriptions and electricity bills. There are some major key players in the VTU business in Nigeria today. Some of them include; Quickteller, billpayz, FunAirTopup and Limit amongst others.You may ask, what’s in it for me? Is the VTU business really profitable?Well, according to research, Nigeria has over 184 million active mobile lines as of December 2019. The average mobile phone user spends about N2000 on airtime monthly. Billions of Naira is spent on data every single month. This means you have a wide customer base. I mean everyone you know around you needs to keep in touch with their friends and family and they need airtime to do that! This business is on high demand in Nigeria and Virtual Top-up makes recharging and paying bills very seamlessYou get a 5% commission on airtime, data bundles, subscriptions, and bills.Why do you think all banks are in the VTU business? For every recharge you make, a 5% commission goes straight to the bank. You can make some money too!Now we know all about the VTU business, let’s get to the part you have been waiting for.Here are confirmed key steps to starting your own Virtual Top-Up (VTU) business:1. Go for the KnowledgeYes, you don’t need a BSc to start a VTU business, but you do need to have a good knowledge of what the business is all about. You can do this by learning from those who have already been in the business as well as attend seminars that educate you on VTU business. You will need strategies to stay at the top of your game, so go for knowledge!2. Get the materials you needYou will need to get VTU sim cards for each of the networks(Glo, MTN, 9mobile, Airtel) and load each of them with some substantial money. You could register with one phone by registering with a trusted VTU website like RAGP- Recharge And Get paid Ltd, and then become a vendor through your account.You might also need a physical shop that builds a level of trust with your customers because they know they can reach you when the need arises.3. Get the best LocationThis is a very important step. Strategically set up your business in a location that has a high demand and a large influx of people like in crowded areas or high traffic areas.4. Get FundingYou can get funds through personal savings or loans from friends or banks. With your laptop or smartphone, you can start with as low as N5000 on each of the VTU sim cards. You can get access to credit companies that help with funding in Nigeria!5. Register Your BusinessIf you are just starting as a one-man business, you might not need to register your business just yet but you are to have a Corporate Affairs Commission (CAC) registration.6. Promote Your BusinessThe power of social media cannot be overemphasized. Leverage social media to promote your business. You can build a very attractive and informative website that will attract customers and also advertise on social media like Facebook, Instagram, and Twitter. Build a strong network of people and stay updated on the latest trends, and offer quality services that will keep you ahead of other businesses.7. Manage Your Business As your business expands, you will need to employ and manage other retailers and distributors that will be helpful to your business. You need to expand your operations as your business grows.Get started on www.billpayz.ng

How to earn a passive income with VTU business in Nigeria .In Nigeria today, everyone needs a source of income to make ends meet. There are many options but most of the businesses require an insane amount of capital to start. VTU business is one of the most popular side businesses in Nigeria to earn extra income. In this article, we would be telling you all about VTU business and how to make profit from VTU in Nigeria. What is VTU? We believe you already know what VTU means; you only want to find out how you can be more successful in the business. This explanation is for those who do not know, or are not so sure what it is.VTU simply means “virtual top-up“. The entire concept of VTU was not so popular in Nigeria until a few years ago. In the not too distant past, users could not buy airtime or data from banks. But right now, so many Nigerians have gotten used to VTU, that they do not even remember that such an era existed. That was the era when paper “recharge cards” was so prevalent. 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Nigerians spend billions – and yes, you heard me – BILLIONS of Naira on data and airtime usage every month! VTU business is all about selling (or vending as we love to put it) everything VTU has to offer. This includes, but is not limited to: Data Airtime Recharge Card PINs Cable TV Subscription Electricity Bills Exam Scratch cards (WAEC, NECO, NABTEB etc.) Bulk SMS Sports Betting account top-up These are normal services an average VTU vendor can render to you. Although there are lots more; but from research and experience, I can say these are the most profitable and the most in demand services.How Do I Earn Money From VTU in Nigeria? This is one of the most important aspects of VTU business that confuses a lot of people. How exactly do I make money from the business? Well, the answer is quite simple. You handle VTU business the same way you handle literally any other business. Look for, and buy service top-up units at an affordable rate. Add your desired profit, find many customers to patronize you, and enjoy your profit. For instance, let us say you have a place or VTU website where you buy MTN SME data at ₦279/GB. You can choose to add a profit of ₦71 and sell it at ₦350/GB to your customers. Now imagine you are able to sell just 10GB every day, that’s an effortless ₦710 profit every single day. I am sure you can do the math and check how much you will make, if you are able to sell 50 to 100GB every day. Meanwhile, this calculation covers just MTN data alone. Just as I suggested earlier, VTU business is very lucrative if you play your cards correctly. There are Two Major Ways of Making Sales in VTU Business: Fixed Profit (or Commission-based) Sales Dynamic Profit-based Sales Let me explain what each of them entails. While vending services such as Cable TV subscription and payment of electricity bills to customers, you work with commission-based sales. 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Take Your Sales Offline – You will have an insane advantage if you have a physical shop where you can take cash and sell to people one on one. Some people are not really tech savvy and may have trust issues paying for a service online. Having a physical location boosts sales massively.Check Your Competition – Sometimes, it is easy to become lost and uninformed when you do not know what others are doing. Compare your prices with others. And do not sell so low that you do not make a profit; or too high that you do not make any sales. Promos and Giveaways – This part is hard to achieve if your are new in the business, and have not really started making much profit yet. But while you can, try running promos from time to time. Slash your price(s) for a few days, or even just a day to attract customers. Do giveaways to create awareness and get more contacts. After all, we all know “Naija loves awoof“. Conclusion You are invited to Sign Up on www.billpayz.ng and login to your dashboard. Fund your wallet and be ready for any customer demands, to begin selling data at retail price. Assuming 1GB on funairtopup.com.ng is N279, you can sell the same to customers at N350. That is a whooping N71 profit per GB sold. Remember to always adjust your prices, watch out for competition, and keep your customers close to you. Dedication matters a lot, and you will need to continuously search for new customers. If you follow these steps, you could earn a lot of money daily from VTU business in Nigeria. VTU business, Data business or whatever you personally call it still remains a profitable business in Nigeria. You can use it as a side hustle or main hustle and earn big. You can visit www.billpayz.ng to dive into the VTU business, as they are trusted and we recommend them