Monday, 21 May 2012


Good day friend, today I will be sharing with you how to start recharge card printing business in Nigeria .

The statistics available to me shows that GSM user's base is almost 100 millions and is still growing. Despite this million making potentials in the telecommunication-GSM industry, "some people" are still not making a living with it.
With the information on how to start this business sold everywhere in manuals, CD, softwares or VCD packages, I have noticed that a lot of people are still not investing in this business. What are the reasons? There are three reasons i have researched.
1. People habitually read, rather than make use of it, dump and start to tell stories.
2. Those who would have started but could not afford the start up capital-#400,000
3.Those who however, started discovered they could not make the money.
The bases of this eye-opening information are for the third category above-"those who however started but could not make the money". Rather than "return on investments" they can't ever get the "return of their investments".
The universal truth is still remains that business is a game of numbers. The more the number of people in your targeted market the possibility of making it big.  Pause!!!
Let me talk to our newbie, those who are reading the information for the first time or getting it in details like this for the first time, you are welcome to our blog. This introductory is for you.

Ever before now, these cards were being printed abroad and imported to this country by GSM service providers-MTN, ZAIN and GLOBACOM. However, it was stopped by the government by making it compulsory for all GSM service providers to print their prepaid calling cards here in Nigeria. This, therefore, opened another investment opportunities for Nigerians-Agents, Distributors, Retailers And The Consumers.

There are three options in the production of telephone (GSM) recharge cards, namely: dealership, sub-dealership and small scale recharge card printing.
....Mega GSM recharge Cards Dealership: This is a dealership/agency arrangement between the investor and the service providers. It is the most lucrative and rewarding but requires large amount of start up capital-#1,000,000.00
....Sub-Dealership: This is an arrangement that can be attached to those who are distributors depending on the dealer. It is for those who may not have the financial requirements to be direct agents to the network service provider. With a minimum of #400,000.00 start up capital you can be a sub-dealer.
....Small Scale Recharge (voucher printing): This is the one you can start with #100,000 and make mega profit.
There are two ways you can start printing recharge vouchers on small scale depending on the company you sign up with;
1.You can start printing through the internet
2.You can start printing with the voucher printing machine from a franchise company.

To print through the internet you need a computer, HP printer and software-enabler.
Once you set those up, register with the company and buy PIN to give you access. The software enables you to print vouchers from the website of the company registered with into the normal voucher format. The PINs are also obtained from authorized marketers/distributors to the company.

To print with machine, all you need to do is to register with the company and purchase the machine which does the printing. The machine is sold for #50,000 for the smaller one and #80,000 for bigger one and you must load it with a minimum of #10,000 PIN which can be spread to print all network. Subsequently, you can buy PIN from the same company as you want them without going to the network service providers.
What are needed?
1. Machine(orange box), Registration with the company, training and administration service.

2.Raw Material( for take off) #10,000.00

The machine is a small and portable device but very powerful. It uses two rechargeable finger batteries. You need only one machine to print all network vouchers which does not require any internet connectivity.
It is so easy to operate that you can get the whole techniques in just 5 minutes at the point of purchase. The franchise company assumes the responsibility of servicing it should there be any fault.

The only materials needed to start printing vouchers with this machine is paper. A roll of paper can print about 150 vouchers. The machine comes with two rolls of paper. A roll of paper is #75.00

Each machine is operated through a security code which will be known to the owner alone. The code is what gives you access to the machine and at such cannot be operated without it. If stolen, it is useless to whoever does that. It also keeps record of daily sales made should you give it to someone to operate. Time and serial numbers of vouchers are recorded also.

Each of the PIN is sold by the company on commission structure. You can buy the machine or PIN at designated banks or nearest branch of franchise company.

Will recommend just one company to you:
number 398, ikorodu road, Maryland, Lagos state

The CITISERVE NETWORK PARTNERS (CNP) is an emerging name of young entrepreneurs who continue to be trained in product awareness and appreciation in line with the CITISERVE ENTERPRENUERIAL EMPOWERMENT (CEED) program.
One outstanding benefit of this franchise company is that once you register with them, you become part of the network and are entitled to business training and administration services.

1.Register by obtaining and filling the CNP form which you can obtain from any of CITISERVE offices near you ar designated GTBank branches nationwide.
2. Get the orange Box
3.Load you orange box.
4.Get trained
Just visit or call the office for further details

Other Companies you can still get small scale voucher printing arrange with include
number 117, Allen Avenue(Tantalizer, Building, second floor), ikeja, Lagos

Their software and installation as at press time of this information is #20,000
You can order for your PIN from any part of the country through email with minimum of #10,000.00 .you will also be enlightened at the point of purchase how to use the software to print card.

   Penth House, 5th floor, 6-8 new isheri road, Ikeja Lagos state
Their software is free, you can download it from their website . You can also get the PIN from any part of the country through email.
                                    THAT IS ALL FOR NEWBIE
Now welcome back from the newbie's info.
The reason those who started could not make the money are: faulty marketing strategies and leadership skill.
Marketing is the "Livewire" of any thriving business. It is not enough to have the money to invest and printing enough vouchers. You can print #100,000.00 worth of vouchers now and still be broke.
What is the point? You must get your marketing and leadership skill right.
Leadership is all about influence and managing relationship with your customers while marketing is about attracting potentials customers.

Want to share a few tips with you that will guarantee you at least #200,000 a month.
Do you know that all the phone boot operators buy vouchers from accredited printers?
Design a small form to design names, phone numbers, address  e.t.c go out in every street, meters away from your residence depending on how far you can. Explain to any operator you meet that you want to do business with them. Also give them any benefit you think of. Give the form to the person to fill and find out how much voucher can the person buy in a day or week. As you take your leave, make sure you leave your contact with the person.
Go round. There are many of them around, be friendly with them and even offer to give them credibility facility. Don't be afraid, business is all about risk taking.
....Once you have collected as many contacts lets say at least 50 boot operators or even those who sell at home or at their shops. Build a database of the contact on anything, computer, notebook e.t.c.
....Obtain bulk SMS credits from any reseller to enable you send cheap I use BBN. With this you can start building relationship with them. This is where your leadership skill comes into play.
Let me share a secret with you. In this part of the world where people have lost the sense of the community, individual relationship has become paramount. So people appreciate personal relationship. Always text greetings and other things you think can speak to their emotions to them. Always send information about stock of vouchers.
If you have 50 people who can sell at least 50 vouchers of 100 each a day, i.e.50*50=#2500
you can calculate the profit yourself. That is just one day from fifty people. What about 100, 200, or 300 people. Don't say it is not possible it is. Calculate it in a month.
....Another thing you should do is this; do you know that people that buy recharge card traveled miles, or even ride on okada to buy from dealer?
If only some one could bring it down to them when they need it? This is their wish. People like ease and convenience thing. Rather than wait for them to come to you just start taking the vouchers to them. Encourage them to always pre-inform you when they are running out of stock. They will enjoy it.
....Try to give some credit facilities. Have you ever bought vouchers on wholesale? Those sellers don't give a dame. In fact they put strong gate or bar in front of you because you could also be an armed robber. They don't have relationship with customers “JUST PAY AND COLLECT YOUR CARDS" that is their philosophy.

HELLO with the above tips, I think it is a new dawn for you. Just pick up from where left off

If you have any question feel free to use the comment box or follow any of the means listed below to contact me. Wishing you best of luck in your business. 
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  1. Well, dz is a very nice and informative piece, nt only that, but also free! Thanks I hope pple will read dz and get enlightened. Keep up d good work. God bless

    1. thanks, i am very grateful you found the tutorAL USEFUL

  2. Pls what is the gain margin! in ur example if I actually do market well and get to sell 50 , N100 voulcher to 50 people each and make 250k!..wots my profit.
    How much do I gain as a dealer on every recharge I sell!

  3. #100 to 50 people thats #5000 capital. you should expect a gain of #400 to #500

  4. Thank u so much ur ur article is quite informative!


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