Where To Buy Data In Bulk For Resale – How To Become A Data Reseller
Where To Buy Data In Bulk For Resale – Have you ever heard of the term data reseller or wondered who a data reseller is? There are huge chances that you must have met one or even had dealings with one. When you hear data reseller, it simply means a person who purchases telecommunication network’s mobile data in very large quantities. The person purchases the telecommunication network’s mobile in these large quantities for the purpose of selling them to end users that is individuals who purchase the data to use on their phone, computers and other gadgets that need internet connection. He also sells the data to other data resellers who then resell to the end users. That is he acts as a wholesale data reseller while he supplies to retail data resellers who then sells to the end users. it is therefore safe to say that there are two main types of data resellers in the country which are Wholesale data reseller and Retail data reseller.
Where To Buy Data In Bulk For Resale In Lagos Island
KM 15, Silvershare Place, Lekki-Epe expressway, jakande first gate bus-stop,beside NICON Town estate, Lekki, Lagos
Where To Buy Data In Bulk For Resale In Lagos Mainland
Mighty Interactive Limited
66, Old Abeokuta Road, Opposite Wema Bank,
Pen-Cinema, Agege, Lagos, Nigeria.
LordTech Global Services Limited
29, Tijani Ashogbon Street,
Along Bariga Market Road,
Bariga, Lagos State, Nigeria.
(MANY PEOPLE COMPLAIN THAT LORDTECH DELAYS ALOT – BEWARE)
Where To Buy Data In Bulk For Resale In Ibadan
Hithe Technologies Nigeria
No 16 Ijokodo Central Market, Ijokodo Ibadan, Oyo State.
Nellobyte Systems Ltd
No 2 Army Barracks Road, Beside SAO Filling Station
Iwo-Road Ibadan, Oyo State
Becoming A Data Reseller In Nigeria (Starting SME Bundle Data Resale Business)
Earlier on in this article, we extensively discussed who a data reseller is and now we are going to talk about the data Reselling business in Nigeria, proper. Although you might have an idea by now, we’ll still take it from the very top. Data reselling business in Nigeria is a business in which telecommunication network SME bundles are purchased in bulk from the network providers at way lower prices than what is made available to the general public and network users and then resold to either final users who use the data directly on their internet enabled devices or to retail data sellers who are then the ones that would sell the data to the final users.
In whatever capacity you want to enter this data reselling business as, whether as a whole sale data reseller or a retail data reseller, the fact remains that if you know what you are doing and you know how to go about the business you will definitely cash out and amass a lot of profit. The reason for this is not far fetched. There is a ready market and all you have to do is make sure that the people are aware of the services that you have to offer. In case you have doubts about what we’ve just said, we are going to clear them with facts and figures. According to statistics, about 91,880,032 Nigerians have access to the internet meaning that the internet penetration rate in Nigeria is at 47.9%. Nigeria proudly occupies the position of Africa’s highest internet using country and this makes up 27.4% of Africa’s total internet usage. Hope you read that, if there is any place where the business of selling data will be a very successful of course it will be where there is a heavy internet usage which automatically translates to high demand for data.
We will not be surprised if you have now decided to go into the business of data reselling. Perhaps what is on your mind now is the best approach to use to penetrate the market. Do not be deceived, there are a lot of people who have seen how good the business is and are already into the business or are about to go into the business so you have a lot of strategizing and planning to do.
Nevertheless, you can commence the business of data reselling either as a wholesale data reseller or a retail data reseller. The wholesale data reseller is the person who buys directly from the network providers at a very low rate and can either sell to final users or retail data resellers. The retail data resellers on the other hand are the data resellers that bought the data from the wholesale data resellers and then sell to the final users. However, buying as a wholesale data reseller directly from the network providers needs a lot of capital as you have to buy them at very large quantities for the cost to be reduced for you. If you do not have enough money for that, then there is an option of buying quantities you can afford from the wholesalers and reselling to the final users until you have enough money to buy directly from the network providers. Both of these methods are good in their own right so it is just a matter of you selecting the one you are comfortable with and the one that you have the capital for.
There is no doubt that telecommunications business is one of the most lucrative businesses in Nigeria. Data reselling business can generate huge profits when you buy in bulk.
Factors to be considered before starting data resale business in Nigeria
1. Market availability:
Before you begin the business of reselling data, you need to consider the availability of your potential clients who will buy your data. Do you have an established client-base that are ready to buy from you before your data subscription expires?
When you are just starting out and do not have enough clients to market your data to, it’s better you talk to a wholesale data reseller (scroll up to the beginning of this article for their contact) who you can always pay to deliver data to your customers.
Do you have enough money to purchase bulk airtime and data for each of the major Nigerian networks? Buying the smallest MTN SME data plan alone costs N10K. If your budget can not handle this, you should consider reselling data via a wholesale data reseller.
3. Availability of each network SIM and Mobile Phones:
You need to buy phones and get a SIM for every network for which you intent reselling or sharing their data. If you cannot afford this, you should consider reselling through a wholesale data reseller.
4. Network reception:
Is there strong network reception in your area for the network for which you intend reselling. Poor network reception in your area will make you disappoint customers and increase the chances of encountering sharing errors.
5. Internet access:
You cannot be in the business of selling data and you do not have good internet access and connection. You need good internet access for a lot of reasons which include having swift communication with the person who supplies you with data as it is not every time that it will be convenient to make calls and in this instance you can communicate through message apps such as whatsapp and the like. Your customers can also reach you through whatsapp as it is no news that people find this mode of communication to be very convenient, so the internet access will help you have smooth communications with your clients as well as attend to them on time.
6. Access to internet (mobile) banking services: This is one of the very important factors you have to put into consideration before starting the business. You need to ensure that the wholesale data reseller, will get his money on time so that your customers will equally get their data in good time. What better way to achieve this than to ensure that you have access to 24/7 banking services which could be in the form of bank apps or sort codes and the like so that you can make the payments at anytime of the day and from wherever you might be.
Ways to start data reselling business
1. Reselling data by buying mobile data directly from network operators
This is the most common method of purchasing and reselling data. The reseller purchases data bundles in bulk from the network providers at rates that are so much cheaper than the regular offers and packages made available to the general public and network subscribers and then proceeds to resell the data to final users at a slightly higher cost and that is how the profit is realized.
2. Reselling data by buying mobile data directly from Wholesale Data Resellers.
Scroll up to the beginning of this post to see their contact details.