Wednesday, June 4, 2008

Tips In Starting Your Very Own Prepaid Phone Card Business

A prepaid phone card business is a very lucrative venture. Instead of subscribing to regular telecom services, these cards are being used by millions of subscribers around the globe for their communication needs. To enjoy the benefits of a successful prepaid phone card business, here are some tips to get you started.

Tip # 1: Determine Your Type Of Business

When you plan to use prepaid phone cards as your business niche, you can set up a retail store in your area or as a home-based venture – though the latter is much more convenient considering that you can cut the operations costs by avoiding rentals and manpower expenses.

Using the power of Internet, you can easily set up a home-based prepaid phone card business without any problem. All you need to do is buy a high-end computer and a stable Internet connection, as well as fax and a telephone line so that customers can give you a call anytime they wish.

Tip # 2: Selecting A Provider

Setting up a business is quite easy, yet looking for a quality provider might take you quite a while. In truth, there are plenty of prepaid phone card service providers in the market, and looking for one that offers quality service to their subscribers, as well lucrative rates for wholesaler agents and resellers need some in-depth research on your end.

It would be best to inquire a telecom company regarding their terms of service as a communication company. You might want to include certain details, like the features of their products, call coverage, rates on domestic and international calls, and so on. Remember, since your business depends on their product, it would be best to go for quality so as not to put your reputation as a business at risk.

Also, you might want to ask these providers if they can offer you Web-based services that will help you as their reseller; this includes Web-based billing systems, accounts management application, affiliation to known credit cards companies, as well as Internet-based payments, and so on. The more tools you have can simplify the running of your business, as well as providing decent coverage to your clients and customers.

Tips # 3: Marketing Strategy

Now that you have a home-based business set up and ready to go, all you need to do now is to implement Internet marketing strategies to spread the word around. It would be best to create your prepaid phone card business Web site with search engine optimization so that they can be picked up by different individuals using search engines.

While you're at it, you can spread your links around other Web sites so that your site can be accessible to their visitors as well. You can also publish keyword-rich articles with your site's links to increase the coverage of your business to potential customers on the Internet.

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