How Do I Start Data Reselling business?

data reseller in an individual who purchases data bundles from VTU platforms and telecommunication companies and sells to people at a higher price to make a profit.

These days, financial institutions such as banks, fintech companies have added airtime top-up and data purchase to their services. They get to make money when their customer purchase data and airtime from their platform.

Nigeria has four telecommunications companies which are Airtel, Glo, MTN and 9Mobile. However, MTN has the largest coverage in Nigeria due to the large number of internet users who use their service.

MTN sells 1GB for ₦1,000 and 1.5Gb for ₦1,200. As a data reseller, you can get 1GB MTN data for as low as ₦250 and sell them for ₦400 or even more. A data reseller can purchase such data at a cheaper rate and sell to his customers at a higher rate.

WHO IS A DATA RESELLER?

A data reseller is an individual who gets internet data bundles at a very cheap price and resells it at his own rate to earn profit from it.

A data reseller can sell data through his website, social media channels or via his wallet. Today, we have a lot of data resellers selling internet data on Facebook and Instagram.

A data reseller is a middleman between the telecommunication company and the consumer. The data reseller buys bulk data at a reduced price and he sells it to the end-users.

HOW MUCH DO I NEED TO START START DATA RESELLING BUSINESS?

Since you do not have the financial power or connection to go into direct partnership with telecommunication networks, you can become a reseller by getting a data reselling pack from a data reselling platform.

Data reselling is one of the cheapest online businesses to start today. It requires little money to start and you can start this business for as ₦1,000 (depending on the scale you want to operate).

Even if you want to go on a large scale by setting up a website for your data reselling business, you don’t need huge capital for it. However, your capital depends on the level you intend to operate. You cannot start the data reselling business with ₦1,000 and you expect to make ₦10,000 daily.

You start the data bundle reselling business on the data size and scale you intend to operate. If you are going to be reselling and transacting with a large number of people daily, then you will need to start with ₦10,000 above.

GUIDE ON HOW TO START DATA RESSELLING BUSINESS

To start data reselling, you need a reselling platform. A reselling  platforms are places or websites where you can get airtime and data at cheap rates. Even if you are not buying data in bulk, these companies allow you to get access to cheap data bundles online.

Therefore, data reselling companies allow you to purchase data at the same rate the banks buy them – even if you are not buying it in bulk.

There are various platforms you can start data reselling in Nigeria but we recommend EmmyTopup.

The EmmyTopup is very easy to use. All you need is to register and get started. After Registration, you have to fund your wallet with minimum of ₦1000 to start purchasing Data, Airtime, TV Cables, Electricity and others. EmmyTopup remains the Best!!!

HOW TO REGISTER OR CREATE THE EMMYTOPUP ACCOUNT

  1. Register on this website: https://emmytopup.com
  2. Contact their support for account approval (reason been that not all Dicks and Harry can register on their platform)
  3. Fund your wallet with your unique account number. (wema or Rolez) it is automatic and you can fund it at anytime of the day or click here to learn
  4. Click on ‘menu’ (if you’re using a mobile browser, this is located at the top left).
  5. Click on ‘Data Menu’ and select ‘Buy Data.
  6. Select the network of your choice.
  7. Choose the data plan you want and type in your number.
  8. Click’ buy data’ (you’ll be required to fund your wallet before you can start to use any of the services.)

When you click ‘buy data ‘your data should be deposited in your mobile line within Nano seconds as they are very fast.

After that, what next? Well, I am very happy to inform you that you are done with the buying now its reselling!

WHY YOU SHOULD START DATA RESELLING BUSINESS?

Without mincing words, there are various reasons why you may decide to start data reselling business this year. Some of them include;

  • Low capital to start up, you don’t need to borrow huge loans to get capital to start this business.
  • You can sell data to people with your smartphone.
  • You don’t need to have a website to start.
  • You make commissions and make profits from each sale.
  • Data reselling is less stressful compared to SME data.

BENEFITS OF DATA RESELLING BUSINESS

There are lots of opportunities and benefits for data resellers. If you make a decision to start internet data bundle reselling business today, here are some of the privileges you would enjoy.

  • You get to build a brand for yourself.
  • You make a lot of profits for yourself.
  • You make money online by selling data bundles.
  • You grow your brand into a VTU business and start selling services.
  • Payments are made to your bank account.
  • You make commissions for yourself when you help people to pay their electrical bills.
  • People will see you as a reliable person if you are legit.
  • People will also refer you to their friends if your services are legit.
  • You can also do DSTV/StarTimes/GoTV subscriptions, sell airtime and send bulk messages as a data reseller

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