Wednesday

THE TRUTH ABOUT RECHARGE CARD/VOUCHER BUSINESS


recharge card printing businessRecharge voucher printing business has gained popularity over the years with many people joining the wagon almost on a daily basis. Personally I have attended several training workshops and seminars on recharge voucher printing. I even gave out the download link of the recharge voucher printing software I bought some time ago. Having tried my hands on this business, I have come up with the following facts or truths.

The truth is that most of these seminar organizers don’t tell you the real truth about recharge card business. They feed you with lies of how you can become rich overnight by printing and selling recharge vouchers. I am not saying that one cannot make it from printing and selling recharge vouchers, but the bitter truth is that the profits you get from recharge voucher printing is very little but increases over time with increased volume of sale.
Recharge voucher printing is not a “Get Rich Quick” scheme as portrayed by many internet marketers and training facilitators. You have to understand that it grows over time and therefore you need patience, consistency and endurance to push through. Please change your mind set about this business before you even start otherwise you will become frustrated in the first few months.  
If you want to start seeing results early enough, then you need to start the business with a huge capital. Most of these training facilitators with tell you that you can start the business with as little as N10,000 and still make a profit of N120,000 monthly. That’s a very big lie.
To be candid with you, it is not possible to start this business with N10,000 especially if you must print the cards yourself. This is because there are a whole lot of things to buy before you can kick start this business. For example, you need a Printer, a Computer or a Laptop, You need access to the internet to download your e-pins from the dealers, you need to buy the recharge voucher printing software from the dealers etc and only one of these items costs way above N10,000.  
Who says you must print recharge cards to make it? You can decide to become a sub-dealer by buying recharge vouchers in bulk form dealers and reselling. In fact this is to me the best way to make it with less stress. Save yourself the stress of buying bulk pins and printing it out as recharge vouchers. You can simply cut the production cycle and buy already printed vouchers at printing price from major dealers. You will still make your cool money but with less stress.
One truth these seminar facilitators are not telling you is that the profit you will make from buying and reselling already printed vouchers is the same, if not greater than printing recharge vouchers. Ok let’s do the maths together. For example, if you order for 100 units of MTN 100 Pins, most dealers usually sell at 97 Naira per pin. But if you decide to buy already printed vouchers, for example, an A4 sheet of MTN 100 naira recharge vouchers usually have 10 recharge vouchers on it, and is sold for N950, meaning that each voucher is sold for N95. So which do you prefer?  
Let me give you some reasons why buying recharge vouchers in bulk and reselling it is cheaper and less stressful than printing recharge vouchers. If you decide to buy recharge vouchers from major dealers at printing price,
You will save money on acquiring a computer or laptop,
You wouldn’t need to buy a printer,
You wouldn’t need an internet connection,
You will save money on buying e-pins from dealers,
You wouldn’t also need a printing paper and most interestingly,
You can start with as little as N10,000.

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Cheers!!!!!!!!
Chukwuemeka Nkwocha


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