RECHARGE CARD PRINTING BUSINESS

This tutorial would teach you how to print and market Recharge card vouchers anywhere in Nigeria. Here it comes...


MY ADVICE
I may want to advice you that, if you are starting with any amount less than N300, 000, instead of printing, why not go to the nearest dealer to you and discuss with them that you want to buy in bulk. They would ask you how much you are starting with,and would reduce the price for you based on this amount. I think this is cheaper than printing by yourself.

UPDATE: When I wrote this post, the companies listed in this post were sources of the recharge cards. But I have discovered a new and better recharge card printing method. Please click the link below to read more about it.



INTRODUCTION

Before now, printing and selling of GSM Vouchers has been a business reserved
exclusively for the big distributors. But now all that have changed, it’s all about who is
interested. Just considering that recharge card consumption in the country is expected to
reach over 50 million each month would make any one who may never have been
interested in recharge card business to consider making an investment. And getting to
know that you can actually control your own market (no matter how small) by printing
vouchers on your own and distributing them to clique of outlets, makes the business even
more interesting. The recharge card market is so lucrative that banks are jostling for
market share.
According to a survey conducted in 2004, recharge cards are the fastest selling product in
the country-only second to pure water, imagine how lucrative investing in the business
could be-with an insatiable demand for more and more cards.

OPPORTUNITY FOR BIG TIME INVESTOR

Even though we have almost brought down the cost of voucher printing to the lowest
entry cost, it holds more profit advantage for a big time investor. Almost all Celtel N500
vouchers are printed by third parties or Celtel distributors. Imagine where a distributor
can print and distribute just 5,000 of those fast selling N500 vouchers on a daily basis.
Even at a profit say N10 per cards that company would be making profit of about
N1.5million a month just selling recharge cards. Then imagine where you sell more,
which of course you can. And even if you decide to invest only in recharge card as your
core business, making a profit of N18 million is not “bad at all” like the Americans
would say, for a company in its first year of operation.

OPPORTUNITY FOR SMALL – SCALE INVESTMENT

You can start small with as little as N9000 by working with any computer center that
you trust before you acquire your own system, all you need to do it to discuss with any
of sources stated below how much you would like to start with, then, you will be on
your way to making over N200,000 profit on a monthly basis.

HOW TO AVOID PITFALLS THAT MAY CAUSE YOU TO LOOSE YOUR
INVESTMENT

Just like every other business in life, it’s not devoid of its challenges that may even lead
to losing your investment. However, the most challenging aspect of voucher business is
not the printing but the marketing. You can print 100,000 vouchers in a day if you have
the resources, but how many vouchers are you capable of selling on a daily basis.
This is where marketing plan comes in. you need great ideas to take vouchers right down
to those who need them when they need them. That means being everywhere that you
may be needed. And only great marketing plans can help you achieve that. You may need
to discover new GSM marketing ideas that works.

THE PROJECT

With deregulation of telecom industry, comes an assortment of options for Nigeria
telecom consumers –pre-paid phone cards represents a convenient way of placing local &
international calls and provides a big saving over traditional telephone lines.

THE PROJECT
CAN YOU GIVE ANSWERS TO THE FOLLOWING QUESTIONS
1. How many GSM call centers are in the streets of Nigeria ?
2. How many people use GSM phones in Nigeria ?
3.How many recharge cards are loaded by both individuals and GSM
call centers.

By now you should know where I am heading to. Whether you believe it or not GSM has
become an essential commodity in Nigeria . So what are you waiting for?

1.WHAT DO I NEED TO START?
The things you need to start with are:
? A Computer (You can buy any computer of your choice)
? A Printer (Coloured or black & white)
? Software that generates the pin numbers (this will be installed in your
computer)
? Bulk pin (this you will be buying to generate your pin numbers)

WHERE DO I GET THE SOFT WARES AND BULK PINS AND AT
WHAT PRICES
I am going to give you three sources from where you can get them. It is then left
for you to choose anyone of your choice.

RINGO TELECOMS
Address:
117 Allen Avenue Ikeja ( Tantalizer Building )
Tel:08032030771, 08060079090, 08054505959
Their software and installation price is N15,000
THEIR PRICES(note that the prices here fluctuate &hence negotiable)

MTN 100-94
MTN 200-189
CELTEL 50-45
CELTEL 100-90
CELTEL 200-180
CELTEL 500-450
GLO 100-93
GLO 150-138

You can order for your pin from any part of Nigeria through E-mail. With a
minimum of N95,000, you will be taught at the point of purchase on how to use


PREPAID NIGERIA
Penth House, 5th floor 6 – 8 New Isheri Road , Ikeja, Lagos
Tel: 01-7914279 or 08032036770
Web: ww.ngrgsm.com

THEIR PRICES
CELTEL:
100 – 93
CELTEL:
200 – 185
CELTEL:
500 – 460
GLO:
100 – 94
GLO:
150 – 139
GLO:
300 – 278
GLO:
500 – 450
MTN:
100 – 95
MTN:
200 - 190
N.B The software is free and you can download it from their website:
www.ngrgsm.com or www.prepaidnigeria.com
You can get your PIN from any part of Nigeria through E-mail. You can order for
any amount of PIN you want.

3.CITISERVE NETWORK
If you are using this system, you do not need computers, softwares or printers. You will
only need a small machine called orange box which they will sell to you at N35,000. You
will need to order for the PIN with a minimum of N5,000. you can get your orange box at
No. 368 Ikorodu Road, Maryland , Lagos or call 08033604265,08055633648
THEIR PRICES
CELTEL:
100 – 94
CELTEL:
200 – 188
CELTEL:
500 – 455
CELTEL:
1000 – 920
GLO:
100 – 94
GLO:
150 – 141
GLO:
300 – 280
GLO:
500 – 457
GLO:
1000 – 883.5
MTN:
100 – 97
MTN:
200 – 193
MTN:
400 – 385
Page 5
MTN:
750 – 720
STARCOMMS:
500 – 468
STARCOMMS:
1000 – 931
MTEL:
250 – 227
MTEL:
400 – 358
COOL TALK:
200 – 174
COOL TALK:
300 – 265
COOL TALK:
500 – 425

WHO AM I TO SELL i.e. TARGET MARKET

Your target market is divided into GSM call centers

1. GSM call centers
2. Road Side Recharge Card Vendors
3. Individuals.

With this Information, i think you are armed to start of your fledging Recharge Card Business Today.

How To Use The Recharge Card Printing Software

The GSM Recharge Card Printing Software allows the distribution, management and printing of e-Vouchers for all major telecommunication networks and denomination.

It is designed with user-friendly functionalities that enable easy operation even at first use. It supports batch printing, custom printing and general management of e-Vouchers.

1.To Log in to the Marketplace

 Double click on the Software Icon (A Naira sign on the desktop) to launch the application.


 Log in with your User Name and Password. (This is provided during first time use).

2. To upload Inventory i.e. electronic pins of either ZAIN, STARCOMMS, GLO or MTN purchased.

Before attempting to upload, be sure of the location of your PIN file, i.e. the drive the file has been saved in, e.g My Document, Flach Drive or CD for easy location during upload.

After login with your User Name and Password;

 Click on ‘Admin options’.


 Click on ‘Upload Inventory’.


 Select the desired Network and click continue:


A box appears requesting the upload password and the format to upload. Type in the supplied upload password. (PASSWORD NOT NECESSARY IN LATEST VERSION)

• If the pin file was encrypted keep the Decrypt PIN file checked, otherwise keep it unchecked. (Your PIN is delivered to your email encrypted or unencrypted based on your preference)

 A File Open Dialog appears showing list of files and folders. Choose the location where your PIN was saved.
 Specify the PIN file by single clicking on the file, then click ‘Open’. Alternatively, double click on the file and the upload begins automatically, updating as it progresses.

 Wait for the file to upload successfully. Note that while uploading, the update shows at the top of dialogue box.

 At the completion of the upload, if successful, upload success information is displayed thus;

 Click Ok and ‘Back to Menu’ in the next dialogue box to check the inventory. This will display the available number of pins on each network according to their denominations.

 Click on ‘Check Inventory’. This displays the amount of pins available on the inventory for each network in accordance with their denomination.

Summary of Inventory (In Naira)


4. To Print Pins:

Click on ‘Print Batch’, a new menu appears with this information:

Select the Network, Denomination and Number of Vouchers to be printed.

Finally, select the number of pins to print; 10, 20, 30, 40, …… 100 and click
‘Send to Volume Printer’. (Where Thermal Printer is installed, click on the
Box ‘ Use Thermal Printer’. This enables - vouchers to be printed using a thermal printer.)

Images of the pins are flashed on the screen while being sent to the printer.

 To print more pins, click Cancel and then repeat the above process again and again at up to 1000 pins at a time until pins exhausted or satisfied with number of printed pins for the period.

5. To Delete Printed Inventory

Used pins can be deleted to avoid congestion of the database of the application. To delete used or sold pins;

 Go to Administration option by clicking the ‘Admin Options’ button.

 Click on ‘Delete Used Airtime’. Select the Network to delete (Celtel, Glo, Starcomms or MTN).
 Click ‘Continue’. A box appears requesting your assurance to delete pins.

 Click ‘Yes’ if sure to delete otherwise choose ‘No’.

To return to the main menu, always click ‘Back to Menu’.
Note that after deleting inventory, reprint function is NOT available on deleted pins.

If you have don’t have the manual yet do yourself a favour and get it free as a bonus at http:www.gtnhomebusiness.com

NOTE: I WILL BE PUBLISHING A NEW POST ON HOW TO START PRINTING RECHARGE CARDS WITH N10,000 OR N300,000 OR N600,000 OR N5,000,000 IN ORDER TO ANSWER THE QUESTION THAT SO MANY OF YOU HAVE BEEN ASKING ME ON PHONE. THE POST SHOULD BE PUBLISHED ON 1st of March 2010

If you have any problem regarding this information, call me on 07063189585


I wish you the Best in Your Recharge Card Printing Business.

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11 comments:

Lynx said...

Please is this information still valid,kindly send me info on how to be a direct dealer or subdealer like those guys.thank you.

Anonymous said...

thanx 4 sharing

JW said...

Nice post i found another company that does this http://recharge-card-business.com/how-to/start-a-recharge-card-business/ what you think about it?

print online said...

This is really an best informative post ever. I have experienced with printing cards, poster services etc. which is really useful for a business growth too.

Card Printing said...

Thanks for the post I learned so many things from this.Great,It help me a lot.

Plastic Card said...

Very useful tutorial. I like your post and advice, I think this is very positive thinking that you should go for printing to instead of dealer..:)

GOODY BEN said...

GOODMAN.GOODJOB,MORE GREASE TO YOUR HANDS.YOU HAVE TOLD THE TRUTH, AND IT IS HELPING PEOPLE ,INCLUDING ME.
SINCE ONLY THE TRUTH CAN SET US FREE, I KNOW IT WILL SURELY SET YOU FREE AS WELL, INCLUDING SETTING MONEY INTO YOUR POCKET.CHEERS

Zafran ali said...

Thanks for posting this informative article you,ve done!And thanks for sharing the knowledge. That was pretty helpful.
plastic cards printing

(Noibi) Global Affirmative Computer Ent said...

I've tried some of the addresses and there're no more there again

Anonymous said...

Pls,thanks for the information but the update of your match 2011 is not on your page.is this information still valid?

ComExpert said...

Please check for the update now at the top of the page!

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