Data reselling business is a type of business that requires small amount of money to start and big amount of money as to earn. You don’t have to think too much about how to start online data reselling business in Nigeria and how much is needed to start this data reselling business.
The good thing is you can buy this data at cheaper rate then resell it at your own price. Don’t worry, I will help you through to set up a small business online that is based on data and airtime reselling business , and you will make a hug amount of profit from it if you do it right.
Everyday people are out there searching online for bulk data bundle for reselling, data reselling pack and where to buy data and airtime in bulk for resale.
I’m happy to tell you that there are various platforms to start online data reselling business in Nigeria. But few of these platform gives reliable and affordable way to get your data bundles on any Nigerian network with the best prices rates for Airtel, MTN, 9mobile and Glo.
Whether you are a casual user using just 1GB, 2GB, 3GB, 4GB, 5GB a month or you want to buy data in bulk and resell daily to earn profit, there’s a platform for it and this article will guide you on how to launch your data and airtime business.
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How to Start Online Data Reselling Business in Nigeria
The globalization of technology and its modern advances have not only made things easier for mankind, but have also ensured efficiency in many ways.
Nigerian wireless service providers are continuously developing more services for their networks to enable high definition voice, internet and video communications.
1. Understand the requirements
The first step to start online data reselling business in Nigeria is to understand and know the requirements. What are the things required to start data and airtime reselling business?
Data and airtime reselling business doesn’t require much tools and capital to start. You might be wondering how much will be needed for you to go into this business but trust me, you can start this business with as low as N1,000 but if you want to start big you can start with N5,000, N10,000 and above.
Therefore, small capital is part of the requirements to start online data reselling business in Nigeria. Without money, you can’t go into it. But capital start from N1000 to open an account and then spend like N5,000 to N10,000 or more to launch your business.
Another requirements to start data reselling business’ is laptop or smartphone. One of the requirements to start this business is a laptop but if you don’t have a laptop, you can use a smartphone.
Internet Connection is also essential to start this business. Your laptop is basically useless if you don’t have a active data connection on it. You will need an active data to buy sme data from reseller companies, to communicate with customers, etc.
Last but not the least is bank account. This bank account will be a means of paying to purchase SME Data from Data reseller companies. You will need it to receive payment from your customer also.
The good thing about these platforms that sell data and airtime in bulk is that they have multiple payment options and 24/7 availability, get ready to take advantage of cheap data offering for all networks for reselling and do more in every area of your life.
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2. Understand how to sell purchased data
You need to know and advertise your business to make sales, sell to your friends and family members. You can advertise your business on Social media like WhatsApp, Facebooks using your status and placing advert with some other useful platform. Data Reselling is no doubt one of the growing profitable businesses in Nigeria. All you need is enough customers to make enough profit. Some of the benefit of data reselling business include:
- Low capital required to start up
- You can easily make money with your smartphone
- Data reselling is less stressful compared to SME data
- You don’t need to have a website to start.
- Earning potential is not limited
3. Know your resellers platform
The most important step to start online data reselling business in Nigeria is to know your resellers platform. Having and knowing your reseller platform will enable you to buy data bundles in bulk and sell in smaller quantities to your customers.
Since you can’t directly buy the telecommunication giants, you will have to get it from one of the numerous reseller platforms. And in this article we recommend VTUking because through our research we saw so many recommendation from various websites.
VTUking is a virtual top-up platform owned and operated by FraNKAPPWeb Technologies duly registered with the corporate affairs commission (CAC).
The services include but not limited to Buying/Reselling of Cheap Data & Airtime, Electricity Bills Payment, Cable TV Subscription and Airtime to Cash Conversion.
To start online data reselling business on VTUking is very easy. All you need to do is to Download VTUking Mobile App and follow the instruction to register. VTUking Mobile App is good for the faster and most convenient way to register and start your reselling business. The platform is the best way to earn extra income from anywhere in the country as a financial agent through Airtime Recharge, Fast Data Reselling, Cable Subscription and much more.
You can also create a VTUking account without a mobile App. All you need to do is to;
- Visit and register on this website: https://vtuking.ng
- After successful registration, click to fund your account.
- Click on ‘menu’ (if you’re using a mobile browser, this is located at the top right).
- Click on ‘Data or Airtime Menu’ and select ‘Buy.
- Select the network of your choice.
- Choose the data plan you want and type in your number.
- Click’ buy data'( Note that 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 customer phone number or mobile line within minutes. To earn more, you can join the affiliate program also by inviting friends to sign up and earn up to ₦45,000 monthly.
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