What is an online mobile recharge business?
An online mobile recharge retailer business is a service that provides all in one mobile recharge app for retailers, enabling them to recharge their customer’s mobile phones quickly, and earn commission on each recharge.
The online mobile recharge business has gained significant popularity in recent years, owing to the widespread usage of smartphones and the internet; making it an excellent business opportunity for retailers and rural citizens. Here, anyone can partner with a mobile recharge app for retailers and, start their venture at a low cost and earn up to 70000 rupees monthly.
What are the benefits of starting a mobile recharge retailer business?
The following are the benefits of starting a mobile recharge business:
- Profitable business with increasing market size.
The mobile recharge business has flourished and become a prominent business model in India, with its continuously expanding market size after the era of the technological revolution. This concludes that the business of mobile recharge has a wide scope in the future too and is profitable in nature.
- Easy to start/ establish
Mobile recharge retailer business can be established easily, just in 5 minutes, and requires no amount of investment. All that a person needs to do is to find a mobile recharge app and make their free agent registration to it.
- Requires no additional set-up or expenses
Mobile recharge business does not require any set-up or any additional device to connect, all you need is a phone with internet.
Steps to start an online mobile recharge business
– Research the market potential
– Choose the right solution
– Prepare legal documents
– Create your account
– Assemble equipment
– Request credit
– Start selling
How to start an online mobile recharge business?
Research the market and shortlist the companies for using the mobile recharge app for retailers using the following :
- Investment : One can start their own mobile recharge business at 0 investment. Look for such a provider that does not charge you any capital for joining and starting.
- Commission: Look for the highest commission in industry.
- Other Services: Look for a portal providing a number of other services that you will be able to provide to your customers at no extra cost.
- 0 downtime. The portal or application should be up and running all the time.
- Customer Support: Quick and Easy to reach customer support and complaint redressal.
That being said, Start your own business of mobile recharge today by following the below steps:
- Make your FREE retailer Id in Biznext mobile application or Biznext web portal.
- Enter your phone number and OTP to log in.
- Complete your process of E-KYC
- Activate your service of mobile recharge from the service panel.
Voila! With this, you are all set to start your business of online mobile recharge
To know more about how to use this service, watch our YouTube video – https://www.youtube.com/watch?v=RlR9lhVFJ8A&t=1s
How does a mobile recharge retailer business earn profit?
Mobile recharge agents get their commission after every top-up or internet recharge in their mobile application, which they can transfer to their bank account easily.