Thursday, April 18, 2024

How to Start a Data Reselling Business: The Complete Beginners Guide [2022]

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Adetunji Matthew
Adetunji Matthewhttp://www.aidthestudent.com
I’m Adetunji Matthew, an Economist, Social Media Manager, software Developer/Marketer Sales Consultant, and Ecompreneur. I’m popularly known as “Matt” As an artist and designer, I aim to create something brilliant daily. Eager to learn more, I use my free time to get better at w hat interests me, whether it's researching, teaching, or even something entirely new.
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Did you know you that your bank makes millions of Naira daily simply by selling internet data bundles?

Yes, they do. This business is called data reselling

Firstbank Text Message
Text message sent by FirstBank Nigeria.

You might have received such messages from your bank prompting you to subscribe data bundles via their mobile app or USSD codes. Have you ever stopped to wonder why?

Think about it for a moment… Don’t worry, I’ll wait.

Your bank invests a lot of money in developing their mobile apps and sending you message reminders like the one above just so you could buy data from them.

Here is something you should know…

They don’t do this because they want to make data convenient for you to purchase, they do this because they make a truckload of cash when you buy data from them.

Banks adopted the idea of selling data bundles to their customers as one of their core services because of the tremendous profit they reap.

Here’s how it works…

They buy data in bulk from network service operators (MTN, GLO, AIRTEL etc.) at extremely cheap prices, then add their own profit and sell to their customers.

When your bank buys data in bulk from network service operators, the network service providers give them discounts and sell to them at a very cheap price.

Hence, when your bank sells to you, they add their profit and make gains for themselves.

This is called data reselling!

The good news is, banks are not the only ones who can benefit from this business; you too can also make money from this business by becoming a data reseller.

Looking for a side hustle that can fetch you extra cash that doesn’t incur much stress? This post is for you! Ensure you read to the very end.

What is data reselling?

Data reselling simply means purchasing internet data bundles in bulk from telecom companies (MTN, AIRTEL, GLO etc.) and selling in smaller quantity to end-users.

Just like with every other commodity, when you buy more (in large quantity), the supplier offers you a discount. The same applies to data. When you buy data in bulk, the service operator sells to you at a lower price.

You can get 1GB for as low as ₦330.

Data Price List
How to Start a Data Reselling Business: The Complete Beginners Guide [2022] 8

When you purchase data bundles at such low prices, you can then add your profit and sell to end-users.

Where to buy data in bulk for resale:

You can buy data in bulk for resale from Data Reselling Companies.

Since can’t get in direct contact with these telecom companies (MTN, AIRTEL, GLO, 9MOBILE etc.), or afford to purchase their data bundles in large scales, you approach them through an intermediary.

This intermediary company is called a data reselling company.

In the event that you may not want to buy data in bulk for resale, data reselling companies makes it possible for you to also buy data in smaller quantity.

And such quantity would still be sold for you at the same cheap wholesale prices.

Hence, you necessarily do not need to buy in bulk in order to make a profit, you can buy as much or as LITTLE as you need and it would still be sold to you at wholesale price.

Must Read: 19 New Strategies Ways to Make Easy Money Online In Nigeria: The Ultimate Guide

What is a Data Reselling Company?

Data reselling companies get data on your behalf from telecom companies (GLO, AIRTEL, MTN, 9MOBILE etc.) and offer them to you at an extremely cheap rate — the same wholesale price that telecom network sell to banks. Hence, you purchase data from these data reselling companies at wholesale prices and then, add your profit when you sell to end-users.

Aidthestudent
Price List
cheap prices of data sold by a data reselling company which I will introduce you to.

Take, for example, 2GB is normally sold for ₦1,200 by MTN. But when you buy through a data reselling company (which I will introduce you to), you can get MTN 2GB for as low as ₦660! That means you’ll be saving ₦540!

Where to buy cheap data:

You can get cheap internet bundles from Data Reselling Companies—these companies purchase data in large scales directly from telecom companies and then resell these data to you at an extremely cheap price.

There are numerous data reselling companies out there offering cheap data bundles. But as with every business niche that exists, there are data companies who offer pitiful data reselling services.

I’ve tested the service of a couple of data reselling companies in Nigeria to sieve out the legitimate ones from the vast number of unsolicited vendors.

My findings led to the creation of this post—to bring to your knowledge legit data reselling companies that are honest, reliable, and transparent with their services. I’ll unveil them to you below.

How to become a data reseller in Nigeria and start making money.

To become a data reseller, all you need to do is to sign up as an agent with a data reselling company. As a data reselling agent, you will be treated with better discounts and bigger price slash for the data you purchase. That is, you’ll be offered data at extremely cheap prices.

Data Price List 2
How to Start a Data Reselling Business: The Complete Beginners Guide [2022] 9

So let’s say, for example, you purchase MTN 2GB for ₦660 and sell at N1000, That’s a ₦340 profit you’ve made!

Imagine you’re able to make 50 sales in a week, that’s ₦17,000 profit. In a month you would have made ₦ 68,000!

You might be wondering how it could be possible to make 50 sales in a week.

But you must realise that it’s the 21st century—the internet is the new market place for business.

Getting customers to patronise you is no longer an issue if you know how to use the internet as a leverage to market your services.

Don’t worry, I’ll show you how.

With the social media marketing techniques which I’m going to teach you, getting customers to patronise your data reselling services won’t be problematic.

How to get customers for your data reselling business.

Finding the market for data reselling isn’t difficult. As a matter of fact, the market exists right where you are.

In your house at this very moment, there is someone who uses a smartphone.

In your school, place of worship, place of work, there are people who constantly need data subscription.

Even if you live alone, your next-door neighbour and the people who live around you have smartphones too.

Such person(s) would want to purchase data. Basically, your customers begin right where you are.

DATA RESELLING IS A FAST AND LEGIT WAY TO START MAKING MONEY ONLINE WITHOUT MUCH STRESS. Click To Tweet

According to annual research released by Hootsuite, the number of internet users in Nigeria is currently 98.3 million.

That’s almost 100 million people who will be in constant demand for data bundles to meet their internet need. And according to Statista, this figure is projected to grow to 187.8 million internet users by 2023.

Internet users in Nigeria spend an average of N3500 on data monthly. The market for data bundles is a thriving one and offers unlimited financial opportunities for individuals to become self-reliant and financially free.

Even if you’re an introvert and actively avoid contact with human beings, your personality still isn’t a barrier in this business.

It is the Digital Era. Buying and selling have moved beyond the conventional one-on-one physical meet up.

In the Digital Age, The Internet is the new market place for businesses. You can make money selling your data online right from your home. You no longer need to meet one-on-one in order to get people to patronise you.

The internet makes it possible to reach millions of people right from the comfort of your home.

I’m going to teach you how to use the internet in marketing your products and getting more customers for your data reselling business.

What you need to start a data reselling business.

The interesting part about this business is that you don’t need a heavy start-up capital to begin.

All you need for this business is a smartphone with an active internet data connection!

With these resources coupled with what I’m going to teach you, you can start making good money selling data right from the comfort of your home.

Why should you start a data reselling business?

When you become a data reseller, you’ll be able to get data at extremely cheap prices.

When you purchase these data bundles at wholesale price from a legitimate data reselling company, you’ll be able to add your profit and then sell to consumers.

Data Reselling: the perfect business opportunity for you.

A few years ago, 1GB worth of data could take you for a month. But today, 1GB can barely get you passed a week.

With a large number of internet users in the country (over 100 million), you’d expect network service providers (MTN, GLO, AIRTEL, 9MOBILE) to make data cheap for end-users.

But that’s not the case. Truth is, data is expensive in Nigeria. And to cap it all off, the data doesn’t stay the expected duration.

According to the Alliance for Affordable Internet Data (A4AI), affordable data means that the cost of 1GB should not be more than 2% of the monthly minimum wage.

The current minimum wage in Nigeria is N30, 000. Thus 1GB ought not to be more than N600. But this is not the case. The average cost of 1GB in Nigeria averages at N1, 000. This means that data isn’t cheap in Nigeria!

Coupled with this fact, a lot of Nigerians complain that their data doesn’t last.

Most people subscribe up to 2-5 times monthly and yet, it barely meets their needs as network service providers are notorious for zapping data even with minimal usage.

With the current situation of things pertaining to the high cost of data offered by network service providers, Nigerians will begin to seek an alternative—a data vendor who can offer cheaper data services to meet their needs.

This is where you come in as a data reselling agent; to offer cheap data to these growing number of people and also make money for yourself while doing so.

Data reselling is the solution to the high cost of data bundles in Nigeria. Click To Tweet

The number of internet users in Nigeria grew by 40.9 million subscribers between 2017 and 2019.

Unfortunately, as the number of internet users continues to increase in Nigeria, data sold by network service providers to consumers isn’t going to get cheaper anytime soon.

As internet users increase, the demand for data would increase too.

Consequently, the price for data would increase as well. Basic Economics—an increase in demand will lead to an increase in price.

The bottom line is, data is not going to get cheaper anytime soon for end-consumers in Nigeria.

And internet users can’t stay away from subscribing since the internet is interwoven into our everyday lives.

The high cost of data in Nigeria presents an incredible opportunity for you to make money.

When you become a data reseller, you’ll be able to get data at extremely cheap prices.

When you purchase these data bundles at wholesale price from a legitimate data reselling company, you’ll be able to add your profit and then sell to consumers.

Your profit potential from this business is limitless! You can make between ₦20, 000 to ₦100, 000 monthly in this business and even more.

Are you ready to take action?

I’ve spent the last couple of months crafting the perfect guide to help you get started in this business and start making money. All the information you need to succeed in data reselling business in 2022 have been compiled into a highly detailed and easy to understand eBook called “How to Start a Data Reselling Business”

Smartmockups Kcgr5P29 3
How to Start a Data Reselling Business: The Complete Beginners Guide [2022] 10

In this eBook:

✓ You’ll discover where to buy cheap data in bulk for resale and start earning regular monthly income selling data bundles.

✓ You’ll be introduced to the most trusted and reliable data reselling companies where you can buy data at extremely cheap prices for all networks in Nigeria. You’ll be able to get 1GB for as low as ₦330.

✓ You’ll discover practical digital marketing techniques on how to grow your customer base and get people to consistently patronise your data services online.

✓ You don’t have to break a sweat to make sales. You will learn how to use the internet to market your services and consistently make sales without paying a dime for ads.

All these and much more for just ₦5,000!

I understand the current economic situation of things in the country, and I’m aware you could probably be a student or a young man/woman looking to start a side hustle to make extra cash to foot your bills.

I’ve created this eBook to help as many young people as possible in starting a side business and begin earning the extra money that can take care of your basic needs.

The content of this eBook is heavily loaded with practical information seasoned with all you need to know about Data Reselling, that will equip you with the right skills that can start fetching you passive income steadily.

And I don’t want you to miss out on this.

For this reason, I’ve decided to slash down the price of this eBook by 40% and present you with an incredible offer if you act fast!

THIS COURSE IS NORMALLY SOLD FOR AT LEAST 30,000 AND EVEN THEY WONT DIGEST FOR YOU WHAT I WILL EXPOSE IN THIS E-BOOK

For a limited time only, the first 100 persons to call will get this eBook for just ₦3,000! thereafter, the price will revert back to ₦5,000.

Looking for a legitimate way to earn passive income right the comfort of your home without incurring much stress? This eBook is all you need!

Added BONUS.

In this eBook,

You will also learn how to start a VTU (Virtual top-up) business and start making money by helping people make bill payments (cable TV subscriptions and electricity etc.)

You will discover how you can start up an airtime business and send bulk SMS at cheap rates.

You will learn how to 3X (triple) your profit through Facebook marketing. Get customers requesting your services online. You will learn the effective technique on how to use social media in getting customers to patronise your services.

All these for a flat price of #3,000.

call 08086697392 now to get this eBOOK now!

Send a Direct message to be below Now!:

The telecommunication industry continues to thrive as our communities become abreast with technology. As the country’s population grows ceaselessly, the platform to serve these growing number of people with a product of high demand (such as data) opens a great business opportunity.

As the prices of data bundles offered by telecommunication networks are bound not to drop anytime soon, the populace will resort in the quest of finding an alternative—a data vendor who can satisfy their growing need for reliable, affordable and much cheaper data bundles.

Your opportunity to tap and have a share of the telecommunication market is now! There is no better time to start than this very moment. With the resource provided in this book, I’m beyond certain that you first client is right where you are—your neighbours, friends, family etc. are all waiting for you to start selling them cheap data.

Are you ready to take action?

Other Buying Option:

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Read: 19 New Strategies Ways to Make Easy Money Online In Nigeria: The Ultimate Guide

36 COMMENTS

  1. I’m looking to start this business here at my school. How can I get your ebook, please? I’d appreciate if you could mentor me.

    • Good evening.i want to start up a data business, please I need the companies details and linkup

  2. Good morning
    I want to start up a data business. Please i need the companies details and linkup

  3. I tried to make a call but it says the number doesn’t exist. I’m in South Africa, I’m interested to become a data reseller, please help.

  4. Can I simply say what a comfort to uncover someone that
    actually understands what they’re discussing on the internet.
    You certainly understand how to bring a problem to light and make it important.
    A lot more people ought to read this and understand this side of your story.
    It’s surprising you are not more popular
    since you certainly possess the gift.

  5. Anyone interested to start up DATA reselling business can actual sign up on my site and message me via the contact on the site, I’ll tutor you.
    link removed by bot

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