You
should know the fact that economically challenged and foreign
immigrants are the real users of pre-paid phone cards. The major
advantage is they get lowest long distance rate. Thus knowing
your target end user is the key.
Another important thing to know is that college students,
truckers, factory workers and businessman all want to save
money thus by selling pre-paid phone cards to them you can
really satisfy them.
In order to sell phone cards to the retailer, you will need
to offer them a discount of at least 15-25%. And you can always
compete with other. Wholesalers by giving a good incentive
to them. Just imagine if you have 40 accounts and if the average
account sells $600 per week, then: 40*600=$24000 which if
you factor in your travel costs and cost of product, should
not you about 11-12%.
As your business grows, you can also approach medium sized
distributors, which sell products to retailers in your area.
Also you can give first $50 on consignment if need be. Also
assure him that the company you are representing is a good
one and in business for long time. After making the sale,
ensure quality of service. Provide them with posters and give
them proper feedback.
Market studies show that less than 40% of the American public
even know what a pre-paid calling is. Just think of the growth
rate of this business over the next few years. Imagine how
must money you can make if you start it now so just email
us and we will contact you with all the details.
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