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STARTING DATA RESELLING BUSINESS

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Data/airtime reselling is a very lucrative business. Gone are the days when only banks and others, are the ones reselling data and airtime making huge profits. Today, there are many opportunities out there, for anyone to become a data reseller. Also, this business is a venture that you may start with as little capital as ₦1,000 and yet make big profit in return.   Data/Airtime   Reselling  Data and/or airtime reselling is a business model, in which an individual buys data bundles or airtime in bulk, and resells to consumers in small quantities. However, a reseller is an individual who buys data bundles and/or airtime from a VTU platform, or telecommunication company, and sell to customers at a higher price in order to make profit. In Nigeria we have four major telecommunication companies (network providers) such as MTN, Globacom, Airtel and 9mobile etc. Among them all, MTN seem to have the wider patronage, due to the large number of users. As you may have known, MTN sells 1GB data bund