Best VTU Apps to Start VTU Business in Nigeria
VTU Business in Nigeria | Cheapest VTU Apps | Best VTU Apps
Starting a VTU Business in Nigeria simply means you are ready to offer mobile top up, data subscription and TV subscription such as DSTV and GoTV.
So, when planning to start VTU Business in Nigeria, you should consider the cheapest VTU platform/app in Nigeria which would guarantee high profit for you.
You can use as low as N1,000, N2,000 or N3,000 to start this business and you can be making over 150k monthly doing this business only. That's why you really need cheap vtu platform to partner with.
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Without no further Ado, let's dive into the main reason of this article. And after your reading, feel free to share this article anywhere in the world.
VTU Business in Nigeria
What is it? VTU simply means 'Virtual Top Up' and it's the buying and selling of digital refill such as airtime top-up, data subscription, tv subscription and other subscription bundles via the Internet.
How does it works? VTU business works in Nigeria in the sense that you sell network subscription plan such as MTN refills, Airtel refills, 9mobile and Glo refills, through an internet connected device.
You don't need paper recharge card anymore, it's done virtually like the way you recharge from your bank account.
However, as a reseller, you buy these products from VTU platforms at low price and re-sell it at high price. For instance, let's say a VTU platform generate 1Gb data bundle for their reseller at N250, the reseller may decide to sell it at N500.
With this business strategy, if such reseller sell at least 8Gb data bundles in a day, he'll make N2,000 as profit that's N60,000 per month, just from data bundles alone. However, h/she will be selling more than that data bundles on a daily basis.
How to Start a VTU Business in Nigeria
One of the best way to build financial stability in Nigeria is to start a lucrative business. However, VTU Business is one of the lucrative business to start with in Nigeria. Here's how to start.
To start the business, you will need to register as an agent on any of your choice VTU platforms on web or app. Once your registration has been completed, a wallet will be provided in the account, fund the wallet and begins to buy airtime, data bundles and other subscription plans at very cheap rate and then resell it to final users at your own rate.
Do note that the VTU platforms are opened to anyone who is willing to buy directly from them, however, the price for registered agents are always cheaper than ordinary customers.
As a VTU agent or reseller, you will have the privilege to make money simply by reselling airtime recharge, data subscription and other subscription bundles like Cable TV such as DSTV and GoTV, Utility bills such as Electricity Distribution Bills and Waste Management Company Bills etc.
Reselling those products mentioned above, the VTU platform you registered with as an agent will pay commissions whenever a customer complete a purchase.
Benefits of Starting a VTU Business in Nigeria
Here are the advantages of start a VTU Business in Nigeria.
Today, the VTU business has become increasingly well-known among Nigerians for several benefits. The business is considered by many to be one of the easiest businesses anyone can start in 2022. The VTU business is one of the profitable businesses any individual looking to start a small business can do.
Not quite long ago, the most popular way of recharging a phone with airtime or credit is by buying a recharge card. Then loading it on your phone with a USSD code. According to Nigerian Communication Commission (NCC), there are over 165 million active GSM LINES in Nigeria as of September 2018.
Now, virtual top-up has made it easy to recharge and have provide opportunity to Nigerian youth to make money online.
Another amazing benefits of starting a VTU Business in Nigeria is that it doesn't require high capital to start. You can simply start with 1000 Naira to 10,000 Naira.
A VTU Business can be done anywhere in Nigeria, even from the comfort of your home. It doesn't require a full and we'll organized physical location and full operational staff. However, it's a independent-owned business managed by you.
In addition, VTU Business doesn't require a very large equipment to effectively start the business in Nigeria. And since it doesn't really matter to own a physical location for the business, you can simply promote it on social media platforms and blogs.
Tools Needed to Start a VTU Business in Nigeria
To start a virtual top-up business in Nigeria, here are some equipments/tools that will help you to build a succeed in VTU Business in Nigeria.
PC or Smartphone
To start VTU business, you will need a smartphone or personal computer that is in good condition to avoid sluggish attitude that might cause delay when doing transactions.
VTU Application
Download your preferred VTU platform app on your device to start the business.
Bank Account/Debit Card
Your bank account will be used to fund your VTU wallet, either by doing mobile app transfer or pay via debit card.
Internet Connection
You will need a good internet connection to avoid slow loading of your dashboard. So, I will advise you to use a good Sim card. I strongly recommend MTN because it serves almost all Nigerian.
Means of Advertisement
After you've successfully setup your VTU Business, the next step is to create awareness. This can be created via social media such as Twitter, Facebook, WhatsApp, Telegram and Instagram or blogs at cheap price.
VTU Platforms/Apps in Nigeria
Here are list of best VTU Platforms and Apps in Nigeria that offers the cheapest VTU services than others.
Dataway
Datawayapp.com is one of the cheapest VTU platform in Nigeria. As an agent on faraway, make up to N35,000 monthly from data reselling and airtime top-up only.
On dataway, data bundles are offers at 500MB for 120 Naira. 1GB for 240 Naira, 2GB for N480, 5GB for N1,200 and 10GB for N2,400.
Apart from making money from data and airtime resell on dataway app, you can also earn commission by referring new agent to the platform.
Jumia One App
This is an app from Jumia. In the app, there is availability of virtual top-up (VTU) feature that can be used to start your VTU Business in Nigeria.
To get started with Jumia One App, go-to Google play store or Apple app store to download the app. Register an account and start your VTU business in Nigeria instantly.
As an agent of Jumia One App, you will be able to do data top-up and airtime top-up on network like MTN, Airtel, 9Mobile and Glo, pay electricity bills and cable TV subscription such as DSTV, GoTV, FreeTV and Startime.
BillsAfrica
BillsAfrica.io is another VTU Business Platform in Nigeria that doesn't require any technical knowledge to start.
I can say this is the most reliable and best platform for Nigerians and Africans at large for those that are willing to engage in virtual top-up business in the continent.
Apart from earning money from VTU, billsafrica also allow its agent or vendors to start online banking (send and receive money) and make extra money.
As a Billsafrica agent or reseller, a VTU business website will be created for you for easy access of your users. The website will be your online shop where users can demands for data subscription and other bundles subscription.
In addition, Billsafrica will charge N50 fees for every deposit you made into your Billsafrica wallet.
Data Plaza
This is another cheap VTU business platform in Nigeria for anyone that want to start a lucrative virtual top-up in Nigeria.
Data Plaza offers many VTU services including MTN, Airtel, 9Mobile, Glo, SME Data, Bulk SMS, Cable TV, Utility bills, Checking WAEC Results, NECO Results and Converting Airtime to Cash.
Reseller of Data Plaza gets 1GB MTN data bundle at 230Naira.
Naira Data
Naira Data, like other VTU Platforms in Nigeria is another cheap VTU Platform that is best for anyone who wants to start VTU business in Nigeria.
As Naira Data Agent or Reseller, you will get MTN 1GB data bundle at 300Naira. The platform also offers services like: WAEC Scratch Card, Data Subscription, Airtime top-up, Conversation of Airtime to Cash and so on.
Conclusion
I hope you find what you're looking for about VTU business in Nigeria on this page? If no, kindly use the comments section to notify us about your opinion and suggestions.
Thanks for reading and share this article anywhere in the world. Cheers!
Hi, will I be asked to pay a registration fee or is it free to register on all these sites you listed?
ReplyDeleteYes, they are free to register. However, for everything transactions you perform, the app or platform will deduct their charges.
DeleteOr there are fixed amount in which those platform sell products for you. Thanks