How to start your own e-load retail business

How to start your own e-load retail business

Looking to start your own e-load business but don’t know where or how to start? Here are answers to the most frequently asked questions about the e-loading business that could help you start your own business today.

1.    What do I need to start an e-load retail business?

The capital and requirements are very minimal. All you would need is a mobile phone, a retailer SIM card, and around ₱750 as starting capital.

2.    Are there different ways to start an e-load retail business?

There are two ways to get started on your e-load retail business:

1) By getting individually issued retail SIM cards from telecom companies (Globe, Smart, or Sun Cellular) and

2) By getting an All-in-One SIM Card from a third party seller like LoadCentral (this enables retailer to sell prepaid load for all networks using just a single, special SIM card).

3.    What method of e-loading should I choose for my retail business?

Logically, each retailer SIM card from one telecom network would require one smartphone (unless the retailer uses a dual-SIM phone). Thus, to sell prepaid loads for Globe, Smart, and Sun Cellular users, the retailer has to make sure each retailer SIM card will be in use.

On the other hand, for the All-in-One SIM card, the retailer needs just one mobile phone or a computer to sell prepaid loads to users of all three major telecom networks. However, there is a special code to be used before finalizing every transaction (for security purposes).

Another advantage of the All-in-One SIM card is that its service extends beyond e-load for cellular network users. All-in-One SIM Cards can also re-load pre-paid cable subscriptions, Satellite cards, and Game Credits.

4.    Where do I get a Retailer SIM Card?

Individual Retailer SIM Cards can be purchased from wireless centers of each telecom network. The SIM card usually comes with an activation service and an associated eWallet/eMoney/Loadwallet account with an issued PIN. The eWallet or eMoney account is where the retailer can store credits (money value) to be used for reloading prepaid phones of customers.

The All-in-One SIM card functions in the same way and are available for sale online from dealers. Credits for the eWallet/eMoney/Loadwallet account are also purchased through your dealer or sub-dealers.

5.    How do I earn through this business?

As an e-load retailer, you get your earnings through commission.
The percent commission per Telecom Company ranges from 3% to 13%.  You earn your commission as the amount diminished from your eWallet/eMoney account is less than what the customer pays for, depending again on the percent commission. (To illustrate, a prepaid load worth P30 may deduct about P27 from the load wallet. Thus, a P3 profit is generated from that transaction. The rate of commission, as mentioned, may vary per telecom firm).

However, in All-in-One SIM card lets you earn UP TO 25% of profit since it has a very wide range of products that you can sell.

6.    How much can I earn per month?

On average, it actually depends on the number of people who buy e-Load from you and the discount rates. Of course, there is a potential to earn more if the retailer can sell prepaid load to more customers.

7.    Is there any other possible e-load business besides being a retailer?

E-load retailers are the so-called ‘front liners’ of the e-loading business. The hierarchy goes: there’s the telecom company on top, followed by large company distributors, dealers, sub-dealers, and finally the retailers.

For individuals who have more start-up capital available (around ₱1995.00), a sub-dealership can provide larger income through an added commission from the retailers you entice to join your network.  

SO WHAT ARE YOU WAITING FOR? START YOUR E-LOADING BUSINESS NOW!

CLICK HERE TO START YOUR OWN E-LOADING BUSINESS

Source

Share this post

Comments (35)

  • maria rona l dacuyan Reply

    gusto ko mag retailer paano ba yan andito ako sa cebu saan ba mas malapit

    April 9, 2017 at 5:22 am
    • LoadCentral-Ebiz Reply

      Hello, we do online registration po maam, u can register here by clicking on Register here on the menu po. =D

      April 18, 2017 at 11:48 pm
  • maria rona l dacuyan Reply

    sa minglanilla cebu o kaya tabunok talisay lng ang kaya ng time ..salamat po

    April 9, 2017 at 5:24 am
  • Myrna Areglado Reply

    Gusto ko po mag sub dealer dito sa bacoor cavite po ako….magkanu po capital? San po office nyo kung gusto ko pumunta?

    June 9, 2017 at 5:19 pm
  • Princess Ganhan Reply

    How to be a sub dealer

    June 22, 2017 at 5:59 pm
  • Russel Buna Reply

    How to be a dealer?

    July 1, 2017 at 7:26 pm
  • Jennifer Reply

    Hi,

    i want to become a load dealer. kindly reply me (to my mail) as i have concerns on how to start.

    thank you

    July 15, 2017 at 10:26 am
    • LoadCentral-Ebiz Reply

      Email has been sent you. Thanks for the inquiry! =D

      September 6, 2017 at 9:08 am
  • Michelle romaga Reply

    Hi nais ko sana mag e loading ano ano ang mga kailangan.
    may babayaran po ba sa pagrehistro ng sim card? Salamat sa pag reply.

    July 18, 2017 at 7:13 am
  • Dalyn del Rosario Reply

    Hi. Gusto ko din magstart ng eload business. Kaya lang ayaw ko ng may quota at nagrerecruit. Pwede po ba yun dito?

    July 28, 2017 at 11:50 am
    • LoadCentral-Ebiz Reply

      yes po. all u need to do is to be a retailer po.Since LoadCentral is not a networking business.

      July 30, 2017 at 9:46 pm
  • Maylz Reply

    Panu po maging Sub-dealer and isang Retailer? Please advise,

    July 30, 2017 at 8:08 pm
    • LoadCentral-Ebiz Reply

      pls click the link on the very end of the article. thank you! =D

      July 30, 2017 at 9:47 pm
  • Jan Reply

    Hi, gusto po sana namin subukan.ang load retailing. Pano po magstart sa inyo? How much po need namen para makapagstart. Thanks.

    October 7, 2017 at 11:14 pm
    • LoadCentral-Ebiz Reply

      hello, pls click link above. on the last part of the article. =D

      October 9, 2017 at 9:58 am
  • Marilyn Reply

    Hello po san po ba ang office nyo? Pede po ba akong maging dealer ng eload? May existing na po kc akong retailer at medyo malakas na ito. Gusto ko sana maging dealer for additional income.

    November 13, 2017 at 10:51 pm
  • Gener/mary ann ansaldo Reply

    Good day,
    Sir/ma’m, inquire po if mg avail po kmi as sub dealer/retailer.. pano po procedures , please advice din po.
    Thank you & have a nice day.

    December 1, 2017 at 7:18 am
  • Myra tanglao Reply

    Hi po hm po capital pag dealer po

    December 1, 2017 at 11:03 am
  • marlissa Reply

    gusto ko po mging dealer ng load howand mgkno capital nia

    December 10, 2017 at 2:50 am
  • Keith buerano Reply

    Pwede din po ba magload dyan ng mga tnt promos like UTP15 or T20??

    December 25, 2017 at 6:05 am
    • LoadCentral-Ebiz Reply

      Yes pwede po. =D

      December 26, 2017 at 2:27 pm
  • Maya Nacua Reply

    Is this article is still okay?

    May 30, 2018 at 11:23 am
    • LoadCentral-Ebiz Reply

      Hello yes it is.

      July 11, 2018 at 5:27 am

Leave a Reply

Your email address will not be published. Required fields are marked *