To make profit as a reseller, you buy sms in bulk from your provider and sell in retail at a higher price to your customers.
Your provider is usually the individual or company that provides you with your SMS platform.
Unlike conventional SMS, Bulk SMS is sold in units called SMS Units. Let us take for example you buy 100,000 sms units from your provider at 1.5 / Unit, Total cost will be:
1.5 x 100,000 = 150,000
Then lets say a bank; Bank Z approaches you and decides to buy SMS from you. If you sell each unit at 2 then selling price of 100,000 sms units will be
2 x 100,000 = 200,000
Your profit is thus:
200,000 – 150,000 = 50,000
Imagine selling to just 10 banks, you can make a lot more money.
This is basically how profit is made.
You can get the cheapest bulk sms in Nigeria here at padisoft.org
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