Start An Eload Retailer Business

This article is posted under Income Opportunities.

Currently, the Philippine mobile market is around 55 million, this 63% market penetration rate is enough for me to say that the mobile telecommunication industry in the country is big business. Almost everywhere, specially in the metro, you could see someone holding a cellular phone, probably reading or sending text messages. And because of this, prepaid cellphone load retailer stores have likewise become widespread in cities and provinces.

And yet, how many times have you or someone you know fell to zero credit balance and couldn’t locate a place to buy load from? Although there is already an extensive network of retailer stores in the city, there will be times that you can’t really find one around. Sometimes it’s already late at night and there’s no store that’s still open near you. But what if you’re on the bus and can’t get off to buy load or you’re simply just too lazy to go out of your house, don’t you wish there’s a more convenient way to purchase cellphone load credits during these situations?

eloadautoload Start An Eload Retailer Business

My solution to this dilemma also turns out to be an excellent income opportunity for us Pinoys – and that is to become an cellphone eload retailer. I’m surprised that only a few people I’ve talked to know about this easy sideline. You don’t need to put up a stall nor have an existing business to do this. All it takes is a cellular phone and adequate marketing and selling skills. Here’s what you need to do:

1. Globe, Smart or Sun?
The Philippines currently have three mobile companies, Globe Telecoms, Smart Communications and Sun Cellular. All three offer various prepaid load retailer schemes. Do you want to sell Globe Autoload, Smart Eload or Sun Expressload? It’s your choice but I suggest getting the mobile company where most of the people you know are subscribed in. Can’t decide? Then get two or all three.

2. Get your cellphone ready.
Almost all cellphone brands and models are capable of reading the special retailer SIM cards. Anything that came after 1999 would probably work so this means that you can now have another use for your old Nokia 3210 and the other good working cellphones that are now collecting dust in your household drawers. If you don’t mind switching SIM cards, then you can use the current cellphone you’re using.

3. Look for a local distributor.
Go to the nearest Globe Business Center, Smart Wireless Center or Sun Shop and ask for the contact details of the load distributor in your area. With the exception of Sun Cellular, the retailer SIM cards are only available through these distributors. It’s also important that you know where exactly their office or branch is because you would have to go there when you need to reload your credit stock. Make sure that it’s convenient to visit their location.

4. Buy your retailer SIM card.
Go to the distributor and buy your retailer SIM card. Be ready to buy your initial credit stock too which is usually P1,000. After buying your retailer SIM, ask the distributor to teach you everything you need to know about being a retailer. This includes how to sell load, how to check your remaining balance, how much is your profit per transaction and what number to call for help or if you have further questions.

5. Advertise, sell and earn money.
Once you have your retailer SIM activated, start telling your friends, family and officemates about it. Once you have successfully marketed your sideline to your immediate social circle, expect word of mouth to give you more clients. My brother who’s been doing this in his office often get visits from people from other departments for load, even his superiors occasionally purchase credits from him. If you’re planning to put this income opportunity to an existing business of yours, then remember to ask for marketing materials such as posters and flyers from your distributor. These are free and usually immediately given upon request. The standard profit margin is around 13%.

Congratulations on investing in another income opportunity. Always remember to pay yourself first. Lastly, there are currently independent distributors who offer integrated solutions for selling prepaid load. They offer opportunities for you to earn from different brands of electronic loads and prepaid products through your existing SIM or via the internet like Load.Com.Ph.

These are good alternatives except that the profit margin through these companies tend to be smaller, around 5% to 10% – a trade off for being able to sell your products with only just one SIM card, plus they offer more products and not just cellphone prepaid credits. Just be sure that you understand their terms and conditions and do some background check on the company before you invest because unfortunately, some of them are scams or have weak technical and sales support.

Don’t miss the next income opportunity, subscribe to Ready To Be Rich.

Reference:
Andrew Dela Serna. Aleba Blog: How Bloggers Use Their Cellphones. February 6, 2008.

———
Photo courtesy of Smart Communications, Inc.

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30 Responses to “Start An Eload Retailer Business”

jocelyn nacua on February 26th, 2009 at 6:08 pm

i want to sell eload here in our place to gain extra income, what will i do to have an eload business at easy way. i have my own internet at home. thanks … best wishes.
norma a pacheco on March 12th, 2009 at 10:14 am

i would like to start an eload retailer business ,how can i avail this product and service.
CHE RAMOS on March 13th, 2009 at 2:29 pm

Please email to me the details, im very interested. thanks.
shyrr ahh on March 16th, 2009 at 12:04 pm

please send me more details.. im interested
Fitz on March 16th, 2009 at 4:01 pm

Hi everyone.

I believe I already gave all the important details above. If you would like some assistance in setting up your eload business, then I suggest you make an account and try LOAD.COM.PH.

They have a customer support which can help you set up your cellphone eload retailer business.

Thanks.
tin visitacion on June 2nd, 2009 at 9:17 am

hi pls send me details on how to start e-load business
e-mail add: tin2_visitacion@yahoo.com
vanessa on June 2nd, 2009 at 10:14 pm

I would like to start an eload retailer..how can I avail it?
edward on June 8th, 2009 at 9:35 pm

sir i would like to know how much at least the starting capital of this business?
Maryann T. Dionida on June 14th, 2009 at 8:38 am

I would like to start an eload business, how can i avail?
Fitz on June 15th, 2009 at 4:36 pm

@edward
The starting capital varies, depending on how big you want the eload business to be. However, the minimum capital can just be as little as P3,000. Good luck!
Lielane on June 18th, 2009 at 1:58 am

I am interested in being an eload distributor, not just a retailer. How would I go about being a distributor? What are the requirements? What is the initial investment? Thanks.
olette on July 29th, 2009 at 9:44 am

Hi fritz,

i would like to start a cellphone business, do you have any idea where can we find a direct dealer for the units.
Jaime on August 4th, 2009 at 10:32 pm

I am interested Sir, please email me the details.. Thanks much
Erwin Ordonez on September 1st, 2009 at 11:40 pm

I am interested in being a prepaid card & eload distributor, not just a retailer. How would I go about being a distributor? What are the requirements? Thank you!
Sieg on September 17th, 2009 at 4:04 am

Hi all,

I’m an eload dealer and for those of you looking at how to be a dealer or retailer, I can assist you. Please send me an email at iamsieggie@yahoo.com
mamen on September 28th, 2009 at 4:56 pm

Hello,
Some to assist me, How to become a load distributor not just a retailer but i want to sale a load wallet also.. please send me a details salemaruya100@yahoo.com.. god bless!!!
RJ Armas on September 29th, 2009 at 11:14 pm

Hi everyone, Mr Fritz!

I saw this blog of yours and the site Load.com.ph. Actually I also have an e-Loading business, and also to all networks, internet, Satellite tv, online games, lbc, mrt axs. We can also load to via through internet. And we have 6 data centers that process these load requests quickly. You can check my blog for more infos: http://rjarmas.mylx.biz/blogs or contact me at 09277479459. RJPArmas@yahoo.com
allen on October 3rd, 2009 at 9:31 pm

thanks a lot fitz for your blog. it constantly inspires me to pursue financial freedom. thanks again.
gilwants on October 11th, 2009 at 12:09 am

i’m been thinking about this, an e load station via using internet since a got DSL in my home then i’d like to try, so please e-mail me how to subscribe, and i will be glad having a small business @my place..
lam on November 20th, 2009 at 6:24 am

please send to me also
vothidu1939@yahoo.com
Ryan Caballero on December 28th, 2009 at 2:18 pm

Inquire lang ako how to start my load dealership?
missy on January 5th, 2010 at 12:53 pm

iam a present load retailer and wholesale..i just want to knw wat are the requirments and how much the cash bond to apply n smartmoney..and i want to be direct to smartmoney so that i can avail ur promo..tnx
majilyn morales on February 18th, 2010 at 9:47 pm

hello,interested po ako magventure sa e-loads all 3 networks sana,and become a distributor, kindly help me,what are the needed requirements to avail?and how much capital do i need,please e mail me majilynm@yahoo.com
Les on March 11th, 2010 at 2:51 pm

Hi,

Load.com.ph is a free online e-loading service, meaning it’s free to sign up, and free to use. Once you sign up, you only need to top up your ewallet – there are no surcharges of any sort for loading up (except maybe if you go for the western union type of payment, though we recommend going for bank transfers).

When you load up, you even get extra ewallet credits – an extra 3% for a single top up of PhP 1,000 to PhP 4,999, and an extra 5% for a single top up of PhP 5,000 or more. This means that if you top up PhP 2,000, you actually get PhP 2,060 in your ewallet. If you top up PhP 7,000, you actually get PhP 7,350. To earn more, it’s recommended you top up at least PhP 1,000 or for the best earnings, go for at least PhP 5,000. You can of course, sell load and earn from it even if you top up less than this amount, but you won’t be maximizing your income in that way.

This is on top of the discounts (varies between eload/epins) you already enjoy whenever you redeem an e-pin or send an e-load, or purchase an e-card to sell to your customers.

Load.com.ph also has a built-in referral system that allows you to earn 1% of your referral’s top up (whenever they do that) in terms of ewallet credits.

You can use Load.com.ph for managing your business’ prepaid load needs (its loading system is ready for mass cellphone loading and it’s easy to use too), or for your eloading business, whether you’re running it exclusively for that, or along side another business, like a sari-sari store, tiangge stall, or Internet Cafe (since it has MMO game cards, too).

It’s ready to use nationwide, and across the globe, so if you want to sell in the provinces or maybe sell to OFWs in Dubai, you can do that. It’s accessible over the Internet via a web browser, mobile Internet via WAP, and even through SMS text messages.

Load.com.ph simply gives you the opportunity to tap into over 50 of its eload and epin products with one free and easy to use account.

For more information and if you’ve got more questions, please visit http://www.load.com.ph.