Thursday, June 28, 2012

Small Capital Home-Based Business (Loading)

For stay-home parent, student or employee looking for an extra income. Loading business is a great one for everyone. For starters it doesn't require a big capital for a retailer, you earn from 10%-13% every load transaction. Almost every Filipinos own atleast one cellphone. For most Filipinos it is a necessity  to have one for communication and simple texting of "Hi". According to a study from Ipsos Media Atlas Philippines, that was published by The Manila Times last May 10, 2012, the Philippines is still the capital texting of the world. Consumers for loading business is not a problem all you need to do is let people know about your business. The nice thing about loading business is that you load anyone wherever you are anytime of the day. For home-based business you can start by posting a sign at your gate Load available here, for sari-sari store place some posters outside your store. For students and employees word of mouth is the most effective way. For employees who works inside a big office is a good advantage especially if no one in your office is doing a loading business and your co-workers needs to go out of the office just to buy a load at the nearest store. For students their market will be their classmates and schoolmates depending on how big your network is inside your school. 

There are a lot of option on how to get started with starting a loading business:
  • The traditional one is buying a retailer sim from one of the network provider so you can start retailing load from that network.
  • Another one, is the universal loading, it has two different type.
    • Unified sim loading which is you buy a sim and that sim can load to all networks 
    • Unified Retailer Access Card , you just need to register your personal mobile number to make it a load retailer.

I would suggest the best option would be Unified Retailer Access Card, it is the cheapest and easiest from all the option. It is the cheapest because you do not need to invest in buying an extra phone and extra sim. You just need to buy the retailer access card which is php 300 to get a registration code and pin for your own mobile number. Easiest to use because after purchasing the retailer access card you just need to register it online for a minute or two, after that you can load up your loadwallet and start retailing load. All transactions done from selling load using your cellphone have a transaction report online when you check your account, it is real-time with detailed report so you can track all transactions and no need for listing it. Aside from loading using your cellphone you can load online using your account online which is much easier from using your cellphone and it has a network indicator that informs you if the network provider is online or offline. Another unique feature of this kind of loading business is that you can also sell prepaid cards, phone cards, cable tv prepaid cards, game cards used in internet gaming. The pin number of the prepaid cards are sent to the mobile number of the consumer through text. For starters you can start with a small capital for your loadwallet usually php 1,000, know the flow of how fast your loadwallet is consumed so you'll have an idea for your next replenisment of loadwallet.

I hope that this article has given you some idea on how to start a loading business!
For more inquiries about Unified Retailer Access Card call or text me at 0923-739-6005

5 comments:

  1. Miss, with all due respect you seem not to have actually been involved in this business and may be only quoting what you have been told or read. This business is a scam in my opinion. We have tried to operate it for more than 5 years. The company provides no support most of the time. The web site for conducting the business is unreachable most of the time. Today, for example, I cannot reach the site upsexpress.com.ph (goes to Wanderful Travel & Tours), upsexpress.com (obviously goes to United Parcel Service), upsxpress.com.ph, upsxpress.com, mygprsxpress.com, etc., 504 errors or server not found. Only the globalpinoyremittance.com.ph sites are reachable. These have no way to login to conduct business. One can only join at these sites. We are supposed to have a distribution business, but I can’t even load my own phone.
    The commissions are not what you state. Load wallet does not provide 12-13% commissions. The commissions are 2-8.7%. When we started we were told we would receive 11-12%, but these levels lasted less than a year, and we only receive 12% on very few transactions. As I later found out, most people in the business don't know how to calculate the commission they receive. The business, GPRS, seems to survive by feeding off the naive. I include myself, when I first came to this country.
    When I have the time and funds, I will try to sue the company, and perhaps people like you for spreading the lie. After all, it was folks like you who involved me in this business initially.

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  2. You can also hire any business consulting in the Philippines to help your business achieve your goal.

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    Jaafar Lending Firm

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  5. The loading business idea is not only brilliant but also feasible with its low capital requirement. It's fantastic how technology, like cellphones, has become such a staple in our lives, offering an opportunity for a side hustle.

    Speaking of tech, have you considered exploring VPS hosting for your small business? Availing VPS hosting in the Philippines could potentially enhance your business's online presence and ensure a secure digital platform for transactions. It's worth exploring, especially with the growing trend of online connectivity.

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