All about eLoading Business

Are your interested to start your own eLoading business?  You might find this post helpful.

There are 2 major players in the communications industry in the Philippines: Globe and PLDT/Smart.  Under each are some minor players.  PLDT/Smart owns Talk n' Text and Sun Cellular.  Globe, on the other hand, has Red Mobile and TM.

The Philippines is known to have a large percentage of mobile phone users in the world - ranked 12th in 2013.  In a 2013 local survey, Philippines has an overall mobile phone usage of 89%.  That amounts to around 89M users in the current population of 100M with estimates of 117M mobile phone subscribers by 2016.  Imagine if you could tap even 0.01% of that market to sell prepaid loads?

What is eLoading Business?
eLoading is short for electronic loading.  This refers to reloading mobile phone credits electronically.  Since it's electronic, there will be no plastic prepaid cards used (eco-friendly ain't it?).  A prepaid subscriber only need to pay you and you can reload credits to their mobile number.  It's all up to you how you get paid.

How much will I earn?
How much you earn actually varies depending on you eLoad provider.  There are many eLoad providers and LoadCentral is one of them.  I am a LoadCentral retailer and I earn from 4-6% discount per transaction.  As example, for a 100Php Smart Load, only Php95.06 is deducted from my load wallter, thus I earn Php4.94 for the transaction.
Some providers also let you earn from referrals and downlines(e.g. you are a dealer and you have several retailers under you).

Not a primary source
Now, unless you have sales amount to a million monthly, this should not be treated as you primary income source.  Think of it as an investment medium where your money can grow instead of depositing it in the bank at 2% annual interest rate.  Emphasis on annual, which actually means 0.16% per month.

How do I start?
Interested?  Post a comment or learn from my next post on how to start with your LoadCentral eLoading investment.