A lot of people in Philippines are reselling load for Globe, Smart, etc. How do you become such a reseller?
Update:I forgot to ask: and how do you turn a profit? Do the resellers get to buy load at a discounted rate?
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Verified answer
One way is to be a LOADCENTRAL RETAILER
A LoadCentral Retailer is a one-stop reloading station that can sell popular prepaid card products (e-load - Smart, Globe, Sun & Aload, prepaid call cards, prepaid internet cards, online gaming cards, etc.) without having any sort of physical cards in your possession. Retailers can sell prepaid airtime credits via mobile phone or PCs with internet connection.
For more info, click on the link below
http://www.loadcentral.org/business_partner.do
Process : You buy an initial load, say 500 pesos which is placed in your electronic wallet.
Let's say you sell a SMART e-load for 30 pesos, the buyer gets a 30 peso load and your wallet is deducted 27 pesos. So you have a 3 peso profit in a 30 peso sale transaction.
Have a nice day !
you'll need a special kind of sim card for that, i think it can be bought from globe/smart centers and sometimes, reloading stores have those kinds of sim also :)
you need a reloading sim which can be bought from the network stores.i think it's more expensive than the usual prepaid sims.
you'll earn around 3.50 per 30 peso load so I was told.