As one that wants to start a profitable VTU business, the first and the best thing you should consider is the cheapest VTU Platform In Nigeria which would guarantee high profit for you.
VTU business is no doubt one of the cheapest and lucrative business to start in Nigeria, but the profitablity highly depends on the vtu platform you are using for the business.
With the right vtu platform, you can be making over 150k monthly. And this is why you really need cheap vtu platform to make this business lucrative for you.
What Is VTU Business?
VTU is an acronym for “Virtual Top Up.” So VTU business is a business that involves buying and selling of airtime, data, and other subscription bundles, through the internet.
As an agent in any VTU platform in Nigeria, you always have the privilege to buy these bundles and airtime at very cheap rate, and then re-sell them to final consumers at higher rate, hence making your profit.
How Does VTU Business Work?
Just as has been explained above, if you want to start VTU business in Nigeria, you would have to register as an agent/reseller on any of the VTU platforms that is most reliable to you.
Once you register on the platform, you automatically have the access to buy airtime and other bundles at very cheap rate, which you can be re-selling to other users at your own price.
For example: Let’s assume that a VTU platform sells 1 Gigabyte (G) data bundle for N250 to their registered agents/resellers.
The registered agents may decide to be reselling these data bundles to final users at the rate of N500 per 1G.
This means that such reseller would be making a profit of N250 whenever he sells up to 1G data bundle.
In this, if the reseller is able to sell at least 8G in a day, he would be making a profit of N2,000 in a day, that is N60,000 in a month, just from data bundle alone. Meanwhile he would even be selling more than that amount of data bundle.
Note: that any body can buy data or airtime from any of these VTU platforms, but the prices for registered agents/resellers are always cheaper than prices for ordinary customers.
Is it only through data bundles that reseller make their money in VTU business? The answer is No! there are actually some other ways one can make money from VTU business in Nigeria. Such ways could be through airtime recharge, subscription bundles like: electricity, Cable TV, and so on.
Some of the VTU platforms that offer these services always pay their registered agents/reseller certain commission whenever they help a customer complete any of the services mentioned above.
10 Cheapest VTU Platform In Nigeria
Today, there many VTU platforms in Nigeria which offer their service at varying prices. After comparing these VTU platforms and the prices for their services, we have been able to rank up 10 best vtu platform in Nigeria that offer their services at a very cheaper rate than others.
So below are some of the most reliable and cheapest VTU Platform in Nigeria which you should consider if you really want to go into VTU business:
- Data Plaza
- VTU Data Zone
- Vtu King
- Mobile Mila
- Naira Data
- Oga Data
- Mighty Data
- Mobile Vtu
Data Plaza is one of the cheapest VTU platform in Nigeria for anyone that really wants to start VTU business.
Data Plaza offers many services including: MTN VTU, Airtel VTU, Glo VTU, 9mobile VTU, Bulk SMS, SME Data, Electricity Bills, Dstv, Gotv, WAEC result checking, NECO result checking, converting Airtime To Cash, and so on.
According their homepage, Data Plaza sells MTN 1G data bundle to their registered resellers, for just N230.
When talking of the cheapest VTU Platform In Nigeria, vtu.com.ng can never be left aside. It is one of the most popular VTU Platform in Nigeria that have really made their way in VTU business.
Just like data Plaza, vtu.com.ng offers varieties of services including: airtime recharge for all Network, mobile data subscription for all Network, cable TV subscription, and so on.
vtu.com.ng sells MTN 1G data bundle for N245, to their registered resellers. Not only this, the platform gives at least 4% commission/discount to their registered resellers for any airtime recharge to customers.
VTU Data Zone
VTU data zone is another cheap vtu platform in Nigeria that would help you make out mouth watering profit from VTU business.
The platform offers VTU services like: Airtime, Data, TV subscriptions, Electricity Payment, and WAEC Result Token.
Aside the commission that this platform gives their registered resellers for some of the subscriptions mentioned above, they always sell data and Airtime to their agents at a very cheap rate.
According to their home page, VTU data zone sells 1G MTN data bundle to their registered resellers for N250 only.
Just as the name sounds, VTU king is really the King of data, airtime, and other bundles. It remains one of the cheapest VTU platform in Nigeria whose service has been most tested and trusted by many.
VTU king sells 1G data bundle for N255 for their registered resellers.
Mobile Mila is one of the cheapest VTU Platform In Nigeria that you should really consider if you are planning to start a VTU business.
It offers many kinds of VTU services like: airtime recharge, mobile data subscription, cable TV subscription, bulk SMS, and so on.
There are many VTU services that VTU king offers, which include: Airtime recharge, data bundle subscription, cable TV subscription, WAEC scratch Cards, recharge card printing, Electricity subscription, POS service, and so on.
With these VTU services, it becomes very easy for one to make huge amount of money as a registered reseller on the platform.
Mobile Mila sells 1G data bundle to their registered resellers for N285.
DelData is another cheap VTU platform in Nigeria which you should consider if you are interested in starting a profitable VTU business in Nigeria.
DELData VTU Services, with the registration number: BN 2315597, is a subsidiary of DEL Resources Concept.
Just like other VTU platform in Nigeria, delData also provide similar VTU services like: airtime recharge, mobile data subscription, cable TV subscription, and son on.
DelData sells MTN 1G data bundle to their registered resellers for N280.
Naira Data is one of the cheapest VTU Platform in Nigeria that have made VTU business in Nigeria a very lucrative one.
Through the cheap VTU services provided by Naira Data, many young entrepreneurs have been able to change their financial status.
Naira Data offers many VTU services like: data subscription, airtime recharge, WAEC scratch card, convertion of airtime to money, and s on.
According the the information on their home page, Naira Data sells MTN 1G data bundle to their registered resellers for N300.
Oga Data is another cheap VTU platform in Nigeria that would help to increase your profit if you are planning to venture into VTU business.
The platform offers several VTU services like: Airtime recharge, mobile data subscription, cable TV subscription, and so on.
Oga Data sells MTN 1G data bundle to their registered resellers for N300.
Mighty Data is another cheap VTU platform in Nigeria that would help you to maximize the potential in VTU business.
According to the information on their website, Mighty Data sells MTN 1G data bundle to their registered resellers for N300.
Just like other VTU platform in Nigeria, mobile VTU is one of the best VTU platform in Nigeria that have changed the financial status of many young entrepreneurs.
Mobile Data sells MTN 1G data bundle to their registered resellers for N400.
How Much Do I Need To Start VTU Business In Nigeria?
Depending on how big you want the business, you can even use N10,000 or less to start VTU business in Nigeria, and be making cool profit for it.
How To Start VTU Business In Nigeria
VTU business is really one of the cheapest business in Nigeria, which you may not need much capital to set up.
Depending on how big you want to run the business, a VTU business may not necessarily need a shop before you could start making money from it. But if you have money to rent a shop, that’s still cool.
So, planning to start your VTU business, the major thing you need is just a cheap VTU platform which you would be buying your VTU services at very cheap rate.
All you need is just to buy your VTU bundles like data, airtime, and so on, and create awareness to people about the business.
According to Nigerian Communication Commission (NCC), there are over 100 million active GSM LINES in Nigeria. Of which the users of these GSM lines can never do without data or airtime. This is to tell you how lucrative VTU business would be if you are able to promote it very well.
Devise strategies to promote your VTU business. This could be through social media platforms or any other strategy of your choice.
Data bundle is really becoming very costly today. By letting people know that you have very cheaper data bundle to offer, you would be surprised at the kind of sales you would be making.
There are many lucrative business opportunities in Nigeria today, but only few of them are always known to people.
This is because many people always think that they must have millions of Naira in their account before they would be able to start a successful business, not knowing that there are so many lucrative business in Nigeria that one can do with very little pocket money.
VTU business is one of the cheapest and lucrative business in Nigeria that is capable of changing one’s financial status if managed very well.
But the profitablity of VTU business depends on the VTU platform that you are affiliated to. There may actually be countless number of VTU platform in Nigeria that offer similar VTU services at varying prices.
So, to maximize the profit of young entrepreneurs that are hoping to venture into VTU business, we decided to put together in this article, the best and cheapest VTU Platform in Nigeria whose services are trusted.
I believe this article would be of great help, do let us know if you have any question or feedback.