Anyone running a mobile recharge shop?

Chennai, India
October 21, 2010 12:03pm CST
I'm just curious, whether anyone here is running a Easy Recharge shop. If yes, how much was the investment? How much volume do you perform every day? My implied question is, whether it's profitable?
1 person likes this
4 responses
@Devilova (5396)
• Indonesia
21 Oct 10
Yes I do, but I didn't need a shop.I only use my single mobile to deal with, cause the dealer that I've used can serve all cell operators in Indonesia. I start with about $40. Every transaction I earn from $0.07 to $0.1 and I can make about 20 transactions every day.Maybe you think that was a little money. And yes, that was a little.But they use matrix scheme, everytime I get a downline.I earn $0.01 per transaction, upto 7 level.So, you can calculated my earning if I have 10 referral and that 10 have 2-10 referral.Each of them do about 10-20 transactions.
1 person likes this
• Chennai, India
21 Oct 10
Fantastic. I'm also just involved in a similar thing. I use just a single mobile to top up any mobile or DTH. I earn 3% of the transaction amount. They too have the matrix thing. I've got around 20 referrals.
1 person likes this
@yugasini (12815)
• Anantapur, India
21 Oct 10
hi venkataraman, i have maintained a fancy shop up to two years back,we have also kept some recharge cards,and easy recharge also,i think one lakh investment is enough initially for a cell recharge shop,besides that you have to keep new sim cards also,now a days companies are offering new sims means new connections at trough away prices,best of luck,have a nice day
1 person likes this
@anurag3786 (6275)
• India
22 Oct 10
Yes I go to recharge shop for recharge my mobile. Because I am a person who talks very much on mobile. So every 5th day I top up my mobile with the amount of 50 rupees. So I need to go to a mobile shop but sometimes I recharge my mobile online. Because I have some websites who have only for mobile recharge. So I use this facility on internet and money deducted from my debit card.
• Chennai, India
23 Oct 10
The thing is, I do my mobile recharge on my own. And I retain the 3% commission for myself, everytime. I just registered with a company Team Lifestyle who provide me a chance to recharge any mobile or DTH from my existing mobile, by sending SMS. (The registration fees was Rs.1,000. May seem high, but when we consider the 3% we get for lifetime, the initial fee is ignorable.) I think, this system would be loved by recharge shops also, because keeping around 10 mobile phones and keeping their battery alive is a difficult thing. Besides, I can use one single balance to recharge any network, whereas it's not possible with the traditional thing. (If we have balance on one network, we can't transfer to another network, generally. But, this problem is eliminated with Team Lifestyle.) They have referral benefits also. Though it sounds like MLM, the owners of the business are my friends. So, I'm doing it confidently. (Team Lifestyle gets 3.8% on their volume. They share 3% with the members and retain 0.8%. So, they will be always on profit, which eliminates the risk. And the activation fee is helping them to manage the payout and establishment.)
@pals101 (2011)
• Philippines
22 Oct 10
I have seen something like this when i last visited a city here in the Philippines, but i could not find something like that in my own hometown city. Is this something where you can charge your cellphone of any unit for an equivalent charge price..? Is that it?