RECHARGE CARD PRINTING AND SALES BUSINESS PLAN IN NIGERIA
Recharge Card Printing and Sales Business Plan in Nigeria
This sample Recharge Card Printing and Sales Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Recharge Card Printing and Sales Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.
Business Description of Recharge Card Printing and Sales Business Plan in Nigeria
Business: RECHARGE CARD PRINTING AND SALES
Industry: PRODUCTION (Recharge Card Printing and Sales Business plan in Nigeria)
PATILAD VENTURES specializes in the printing and sales of recharge vouchers in small/large denomination using our universal printing software, computer and printer. Our company will be located in Magboro, Ogun State. The business over the last few years thrives on volumes and gives one of the fastest turnovers than any other business. The recharge card business typically attracts entrepreneurs who want to enter the market, businesses with established retail distribution channels, and service providers that want to diversify their revenue streams. This business plan will provide details concerning the industry, operation, market and financial analysis.
Recharge card is one of the fastest selling GSM products in Nigeria, with daily sales of reaching N1 billion. The ban on the importation of GSM recharge Cards/vouchers printed in foreign countries has opened up the industry to both big and small sized local companies. Empirical Surveys have shown that recharge card is the third selling product after pure water and bread. Recharge cards are basic top-ups on mobile phones (for calls), tablets, computers and modems (for internet connection subscription).
The usages of these recharge cards by the governments, corporate entities and individuals are presently at their peak because of the high rate of users’ demands. The market for recharge cards is so large that saturation in the near future is out of the question. Due to this fact, the federal government with NCC has approved the involvement of individuals in the business to be able to contain the demand.
The recharge card printing business is a legal one and it does not require any special or skilful person to start up. Do you know that over 50 million people in Nigeria have mobile phone and that an average Nigerian spends about N6, 000 monthly on GSM calls? That means that averagely Nigerians spends over N300 billion monthly on recharge cards. Is it not amazing? And a point for an investor to consider going into recharge card printing business? People are making real money in recharge card printing business from this statistics, even as you are reading this report. At first, the opportunity was reserved for the big investors, but today recharge card printing business has trickled down and what used to be exclusively for the big players can now be tapped into by savvy small investors like you and me who can also make money printing and selling recharge cards
However, service providers in the industry are faced with high production cost resulting from epileptic power supply. New entrant to the industry can expect to face cutthroat competition as most players and competitors in the industry use predatory pricing and heavy promotion to eliminate or undermine their rivals. Despite this, a robust performance is expected from the industry over the period.
At PATILAD VENTURES, we define excellence by providing unparalleled services in an inspiring environment filled with dedicated staffs that are always ready to attend to our clients immediately without wasting time. Our values which have produces outstanding results, with all time client satisfaction are passion, integrity, dedication and enthusiasm.
Knowing our important the human resources are to any business, we intend to get the best by not only hiring those who would be the best fit for the various roles but also those who we know will be able to project our visions positively internally and externally. We also intend to invest massively in the welfare of our employees so that their productivity rate results in a healthy bottom line for the company. We intend to provide excellent customer service to all our customers so as to keep having repeat businesses with them. We would ensure that we listen closely to their complaints and resolve them in a timely manner. We would also listen to suggestions and tips that would move our business forward. We would also keep in touch with our customers and ensure that we keep them informed of new services and products from our stable.
PATILAD VENTURES location will be easily accessible not only for our employees but also for our clients as well. Also, we intend to ensure our facilities are very conducive so that employees do not have issues carrying out their tasks effectively.
Our products and services
The following is a current overview of our services:
- Printing of recharge vouchers for all networks (MTN, AIRTEL, GLO, ETISALAT, etc.)
- Sales of Recharge Cards
The benefits of our products and services are
- Availability of several varieties meeting the need of a wide range of class of people.
- Our clients receive the quality of recharge card printing they need, with maximum efficiency and reliability.
- Excellent customer care services.
- Fair and lowest possible prices.
Objectives for Recharge Card Printing and Sales Business Plan in Nigeria
- To generate customer satisfaction so that at least 60% of our customer base is repeat business.
- To provide quality product at reasonable prices with exceptional services
- To achieve an annual turnover of at least 10million by 2020.
- To open twelve (12) new outlets in 36 months.
- Constant growth in sales in 12 months.
Goal for the Recharge Card Printing and Sales Business Plan in Nigeria
To provide fast and reliable services to all our clients.
Vision for the Recharge Card Printing and Sales Business Plan in Nigeria
To be a one stop-shop for accessing varieties of recharge cards at affordable prices
Mission for the Recharge Card Printing and Sales Business Plan in Nigeria
PATILADWONDER’s mission is to exceed the customers’ expectations in every sense by providing quality services at affordable prices in a loving and inspiring environment.
Management Team of the Recharge Card Printing and Sales Business Plan in Nigeria
EMMANUEL ODEJOBI Anu – has over 10 years of experience in the industry. He has proficiency in graphics works, typing, lithography, offset printers, digital separation and large format printing. He will be in charge of our operations.
Mr Dayo Adetiloye – (B. Agric., MBA, and PMP): He has over 15 years’ experience in business management, business start-up dynamics, financial management of business and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan African University (PAU). He is our business development strategist and a strategic partner.
We brought to the business:
- Educational skill and practical experience in Recharge Card Printing Business.
- Capacity to consistently provide high quality recharge vouchers all year round.
- Quality processed product and good understanding of the market trend.
- Our staff brings operational, marketing and promotional skills to the business.
Management experience gained for the Recharge Card Printing and Sales Business Plan in Nigeria
With over 7 years’ experience in recharge card printing business and numerous exposure to both the scientific and practical aspect of Recharge Card Printing and Sales, I’ve being able to master the technical requirements, financial management, staff recruitment and organization skills among other things necessary to give the industry good commendation from our customers.
My managerial skill has also helped in putting together a workforce for over 5 years, which will also help me to coordinate the team work in most aspect of the company.
I am the CEO of the company overseeing the day to day activities of the business.
Materials and Machine for Recharge Card Printing and Sales Business Plan in Nigeria
Office space, computer, printer, Blue bamboo (new machine for printing without computer, printer and software), software, reliable internet connection, recharge voucher PINs, pre-printed papers, flash drive, etc.
Competitor Analysis for Recharge Card Printing and Sales Business Plan in Nigeria
People buy from us because of the following reasons:
- Exceptional quality printing output.
- Availability of several varieties meeting the need of a wide range of class of people.
- Availability of skilled and knowledgeable staffs.
- Excellent customer care services.
- Fair and best possible prices and discount offers.
Our three major competitive advantages are:
- Exceptional quality printing output.
- Excellent customer care services.
- Fair and best possible prices and discount offers.
For the remaining part of this business Plan, including the detailed financial analysis, call any of our business plan consultants on 08105636015 or 08076359735 or send me an email at dayohub@gmail.com.
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Call any of our business plan consultants on: 08105636015, 08076359735
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