Two decades ago, no one’s even heard of VoIP. Even the biggest businesses in the world wouldn’t look twice at it.
Even as it first gained attention, it was still thought to be an infeasible solution in ensuring that communication would become easy. However, thanks to the advent of fast internet connection, this all changed.
VoIP is highly reliant on the quality of your connection. With that huge setback out of the way, enterprises of all sizes have welcomed VoIP as a necessity in sustaining their businesses.
That’s why providers like Betacompany are thriving. But did you know that you don’t actually need the infrastructure for VoIP so you can profit from it?
Many have proven that being a VoIP reseller can also be a profitable venture. If you’re curious about how it can benefit you, keep on reading. We’ll cover just that in this post.
- It creates a steady revenue stream.
The problem with dropshipping is you’re selling a one-off product. This means you can have months with record-breaking sales numbers. But the downside here is there will be times that you won’t be getting that much in revenue.
By selling VoIP, you’re resolving the issue of having an unstable income stream. It’s true that when you get a business phone number, they can cancel it anytime.
However, the chances of that happening is rare. Only when the business fails would they cancel their subscription. And when the business grows, they’ll probably be getting more numbers from you.
That’s the beauty of it. You’ll never have to worry about constantly finding new clients just to meet the month’s income goal. Instead, you can focus on growing your wealth by finding new ones.
- Get a product to sell without actually making one.
There’s a lot that goes on in ensuring that VoIP delivers the experience promised to the clients. It means countless hours developing and hundreds of thousands of dollars spent.
If that’s the only way for you to be able to sell VoIP, you probably won’t be able to because it won’t be worth it.
But when you’re reselling, you don’t have to invest anything in developing a product. You can sell the services as your own. This means reaping all the benefits and none of the costs.
If you have the marketing chops needed to promote and grow your own clientele, white label VoIP can be a highly profitable way to make money.
- It improves your competitive edge.
Let’s say you’re selling online security services. Even if business is good, it can most certainly be better, is it?
You can always expand your clientele by adding VoIP to the list of your offers. You can create VoIP packages that include performing some security measures like daily monitoring.
Doing this will improve your attractiveness to the market because you’re offering something that others don’t.
The best part here is you already have clients. You don’t have to reach out to a new market right away. You can start by offering it to your clients who may need such services.
And the odds of them needing it is huge. VoIP is undeniably the future of business communication, so the odds that you will close the deal are great.
- There’s no investment needed.
You don’t need to have some VoIP packages “on-hand” before you can sell them. You can just pay your supplier whenever there’s an order.
For you, this means that all you need to spend on is your marketing campaign. And if you craft a good campaign, the returns are huge.
The returns on the same small investment on marketing grow every month that they retain the services you’re selling.
If you have a huge network of business owners, perhaps you don’t even need to spend before you close your first sale.
- You set the price.
By reselling, you’re in full control. You can create your own pricing structure and adjust it whenever you want to. You can even change the pricing based on the client!
Having the power to set prices allows you to create your income goals and your sales targets. At the same time, it also gives some direction on who your target market will be.
For example, if you’re selling mom and pop establishments a virtual business number, you probably won’t be able to price it high. However, that would allow you to create case studies on how VoIP has helped them. This could later be used to attract high-ticket clients.
After that, you’re free to adjust your pricing based on the demand for your services and your adjusted income goals.
All the profits and barely any of the work? That’s the great thing about selling an in-demand service. The question now is will you stay on the sidelines or will you take action?