How to Start a Calling Card Business

Calling Card Business Success: How to Earn Big Profits as a New Calling Card Provider In Today’s Market
A few years ago, if you wanted to enter the calling card industry, reselling an existing calling card brand would have been the only option for a new, small or inexperienced business person.
The reason was because reselling was easy to do and didn’t cost much to start. You could start making sales and earning commissions in just a few days.
But the problem with reselling is that it’s a limited business structure.
It’s hard to grow, your profits are restricted, and you don’t have total control of your business because the calling card provider makes all the decisions for you. The calling card provider sets your commission, controls your supply of calling cards, sets the rates and determines which features to offer your customers.
In other words, the calling card provider makes decisions that benefit him, not you.
Things are different today.
The technology is much more advanced and user friendly. And by working with a reputable vendor you can own a turn-key system that enables you to jump into the calling card business NOT as a reseller, but as the calling card provider.
The technology is more powerful and affordable today, too. For about the price of a basic motorcycle you can get started as a calling card provider and begin selling calling cards direct to customers and keep 100% of the profits.
A reputable vendor also provides training and technical support. In fact, if you know how to use email or bank online, you can run and manage an international calling card business from the comfort of your home or office.
In addition, today you have many new opportunities to earn big profits that didn’t exist just a few years ago. This is an exciting time to jump into the calling card business.
Why it’s so easy to become a Calling Card PROVIDER today and make more money than ever before.
There are many reasons. First, it’s affordable. Think of computers. They’re more powerful today than just a few years ago, yet they’re much cheaper, too.
The technology needed to start up and run a calling card business has gone through the same scenario. It’s more powerful, it’s more user friendly for the provider, and it’s inexpensive.
Just a few years ago you’d need at least $250,000 to get started. Today, a reputable vendor can build you a turn-key system for about the same price as a basic motorcycle.
Second, there are more ways to make money today. In the past, a calling card provider had to distribute cards through a network of middlemen: distributors, agents and resellers. Everyone took a cut of the profits.
Today, when you become a calling card provider you have many options to make profits.
You can earn money by distributing cards through your own network of middlemen. You can earn more money by selling your calling cards through online affiliates. Or you can sell directly to the customer for the highest profit through your own website or retail store. Plus, as the Calling Card Provider you can benefit from all these methods to generate income.
Third, you can start a calling card business with no technical or engineering background. Much of the cost in the past was spent buying and renting equipment to run your calling card business and process the calls. A lot of money was spent on hiring consultants and technical professionals to put all the pieces together, test it, fix it, and make sure it ran without any problems.
Today, it’s much easier. All you need to do is find a reputable vendor and they’ll handle all the technical details for you. This saves you a lot of money. And, instead of wasting time with all the details you’re able to maximize your profits by focusing on marketing and selling.
What tools and services do you need to get started?
At minimum you’ll need:
Calling card software: This is necessary to run and manage your business. It helps you set up access codes and pin numbers, it manages your accounting and billing and keeps track of your business. With the right software you can run your business from your home, if you want.
Server hardware space: This is the actual hardware where your software sits. The servers also process all your VoIP call traffic.
Local access phone numbers: This is how you’re customers will access your local calling card services from where they live or work.
Termination: This service connects your customer’s calls nationwide or internationally.
Card printing services: You’ll need a specialized printer who has experience printing individual calling cards, each one with its unique PIN number.
A calling card sales website: This is optional. But with this kind of ecommerce website you’re able to sell calling cards directly to customers over the Internet without printing cards. You can earn higher profit with this kind of feature because you sell direct to the customer, by-passing all the middle-men. Plus, since it’s Internet-based you save on printing costs. Instead of printing a card, your special website automatically generates a PIN number which your customer uses to make calls.
These are just the minimum set of tools and services you need. At this point, you’ll have to do all the work finding, researching and negotiating all the contracts for each service and tool mentioned above. Then you have to test the whole system to make sure it all works together and is compatible.
That’s a lot of work and takes a lot of time. If you’re new to the industry it can be intimidating.
The easier solution is to find and work with a reputable calling card business vendor like IPsmarx. A company like this can build you a turn-key system, connect you with reputable vendors and may even be able to help you negotiate special pricing for you.
Why earning small commissions as a calling card reseller is a big mistake, and what to do about it.
If you’re thinking of reselling calling cards for a small commission — STOP! That can be a big mistake because you can easily become a calling card provider and keep 100% of the profit with your own brand!
Also, as the provider you can work less and earn more! Take these two examples:
1) One company offers a commission between 1% and 17%. To earn the maximum 17% commission you must have at least $100,000 in sales. Which means you earn $17,000. Let’s just say that $100,000 means you have to sell about 20,000 cards. That’s a lot of work to earn $17,000.
Instead, if you were the calling card provider you keep 100% of the profit starting from the very first dollar. In this case, it’s possible for you earn the same $17,000 by selling only 6,800 cards. The same money for less than half the work.
Plus, as the provider you’re in control of how much to sell your cards for, where to set the fees. You can cut costs and negotiate better terms with your vendors. So you can earn even more money. As a reseller though, you have no control over any of this. You just have to accept what the provider says.
2) Here’s another example. Sell direct online through an ecommerce website. You can automate your marketing and advertising. Then your special website can automatically sell, generate PIN numbers, recharge PIN-less calling cards and handle the bookkeeping… while you sleep! That’s more money with little to no work from you, once you’ve set it all up.
As the calling card provider you’re in control of your business. You set rates and the fees. You can offer new features that generate more income. You can recruit your own distributors, agents and resellers. You can sell direct to customers. You determine how successful you want to be and how much work you want to put into your business. Being a calling card provider is better and more profitable than being a reseller.
How to run and manage your Calling Card business with no technical or engineering background.
That’s very easy to do today. In fact, most new calling card providers start out with no experience or technical knowledge.
What you need to do is work with a reputable vendor who can build you an integrated and stable turn-key system, and provide you with training and support. At minimum you want a company like IPsmarx that has a track record for building award winning systems.
For more information call 703-779-3594 and speak with a VoIP Calling Card Business Consultant or Technical Engineer.
How to sell your own calling card brand for 100% of the profit in the next 10 days!
A reputable vendor with experience building fully integrated turn-key calling card systems can create a system for you needs in as little as 10 days. You can maximize your profits by spending your time selling and marketing because everything else is done for you.
Once you’ve started your calling card business, what are the three fastest methods to expand market share?
1) Home service. You can easily set up your own Vonage- or Skype-like service. Once you start your calling card business you’ll quickly notice that the same, or very similar, system you use for calling card customers can be used to offer VoIP calling services to homes and businesses (without using calling cards or PINs). Offering a home service open up a new and large market for your business.
2) Sell direct to customers through the Internet. By selling your calling card or your home services through the Internet you won’t be locked in to your local community. With an ecommerce website you can do business in the next town, across the country or even around the world.
3) Retail Recharge by Phone. This can quickly open up a whole new market for you. Many calling card customers like to use PIN-less calling cards because they’re more convenient and often a better value. However, you need to use the Internet and a credit card to recharge a PIN-less card.
The problem (and opportunity) is many calling card customers don’t have a credit card or don’t have access to the Internet. Also, many resellers don’t have an Internet connection at their retail store.
A “Retail Recharge by Phone” service allows your reseller to accept cash payment from the customer and recharge her PIN-less calling card using his phone (not the Internet). This allows you to convert more calling card customers to your PIN-less calling services.
How to compete against larger and older calling card companies and win?
As a new calling card provider you have the ability to move quickly and take advantage of new market opportunities.
Often, older and bigger calling card companies are stuck in their old ways of doing things and too comfortable to make necessary changes.
You can use this to your advantage and quickly grab market share away from them. You can offer new and exciting features like Retail Recharge by Phone, Callback, SMS-text, or new applications made for mobile phones. Each new feature is a convenience to customers and a new profit center for your business.
The 7 reasons to start a calling card business today.
1) There’s more money owning your own calling card business than acting as a reseller. 2) You have more flexibility. 3) You’re in control of your future. 4) You can grow faster as a calling card provider than you can as a reseller. 5) There’s more opportunity to grab market share and make more money. 6) It’s easy to do when you use a turnkey system. 7) It’s inexpensive to launch a calling card provider business today.
What’s the most-valuable-asset in any Calling Card business and how do you keep total control over it to ensure future success?
It’s the calling card customer.
As a reseller you don’t have control over the relationship with the calling card customer. And that’s a big problem if you want to grow your business and expand in the future.
But when you’re the calling card provider you have control over that relationship.
The customer has to contact you to make calls and set PINs. If you sell your cards direct, you can offer customers new features like PIN-less calling, home services or the option to buy online. If the customer decides to buy online or use home service they by-pass the reseller, agent and distributor completely.
The calling card customer is your company’s most-valuable-asset and having control of the relationship is how you ensure future success.
What are the two least expensive strategies to grow your business internationally?
Expanding your calling card business internationally is a profitable move. And it’s simple to do, even for a new calling card company with limited funds because the technology today is powerful and inexpensive and because the call traffic runs across the Internet (VoIP).
1) Set up a calling card selling ecommerce website. With this kind of website you can sell your calling card services anywhere in the world.
2) Offer a “Call-Back” service. This allows your customers to save money making calls between select countries. But, it also means you’ll generate revenue from calls initiated in overseas markets.
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IPsmarx is a world leader in VoIP communication technologies used to set up and expand calling card businesses. Entrepreneurs, distributors and agents enjoy IPsmarx’s easy to use and innovative communication platforms. Its award winning solutions are used in over 65 countries.
Call IPsmarx at 703-779-3594 to schedule a FREE, no obligation consultation with a VoIP Calling Card Business Consultant or Technical Engineer. They’ll answer your specific questions, give you guidance on the next steps you need to take to open your calling card business, provide a quote, and possibly set you up with a trial demo of the system. Click here for a free webinar on How to Start a Calling Card Business and How to Start a voip Business: http://www.ipsmarx.com/HowToStartACallingCardBusiness.html.
There’s a limited number of consultation each month so, call 703-779-3594 today.