How I Built and Own This Startup In 3 Minutes
Business Acumen: How I Built and Own This VTU/Telecom Startup In 3 Minutes
Exactly How You Too Can Do The Same
A Virtual Top-Up (VTU) is a service that allows users to recharge or top-up their mobile phone, pay bills, or purchase digital products online using a virtual platform like SubVPC. It typically refers to a web-based or mobile-based platform that enables users to perform various transactions, such as:
Mobile airtime top-up
Data bundle purchases
Cable TV Subscriptions
Bill payments (e.g., electric, water, or internet bills)
Other Value-Added Services
The VTU business model falls under the telecom/fintech industry. As a VTU portal owner, you can manage your business from your phone or PC, wherever you are in the world.
VTU services often provide a convenient and secure way for users to manage their accounts and make payments online, without the need for physical cash or visits to a business location, as well as buying data bundles & airtime directly from providers or conventional fintech apps (especially when you need to avoid being charged from your real-time purchases to settle your outstanding debts of borrowed airtime or data bundles).
This article presents to you our seamless solution for VTU Portal creation and operation, plus its potentials for startups and entrepreneurs. However, if you don't have enough time to read through the entire article, you can follow the steps below to create your VTU Portal in 3 minutes.
NO BS, STEP-by-STEP GUIDE
Let's cut straight to the chase: a short, no-bullshit, step-by-step guide on how you too can build, own, and run a VTU business smoothly by creating a Virtual Top-up (VTU) Portal and start dispensing data bundles, airtime, electric bills, cable TV subscriptions, etc., on the same day without any integrations and business startup capital. Our tech prowess and progress.
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Step 1: Sign up for a User Account
Click Here to Register or Login. You will be guided through a simple registration process where you will need to provide basic information about your business.
Step 2: Provide the Needed Information
Once you have successfully registered, browse through the menu in the dashboard and click on 'Become a Vendor'. You will be presented with a form that requires basic information such as:
Type of VTU Portal you need
Name for the website
Preferred website address
Website design/theme
Simply provide this information and hit the SUBMIT button.
Step 3: Preview and Publish Your Website
As mentioned earlier, our system seamlessly builds a fully functional VTU website in 3 minutes or less. After clicking the SUBMIT button, your VTU website will be created and delivered to you instantly. Once you have received your VTU portal, take some time to preview it, master its functionalities, and make any necessary adjustments. Once you're happy with the final result, you're good to go.
Congratulations! You've owned a VTU startup and have successfully created your VTU website in just a few simple steps. Now it's time to promote your website and start attracting customers to your VTU business.
WHY JUST 3 MINUTES MAX?!
View this process as simply acquiring an exact duplicate of our platform, with the same system, features, functionalities, products/services, and all done-for-you integrations, including the software itself (to build for others too, without lifting a finger or having anyone contacting you). All done with the help of our VTU Software.
As a user on SubVPC, once you complete the action (your upgrade), you'll be instantly switched to your own VTU Portal. This means you automatically have admin access to manage the platform from the back-end as the owner, using the same "user" login info. You'll also have the option to switch between accounts — from user to admin (owner) and vice versa — all from one place.
WHAT'S OUTSTANDING HERE?
With our software, the entire VTU creation process takes about 3 minutes or less, and you can venture into your VTU business without an initial startup capital (start selling VTU/VAS services without any financial committment or deposite whatsover, forever). You only subscribe yearly to keep your platform active online (this is normal), and every other thing that comes along remains active and free forever.
Now that we've covered that, feel free to keep reading if you need more information to get started...
OUR EXCEPTIONAL SOLUTION & ITS POTENTIAL FOR YOU
Our VTU Portal Creator is an incredibly, user-friendly software and does not require any technical knowledge or coding skills. This means that even if you're new to the game, you can easily create a fully-fledged VTU website in just a matter of minutes, and begin business. All with zer0 tech experience.
Our platform also offers a wide range of customization options, allowing you to personalize your website to suit your brand identity and business needs.You'll receive a visually appealing website and can easily customize the look, feel, and images to create another presence you love.
Done-for-You API Integration
Typically, to be able to provide VTU Services, you need to connect your website to an API, this means integrating it with an external source that will be in charge of facilitating the services, in shares, directly from the various Telecom companies, such as Glo, MTN, Airtel, 9mobile, etc. With the hassle that comes with this integration, you still have to do it all by yourself. Contrast this with our solution at SubVPC. They're not the same. The good news is SubVPC is advanced and have handled all these stuff for you.
Our software integrates seamlessly with Service Providers, making it easy for your customers to start carrying out complete transactions directly on your website such as buying Data-bundles, Airtime VTU, Airtime Recharge Cards, Paying Bills (Electric & Cable TV), buying Exam Cards, sending Bulk SMS, etc., ASAP. This removes the need for manual data<¡> entry (Integrating APIs) and streamlines the process, enhancing the overall user and vendor experience.
Free Domain Name
One of the initial hurdles in launching a VTU portal is securing a domain name. With our system, every VTU website you create comes with a complimentary domain name (such as sub.vpc.ng), eliminating the need for separate domain purchases. This not only saves money but also streamlines the setup process.
Free Hosting
Hosting costs can add up, especially as your VTU portal gains traction. Our VTU Portal Creator takes care of this concern by providing fully managed hosting for all created websites. Say goodbye to monthly hosting fees and technical worries. We ensure your website runs smoothly without additional expenses.
Text Message Purchases
Our VTU Portal Creator introduces a groundbreaking feature that simplifies VTU service purchases. Users can buy VTU services by sending a straightforward text message to our AI-powered server. This text-based approach streamlines the process for both vendors and buyers, enhancing user convenience.
No Start-up Deposit
Traditionally, vendors were required to deposit a fixed sum of money to start processing VTU requests. Our system shatters this barrier. You can jump into the VTU business without the burden of an initial financial deposit, offering financial freedom and flexibility.
Easy Setup in 3 Steps (Zer0 Coding Required)
Our system is designed with user-friendliness in mind. You don't need to have any coding experience to manage your VTU website. The entire setup process involves just three simple steps: Register, Provide the required information, Submit.
Done-for-You Payment Gateways Integration
With most portal creators, you'll need to follow the traditional route of creating one or two business accounts on payment gateways like Moniepoint, Paystack, Flutterwave, etc. (one business account on each payment gateway), then integrate the business account(s) with your VTU Portal to facilitate payments from customers. All done manually by yourself. This process can be tedious at times. But our platform has completely eliminated this barrier too. Once you get your VTU Portal, you don't need to integrate anything whatsoever. Just start selling.
Create For Others
Your customers can also upgrade to Vendors from your Portal. They'll get their own automated VTU Portal delivered to them too, without you lifting a finger. Just receive your profit every time a customer upgrades to get their own VTU Website.
All vendor upgrades/portal packages provide the same VTU Services completely. However, here's the difference between the Vendor, Vendor Pro, and Vendor ProMax. 👇
For instance, if the Portal you're operating is on the ₦40,000 package (Vendor) and your customer upgrades to the same level or a higher package, the profit you'll receive is determined by the package your Portal belongs to.
PROFIT MARGIN (EXPLANATION)
YOU [₦40,000 Portal Owner - Vendor] = Your customer upgrades with the same ₦40,000 package = The cost price [₦25,000] = Your profit [₦15,000]
YOU [₦60,000 Portal Owner - Vendor Pro] = Your customer upgrades with the ₦40,000 package = The cost price [₦22,000] = Your profit [₦18,000]
YOU [₦80,000 Portal Owner - Vendor ProMax] = Another customer upgrades with the ₦40,000 package = The cost price [₦20,000] = Your profit [₦20,000]
Affiliate Program
Our VTU Portal Creator offers a unique opportunity that allows affiliate marketers or anyone to promote your platform and earn commissions from you, same way you too can promote SubVPC and earn a recuring ₦7,000 commission from us, upon every successful vendor upgrade you referred.
Quick Note: This program is specific to vendor upgrades only. It's designed to promote and encourage fast upgrades on your Portal. The amount of money your affiliates will receive from you as commission is up to you, your preference. This monetary commission your affiliates will be earning from you is not cash and can only be used to make purchases or upgrades on your platform. The same is the case for anyone promoting SubVPC.
Now, you can create Advertisements recruiting people to spread the word about the system and every time someone upgrades through your platform, with the help of your affiliates, the software will build and provide them with their own platform in 3 minutes, too!
Your Profits From Vendors
Pure Profit [₦15k-20k]: Through your VTU Portal, this is the amount of money you'll cash out from every successful 'Vendor Upgrade' that goes straight to you (no anybody's invitation link). This is according to the default/standard selling price we've set for VTU Portals. The ₦15k to ₦20k profit range depends on the VTU Portal package the vendor chooses. (See the profit margin above 👆🏾).
Shared Profit: This is the amount of money you'll cash out after paying an affiliate for a successful lead. A successful lead refers to a vendor who creates their own VTU Portal through your platform. You determine the commission percentage you wish to pay your affiliates, e.g., 50%, 40%, or 70%.
Customizing Your Price: You have the flexibility to set your selling price for portal ownerships acquired through your platform. To adjust your profits, you can increase or reduce the selling price as desired. It's up to you.
Built-in Blog Section
Enhancing your Brand's online presence and identity with a Blog section on your Website, is a plus+ & plus+ for you.
I guess you've always wanted or needed a self-owned medium where you can promote unlimited offers, brainstorm ideas, write, and publish content (with visuals) that showcases your expertise and passion. If that's right, our solution literally ushers you into this avenue for free, alongside your VTU Portal, unlike many other providers. Your VTU website comes with a built-in blog section, which gives you an edge in your business. You will thrive through the power of content. Content, they say, is king.
Whether you wish to embed videos in your blog posts, add other forms of visuals, or include clickable links, our cutting-edge VTU Portal Creator has got you covered with all your publishing needs. Wise business people seize blogging as an opportunity to diversify their cash flow. Just as you can see, the article you're reading now is written right here in the blog section of the same website serving as a VTU Portal. Your Virtual Top-up Portal comes with exactly the same feature.
Having a blog section on your business website is a powerful tool that brings numerous benefits to your online presence. By creating a platform for sharing valuable content, you can establish yourself as an authority in your industry, showcasing your knowledge and expertise to potential customers. This, in turn, can help build trust and credibility with your target audience, making them more likely to engage with your business.
One of the key advantages of a blog section is its ability to improve your website's search engine optimization (SEO). By publishing high-quality content, you can increase your website's visibility on search engines (Google, Bing, etc.) and consistency with search results, driving organic traffic to your site and attracting new visitors. This is especially beneficial for businesses looking to expand their online reach and attract new customers.
A blog section also provides a platform for engaging and educating your audience. By sharing valuable insights, industry news, and expert advice, you can help your target audience solve problems, answer questions, and make informed decisions. This can help build a loyal following, support customer retention, and establish your business as a trusted resource in your industry.
A blog section supports your overall content marketing strategy and drive lead generation and conversion. By sharing your content across social media channels, you will reach a wider audience and drive traffic to your website, attracting potential customers and encouraging them to take action. Leads are moved through the sales funnel and ultimately drive growth and success for your business.
As an opportunity to share your passion, expertise, and other products/services with your audience, having a blog section can be a game-changer for any business website. Blogging is writing about topics that genuinely interest you, at the same time showcasing your knowledge and authority, as well as building a community around your business, attracting like-minded individuals who share your values and interests.
The best part is that writing for a blog section can be a fun and creative outlet, allowing you to experiment with different formats, styles, and topics to find what works best for you and your audience. Many successful VTU businesses have seen significant growth and engagement through their blog sections. You too can join their ranks and reap the same benefits of increased engagement, authority, and growth by taking the first step.
In subsequent sections, we will discuss some effective marketing strategies for your website. Stay tuned!
Don't Have Money to Get Your VTU Portal?
No worries! You too can promote SubVPC using your personal invite link and earn a recurring ₦7,000 commission from us upon every successful 'Vendor Upgrade' referred by you. Every commission you make from SubVPC will reflect on your dashboard — you can go ahead and acquire your VTU Portal using the funds afterward, once it reaches the amount needed.
Here's the math: ₦7,000 × 6 = ₦42,000. Help 6 entrepreneurs succeed by inviting them to build their own VTU Portals with SubVPC (in 3 minutes), and you're good to go... owning yours too without spending a dime!
To get started with inviting others to own their portals, kindly log in or register, then click 'Refer & Earn'. You'll get your unique affiliate link to spread the word and get rewarded.
Why You May Want to Venture Into The VTU/Telecom Industry Now
The Virtual Top-up (VTU) industry in Nigeria has experienced significant growth, driven by the country's large population and increasing demand for mobile phone services and other Value-Added Services (VAS). It's expected to continue growing due to this reason and advancements in technology, such as blockchain and AI.
Financial Inclusion
VTU platforms play a crucial role in promoting financial inclusion in Nigeria, particularly in rural areas where traditional banking infrastructure is limited. VTU platforms provide cost-effective services, empower entrepreneurs, and offer opportunities for women and small-scale businesses.
Future Prospects
Talking about this, the future of VTU in Nigeria looks promising, with potential for further growth and innovation. Personalization, blockchain, and smart devices are expected to shape the industry's future. Investing in VTU technology and partnering with reliable sources can provide significant opportunities for entrepreneurs and investors.
Logical Benefit
Owning a VTU platform means getting your share of the billion-dollar telecom/fintech industry, as you'll always get paid when others purchase services from your portal. It also means getting cashbacks for purchasing these services yourself (airtime, data bundles, cable TV subscriptions, bill payments, etc.), which literally cuts down your expenditures for these services. This is simple logic and good business acumen.
Target Market
200M+ mobile users in Nigeria. This includes youths, SMEs, resellers, and underserved communities.
Problem Solving
At SubVPC, we solve the problem of complex and costly VTU business setup process, and the lack of accessible tech infrastructure for resellers or Vendors. Owning a full-suit VTU portal from us means you're solving the same problem.
Providing Solution
Plug-and-play VTU platform. White-labeled, zero-integration business tools.
Brief Case Study
Quickteller is one of the most successful bill payment platforms, handling over ₦3 billion monthly in VTU transactions, with only a reported 5% commission retention on airtime and bill payments transactions. By providing VTU services, Quickteller has also been able to expand its range of services.
Billpoint is yet another popular online payment platform offering Virtual Top-Up (VTU) services. The portal is owned by Linus Williams Ifejika, also known as Blord, who is the founder of B-Lord Group of Company, alongside its subsidiaries. Linus is a young cryptocurrency entrepreneur from Anambra State, Nigeria. Before venturing into VTU, Linus had been successful in trading cryptocurrency for others, earning roughly $10,000 per month in commissions. However, after being introduced to this lucrative Virtual Top-up business model, he decided to diversify his business by venturing into the VTU industry.
Taking the advice, Linus created Billpoint, which was reportedly his first startup under the B-Lord conglomerate and has since become one of the top-rising VTU portals in Nigeria. In a short period, the platform has transacted over 5 billion naira and was valued at 40 million dollars at a summit in Dublin.
Blord (Linus Williams Ifejika) was born on March 14, 1998. Hope Recent (God'sbattle Hope Obikah) was born on October 26, 1995. That means I'm about 2 years and 4 months older than this dude, Blord. Oh boy! 😎
Little Recap
Since the future of Virtual Top-Up is bright, driven by innovations, investors are actively capitalizing on this growing market, and opportunities abound for all vendors across diverse categories (entrepreneurs, hybrid & digital marketers, startups, SMEs, etc.), as well as more savvy investors coming in.
At SubVPC, we're revolutionizing the entire process by allowing you to own a VTU portal in just 3 minutes and start selling on the same day - no integrations, no startup capital required!
Login or register, and click 'Upgrade' to unlock your VTU portal today! 🔐
WRAPPING UP
This information about the Virtual Top-up business model, plus the brief statistics and success stories that follow, serves as an inspiration to young entrepreneurs, investors, and business owners, demonstrating the potential for innovation, as well as the popularity and growth of the VTU industry.
At Hσρᴇ Rᴇcᴇηt™ Magnates, providing advanced digital and business transformation solutions is one of our key focus areas and core reasons for our emergence. SubVPC (sub.vpc.ng) is a perfect example of this excellence, with its powerful solution for SMEs, startups, entrepreneurs, and more.
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