RECHARGE CARD BUSINESS

PLAN

Powered by Lucreatia Technologies

 RECHARGE CARD BUSINESS REQUIREMENTS

• Start-up Capital

• Smartphone/Laptop

• VTU License Portal

Thermal Bluetooth Printer
• Thermal Bluetooth Printer

• Thermal Audit Roll (Paper)

Thermal Audit Roll (paper)

 Package Price Discount
e-Pin Discount

Discovery Pack ₦5,000 1%

Coral Pack ₦10,000 1.5%

Emerald Pack ₦20,000 2%

Sapphire Pack ₦30,000 3%

 Discovery Pack
Percentage Discount: is the profit made assuming if ₦100 airtime e-Pin is printed and sold for
₦100.
Profit Analysis

Take note that this calculation used ₦100 pin and ₦20,000 capital for airtime printing.

• Upgrade fee = ₦5,000

• Percentage discount = 1%
• Let’s say you have a capital of ₦20,000 and you wish to spend this amount on printing
₦100 pins.
• For each pin, you’ll be charged ₦99.

• For ₦20,000 you’ll be able to print 202 pins which will amount to ₦19,998.00 for this
number of pins, you’ll make a profit of ₦202.00.
 Coral Pack
Percentage Discount: is the profit made assuming if ₦100 airtime e-Pin is printed and
sold for ₦100.
Profit Analysis

Take note that this calculation used ₦100 pin and ₦20,000 capital for airtime printing.
• Upgrade fee = ₦10,000
• Percentage discount = 1.5%
• Let’s say you have a capital of ₦20,000 and you wish to spend this amount on printing
₦100 pins.
• For each pin, you’ll be charged ₦98.5.

• For ₦20,000 you’ll be able to print 203 pins which will amount to ₦19,995.50 for this
number of pins, you’ll make a profit of ₦304.50.
 Emerald Pack
Percentage Discount: is the profit made assuming if ₦100 airtime e-Pin is printed and
sold for ₦100.
Profit Analysis

Take note that this calculation used ₦100 pin and ₦20,000 capital for airtime printing.
• Upgrade fee = ₦20,000
• Percentage discount = 2%
• Let’s say you have a capital of ₦20,000 and you wish to spend this amount on printing
₦100 pins.
• For each pin, you’ll be charged ₦98.

• For ₦20,000 you’ll be able to print 204 pins which will amount to ₦19,992.00 for this
number of pins, you’ll make a profit of ₦408.00.
 Sapphire Pack
Percentage Discount: is the profit made assuming if ₦100 airtime e-Pin is printed and sold for
₦100.
Profit Analysis

Take note that this calculation used ₦100 pin and ₦20,000 capital for airtime printing.
• Upgrade fee = ₦30,000
• Percentage discount = 3%
• Let’s say you have a capital of ₦20,000 and you wish to spend this amount on printing
₦100 pins.
• For each pin, you’ll be charged ₦97.

• For ₦20,000 you’ll be able to print 206 pins which will amount to ₦19,982 for this
number of pins, you’ll make a profit of ₦618.
 TAKE NOTE
Generally, for whatever package you are on and start-up capital you wish to print with, an
easy way to calculate your profit, is to divide the percentage discount by 100 and multiply
by the capital you wish to use for printing. Like this;

• If discount is 3%, Profit is 3/100 × 20,000 = ₦600

• If discount is 2%, Profit is 2/100 × 20,000 = ₦400

• if discount is 1.5%, Profit is 1.5/100 × 20,000 = ₦300

• if discount is 1%, Profit is 1/100 × 20,000 = ₦200

This will not give you the exact profit but will give you a very close estimate to the exact
profit.
 IMPORTANCE OF START-UP CAPITAL
• For every business, capital is a major determining factor of the profit generated, how much you use to
start the business, determines how much profit you will get. This also applies to recharge card printing
business.
• Assuming we use a start-up capital of ₦50,000, and ₦100,000.

Start-up Capital ₦50,000 Start-up Capital 100,000

• If discount is 5%, Profit is 5/100 × 50,000 = ₦2,500 • If discount is 5%, Profit is 5/100 × 100,000 = ₦5,000
• If discount is 4%, Profit is 4/100 × 50,000 = ₦2,000 • If discount is 4%, Profit is 4/100 × 100,000 = ₦4,000
• If discount is 3%, Profit is 3/100 × 50,000 = ₦1,500 • If discount is 3%, Profit is 3/100 × 100,000 = ₦3,000
• If discount is 2.5%, Profit is 2.5/100 × 50,000 = ₦1,250 • If discount is 2.5%, Profit is 2.5/100 × 100,000 = ₦2,500
• If discount is 2%, Profit is 2/100 × 50,000 = ₦1,000 • If discount is 2%, Profit is 2/100 × 100,000 = ₦2,000
• if discount is 1.5%, Profit is 1.5/100 × 50,000 = ₦750 • if discount is 1.5%, Profit is 1.5/100 × 100,000 = ₦1,500
• if discount is 1%, Profit is 1/100 × 50,000 = ₦500 • if discount is 1%, Profit is 1/100 × 100,000 = ₦1,000
 Recharge Card Printing Frequency Chart
3500

3000
IMPORTANCE OF SALES

2500

2000
Profit
FREQUENCY

1500

1000

500

0
200 300 400 500 600 700 800 900 1000
Pins generated

Percenatge Discount 3% Percenatge Discount 2% Percenatge Discount 1.50% Percenatge Discount 1%

The amount of profit you make depends on how frequently you make sales, so you should always
target to sell as much pins as possible.
 WHY JOIN RECHARGE CARD PRINTING
BUSINESS?

• It helps to build your existing business customer base: recharge card business is

not a seasonal business and is a highly consumed product by everyone, regardless of

who they are, so adding recharge card printing to your already existing business will

help you boost your customer base. As people who need recharge cards come to your

shop/office to buy, they tend to buy other products and this will boost your sales, and

subsequently adding to your income.

TIPS TO ATTAIN SUCCESS IN RECHARGE CARD BUSINESS

• Take time to build your customer base; having a good customer base helps you grow
your profit as you will make more sales.
• It is important to know that the profit you make depends on your start-up capital so don’t
pressure yourself if you are not able to make much profit at the beginning of the
business as with time the profit you make will surely increase.
• Always try as much as possible to sell as many pins as possible.
• Don’t limit yourself to only printing and selling recharge card as you can always be an
agent who can train others on how to start the recharge card business and this will
enable you earn extra income.
Powered by Lucreatia Technologies