Earn Money From A Premium Rate Number-an Easy Way To Become Rich
View PDF | Print View
by: DavidSmythe
Total views: 40
Word Count: 480
This article explains how you can make money by using premium rate number services. It provides tips on how to promote your services fast and how to start generating revenues quickly. For years, service operators have used Premium Rate number services to offer specialized service to consumers to generate revenue.
In the United Kingdom there are many service providers who offer premium rate number services and charge per minute for the services used. The service operators can charge up to 1.50 per minute for the services used.
How can you earn money from Premium Rate Number services? First decide on the type of service you want to offer customers. Choose from a wide variety -- anything from horoscopes to horse racing tips, from joke lines to adult recorded stories. Other services that have a good chance of attracting customers include virtual chat lines, technical support for hardware and software, and many more.
Important: verify the contents of your services before offering them to the public. Otherwise ICSTIS, which polices the regulations that govern premium rate services, may start an investigation against you, if they feel your content violates any of these regulations.
OK, let's discuss earning potential. Potential earnings from premium rate services are substantial. Provided you offer quality services, you may earn up to 120 per day. It is possible to make 5.5 per call with a recorded story line that pays 0.85 per day (average holding time of 6.5 minutes).
On average if a service receives 30 calls per day, the earning potential is 165.75, or 60000 a year. Considering the time and effort that you need to give to the business, this can make you very comfortable.
Consider Premium Rate SMS services. Here the earning potential is even greater. With this type of service, when a customer asks, messages are sent at intervals until the point when the customer sends a stop message. Let us say that the service charges 0.60 per message. At 6 messages sent a day to one customer, you will earn 3.60 per day per customer.
A subscriber base of 30 customers generates up to 108 per day, or approximately 39000 annually. This may appear to be less compared with the Premium Rate Call service statistics mentioned above. However, the popularity of messaging services can generate more revenue than call services.
You need to advertise your services effectively to build a successful Premium Rate Number business and print media has been the proven medium. The advertisements are costly but do give more return on the investments made.
Websites, too, are proving to be effective, cost effective media to advertise your services. If you advertise your services on a high traffic website, chances are that your Premium Rate services will become popular in a short time. Conducting thorough market research is essential before you start Premium Rate Number services. Otherwise your business will most likely die quickly, like too many other small businesses.
About the Author
It's true. You can make money while you sleep with premium rate numbers and premium rate lines. Making money has never been this easy. Earn huge residual income checks from premium rate numbers and premium rate lines. Visit Premium Rate Telecom now to start your service.
Rating: Not yet rated