Premium Rate Sms Text - Fantastic Messaging Services For Sellers
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by: DavidSmythe
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This article includes just about everything you need to know regarding Premium Rate SMS services. It highlights how this service can be used to improve business and looks at the set-up procedure. Finally you will also discover how to operate a successful Premium Rate SMS service.
All of us have gotten messages on our mobile phones indicating we have the opportunity to win exciting prizes if we participate in a quiz. After we answer the questions, the messages are charged to our next month's phone bill. This service is known as Premium Rate SMS service. Revenue is shared by the operator and the service provider. This example is called reverse billing. Here the SMS is sent using a short code.
A premium Rate SMS service is useful to companies who want to provide customers with a simple way to contact them. Customers communicate with you in order to solve their problems using this short code. You determine how much you want to charge customers. Now let's move on to a short "how to" on how to setup a Premium Rate SMS service.
To assist you in getting a headstart in the business, many companies offer Premium Rate SMS platforms. You can start immediately once your structure is ready. Operating a Premium Rate SMS is actually simple. The customer first enters a keyword to a 5 digit short code; subsequently, the SMS server responds by sending an automated message. Customer charges are limited to 5 per message or less.
Various different services can be offered through this service. They include generating response from advertising and promotions, newsletters, paid for text to win competitions, financial and sales information, betting tips, voting, dating services, and lottery numbers.
It is wise to be careful about the revenue-sharing agreement that you have with your operator. Make sure you are in a win-win situation. Before you start your services, compare prices and services with at least a couple of them before signing up with anyone. This gives you an idea of the support services and common revenue-sharing models. It will also help you get the best deal.
Some operators are eager to sign you up for a minimum one-year contract. Remember, however, that one year is considerable when it comes to Premium Rate SMS service. It is best to always have the option to terminate the contract within a 3 month period.
To set up a new account usually requires less than 24 hours. You are in business once you have the application ready. With effectual advertising, you can start quickly earning revenues. Remember to register your services with ICSTIS, the UK's regulatory body for Premium Rate Services.
In your first year in business, it is very possible to generate up to 52000 per year. This is based on an average of 6 messages daily at .60 per message and a subscriber base of 40 customers. This is definitely good money for your investment.
About the Author
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