Wireless Master Agent - Getting Paid!
Are you looking to become a
wireless master agent? With the right motivation and
knowledge, although it certainly won't be easy, you can succeed!
How do I get paid?
There
are different ways a wireless mater agent can get compensated,
which can depend on where in the
chain you are, the size of your business, as well as the policies and
practices of different prepaid wireless providers.
- Phones/Handsets
- Wholesale
- You'll buy the phone at a discount from the prepaid provider or
someone above you in the distribution chain. This is often
referred
to as a margin model.
- Spiff
- You'll usually get paid for each phone you activate.
Most
relevant
to the store level. Note that sometimes a margin and a spiff
will
apply. Sometimes the spiff can also be shared by different
levels within the chain, or be used solely as a sales representative
incentive.
- Airtime/Replenishment/Topup
- Similar
to the wholesale model, you'll get a margin for each replenishment
sale. Note that some prepaid providers will pay different
amounts
for different products. For example, you might get paid less
for
ePIN sales than for Real Time Replenishment (RTR) sales.
Airtime
margins are usually shared between the different distribution levels,
and mostly depends on the nature of your relationships. Given
the overall squeeze of margins, the dealer network has flattened to
enable appropriate margins. Too many layers result in margins
that are too small to make it worthwhile.
Want to Sell Online?
After
reading about becoming a cell phone distributor, some people will be
excited about the opportunity, and feel that with the right motivation,
you can be successful. However, some people will come to the
conclusion that you don't want to worry about the hassle of dealing
with a brick and mortar business, and the often complex
relationship management and operations that are needed. But
you
still want to sell prepaid wireless phones and prepaid wireless airtime
online!
The good news is that you can actually be an online
wireless master agent using only basic relationships; i.e. no
headaches! With no lead time, and minimal to no out-of-pocket
cost, you can
easily sell online. You'll basically put affiliate links or
banners on your website, and when people click over and complete a
purchase, you'll get paid a commission. Once your business gets bigger,
and you want to invest some money, you can integrate these services
right into your website, so visitors (i.e. potential customers) never
leave your site.
While there are a number of options available to you, one
that I
like because it offers access to virtually every prepaid provider is
PrepaidOnline.
Once you click over, you can signup to become a distributor
or
reseller. As I said, there are other options for selling
airtime
and handsets; this is just one example.
Important Note! Although
I
say that selling online is simple and easy, there's
one important thing to keep in mind. That is, that you need
traffic to your site! You can easily signup to be an online
wireless master agent, and even pay extra to have direct integration
into your site, however, if you don't have traffic to your site, you're
not going to sell much, or anything at all! Starting a new
site
is like opening a
store in the middle of the desert where there are no roads and no one
is
driving by! In other words, the hard part is building a
website
that generates organic (i.e. free) traffic from the search engines (ex.
Google,
Yahoo!, Bing). That's where all of the brains and work come
in.
So, while selling online will replace the headache of the
physical operations that a wireless master agent has to deal with,
those are replaced by new ones of building a successful online
business. Also note that online commissions and margins,
particularly for airtime, are often much lower than those who have
physical stores and direct relationships with larger master
distributors. To read more about my story, and the
tools I
use to build free traffic to this site, please feel free to visit the
About
page.
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