Calling card business was once a thriving business. Many companies, retailers, resellers earned a livelihood from this business model. Nowadays, this business model is losing its sheen. Many people reason the downfall to the growing smartphone usage, availability of cheaper internet. In fact, it is true in a number of cases. But another important reason we believe is NOT changing the business model to sync with the technological changes. In this blog post, we shall discuss how one can use the growing smartphone usage and the cheaper internet to diversify the VoIP business and keep up the revenues balanced or go up! Continue reading
In this highly structured post we will cover the Calling Card Business Model, which is based on the Business Process Canvas and Lean Canvas. This business model describes the scenario where calling cards are printed and sold somewhere other than the internet (mostly directly, in local communities).
Starting a calling card business is not difficult, and it offers a great opportunity for VoIP newcomers. The world of communications has rapidly changed over the past years, and the use of calling cards has increased in popularity with users who want to use telecommunication options that don’t require an internet connection. A VoIP infrastructure is made up of both hardware and software. Here’s a brief guide focusing on the technical elements you’ll need to start such a business.
The calling card business is one of the most common business models in the VoIP industry. The center of the business model involves creatively segmenting customers according to various demographic or behavioral characteristics and developing calling card offerings to satisfy their specific calling needs. Though this is a suitable business venture for anyone, the calling card business typically attracts entrepreneurs who want to enter the VoIP market, businesses with established retail distribution channels, and service providers who want to diversify their revenue streams.
Let’s talk about the best-kept secret in the calling card business. Many people have wondered how to build a successful calling card business in tough economic times. Every company—and I do mean every company—uses a specific key tactic to maximize their profits and grow their business. Competing in a tough industry against large phone companies, cellphones, and popular technology requires the use of certain strategic fees, which are listed below.
The easiest and very profitable way to start a calling card business is to resell prepaid, PINless calling cards.