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FreeBusinessContent.net » Business » Premium Rate Sms Text - Great Messaging Services For Sellers
Article Source: FreeBusinessContent.net
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Premium Rate Sms Text - Great Messaging Services For Sellers
Author: DavidSmythe
Total views: 134
Word Count: 514
This article will detail all about Premium Rate SMS services and how this service can be useful for enhancing business. Furthermore the article addresses the setup procedure and how to run 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.
There are many companies which offer Premium Rate SMS platforms to help you get a headstart in the business. Once you have your structure ready you can immediately start off. The working of Premium Rate SMS is also simple. The consumer keys in a keyword to a 5 digit short code. The SMS server responds by sending an automated message and the user is charged upto 5 per message.
There are various different services that can be offered by using this service. Some of the more common ones are generating response from advertising and promotions, paid for text to win competitions, newsletters, betting tips, financial informations, sales information, 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.
The time to setup a new account may be as less as 24 hours. Once you have the application ready you are in business. With effective advertising you can start earning revenues within a very short time. Your services need to be registered with ICSTIS which is the regulatory body for Premium Rate Services in the UK.
The estimated revenues that can be generated within the first year of business can be as 52000 per annum. The estimation has been done considering you have a subscriber base of 40 customers at an average of 6 messages daily where you are getting .60 per message. This is definitely good money for the investment that it entails.
Article Source: FreeBusinessContent.net
About the Author
It's a fact. You can make money in your sleep with premium rate numbers and premium rate lines. Earning money has never been this easy. Earn fat residual income checks from premium rate numbers and premium rate lines. Visit Premium Rate Telecom now to start your service.
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