Thursday, October 22, 2020

ANALYSIS OF THE TELECOM INDUSTRY

 ANALYSIS OF THE TELECOMS INDUSTRY

🎯We are about 200 million people in Nigeria 

🎯But NCC says there are 250 Million Active Sim Cards In this country. I believe we all know why?

 Nigerians have more than one SIM CARD

🎯Do you know that about 3 million Nigerians recharge their phones every one hour.

🎯Do you know that we spend 14 Billion Naira every day just recharging our phones

🎯Do you also know that you and I, spend 446 Billion Naira recharging our phones in a month 

🎯Can you imagine that, the inflow investment in our Telecoms industry in a year is 21.4 Trillion Naira.


And we say there is no money in this country. 

NCC says Nigerians spend more money on TELECOMS than on HEALTH and Food 

The Big Question we should be asking ourselves is 

 How much of this money comes back to you?

THIS IS WHAT BANKS SAW AND THEY QUICKLY JUMP INTO SELLING OF TELECOMMUNICATION PRODUCTS

Products like airtime, data, cable TV and bill payment.

Banks now Market Telecommunication products more than their core financial products.

After using the ATM they will notify you wether you want to recharge your phone or not, this are strategies they use to sell their products

You receive SMS from bank advising you to buy airtime and Data more than other Bank PRODUCTS.

Now, why do you think they are marketing this business crazily, this is because they make huge money from it.

Join RAGP today and start earning from your daily, weekly and monthly recharges/subscriptions.


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