Sep 26, 2012
Last week, September 15, 2012, Saturday after sunset, I visited my cousin living in Makati City, Philippines near Cash n Carry mall; let’s call her Ada (not her real name). As we were having our conversation regarding ways to generate revenue to cover credit card debts and purchases, she tipped me about the prepaid load station business.
My cousin noticed that a lot of shoppers from the mall are waiting from a very long cue just to buy either airtime load or prepaid cards. We realize that this (prepaid load station) could be one most affordable business to start-up with combined skills in customer relations and financial background. After our conversation we decided to spy. Before I left, from Makati to Paranaque, we decided to make a feasibility study regarding the prepaid load station.
During the phase of my research, I found MegaFon Kard in an internet offering a franchising business, the exact business that we are looking for. I called their office but they informed me that they had disengage their franchising activity. I was dismayed for the result. However back to the feasibility study stage, I called the telecom companies regarding the product inventory prices but I received unclear information since it was unknown for the customer service in phone and in store with regards to the prepaid load retailing. Currently, our feasibility study was still in-progress and hoping for its release by the first week of October 2012.
To prove to all that we were experienced in customer service and in sales, here’s our background
Me:
- Smart E-load retailer during college years (nagtitinda ng load)
- Mobile sari-sari store entrepreneur during college (naglalako ng chichiria)
- Currently a VMobile Technopreneur (nag-level-up na)
- Previously an Accounting analyst and currently an Associate Auditor (medyo seryoso na)
Ada (my cousin)
- Family own Sari-sari store sales associate (tagabantay sa tindahan)
- Restaurant crew for 2-3 years (level up na rin)
- Currently an IT auditor (seryoso na yan)
Sounds funny but true.
To send a letter is a good way to go somewhere without moving anything but your heart.Phyllis Theroux
Categories: Choose PH, Globe, Philippines, Prepaid load, Sari-sari store, smart, Social Media, Stored-value card
Posted on Wednesday, September 26, 2012 by Unknown
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Hi Mr. Neil, We are working on a case study similar to yours. May we please request for a copy of your feasibility study, so that we can use it as one of our review of related literature. Thank You.
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