Everyone wants success in their life. One of the ways to succeed in life is to build a business or trade. A business that does not require large capital and has stock without expiration is a credit business.
Although it looks trivial, this business is actually profitable because the seller does not need to bother storing stock and does not need to bring it when the promotion.
The main capital needed in this business is just a cellphone that is ready to be online for 24 hours.
Pulse business can also provide high turnover if you know the success tips.
Find A Quality Distributor
the first thing you need to do in running a credit business is to find the best distributor.
Before you make sure you choose to become an agent, survey first how the quality of service of the distributor. Choose a distributor that can send pulses in a short time and does not often occur interference.
You also need to consider what types of credit they offer, whether only to top up regular credit or can also fill data packages, and electricity tokens.
In addition, you also need to consider how to complain, respond, and how to resolve it.
The last is the pulse price from the distributor you can sell again or not.
Set Price
After you get the best pulse distributor, the next tip is to set the selling price.
The determination of the selling price can be based on the purchase price, the costs required, the profit you want and the market price comparison.
It doesn’t matter if the price you set is cheaper than the competitor’s price as long as you get the appropriate profit.
You can also choose a more expensive price as long as you are able to provide excellent service to customers.
Focus on sales
Still related to pricing, the number of transactions also determines the amount of your profit.
Let’s say you set a margin of Rp800 per transaction, and then you manage to make 100 transactions per day.
Then the monthly income is Rp800 x 100 x 30. The Result Is Rp2, 300, 000. So, it is better for you to sell credit with a small nominal but many transactions, rather than a large nominal but few transactions.
In order to attract the attention of customers by holding promotions through various media such as social media.
Don’t Run Out
Although in the Pulse business there is no need to bother to calculate the stock of goods, you still have to pay attention to the balance you have.
The point is, don’t run out, estimate the minimum balance you must have to make the next deposit.
Don’t disappoint your customers by waiting. Always check the remaining deposit balance and use mobile banking for easy deposit replenishment without having to come to the distributor so that business runs efficiently.
Mobile Always Online
Many people need a pulse at night. Therefore, you must have a mobile phone that is always ready to be online whenever needed to meet customer needs.
If you cannot serve at night, try to have employees or partners ready for night vigils.
To serve buyers at night, you need to be careful if purchases are not made directly over the counter because credit purchases cannot be paid directly.
You can only sell it to trusted and obvious customers so that it will not suffer losses.
Provide The Best Service
Service in the Pulse business does vary. Starting from your attitude when receiving buyers to service when interruptions occur such as late pulses or failed entry.
Always serve their buyers with a friendly tone and be patient in your every service.
Although you have to provide the best service, but you also have to behave carefully.
Financial Management
ips in the main credit business is a matter of financial management.
Every time you make a transaction, record the transaction clearly.
Each record must contain details of the transaction date, transaction number, buyer’s name, remaining balance and information has been paid or not.
If it is not paid then it should be clear also when the payment. Thus you can easily see how much balance you still have.
If your credit business is large and becomes a credit counter that also sells various accessories you need to make a detailed bookkeeping.
The bookkeeper should be able to show the amount of stock of each item you have.
In addition, you must also have a record of how much capital, current assets and not, how much debt and receivables. This bookkeeping is a little complicated, but your finances can be managed well and neatly.
