INTRODUCTION
Let me start by explaining what Gsm Short Code is all about.GSM SHORT CODE is a system design by some smart guys to get GSM subscribers contributes money to them.Imagine over 75 million GSM subscribers sending you money,like N50 or N100 each.Gosh! Nothing beats this kind of money makimg.yes,that means the short code numbers have the power to collect money for you from subscribers that sends text message to it.short code are unique phone numbers assigned by VAS service providers to interested enterpreneurs for the purpose of offering value added service(VAS) to millions of GSM subscribers across the country. The service from the phone credit of the GSM subscriber that responds to it either by text or through call.And these money deducted are then shared between the GSM operators,VAS provider and the smart entrepreneur that operates the short code service,according to the approved sharing formula.
UNDERSTANDING HOW THE SHORT CODE WORKS
This is the most important aspect of the business. You must have a good knowledge of text messaging business model.The short code business works on a shared-code basis,which means that the same short code would be issued to many people including you.And all of you will be assigned to a keyword each.The keywords are what differentiate each of you from the shared-code.So,when you don't know you can make the mistake of promoting just the short code without the keyword as your primary address in the short code network.for instance,if you are sharing a short code number 24689,you will be assigned a keyword like "FORMAT". So you are to promote the key word "FORMAT" like this(text the word "FORMAT" to 24689). All the message sent to the keyword "FORMAT" would be credited to your account.That is your primary address in the short code service.For the money,you get paid based on the sharing formula of the particular GSM operator.Each of the operators has their own seperate sharing formula.
Start up requirements
I want to believe
you are computer/Internet literate. You need to be. This business
is beyond knowing how to press your GSM phone. That means
you need to have a computer and internet access.
The reason for the internet is so that you can monitor the number
of text messages sent to your key word.
Apart from the internet you also need to have some money for
both acquiring the short code service and promoting your sharedcode
keyword. A keyword cost up to N150,000 depending. And
it’s a one-time payment. But some VAS providers require that
you also pay in addition to the set up fee a monthly rental fee of
between N5,500 depending, but you pay 3 months rental fee,
which makes it N155,500 and plus N15,000 setup fee, it cost
total of N170,500 to setup the first time. But remember, a good
short code business you should cover that investment within the
first month of setting up your short code service.
Choosing a VAS (value Added
service) provider: When starting your own short code
business, choosing the right VAS provider is one critical decision
you must make rightly. I want you to know that not all VAS
providers are sincere. Some of them might try to cheat you. One
way through which you can be cheated easily is when you don’t
have access to their server where all the text messages goes to.
Any good VAS provider should provide you with online statement
to view text messages sent to your keyword address sent to your
email. That would help you avoid being cheated and help you to
also know when your short code business is doing well or not.
Also, for the sharing formula and cost of short code the GSM
operators usually take 60 to 75 percent of the money in most
cases, the VAS providers would always lie about the real sharing
formula. Anyway, don’t let that bother you. If I were you, the
only thing that should be on my mind is how to get my own short
code business running, after all, the money is FREE money from
GSM subscribers. So take whatever you get. But don’t fail to take
advantage of the opportunity now.But i have good news for you guys,you can start your own Gsm short code for free.just post a comment if interest.
Marketing & Promoting Your Short Code
Service
This is actually where you win or lose in short code business. Its
how many texts you received that determines how much you can
get. The more people that know about your short code service
the more money you can make. For example, if you are offering
free scholarship to university students and you request for entries
using a short code. You need to promote the service to your
target audience.
