January 2, 2008

Premium Rate Sms Text - Fantastic Messaging Services For Sellers

by David Smythe

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 often get a message in our mobile phones saying that there are exciting prizes if we can answer the quiz. Once we answer the questions the messages get billed to our phone bill for the next month. This service is known as Premium Rate SMS service and the revenue generated is shared by the service provider and the operator. The example mentioned is known as reverse billing. The SMS is sent using a short code.

Premium Rate SMS service is helpful to companies that want to give customers a simple way to contact them. Customers contact you using this short code to resolve their issues. And you determine how much you want to charge your customers. Let's move on to 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.

Different services can be offered through this service, including paid for tet to win competitions, generating response from advertising and promotions, newsletters, financial and sales information, voting, betting tips, 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.

It usually requires less than 24 hours to set up a new account, and once you have the application ready, you are in business. With effective advertising, you will start quickly to earn revenue. Don't forget to register your services with ICSTIS, the UK's regulatory body for Premium Rate Services. This is very important.

It is possible to generate up to 52000 per year in the first year of business. This takes into consideration a subscriber base of 40 customers with an average of 6 messages daily at .60 per message. For the investment, this is definitely good money!

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Filed under Business and Society by David Smythe

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