Biz Idea: Consolidating Used Prepaid Calling Cards(a .6 billion dollar industry)
09-23-2013, 03:31 PM
Quote: (09-23-2013 08:15 AM)Nemencine Wrote:
anyways, solid job, calculus. Thanks for a solid constructive criticism. You've earned yourself a +1 vouch. I like stuff like this...comments that points out my blindspots
No problem man, I like these mental puzzles because, like you, I too am trying to stack enough chips to flee to poosy paradise for good. Also, thanks for my first rep point.
Some of the other ideas you've posted are interesting. I think you're on the right track, anyway.
The only way I can think of to get the cooperation of a service provider (SP) is this:
Let's say you somehow acquire 20,000 of these cards with $.50 on them. Those cards represent $10,000 pure profit in SP's pocket. Now, let's say you have a robo-caller that can burn through the credits left in these cards automatically. How much of SP's profit would that eat up? Let's say his cost is 50%. So now, you've taken $5,000 out of his pocket.
So, instead of doing this, you offer to surrender these cards to SP in exchange for part of the value, say $2,500. So you both make $2,500.
Now you just have to figure out how to get $10K worth of cards for less than $2,500. Maybe have some app or game that gives people in-game trinkets in exchange for their old cards.
Clearly, this is a long-shot.