Starting a traffic termination business, most entrepreneurs will inevitably make common mistakes. This is not surprising, because this sphere is quite complicated, if not specific. Before you invest, you should arm yourself with knowledge about the intricacies of doing business in the telecommunications sector, which will help you avoid unpleasant errors.
We have compiled for you a list of common errors terminators make when starting a startup.
ERROR #1: Not seeking technical support
Even the most successful business-projects in the telecommunications sector may quickly fail if you do not seek the qualified technical support in advance. Doing VoIP business as any other, it is important to be able at any time to turn to a professional who quickly solve any technical problem. The equipment you purchased will require periodic maintenance and, if there are faults, your business will be going nowhere. Since the GSM termination requires you make money every minute, do not neglect the help of good technicians.
ERROR #2: Spending too much money
By investing money in one or another startup, you need to do it wisely. Too much spending is not always feasible - you have to think of how fast you can have the investment paid off. If you do not think this point over, you can remain at a loss. For example, if you want to terminate in the region with the modest volume of international traffic and low voip termination rates, you should not immediately buy dozens of multichannel gateways and several SIM-banks. For a start, a couple of 4-8-port devices will be enough.
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ERROR #3: It is not practical to save money
The error is the flip side of the previous. Some businessmen, on the other hand, are too stingy in business, and it limits them. If you want to earn a lot, you need to invest in the purchase of equipment, professional software, etc. Of course, it is worth remembering the common sense (see error #2).
ERROR #4: Not providing protection against the SIM-block
It is known that in some countries antifraud systems operate in a rigid mode and have the SIM-card blocked within 2-5 hours after activation. If you do not protect your cards, you will have to spend all your money on the purchase of new ones, and the profit will be close to zero. In the first stage of business, it is important to have the professional software, with which you can efficiently simulate the behavior of a real phone in GSM networks. For example, GoAntiFraud provides proven tools to minimize blocking of SIM-cards when you do termination.
ERROR #5: Not optimizing the services
Any business, even if it brings a huge profit in the early stages, should be developed. To achieve good results, you need to improve your service. As for VoIP termination, your income depends directly on the quality of communication, which is provided by your route. The higher ACD and ASR performance (the average duration of calls, the ratio of successful to unsuccessful calls), - the greater demand for the route will be. Therefore, it is necessary to invest money and efforts to improve the services that you sell.
Now you are armed with useful knowledge and are ready to start a successful GSM termination business.
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