I went to [tag]Sms seminar[/tag] organized by [tag]Global Surf Sdn. Bhd[/tag]. It’s not a free seminar. It’s Rm 180 but it well worth it because you get breakfast, lunch (buffet lunch) and tea break.
There are 3 parts to the seminars. The first part is called Reverse Billing. It’s for those whose has some brilliant content idea and you don’t want to build the infrastructure from scratch. You can ride on their platform because that will lower your cost of entry into the market. But they will take a cut on the profit.
If you ride on their platform, you probably have to fork out Rm 20,000 to 30,000. If you build from scratch, it’s cost about Rm 200,000 and take 6 months to 1 years (2 to 3 months to get MCMC license, 3 to 6 months for telcos to setup on their end) for the platform to be functional.
Next, the telcos will get their part of the profit first – Maxis (40%), Digi (30%), Celcom (50%), Tm Touch (50%). Whatever profit left, you will have to share it with Global Surf.
The second part is Corporate SMS. They have a front-end web-based software that they sell (you can become their reseller if you want) to enable companies to facilitate information to customer or using it to do promotion. Another example, It’s very useful for insurance agents who have a large database of customer and the customer can send SMS to check the expiration of their insurance policy, the agents can send out reminder notices, birthday greeting and etc.
In the [tag]milaga.com[/tag] scenario, I can use it to entice prospective forex traders to open live account and maybe use it just to disseminate forex information or trade signal. This will depend on whether I will get any marketing dollar from [tag]umeforex[/tag]. Otherwise, I can only imagine about it.
The last one is One Stop Entertainment – It’s a pre-paid sms card cost Rm 20 that comes with contents. It’s marketed in Mlm fashion and it’s not for me because Mlm is not my thing. For now, their content is target to a young audience.
All in all, it’s an eye opening experience. I wanted to do the Sms thing during the ringtones craze but now, I am not that hot about it. If I want to pump Rm 20k to Rm 30k to an SMS platform, I might as well use this capital in the forex market. My percentage of gain is much higher.
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