Have you ever wondered how to sell eSIMs online and tap into the opportunities this new piece of technology offers? Well, you’re not alone in this. The fear of missing out is not a concept that exists only in finance.
For many entrepreneurs, the possibility of missing changing consumer demand is a constant fear. eSIMs are one such opportunity, especially considering how much edge they offer over traditional SIM cards.
Every year comes with a new wave of digital tools, and those who adapt early tend to stay ahead, while making the most of such innovation. Global eSIM adoption has been on a steady rise, with projections to reach 6.7 billion by 2030. (GSMA Intelligence)
If your goal is to get in early and turn eSIM into a profitable digital product, mainly through marketplaces and online platforms, then this piece was made for you. Read on as we break down how to sell eSIMs online and increase revenue in your business.
Understanding eSIMs and How They Work
While you consider adding eSIMs as part of your product offerings, it’s essential to learn what they are, how they work, why they are in such high demand, and how you can market them.
eSIMs stand for embedded SIM; they are digital alternatives to the traditional physical SIM cards we’ve always been accustomed to. They are built into your device and operate digitally.
In recent years, they’ve proven effective to several professionals, including remote workers, NGOs, entrepreneurs, and many others, due to their flexibility and convenience. The significant differences they hold to their traditional counterparts are:
- They are embedded into your device instead of being removable chips
- Instead of swapping physical cards, you download an eSIM profile from the chosen network provider
- You can easily switch between varying network providers without needing to change SIM cards physically
- You get flexible network connectivity across regions
Here is how it works:
- The user purchases an eSIM plan via your branded white label eSIM store
- They activate the eSIM and choose their preferred plan
- The device connects to the mobile network, and you earn consistently based on the number of purchases made
Choosing the Right Provider for Your branded eSIM website
Although the growing popularity of eSIM technology makes it a lucrative business opportunity, this has also led to a surge in the number of providers entering the market. Without proper research, it’s easy to partner with unreliable or low quality vendors, risking your reputation and customer experience.
The process of choosing a provider is an important step. Prioritize a reliable one that offers:
- Global or regional eSIM coverage
- Competitive pricing and profit margins
- Security and safety
- 24/7 technical support
- User-friendly dashboards
Managing Your whitelabel eSIM website Setup
The next step is to decide how and where you’ll sell your eSIMs. Your channel plays a huge role in shaping customer experience, so it’s essential to design your branded eSIM white label website based on your target audience and goals.
Whether you’re running a travel brand, an Etech platform, or any other online enterprise, here are some significant marketplaces to consider:
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E-Commerce Stores
Consumers love convenience, and this is one fundamental advantage e-commerce platforms offer. Other positives include a faster buying process, flexibility, and global reach.
Selling eSIMs on an e-commerce site is also convenient because it gives complete control over branding, pricing, and the user’s journey. Platforms like Limitflex allow you to create fully branded eSIM stores in minutes using quick to launch white-label tools where customers can explore your product, make payments, and receive automated delivery.
2. Online Marketplaces
The online retail market is expanding daily due to the increasing use of smartphones and mobile devices, and several businesses are tapping into this growth. As of 2023, mobile e-commerce sales reach $2.2 trillion, making up to 60% of all e-commerce sales across the globe.
You can create your own branded eSIM store under white label and start selling on platforms like eBay, Facebook Marketplace, Etsy, and others. You can list digital eSIMs as downloadable, especially if they come with activation instructions or QR codes.
3. Social Media Platforms
WhatsApp, Telegram, TikTok, and many other social media apps are great places to set up an eSIM marketplace using your designed website under whitelabel. TikTok has approximately 1.59 billion monthly active users globally, as revealed by DemandSage. At the same time, WhatsApp and Telegram are social media platforms that also account for billions of users.
Maximize this growing pool and create your own branded eSIM store under white label to generate revenue. You can integrate your system with chatbots, platform ads, analytics tools, and many other options available for small businesses on these platforms.
Promoting Your eSIM Marketplace Setup or Listing
Creating your white label eSIM store is only the beginning, because promotion and marketing are where the real growth happens. To attract customers, you need to actively market your products to reach your target audience. Here are some easy ways to do this:
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Running Paid Ads
Many social media platforms allow small businesses to run targeted ads, and this model has proven highly effective over the years. Facebook Ads, for instance, have an average conversion rate of 9.21% across all industries. Google and TikTok Ads are also alternatives to reach a larger audience. TikTok is particularly relevant in attracting a younger, tech-savvy crowd.
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Partnering With Travelers And Influencers
Influencer marketing is a model that entrepreneurs are using to build trust and exposure in today’s digital market. You can partner with nomads and travelers, micro influencers, TikTokers, YouTubers, and also run affiliate programs to put your product out there
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Share in Forums and Communities
Some social media platforms are designed to build communities and connect with people of similar interests. Reddit, Facebook groups, telegram channels, and many others are some options to start with. Join subreddits like r/digitalnomad, r/travelhacks, r/backpacking, or r/expats. Answer questions and subtly introduce your eSIM offering.
Start Your white-label eSIM website Today
eSIMs usher in a new era for digital connectivity, and as a business owner, it’s an opportunity to scale and increase your revenue. At LimtFlex, we help entrepreneurs, marketplaces, and resellers sell eSIMs with zero inventory, while offering exciting commissions on every purchase. Our service is also white labeled, which makes it easy to customize your eSIM marketplace setup to your brand.