VoIP business involves the provision of various VoIP based services.
VoIP, or Voice over Internet Protocol, is a technology that facilitates the placing of calls with the help of internet.
Over the years VoIP has evolved from just allowing calls to providing various communication solutions for individuals and businesses alike, irrespective of the business’ scale.
This technology can be used on any device that has an internet connection.
Therefore, along with ease in using, VoIP also provides numerous additional benefits to users when compared to the traditional phone system.
VoIP emerged in popularity when there was a dire need for development in the communications industry.
VoIP businesses or VoIP service providers aim to provide highly efficient communication solutions to their clients in order to help with an easy flow of information.
There are many service providers in the market today offering innovative solutions.
A VoIP business can adopt either a wholesale business model or a reseller model.
The wholesale model deals with the passing of traffic from a carrier to a reseller.
This is a more costlier model of VoIP business.
On the other hand, the VoIP resellers supplies VoIP services to the end users.
It involves less cost and risk when compared to the wholesale VoIP business.
Both the business models have their own specific set of requirements to work.
VoIP is an industry which is still growing at a steady pace.
The number of VoIP users and providers are increasing each day.
Despite the rising competition, VoIP industry provides an immense amount of scope for growth and innovation.
Get Free Startup Kit !
Zero Investment & 6 Months Free