Why sell mobile data?
Your customers are currently working on mobile data projects, and demand is predicted to increase dramatically over the next few years. If you get it right with M2M and IoT, you will quickly generate high-margin recurring revenue and due to higher EBITDA multiples, you will increase the value of your company.
According to McKinsey, revenues from mobile data are set to increase dramatically over the next five years. Factors driving growth are the availability, speed, and reliability of 4G, 5G, and IoT. Statista says the number of IoT devices worldwide is forecast to grow to more than 25.4 billion by 2030. Fortune Business Insights predicts this market will be worth £1085 billion by 2027.
People think IoT is very low revenue and you’ve got to win hundreds of thousands. You don’t. You can often get a decent ARPU of £10 to £15 on thousands of devices and sometimes margins over 40%, so it’s a really attractive line of business to pivot into.
Your mobile data partner will need to give you the tools to win deals, usually competing with the direct sales arms of the mobile networks. Your supplier will need to be an aggregator with access to all the networks and ideally, they will also be an independent MVNO. Most importantly everything must be automated, with real-time APIs offering zero-touch provisioning and management through a single self-service portal.
They will need to be innovative, with a constant stream of relevant mobile data and IoT products
that the networks would take years to develop and launch. When you partner with the right channel supplier, mobile data is easy to sell, support and bill.
The opportunity for the channel is significant. ICT resellers already have strong relationships with business customers for IT infrastructure, asset tracking, digital signage, mobile WiFi, monitoring and utilities.
Mobile data is an easy product to sell and provision and needs very little support. Jola took on just over 150 new partners in 2023 and now has over 1400. We give partners revolutionary solutions they can’t buy from any other supplier such as global roaming SIMs which roam over 4 networks in the UK and hundreds globally for voice, data and SMS activating thousands of SIMs from a single QR code and secure pre-configured plug-and-play solutions for digital signage. We give partners more choice with mobile data solutions for every customer in any market globally.