9 Nov 2015

Growth Hacks for Today's VoIP Providers

VoIP has been offering multitudinous business opportunities to VoIP service providers and newcomers in the industry. However, only few are able to sustain in this business because they are unable to comprehend the underlying tactics for successful business run.

Firstly, VoIP providers should ensure that their softswitch platform is multi-purpose capable. That means, the softswitch platform should support routing, billing, reporting, and monitoring. Additionally, if they can configure Call Shop and Calling Card modules on the same platform, they can make big money. The availability of such a VoIP platform can offer more flexibility for service providers to come up with packages that are an instant hit in the market.

Billing and routing are the most important components of the softswitch platform that can decide the success of VoIP providers’ business. Also, VoIP providers should ensure to provision as many routes as possible for each destination from international routes provider. The availability of more routes will help VoIP providers to leverage LCR routing for making high margins.

Likewise, Calling Cards and Call Shops can become major revenue streaming channels if VoIP providers can make them available in the developing countries which have low bandwidths. Above all, it’s important that VoIP providers have enough server capacity and dedicated bandwidth to process all the incoming traffic.

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