According to the Digital 2018 report of the UK-based consultancy We Are Social, there are over 67 million accounts on Facebook in the Philippines and that every Filipino netizen spends at least 3 hours and 37 minutes per day online.
That is why a stable Wi-Fi connection has become a necessity for most Filipinos, and this factor is something that you can take advantage of.
Recently, coin-operated Wi-Fi machines, called Piso Wi-Fi, have started to spread in different locations.
Piso Wi-Fi resembles the ordinary vending machines but instead of selling food, it will activate an internet connection that a mobile phone user can connect to for P5 per 30 minutes, or P10 for an hour.
In an interview with Entrepreneur Philippines, Princess Dangupon, one of the top dealers of the Piso Wi-Fi machine, said that it can be a good business venture as “most of the people have smartphones nowadays, even children”.
Piso Wi-Fi can offer an affordable and accessible internet connection for those who do not have Wi-Fi at their homes or for those who can’t go to computer shops.
It’s perfect for those who would like to start up a small business as it only needs a capital worth of P30,000.
The lowest recorded sales of a single machine were at P200/day or P6,000/month, but it can reach up to P44,000 in a month.
Next Technologies sells Piso Wi-Fi machines under the brand name “Buzz Wi-Fi”. and several units of the said machine has already been dispatched in Sultan Kudarat, Iligan City, and Laoag City.
Magkano in unit? tacos pano in ROI or return of investment?