How to Project Your Earnings Potential from Your Pay Per Call Line
Information is valuable. In fact, it’s so valuable that people are willing to pick up the phone and dial the number that can provide it to them. When you decide to be a pay per call line business owner, you can provide the information you already have and be paid for it. Income from a Pay Per Call line can be very lucrative even if you’re just starting out yourself. Keep in mind as your business grows you can either increase your price when you get too many calls, or hire other people to answer calls, and earn on every call not only to you but your operators too.
If you’re making the switch from offering information, advice, or expertise the traditional way or have decided to complement your current business operations with a pay per call line, you’re likely wondering what your earning potential is. You wonder what the ROI is on the cost of your PayPerCall line which costs a few hundred dollars to set up.
To help you recognize your earnings potential as a pay per call business owner, here are computations to give you a clearer picture:
The $0.99 Per Minute billing plan on a 30-minute call means your net payout is $0.59 Per Minute and your profit is $17.70 per call.
If you are on the $2.99 Per Minute billing plan and the average length of a call is 25 minutes, your net payout is $1.99 Per Minute, and your profit is $49.75.
If you are on the $5.99 Per Minute billing plan and your call lasted 60 minutes, your net payout is $4.09 Per Minute, and your profit is $245.40.
If your billing plan is $50.00 per call, your net payout is $34.90, and your profit is $29.00 per call.
The Earning Potential of a Lawyer on the $50.00 Per Call Billing Plan
Let’s say you are a lawyer who gives legal advice and charges $50.00 Per 60-minute Call. Here is a breakdown of the profit you could achieve in a day, week, month, and year by just taking 5 calls per day:
Call per day: 5
Profit per day: $145. 00
Profit per week: $1,015.00
Profit per month: $4,350.00
Profit per year: $52,925.00
The Earning Potential of a Spiritual Advisor on the $2.99 Per Minute Billing Plan
Now let’s say you’re new to the pay per call line business and haven’t established yourself as a spiritual advisor yet. Because you want to get as many callers are you can to gain more experience, you might decide to charge a smaller per minute rate initially with the intention to ramp up as you make a name for yourself.
If you’re on the $2.99 per minute billing plan and averaging 30 minutes a call, your net payout is $1.99 Per Minute and your profit is $59.70. Here is a breakdown of your profits by just taking 5 calls per day:
Calls per day: 5
Profit per day: $298.50
Profit per week: $2,089.50
Profit per month: $8,955.00
Profit per year: $108,952.50
Now let’s say you’re able to take 10 calls per day since your average calls only last 30 minutes. In just 5 hours a day, you could profit:
Calls per day: 10
Profit per day: $597.00
Profit per week: $4,179.00
Profit per month: $17,910.00
Profit per year: $217,905. 00
Feel free to calculate your potential earnings on our online calculator. It’s a great way to play with the different billing plans to determine if you prefer to charge per minute or per call. Click here to order your PayPerCall line today and realize your earning potential.
Also published on Medium.