The SIP trunking services market was valued at around $12 billion in 2021, and experts predict that this number will grow to reach $44 billion by 2031, with a Compound Annual Growth Rate (CAGR) of more than 14%. As the demand for SIP services continues to rise, many business owners are considering becoming SIP resellers.
The Benefits of SIP Trunking for Customers
SIP Trunking (Session Initiated Protocol) is a signaling protocol that converts analog voice signals into data packets and transmits them over the internet, eliminating the need for physical wires and reducing costs associated with infrastructure maintenance. Many businesses are currently paying monthly fees based on the number of Primary Rate Interface (PRI) circuits assigned to their business and for communication services that are not always cost-effective. By reselling SIP, you can offer your customers a low-cost alternative to their legacy phone system, with access to cloud-based communication solutions.
The Benefits of Reselling SIP for Your Business
Becoming a SIP reseller means that you’ll have a silent partner managing the technical aspects of your business, allowing you to focus on expanding your reach and increasing your return on investment. Your customers will see your company name, logo, and contact information, and you’ll receive training and support to provide expert service. All your customers will need is an internet connection, a SIP-enabled phone system, and the services offered by your company.
Choosing Your SIP Reseller Partner
When considering a SIP reseller arrangement, it’s important to choose a partner that understands what you need to succeed in the long term. Make sure you know the details of the arrangement, including start-up costs and compensation, call minutes, channels, and add-on services. The best arrangements should have no up-front costs, flexible contract options, and attractive commission structures.
Your Initial Start-Up Costs & Compensation
Be aware of any initial costs such as consultations, onboarding, or reseller support, and ensure that the arrangement doesn’t require a long-term commitment. The best arrangements have no up-front out-of-pocket costs and offer contract-free service with an attractive commission structure.
Call Minutes, Channels & Add-On Services
Choose a SIP trunking partner that offers flexibility, with the option for customers to invest in unlimited call minutes or a bundle of minutes to use over multiple channels. Some SIP trunking providers also offer add-on services such as video collaboration, file sharing, and business SMS.
Brand Image & Reliability
When choosing a SIP reseller partner, your brand image is on the line, so choose wisely. Look for a partner that can offer secure and reliable service and doesn’t compromise your ability to establish your brand.
10 Benefits of Becoming a SIP Trunking Provider
- Lower costs for customers compared to legacy phone systems
- Access to cloud-based communication solutions
- Focus on expanding your reach and return on investment
- Your company name, logo, and contact information visible to customers
- Expert training and support
- Contract-free service with attractive commission structures
- No up-front out-of-pocket costs
- Flexible call minutes and channels options
- Add-on services such as video collaboration and file sharing
- Secure and reliable service to establish your brand image.