6 Profitable Business Models In Tanzanian Oil and Gas Sector
Want to do business in Tanzania’s oil and gas sector? Look to start oil business but you’ve limited capital? You’re landed the right place. In today’s article I expose you 6 low-cost but profitable business model in the oil and gas sector in Tanzania.
In reality, all these business models are proven and work. And require little money to get started. While you are waiting for something big.
These are profitable models to earn money , widen your network and improve reputation. Your responsibilities are to pick that best fit your strength, hobbies, and interest and start right away.
so, let meet them one by one
1:Private Consulting
You’ll make reliable income by working with individuals who are interested in the oil and gas industry. People pay you for your expertise and time. If you add strong value to your consultees, you will get more referral and testimonials.
And you’ll attract more customers.As the many Tanzanians are looking to engage in this industry.
Consultation is the best way to build a reputation while you are waiting to make something else.To stand out in this model, focus on changing your customer’s lives and works.
Also Read:Low-cost-business-ideas-in-the-oil-and-gas-sector-in-Tanzania
2:Oil and Gas affiliate services
If you’ve limited capital to buy and sell products and services into oil and gas industry , affiliate services are the best way to earn money in Tanzania’s gas sector.
And here’s how it works. You introduce oil and gas products and services to Tanzanian consumers or operating companies in Tanzania.
If it happens they make a purchase as a result of your introduction you get a commission as Thank you. The commission rates depend on your agreement and responsibilities
As the oil and gas industry is booming right now. In my opinion this is the business model to go . Many International individuals and oil and gas companies are coming in to expand their business in Tanzania.
They want to increase sales and selling their products and services. As a local individual, you will be making money representing the interest of such foreign companies in Tanzania.You will either market or selling oil field tools, products equipment, and services.They will offer a monetary reward.
3: Organize Oil and Gas Paid Live Event
Hosting oil and gas event is your best chance of making some real money from the oil and gas sector in Tanzania. But it needs a lot more preparation. But you can sell more tickets if you do it in the right way. Your event is like any products.
First ,know your audience and find out what they really want. Create content that fixes the problem your audience have. So find out what are Tanzanians struggling about the oil and gas industry .And your event should be the solution they looking for.
4:Oil and gas information entrepreneurship.
Money in this model is endless. You create books, online course relating to oil and gas sector. The best part is, the cost for creating information products like the book is pretty cheap. A book that you create for $15 you might sell it of $ 60. Remaining with $ 45 in a pocket as profit for just only one book.
Tips to succeed in this model.
Write timeless topics. For example, if you create a book that just explain opportunities in Uganda-Tanzania pipeline. You’ll never make it in the future. After 6years people might not be interesting on buying it. Why ? Because petroleum pipeline project would be completed, And there’ll be little or no opportunities at all.
5:Oil and Gas Research
Your duties would be doing research for individuals or companies. In Tanzania data is the biggest obstacles that holding back many investors. you should oil and gas marketing research for people who want to enter Tanzanian oil and gas sector. People are paying you for saving their times.
6:Oil and Gas Mass Media
The idea here’s you introduce an oil and gas radio or television show, oil and gas magazines. The demand for this business is very huge. As you engage the community in Tanzania’s gas sector you’ll attract more viewership in your radio or television show. You’ll make money from oil and gas companies who want to put their advertisement in your show or magazine. The best part is oil companies have a huge advertising budget .
So what’s stopping you from making money in the oil and gas sector?
Choose the model you’re interesting in and go out there to make it happen. Do it now. You’ll thank me later.
If you’re interested in any of the above model and you find hard to implement. I’m here to help. And We can work together . So call.write or email me through
0655 376543 hussein.boffu@Tanzaniapetroleum.com
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