Premium Rate Phone Charges and Revenue Sharing Numbers within the NHS
Many businesses generate revenue through premium rate numbers. Calling premium rate numbers can cost you upto 10 pence per minute. It can generate up to five pence per minute at peak rate for one phone call over 5 minutes. For the whole year in average this can bring in approx £300,000 as big businesses deal with at least 3000 calls per day. This money can help many businesses pay off the salaries of most of their staffs and might even generate some profit for themselves. I will look at this opportunity to build your business and take it to the next level if your business provides the services which people require in their daily life.
Examples of premium rate numbers are 0870 numbers, 0845 numbers, 0844 numbers and 0871 numbers. Most businesses these days are targeting this number as it is an opportunity to generate money whether it is a big business or small to medium sized business. One simple example using these premium rate numbers to generate revenue is to use this number for helpline or technical support as most IT companies in the UK. After you ring the number you have to wait in the cue for god knows how long but it is guaranteed to be atleast 10 minutes holding for someone to be on the other end then some more time to tell them about the problem and then to fix it.
It is very rare that phone calls to these numbers are all inclusive in your landline contract unlike phone calls to local numbers or even mobile numbers. That’s just through landline many mobile networks charge for calls to free numbers like 0808 and 0800 numbers so calling 0870, 0845, 0844 numbers will be more expensive. BT and some other network providers are starting to include 0845 and 0870 in some of their packages but do not apply to 0844 and 0871 numbers.
