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Our trade seems to bump into many different systems.
Has anyone here had a positive or negative experience selling alarm monitoring service to your customer base.
I walk by these systems everyday and thought there could be an opportunity there for residual income.

Question, the margins are nice and it looks like service could be either a Goldmine or a pain in the tukhus.
I can buy GMS monitoring for less than $7 per month, maybe could sell for $30, about 300% markup but only about $276 per year per customer.
Customer base would need to be in the 200 plus customer range to make it a part time job.

Is the service where the real money is in this business?
 

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Our trade seems to bump into many different systems.
Has anyone here had a positive or negative experience selling alarm monitoring service to your customer base.
I walk by these systems everyday and thought there could be an opportunity there for residual income.

Question, the margins are nice and it looks like service could be either a Goldmine or a pain in the tukhus.
I can buy GMS monitoring for less than $7 per month, maybe could sell for $30, about 300% markup but only about $276 per year per customer.
Customer base would need to be in the 200 plus customer range to make it a part time job.

Is the service where the real money is in this business?

I put in 400 and then sold the re-occuring accounts. That is where the real money is at. Bought Apple. I hated alarming the whole time I was in it.
 

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Our shop sells the monitoring. We have it branded to our co. A central station. That answers and responds to all interactions with customers as
Xxx electrical central station...
The monthly cost per account is fairly cheap, depending on several factors.
I believe they set aside account numbers for us to asign to new customers in clusters of 1000.
 
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