Importation business is really a
profitable business in Nigeria. Importation business is all about sourcing for
quality good products from wholesalers at cheap rates and then re-sells it back
to consumers at a higher rate. After reselling the difference you get after
every successful sale is your profit. Actually before now importation business
in Nigeria was not really a lucrative business because middlemen were present
at that time. During that period if any sells is made the profits that is realized
were just too little.
Furthermore, with the advent of the
internet today everything has been made easier. Many Entrepreneurs can now directly
source for goods themselves from suppliers in any countries of the world and
get their goods shipped directly to their residential or commercial address anywhere
in Nigeria.
The reason why importation business
is a profitable business
If you sources for products or goods
from the suppliers you will get them at a cheaper rates. You will sell these
products or goods to the consumers in Nigeria and huge profits will be realized
from the trade.
The following are challenges involved
in importation business in Nigeria;
1. Is not all products or goods that can
actually be imported into Nigeria as some are banned.
2. You can mistakenly run into the hands
of scammers if you are not careful.
3. Sometimes it really takes a longer
period for products or goods to be shipped to Nigeria, although this depends on
which company ships your products or goods.
4. Most times the products or goods may
be shipped to the wrong locations.
Furthermore, the following are what
you need to start importation business in Nigeria;
1. You need a valid e-mail address.
2. You need a phone or computer that has
internet (you must know how to surf the internet as well).
3. Your home or office address must be very
easy to locate for goods to be shipped to.
4. You also need a bank account with a
little start-up capital.
5. You must also have a Master Debit
Card enabled for online payments.
Steps on how to start importation
business here in Nigeria
Before you actually think of
venturing into importation business you need to specify your area or product of
interest. You need to think about your target customers and also how desirable
the product is to them. After all these then find where to purchase your
products or goods. Another major thing you need to know about importation
business is where you can source for products or goods. You can really buy products
or goods at cheap prices from China suppliers from top online e-commerce stores
such as;
How to make payment: Here in Nigeria you
can easily use your local naira debit master card to make payments for products
or goods. Another method of payment you can use is through PayPal which is an
international web pay tool that is use all around the world today.
Furthermore, the above mentioned e-commerce
store are really doing a good job to make sure you don’t pay for what you don’t
get. The following is what will happen if you place an order for products or goods
on DHgate e-commerce store;
1. The buyer places an order.
2. The buyer pays directly to DHgate website
and not yet to the supplier.
3. The supplier will then send the products
or goods to the buyer.
4. The buyer checks the package to really
know whether it is exactly what he or she ordered for and if satisfied with the
products or goods.
5. DHgate will then now pay the supplier.
The delivery of goods: In the area of
delivering free shipping is offered through China mail air Post or Hong Kong
Mail services, although the issue is that it may take a longer time for the products
or goods to be delivered here in Nigeria. If you actually want quick delivery
of goods, there are other options you can choose which are FedEx, DHL, EMS. Just
make sure you include your mobile phone number so that you can be easily
located.
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