Venturing into the sales of building
materials in Nigeria is a very lucrative business that can make you plenty of
money any time of the year. Building materials business is a business that is not
really affected by any season or time, also the business is an all-round
business venture. Without been told building materials sells very fast here in
Nigeria and a lot entrepreneurs that are really into the business are making
good money in the business due to the current boom in real estate business here
in Nigeria.
Furthermore, in Nigeria today houses
are springing up everywhere, even at every corner and all over the cities and
villages in the country. In Nigeria everybody wants to have his own house, a
place he can really call his own. All these are the major reasons why building
materials is selling very fast and with good profit in return. Actually starting
a building materials business in Nigeria is a very good idea, is a business
that you will never regret.
The following are the steps on how to
start building materials business in Nigeria;
1. Select the areas you want to focus:
This business is so diverse. Building materials are too many for any single
merchant to deal on all of them at a time. There is need for you to select
where you want to focus. Focus is very important because it will enable you to get
strong and make profitable in the business. Choosing a particular niche will
make you become an expert in that niche and everybody will know you as an experienced
person in that sector.
2. Secure a good location for the
business: A good location is very important in the business. Your location will
depend on the kind of building materials you are dealing on. For example,
building materials like cement is best located near a new and developing area.
3. Get a place: You can either secure an
open ground, shop or warehouse depending on the type of building materials you really
want to deal on. If you are dealing on materials like Iron, it does not require
a shop or warehouse in most cases, but you need to get an office for
transaction.
4. Find a supplier: In Nigeria there are
different suppliers in virtually all the building materials used. You have to look
for suppliers that will work well for you and negotiate a deal with them. Actually
the importance of having a regular supplier cannot be over emphasized. In this
business if you are a reliable person and a trustworthy person your supplier
can even supply you goods and come for the money later, this will really help
you in the business most especially if you are trading with limited funds.
5. Marketing and promotion: One of the
great mistakes most building material dealers do is that they wait for the
buyers to come to them. Although buyers do come, but it is better if you can
really reach out to the buyers. This will really help to eliminate the chances
of them going elsewhere, don’t forget that you are not the only supplier. You can
create a chance to meet with building owners or contractors and then offer them
your deal face to face.
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