The world is indeed a global village where you can communicate, buy and sell from around the world sitting in your bedroom.
This is the same reason why you can actually import cheap products from China, Hong-kong, United Kingdom, United states of America or Dubai starting with the sum of #30,000 and get a return on investment of an extra #20,000 -#40,000 depending on your marketing plan.
In this importation business, you don't need to go there as you can just sit in your sitting room with laptop connected to the internet and you just shop online. Before we get started on this importation business, there are few requirements you need to get started.
- Business Plan and Feasibility Studies; this is a business so you have to treat it as one. You will need to draft out a business plan detailing the product you are to specialize in. Products you can import with at least #30,000 ranges from computer accesories like mini laptops or laptops, hard disk, flash drives, phones and phone accesories like memory cards, phone casings, phone chargers, sex toys, to fashion stuffs like diapers, male and female wears, wrist watches childeren clothins and many more.
Products you can import are unlimited as there are many of them, but you are advised not to import heavy products because they will cause you more. More so, you will also need to highlight on your business plan how you intend to market your product to your target customers.
- Functional Address; You need an address to receive your product. Even if it is your house address so far it can be located by courier services like Fedex and DHL then you are good to go.
- Access To the Internet and Communication Tool; You will be making your orders via the internet so you need a laptop with internet connection to make these orders. It is advisable you din't make use of the Cyber Cafe due to security reasons like theft of credit card details or other necessary leakages. You will also need a working phone to recieve calls from customers as you may need a store or office space to operate this business.
- Activated Mastercard or Visa card; You will need a mastercard or visa card to pay online for your products, you can easily get a mastercard from Guarantee Trust Bank, just walk up to their customer care and tell them you mastercard for online shopping and they will gladly help you out and you with the process of activating the card. Other reputable banks that can help you out is Zenith bank and UBA.
Where To Shop for Products
There are so many sites providing products but i will recommend you use www.aliexpress.com and www.dhgate.com. They are the most trusted and reliable sites where you can get honest merchants.
How To Market Your Products
The main reason you are going into this business is to make profit. There are ways you can use in marketing your products without btreaking a sweat.
Web marketing; this involves you getting a functional website that is well designed displaying your products and the prices. You will also need to promote your website on the internet so you can be able to get customers. Luckily, there two ways of advertising on the internet which is the free and paid advertising. The free advertising requires lots of work from you as you will need to visit and post on forums, classified ad sites and the use of social networks like facebook. Paid advertising requires your money and you can use google adwords and Facebook.
Offline Classified ADS; Yes, this is very effective as you can advertise on dailies the guardian, vanguard, sun with less than #10,000 per box and get leads of customers patronizing your business. Just ensure you make the advert catchy and include your contact details like your phone number and website if you have one.
Through Distributors; You can call for distributors for your products and offer them a commission rate for the product you selling.
You can combine the above three forms of marketing your product for effective results as they don't cost a fortune.
You should also note that before you order for any product, you should endeavour to study the product you importing like getting to know if the product is hot in demand and if it can be affordable for the average person out there.
start a business today!!!
*Did you Find this post Useful? Do you have any questions bordering your mind on business start ups? We are here for You... Just visit our Facebook Fanpage to ask and you will get reply
This is the same reason why you can actually import cheap products from China, Hong-kong, United Kingdom, United states of America or Dubai starting with the sum of #30,000 and get a return on investment of an extra #20,000 -#40,000 depending on your marketing plan.
In this importation business, you don't need to go there as you can just sit in your sitting room with laptop connected to the internet and you just shop online. Before we get started on this importation business, there are few requirements you need to get started.
- Business Plan and Feasibility Studies; this is a business so you have to treat it as one. You will need to draft out a business plan detailing the product you are to specialize in. Products you can import with at least #30,000 ranges from computer accesories like mini laptops or laptops, hard disk, flash drives, phones and phone accesories like memory cards, phone casings, phone chargers, sex toys, to fashion stuffs like diapers, male and female wears, wrist watches childeren clothins and many more.
Products you can import are unlimited as there are many of them, but you are advised not to import heavy products because they will cause you more. More so, you will also need to highlight on your business plan how you intend to market your product to your target customers.
- Functional Address; You need an address to receive your product. Even if it is your house address so far it can be located by courier services like Fedex and DHL then you are good to go.
- Access To the Internet and Communication Tool; You will be making your orders via the internet so you need a laptop with internet connection to make these orders. It is advisable you din't make use of the Cyber Cafe due to security reasons like theft of credit card details or other necessary leakages. You will also need a working phone to recieve calls from customers as you may need a store or office space to operate this business.
- Activated Mastercard or Visa card; You will need a mastercard or visa card to pay online for your products, you can easily get a mastercard from Guarantee Trust Bank, just walk up to their customer care and tell them you mastercard for online shopping and they will gladly help you out and you with the process of activating the card. Other reputable banks that can help you out is Zenith bank and UBA.
Where To Shop for Products
There are so many sites providing products but i will recommend you use www.aliexpress.com and www.dhgate.com. They are the most trusted and reliable sites where you can get honest merchants.
How To Market Your Products
The main reason you are going into this business is to make profit. There are ways you can use in marketing your products without btreaking a sweat.
Web marketing; this involves you getting a functional website that is well designed displaying your products and the prices. You will also need to promote your website on the internet so you can be able to get customers. Luckily, there two ways of advertising on the internet which is the free and paid advertising. The free advertising requires lots of work from you as you will need to visit and post on forums, classified ad sites and the use of social networks like facebook. Paid advertising requires your money and you can use google adwords and Facebook.
Offline Classified ADS; Yes, this is very effective as you can advertise on dailies the guardian, vanguard, sun with less than #10,000 per box and get leads of customers patronizing your business. Just ensure you make the advert catchy and include your contact details like your phone number and website if you have one.
Through Distributors; You can call for distributors for your products and offer them a commission rate for the product you selling.
You can combine the above three forms of marketing your product for effective results as they don't cost a fortune.
You should also note that before you order for any product, you should endeavour to study the product you importing like getting to know if the product is hot in demand and if it can be affordable for the average person out there.
start a business today!!!
*Did you Find this post Useful? Do you have any questions bordering your mind on business start ups? We are here for You... Just visit our Facebook Fanpage to ask and you will get reply
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