Post by Ismail AbdulAzeez on Apr 13, 2022 2:55:23 GMT 1
3 Ways To Grow A Multi-Million Naira Mini-Importation Business In Nigeria Today
Making a great success in the mini-importation business is easier now more than any other time, thanks to the internet and other devices and technological equipment in the market. Entrepreneurship is within everybody’s reach today more than ever before.
Though there is much opportunity for brick and mortar business in our economy today, but with a population of over 4.66 billion taking the internet by storm on regular basis, it is no wonder money-minded thinkers prefer building websites to physical storefronts and even warehouses for their businesses all over the world.
We are really in a golden age where you can make all the money you want to make without owning a warehouse or even a shop, the internet has offered you that.
There is even a business model whereby you do not even handle any stock or inventory at any time or level of the transaction cycle, in that model, inventory is purchased from a wholesaler who may be located several thousands of kilometers away from your location, and then subsequently sent directly to a customer once the order has been placed. It is called ‘Dropshipping’ you must have heard about it.
People import all kinds of products in trying to fulfill their mini importation business, you have electronic gadgets, and there is fashion clothing, shoes and all sorts of products that people import.
But one thing I have found out is that many mini importers never took their time to really understand this business very well. It pains me whenever I see mini importers making such grave mistakes, I call it grave because immediately you are caught in that web the person will start fumbling because in most cases the money he or she has used in starting the business was borrowed.
One very important advice I am going to give you today is never start any mini importation business as if you are just doing it just for that moment, and run away from it the next day. I see it every day, it pains me greatly, but there is hope as we are going to look at the solution in details here.
The first step is to start with a broad product spectrum:
What you should bear in mind is that you can really start with any type of product you are interested in. But when starting for the first time, the best option is to start with a product niche that is broader and easily identifiable. Once you have found a product that is already known, then go and find your own niche and stick with it.
The second thing you need to do is to build your digital store:
It is very advisable that as a new mini importer that you own a website for your business. It is your storefront, though not physical but it represents your physical store. Keep the design simple and keep things simple at this early stage, don’t muddle up things by bringing in all sorts products and cluster the whole site. As you grow, you can increase your products.
The third is using effective but low-cost advertising and marketing methods:
Advertising and marketing are roads you must pass in your mini importation journey; they are surely very crucial to your survival in the journey. Don’t make this more complicated than what it is supposed to be; keep them simple, effective and low-cost.
You can start with Google ads and search engine optimization (SEO)in order to create rapport with your audience that already knew about your products; while using Social Media Platforms like Facebook and Instagram to reach new customers.
Starting and successfully running small scale businesses in Nigeria today is very crucial to the survival of the teeming population of unemployed youths in the nation. Therefore, we are taking our time to teach our youth simple business models they can easily identify with.
Please stay with us for more.
Our company is one of the best companies in importation business in Nigeria today, we train individuals and corporate organizations on how to do Major and Mini Importation business the right way; if you are interested, please contact the admin of this forum now.
Making a great success in the mini-importation business is easier now more than any other time, thanks to the internet and other devices and technological equipment in the market. Entrepreneurship is within everybody’s reach today more than ever before.
Though there is much opportunity for brick and mortar business in our economy today, but with a population of over 4.66 billion taking the internet by storm on regular basis, it is no wonder money-minded thinkers prefer building websites to physical storefronts and even warehouses for their businesses all over the world.
We are really in a golden age where you can make all the money you want to make without owning a warehouse or even a shop, the internet has offered you that.
There is even a business model whereby you do not even handle any stock or inventory at any time or level of the transaction cycle, in that model, inventory is purchased from a wholesaler who may be located several thousands of kilometers away from your location, and then subsequently sent directly to a customer once the order has been placed. It is called ‘Dropshipping’ you must have heard about it.
People import all kinds of products in trying to fulfill their mini importation business, you have electronic gadgets, and there is fashion clothing, shoes and all sorts of products that people import.
But one thing I have found out is that many mini importers never took their time to really understand this business very well. It pains me whenever I see mini importers making such grave mistakes, I call it grave because immediately you are caught in that web the person will start fumbling because in most cases the money he or she has used in starting the business was borrowed.
One very important advice I am going to give you today is never start any mini importation business as if you are just doing it just for that moment, and run away from it the next day. I see it every day, it pains me greatly, but there is hope as we are going to look at the solution in details here.
The first step is to start with a broad product spectrum:
What you should bear in mind is that you can really start with any type of product you are interested in. But when starting for the first time, the best option is to start with a product niche that is broader and easily identifiable. Once you have found a product that is already known, then go and find your own niche and stick with it.
The second thing you need to do is to build your digital store:
It is very advisable that as a new mini importer that you own a website for your business. It is your storefront, though not physical but it represents your physical store. Keep the design simple and keep things simple at this early stage, don’t muddle up things by bringing in all sorts products and cluster the whole site. As you grow, you can increase your products.
The third is using effective but low-cost advertising and marketing methods:
Advertising and marketing are roads you must pass in your mini importation journey; they are surely very crucial to your survival in the journey. Don’t make this more complicated than what it is supposed to be; keep them simple, effective and low-cost.
You can start with Google ads and search engine optimization (SEO)in order to create rapport with your audience that already knew about your products; while using Social Media Platforms like Facebook and Instagram to reach new customers.
Starting and successfully running small scale businesses in Nigeria today is very crucial to the survival of the teeming population of unemployed youths in the nation. Therefore, we are taking our time to teach our youth simple business models they can easily identify with.
Please stay with us for more.
Our company is one of the best companies in importation business in Nigeria today, we train individuals and corporate organizations on how to do Major and Mini Importation business the right way; if you are interested, please contact the admin of this forum now.