Hello everyone one, I'm new to nairaland. I was checking Konga.com and i realized that their prices is way too high compared to USA. I thought about buying used ones from Ebay and find buyers in Nigeria so i could make some profits from it. Electronics in kenya is also expensive since i was there a year ago. What do you guys think?

Its a good idea. My friend and I are currently doing it and its quite profitable.

But I must warn you there are challenges:
1. Getting buyers here in Nigeria
2. Logistics (Consignment sent since 1st week in February yet to be delivered till now) You need to pray everytime you send consignments
3. Avoid pre-order...clearing agents can really mess you up
4. Understand the Nigeran IT market...the market fluctuates anyhow because its a free for all market. Prices go up and crashes very low without warnings. Demand and supply controls the market prices.
5.Avoid selling on credit or part payments (If you must, never release the good until payment is completed)

In all if it pays you its great, if not its one of those things

hey bro, are you a Nigerian American and if so what state are you from? Where do you buy cheap to resell and how profitable is this business, how many items do you ship per month? I appreciate your response. I'm a Somali American.

Jamal25: hey bro, are you a Nigerian American and if so what state are you from? Where do you buy cheap to resell and how profitable is this business, how many items do you ship per month? I appreciate your response. I'm a Somali American.

I have been in the phone and accessories import business for six years now,its highly profitable if you have a good source and a reliable person in Nigeria that can help with the sales.
I can introduce you to my partners in the US who are white Americans,they will be able to help get blackberry and other phones at flat rates.

Jamal25: hey bro, are you a Nigerian American and if so what state are you from? Where do you buy cheap to resell and how profitable is this business, how many items do you ship per month? I appreciate your response. I'm a Somali American.

Am a Nigerian living in Nigeria. I am my friend's contact in Nigeria handling his transactions.

My friend has several sources where he source his goods from. Ebay is one of the sources.

What we do is he buys from his sources, send directly to me with his prices, I sell and transfer his money back to him. The shipment we are currently waiting for which the clearing agents are messing up is our 7th shipment so far.

Previous shipments have always been smooth. We attempted a different shipper this time and trust me we will never use this shipper again.

Like I mentioned earlier its important you do your market survey very well, get a trusted contact on ground to do this for you before attempting to buy any products for resale.

I wish you good luck in this highly competitive field.

chucky234: I have been in the phone and accessories import business for six years now,its highly profitable if you have a good source and a reliable person in Nigeria that can help with the sales.
I can introduce you to my partners in the US who are white Americans,they will be able to help get blackberry and other phones at flat rates.

I just began this business some months ago and I'm pretty hopeful that the business will be profitable. Right now, I'm currently using some US mail forwarding services like myus.com to ship my goods to Nigeria.

Right now I just need where I can be getting cheaper phones from the US and ship to Nigeria for re-sell. I would be glad if you can introduce me to some of your partners there.

I'm particularly interested in Blackberries because they can be sold pretty fast. And they are profitable too. Note I am not going to scam your partners if you introduce me to them. You can check my profile to verify.

If you will like to help me, this is my email address--Alhasan4You At Gmail.com. I would really appreciate a kind gesture from you. Thanks.

chucky234: I have been in the phone and accessories import business for six years now,its highly profitable if you have a good source and a reliable person in Nigeria that can help with the sales.
I can introduce you to my partners in the US who are white Americans,they will be able to help get blackberry and other phones at flat rates.

I appreciate your help but i feel the phone market is very saturated at the moment. Luckily enough i found a source where i could buy loads of new women's bags and jeans for cheap. I will try that within the next few weeks and post my products on Nairaland to see if there are interested buyers. I hope it goes well.

eleven:

Am a Nigerian living in Nigeria. I am my friend's contact in Nigeria handling his transactions.

My friend has several sources where he source his goods from. Ebay is one of the sources.

What we do is he buys from his sources, send directly to me with his prices, I sell and transfer his money back to him. The shipment we are currently waiting for which the clearing agents are messing up is our 7th shipment so far.

Previous shipments have always been smooth. We attempted a different shipper this time and trust me we will never use this shipper again.

Like I mentioned earlier its important you do your market survey very well, get a trusted contact on ground to do this for you before attempting to buy any products for resale.

I wish you good luck in this highly competitive field.

I would like to know how much does shipping and import taxes affect your business and which shipping company you use? Thanks

Jamal25:

I would like to know how much does shipping and import taxes affect your business and which shipping company you use? Thanks

Not much though to maximize profit we use local freight handlers because using the big shippers are more expensive though very efficient but not cost effective for now.

Cost is about $3.95 per lbs for Air freight with a minimum weight of 25lbs.

Our regular handler is Liberty Express based in NY with office in Ikeja.

The new handler messing our shipment now is based in Ajao estate.

eleven:

Not much though to maximize profit we use local freight handlers because using the big shippers are more expensive though very efficient but not cost effective for now.

Cost is about $3.95 per lbs for Air freight with a minimum weight of 25lbs.

Our regular handler is Liberty Express based in NY with office in Ikeja.

The new handler messing our shipment now is based in Ajao estate.

$3.95 is not bad at all. Do you think you might be interested in buying bulk women's handbags? Jeans, perfumes/colognes?

Jamal25:

$3.95 is not bad at all. Do you think you might be interested in buying bulk women's handbags? Jeans, perfumes/colognes?

Thanks for the offer. Am sorry no. I have run that line before (Go through my profile to see my past adverts).

eleven:

Thanks for the offer. Am sorry no. I have run that line before (Go through my profile to see my past adverts).

I seen your past post on handbags. Are they hard to sell? Why did you stop selling them?

Jamal25:

I seen your past post on handbags. Are they hard to sell? Why did you stop selling them?

Not that they were hard to sell, it was challenging for me because I didn't have a boutique to display them; had to do direct sales & delivery to clients which had high operating cost, highly pruned to credit purchases and meeting individual customer's taste, styles, colors and sizes.

At the end of the day had to sell all off at ridiculous prices to boutique owners.

The profit is well gained at retail level, at wholesale level its crazy except you have high volume turnover.

The business is well managed at retail level, having a boutique is very key.

eleven:

Not that they were hard to sell, it was challenging for me because I didn't have a boutique to display them; had to do direct sales & delivery to clients which had high operating cost, highly pruned to credit purchases and meeting individual customer's taste, styles, colors and sizes.

At the end of the day had to sell all off at ridiculous prices to boutique owners.

The profit is well gained at retail level, at wholesale level its crazy except you have high volume turnover.

The business is well managed at retail level, having a boutique is very key.

Thanks man. I don't have any product at the moment but if i find anything valuable i will let everyone know.

Hi Chucky, pls can u help me with where i can buy used blackberry phones in the Usa at cheaper prices so i can resell here. Thanks