Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,563 members, 7,958,743 topics. Date: Wednesday, 25 September 2024 at 10:12 PM |
Nairaland Forum / Nairaland / General / Business / Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers (94787 Views)
Meet Chiamaka "Tomato Baby" Who Sells Tomatoes To Fund Her Education. Pics / Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It / Dangote Tomato Processing Company Suspends Production (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (16) (Reply) (Go Down)
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by anthney87: 2:35pm On May 09, 2016 |
Ymodulus: Ymodulus... Is there anyway we also can tap from this? We can buy and order from you and we also tap into this tomatoes turn gold biz opportunity. pls reply asap so man can start making plans.... |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ymodulus: 3:09pm On May 09, 2016 |
anthney87: sorry sir. i will prefer everyone does it him or herself. However what i must tell you is dont be scared even if you have 1Million Baskets. You can sell all a day. I mean a day. Dont be scared. I am so sure of 7,000Baskets in Lagos a day. And am sure of 1000 Baskets in Portharcout in a day. Tomatoes is also been imported from Benin and Togo into Nigeria. Note* due to experience you can sell 1,000 basket in portharcout and make a profit of someone who sold 5000Basket in Lagos. PORTHARCOUT is the money market. Those people live a high life. 46 Likes 4 Shares |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Zidjay(f): 3:10pm On May 09, 2016 |
Following! |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by africanman85: 3:33pm On May 09, 2016 |
Can u give us a breakdown of the expenses involved ? |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by aleshsenior2000(m): 3:56pm On May 09, 2016 |
long life Young O. Long life Ymodulos. |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ymodulus: 3:58pm On May 09, 2016 |
africanman85: Yes i will do all breakdown,i promise to do so. However i camt do breakdown for bribes amd all so i will lump them under a tag called bribe/ settlement. Ita not funny here am browsing at N3.5 per KiloByte with my Mtn. so i will make my post so direct and straight to point. Today i paid for 1000Baskets. These guve estimated profit of 2Million. 15 Likes 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Roks(m): 4:02pm On May 09, 2016 |
God bless u guys hustle, Abeg this is front page post, admin do the needful 1 Like 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by sonnie10: 4:28pm On May 09, 2016 |
Bros. you get mind. 7000 baskets @ #10000 each = #70M #70M on perishable goods fit cause high blood pressure for some people. 35 Likes 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Consiglier: 4:36pm On May 09, 2016 |
This is the way |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by izikjon(m): 5:00pm On May 09, 2016 |
sonnie10: Guy, we had to go check our blood pressure at the hospital today. It was normal. No cause for alarm! Sleep like a baby. No project no progress. 44 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ymodulus: 5:05pm On May 09, 2016 |
sonnie10: here 5 Likes 1 Share
|
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by winetapper: 5:18pm On May 09, 2016 |
Ymodulus:lol so please tell us.. is it necessary we check our blood pressure during business transactions 2 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Menace2Society(m): 5:32pm On May 09, 2016 |
joseph1832: |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by sonnie10: 5:33pm On May 09, 2016 |
Ymodulus: The lower one (94) is a little high. 2 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by bikinisexy: 5:36pm On May 09, 2016 |
Ymodulus... This business is capital intensive. I want to start it, but donno if the little allawee I gathered can start it. Pls enlighten me on the start up capital. Since u said its a business we can delve into by ourselves. |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by sonnie10: 5:39pm On May 09, 2016 |
izikjon: But the numbers you have there are not normal. That is prehypertension almost at Stage 1 hypertension. 4 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by okpurukata(f): 5:47pm On May 09, 2016 |
This is very impressive |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ymodulus: 5:53pm On May 09, 2016 |
winetapper: My Brother, investing 56Million+ on Perishable Goods alone. You loose all your life or gain. You just have to proove yourself right. No time for stories. 13 Likes 4 Shares |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ymodulus: 6:06pm On May 09, 2016 |
bikinisexy:Ehm that questiom is a tricky one. Let me explain. If for example you want 10Baskets. A J5 wont qant to transport 10Baskets to your location because transportation a lone of 150Baskets ( 1J5 ) is 150,000. However if you have someone who loaded and have some left over. tell him you will pay based on your space occupied. Like yesterday one of our J5 took only 121Basket remaining 25Baskets all to lagos. But we had to pay for 25 Slots. thats almost 30K loss already. However we plan to recover the loss today by forcing and making sure we add extra 25 baskets anyway possible to the J5. note you can add more baskets to a J5 however to prevent the product from decaying due to hear. You take care by leaving it at 150 Now another thing is your location. yes you might send 10Baskets to Lagos succesfully and pay your transport. However what if you stay in warri? Many sellers goes to Lagos. Few go to warri. All these factors contribute to things in deciding your initial startup capital. However Never say never. Thats the secret |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Lordtrillion(m): 6:20pm On May 09, 2016 |
Wow . No risk, No reward. I'm really enjoying this. Make I park well learn new ideas from my Ogas them @Ymodulus, @Izikjon But come oh, Ymodulus. I thought you were in camp Wishing you both all the best. |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by EnterPRO: 6:21pm On May 09, 2016 |
Ymodulus: this is really impressive. kudos to you both. mind sharing if you followed the J5 convoy or you stayed back in Cameroon and monitored them on phone, giving instructions to sell for the ones that broke down? |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by jsnow90: 6:25pm On May 09, 2016 |
Ymodulus: Ymodulus, Thanks for this insightful narrative. I can not be more grateful I would to ask you some questions. 1. Did you have to register or go through any official documentation with the customs of F.G.N. as a tomato importer? Did they give you any hassle? 2. During transportation of the goods, did you follow the drivers or they delivered the products independently from Cameroon to Nigeria? If yes, how did you find them and how were you sure they would be loyal? 3. When you bought the over 5000 baskets of tomato, did the drivers of the lorries move in a convoy or individually? 4. What measures did you put in place should incase any of the lorries broke down in an isolated area? How would have been able to solve this kind of unforeseen problem? 5. If I can get a military personnel to follow the drivers on their voyage back to Nigeria, will it reduce risks? will it change anything? 6. I understand that in a typical Nigerian market of today, you can't just bring products and start selling. There have to be a union and all sort of people who would have to give you permission. How did you tackle this problem? How were you able to penetrate the market? 7. I understand you sell at the rate of 12000 naira per basket. I wouldn't mind buying from you to resell. How can we do business? Looking at the fact that you are 23 years of age, you really inspire a lot of people here, and I can only wish you more success and even more success. I await your response. Thanks! 34 Likes 5 Shares |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by bikinisexy: 6:33pm On May 09, 2016 |
Ehm that questiom is a tricky one. Let me explain. If for example you want 10Baskets. A J5 wont qant to transport 10Baskets to your location because transportation a lone of 150Baskets ( 1J5 ) is 150,000. However if you have someone who loaded and have some left over. tell him you will pay based on your space occupied. Like yesterday one of our J5 took only 121Basket remaining 25Baskets all to lagos. But we had to pay for 25 Slots. thats almost 30K loss already. However we plan to recover the loss today by forcing and making sure we add extra 25 baskets anyway possible to the J5. note you can add more baskets to a J5 however to prevent the product from decaying due to hear. You take care by leaving it at 150 Now another thing is your location. yes you might send 10Baskets to Lagos succesfully and pay your transport. However what if you stay in warri? Many sellers goes to Lagos. Few go to warri. All these factors contribute to things in deciding your initial startup capital. However Never say never. Thats the secret. Thanks for the response. How much does it cost to buy 10baskets and how much does it cost to transport it. |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by bikinisexy: 6:35pm On May 09, 2016 |
150 basket for how much? And at what price wuld one transport it? |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Rooneyboy(m): 6:38pm On May 09, 2016 |
This guy ! This guy !! This guy !!! Called Ymodulus . U are just an enigma , I try so hard to be @ par with U , but then again procrastination takes charge of me . Keep it up man , some day VERY soon we both wld do a bizz together . 2 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Odunharry(m): 6:39pm On May 09, 2016 |
mysticgal:Then take the risk |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ymodulus: 6:56pm On May 09, 2016 |
Lordtrillion: Oga you understand that thing right? Who Camp Epp? 22 Likes 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ymodulus: 7:05pm On May 09, 2016 |
EnterPRO:No i didnt follow the J5 we are still in cameroon. It was a difficult task trusting an Hausa man you met once in the market with large sums of money running into millions. But we were just confident enough. We understand and trusted the honesty of the hausas. So our money are been sent back to us. Note: We specifically dont allow the drivers to carry any Yoruba or igbo boy. we tell them we want hausas all through. Please note this is not tribalism. we followed the instructions of the Alhaji in the market at ikom he loved the fact we were young. he then schooled us properly. Note also that when the 4 J5 vehicle got spoiled it did at Benin Ore Road. we instructed them to sell. These they did and sent out money back. 32 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by AleAirHub(m): 7:11pm On May 09, 2016 |
I was at Tombia market in Yenagoa today, to get few things for stock and cooking items . I was told that a mini rubber basket of tomatoes is 12k why the main basket was no go area.... The minimum amount sold today was N200 per 5seeds[very small]. Well am short of words.... 2 Likes 1 Share |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Taeewo(m): 7:18pm On May 09, 2016 |
Ymodulus:I always follow ur bix idea, really wish to be like u, but where is the money.... Wish u success bro... 3 Likes |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by Ymodulus: 7:33pm On May 09, 2016 |
jsnow90:Thanks Brother. Go on. Hahaha. Brother fight Corruption. You really dont need that. Though we bribed 15k each to have our way. To have a legal paper cost 40j. These enables you get into cameroon as you like. Also note you can go to some areas in cameroon without been harrased. But avoid Police. Though cameroonians love money and can kill for a bribe. Simple Answer in short words: If you want to go by the law, you need to have a paper pass to enter cameroon freely and the price of that paper pass is N40,000. Aside this nothing else. If you dont want to go this way 2. During transportation of the goods, did you follow the drivers or they delivered the products independently from Cameroon to Nigeria? If yes, how did you find them and how were you sure they would be loyal? There are two transportations. 1. From cameroon to inside nigeria after the boarder. A park in Ikom. ( a Cameroon car and a cameroon plate number. This car cannot exceed ikom). 2. From Ikom to Lagos. A nigerian vehicle with a nigerian plate number. We send them independently. Brother dont be scared trust me everything is documented on a waybill reciept. All these drivers are under a union they dont misbehave. Hausas are honest and also laws are in place. 3. When you bought the over 5000 baskets of tomato, did the drivers of the lorries move in a convoy or individually? Yes almost all left at once., independently. The advantage of them moving in convoy is that when one breaks down on road, the others can assist. For example whem 7 broke down at Benin ore and Sagamu/ Mowe- Ibafo. The others assisted in repairs and drawing the vehicles. Today 1000baskets. 1 J5 left alone he is already in Ogun. No measures. We only inspect the behicle before we agree with the union head that we love the vehicle. Beside if it spoil in an isolated area they will get mechanic and fix it. But most Drivers know how to repair the cars and they carry box tools. But we always tell them to move in convoy
Yes it if the military personnel are like 4 in a car with guns. Yes it will reduce all those unnecessary settlements. However you must pay the union fees. And also rit gurantees extra security. 6. I understand that in a typical Nigerian market of today, you can't just bring products and start selling. There have to be a union and all sort of people who would have to give you permission. How did you tackle this problem? How were you able to penetrate the market?Yes in Lagos state for example. You will have to pay Revenue fees to the state government before your produce can be sold or your vehicle enters the mile12 market. Its N4,000 revenue. Now also your Dealer of tomatoes is already under any union. You are just using him as a front. Do you understand? your Tomatoes Dealer has a commision for every basket. it could be percentage basis which is 10% non - negotiable or it can be another way. If you gives him commision based on percentage you wont pay revenue and all he would do so. However if they reverse is the case. you will pay such. Looking at the fact that you are 23 years of age, you really inspire a lot of people here, and I can only wish you more success and even more success. I await your response. Thanks! Thanks Sir 41 Likes 7 Shares |
Re: Tomatoes The New Gold In Town: Nairalanders Becomes Tomato Importers by favome(f): 7:36pm On May 09, 2016 |
dis is nice and impressive. 2 Likes 1 Share |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (16) (Reply)
Folorunsho Alakija And Her Husband, Modupe Separate After 30 Years Of Marriage / Picture Of Biggest Private Mansion In Nigeria? / Huge Pile Of Naira Notes Stored At Someone's Home (Pics, Video)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 60 |