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What Is Your Greatest Challenge In Importation Business? - Business (5) - Nairaland

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Re: What Is Your Greatest Challenge In Importation Business? by tecmon: 11:13am On Aug 11, 2016
I want to export local products and earn foreign currency, how can i sell on ebay, alibaba, amazon?

1 Like

Re: What Is Your Greatest Challenge In Importation Business? by AMI3(m): 11:15am On Aug 11, 2016
chudy144:


To get genuine suppliers and not middle men.

Try as much as possible to always use Buying Request as this will help you to cut out the middle men.

For example I have been bringing in a particular product its a custom product and the supplier has been cutting my neck and will not apologise for it.

She will treat me like a piss of shit

She was charging me same product for $2.5 per PCs for 2000pcs.
Mould fee $50
And will still ask me to pay $150 to ship down to my agent.
The worse part is that she will still ask me to go and get another supplier if I think she is not cool.

I got angry and searched for new one

Guess what I found

I found someone after negotiations she agreed that I should pay $0.18

Luckily for me at closing the deal I thought for she to go this low even from our negotiations it shows it could be brought down more

But because I don't like renogotiating when I have already agreed to pay a certain price.

So I contacted another supplier who sent in quotation
And after negotiations he agreed that I pay $0.14 per PCs for 2000pcs
No mould fee
¥46 to ship to my agent

You can see what I was able to archiev using Buying Request

To use it

Make sure you do some settings as this will help you get more good results.
See images once this is done
Go back and seat down and watch the suppliers hunt and beg for you its now left for you to make your choice..

Cheers on this!
Hope it Helps?

Humble me !
Chudy144 of NairaLand
Aka ctBaba
my brother i don suffer in the hand s of this Chinese lady. we agreed on a fee to produce something for me at rate of 80$ after sending her the money she sent me another quote that it is $120. my brother i am confused on what to do. I am trying to see if she will agree on my terms. i follow your advice thanks
Re: What Is Your Greatest Challenge In Importation Business? by vickifeanyi47(m): 11:17am On Aug 11, 2016
SamMilla1:
One big challenge is payment method which I have offered a lot of help for people buying with RMB since China is the biggest market at the moment.

The truth is that due to the exchange rate, things are generally more expensive on Alibaba and Express, Far cheaper on Taobao and 1688.
However, Tao and 1688 were created for locals to buy and sell to foreigners on Alibaba. But with help, you can still buy from there.

I am advising the youths to go into small importation business during this time of recession. It will help them quit channeling all their energy on Blaming Buhari.
The truth is that Nigeria is in a mess. APC just don't want to be honest with the truth.

Yoi can create a free shop on Konga and Jumia, start with something as small as phone batteries.

A boy sent me 15k to buy few phone batteries for him in China, that was his starting capital. Because of his dedication to the small project, I had to leave office and go to the battery Market while it was raining.
Now he is sending 25k and he swore he did not add a kobo outside the initial 15k.

Because of his determination, I will ship his batteries from China for free until he gets to 100k.
So focus more on business section if you are still young, don't go wasting your time with Fashola and Dasuki craps, Ipob, Afonja hatreds, Nothing you say here changes anything if you are nobody.
pls I will like you to put me through on this importation stuff..thanks
Re: What Is Your Greatest Challenge In Importation Business? by blackprowler: 11:25am On Aug 11, 2016
justicejay:
Not into importation biz, but poultry biz.
2yrs after av been into the farming.I lost almost 5000 birds due to ignorant. sad, I used a vacine(lasoteta) for the birds (layers) cos they just started droping, not knowing that they already have newcastle, they just start dieing. Chai, I cried. It almost got to a time that I refused to go to farm again. That same month I lost about 1700creates of egg in an accident while transporting it to a nearby town, It was a miserable month cos I felt like the world shold just end.

My sincere sympathies my dear brother. The important thing is that you're trying. I'm also in similar shoes but likely much worse than yours. Perishable items are high-risk and I would have been in an even worse situation if I dealt in perishables. My own problem is lack of partners and capital but my goods and technical knowhow are not perishable. Good luck
Re: What Is Your Greatest Challenge In Importation Business? by Admixtech1(m): 11:26am On Aug 11, 2016
Gud morning rm, I'm interested in buying Power bank 20000mah and Flash drives 16g from 1688.com. Can you help out pls..
Re: What Is Your Greatest Challenge In Importation Business? by hahn(m): 11:29am On Aug 11, 2016
SamMilla1:
One big challenge is payment method which I have offered a lot of help for people buying with RMB since China is the biggest market at the moment.

The truth is that due to the exchange rate, things are generally more expensive on Alibaba and Express, Far cheaper on Taobao and 1688.
However, Tao and 1688 were created for locals to buy and sell to foreigners on Alibaba. But with help, you can still buy from there.

I am advising the youths to go into small importation business during this time of recession. It will help them quit channeling all their energy on Blaming Buhari.
The truth is that Nigeria is in a mess. APC just don't want to be honest with the truth.

Yoi can create a free shop on Konga and Jumia, start with something as small as phone batteries.

A boy sent me 15k to buy few phone batteries for him in China, that was his starting capital. Because of his dedication to the small project, I had to leave office and go to the battery Market while it was raining.
Now he is sending 25k and he swore he did not add a kobo outside the initial 15k.

Because of his determination, I will ship his batteries from China for free until he gets to 100k.
So focus more on business section if you are still young, don't go wasting your time with Fashola and Dasuki craps, Ipob, Afonja hatreds, Nothing you say here changes anything if you are nobody.

But importation is a major problem. The mere fact that we are an import driven economy is what got us to this current mess in the first place undecided
Re: What Is Your Greatest Challenge In Importation Business? by SamMilla1(m): 11:35am On Aug 11, 2016
cemefor:
Pardon my Ignorance bro, I read your commentand checked out !688 immediately, the prices seems to be in Yen, and when I did a google search less than 4 naira buys a yen, no I saw a jeans there priced at 55 yen, doing the math for the naira terms, that was ridiculously cheap, or maybe I am missing something. The page didn't translate properly so maybe the minimum one can buy is like 10,000 or something.

1 Yuan is currently 58 or 59 naira depending on how much $ is changed for the day. Unfortunately, Dollar is flying everywhere since may 29 last year.

1 Like

Re: What Is Your Greatest Challenge In Importation Business? by Josh4wod: 11:40am On Aug 11, 2016
MINE IS TOKUNBO ITEMS (USED ITEMS) LIKE ELECTRONICS, COMPUTERS, CLOTHES AND TOYS. BUT AM STILL LOOKING FOR A LEGIT AND TRUSTED IMPORTER TO BUY FROM.
Re: What Is Your Greatest Challenge In Importation Business? by signature2012(m): 11:46am On Aug 11, 2016
Josh4wod:
MINE IS TOKUNBO ITEMS (USED ITEMS) LIKE ELECTRONICS, COMPUTERS, CLOTHES AND TOYS. BUT AM STILL LOOKING FOR A LEGIT AND TRUSTED IMPORTER TO BUY FROM.

I can help you out if you are genuine.
Re: What Is Your Greatest Challenge In Importation Business? by Gentlemedi(m): 11:59am On Aug 11, 2016
chudy144:


To get genuine suppliers and not middle men.

Try as much as possible to always use Buying Request as this will help you to cut out the middle men.

For example I have been bringing in a particular product its a custom product and the supplier has been cutting my neck and will not apologise for it.

She will treat me like a piss of shit

She was charging me same product for $2.5 per PCs for 2000pcs.
Mould fee $50
And will still ask me to pay $150 to ship down to my agent.
The worse part is that she will still ask me to go and get another supplier if I think she is not cool.

I got angry and searched for new one

Guess what I found

I found someone after negotiations she agreed that I should pay $0.18

Luckily for me at closing the deal I thought for she to go this low even from our negotiations it shows it could be brought down more

But because I don't like renogotiating when I have already agreed to pay a certain price.

So I contacted another supplier who sent in quotation
And after negotiations he agreed that I pay $0.14 per PCs for 2000pcs
No mould fee
¥46 to ship to my agent

You can see what I was able to archiev using Buying Request

To use it

Make sure you do some settings as this will help you get more good results.
See images once this is done
Go back and seat down and watch the suppliers hunt and beg for you its now left for you to make your choice..

Cheers on this!
Hope it Helps?

Humble me !
Chudy144 of NairaLand
Aka ctBaba
please Chudy, I need some advice concerning this. I just sent a message to you.
Re: What Is Your Greatest Challenge In Importation Business? by lexaydfg(m): 12:01pm On Aug 11, 2016
Talius:
I'm not into importation, but I think it should be the countless bills being passed (of which most are senseless). These bills aren't helping importers breathe. It is well though, peace to all minds concerned.

Meanwhile, today's my birthday, it won't hurt you all to wish me a happy birthday.

Happy birthday... Wishing you a prosperous year ahead

1 Like

Re: What Is Your Greatest Challenge In Importation Business? by obajoey(m): 12:04pm On Aug 11, 2016
when buying, will the equivalent of yuan be deducted in naira from somebody's account or will be converted to dollar first?
SamMilla1:


1 Yuan is currently 58 or 59 naira depending on how much $ is changed for the day. Unfortunately, Dollar is flying everywhere since may 29 last year.
Re: What Is Your Greatest Challenge In Importation Business? by Josh4wod: 12:10pm On Aug 11, 2016
signature2012:


I can help you out if you are genuine.
. Geniue? that's what has been holding me back. Am also scared of scammers. For your infor am 100%
Re: What Is Your Greatest Challenge In Importation Business? by falansa: 12:34pm On Aug 11, 2016
Nice thread... My own is how to get a geniue Chinese agent that can help you source products locally. I believe buying directly from their market will still be a lot cheaper than 1688.com
Re: What Is Your Greatest Challenge In Importation Business? by basadenet: 12:37pm On Aug 11, 2016
justicejay:
Not into importation biz, but poultry biz.
2yrs after av been into the farming.I lost almost 5000 birds due to ignorant. sad, I used a vacine(lasoteta) for the birds (layers) cos they just started droping, not knowing that they already have newcastle, they just start dieing. Chai, I cried. It almost got to a time that I refused to go to farm again. That same month I lost about 1700creates of egg in an accident while transporting it to a nearby town, It was a miserable month cos I felt like the world shold just end.

Calamity too many, it is better you seek expert advice before commencing on any new business, it helps a lot.
Re: What Is Your Greatest Challenge In Importation Business? by cemefor(m): 1:00pm On Aug 11, 2016
SamMilla1:


1 Yuan is currently 58 or 59 naira depending on how much $ is changed for the day. Unfortunately, Dollar is flying everywhere since may 29 last year.
Ok, I was goggling Yen
Re: What Is Your Greatest Challenge In Importation Business? by just2okworld(f): 1:11pm On Aug 11, 2016
Nice thread
Re: What Is Your Greatest Challenge In Importation Business? by ArcFresky(m): 1:18pm On Aug 11, 2016
My brother, I dont think you quite understand the current economic condition in the country. This is a wrong advice that will only lead to higher cost of dollars. Instead of concentrating more on exporting and earning in dollars.



SamMilla1:
One big challenge is payment method which I have offered a lot of help for people buying with RMB since China is the biggest market at the moment.

The truth is that due to the exchange rate, things are generally more expensive on Alibaba and Express, Far cheaper on Taobao and 1688.
However, Tao and 1688 were created for locals to buy and sell to foreigners on Alibaba. But with help, you can still buy from there.

I am advising the youths to go into small importation business during this time of recession. It will help them quit channeling all their energy on Blaming Buhari.
The truth is that Nigeria is in a mess. APC just don't want to be honest with the truth.

Yoi can create a free shop on Konga and Jumia, start with something as small as phone batteries.

A boy sent me 15k to buy few phone batteries for him in China, that was his starting capital. Because of his dedication to the small project, I had to leave office and go to the battery Market while it was raining.
Now he is sending 25k and he swore he did not add a kobo outside the initial 15k.

Because of his determination, I will ship his batteries from China for free until he gets to 100k.
So focus more on business section if you are still young, don't go wasting your time with Fashola and Dasuki craps, Ipob, Afonja hatreds, Nothing you say here changes anything if you are nobody.
Re: What Is Your Greatest Challenge In Importation Business? by SamMilla1(m): 1:54pm On Aug 11, 2016
obajoey:
when buying, will the equivalent of yuan be deducted in naira from somebody's account or will be converted to dollar first?

If you are buying with PayPal or anything from Nigeria, the Yuan could be less than what I posted. 58 to 59 is for the current dollar rates.

If you get dollars less than what is being sold at the black market now, the Yuan will reduce.
My numbers are totally hinged on dollars.
Re: What Is Your Greatest Challenge In Importation Business? by signature2012(m): 2:04pm On Aug 11, 2016
Josh4wod:
. Geniue? that's what has been holding me back. Am also scared of scammers. For your infor am 100%

Send me a mail.Check my signature to get my mail address.
Re: What Is Your Greatest Challenge In Importation Business? by chudy144(m): 3:03pm On Aug 11, 2016
Admixtech1:
Gud morning rm, I'm interested in buying Power bank 20000mah and Flash drives 16g from 1688.com. Can you help out pls..

Add me up on BBM to get help
Re: What Is Your Greatest Challenge In Importation Business? by chudy144(m): 3:06pm On Aug 11, 2016
Josh4wod:
MINE IS TOKUNBO ITEMS (USED ITEMS) LIKE ELECTRONICS, COMPUTERS, CLOTHES AND TOYS. BUT AM STILL LOOKING FOR A LEGIT AND TRUSTED IMPORTER TO BUY FROM.

I can only give you link to Genuine suppliers of UK Used phones and Genuine suppliers of Used Laotop.

But I can't drop it here if you are interested you can add me up to get it.
Re: What Is Your Greatest Challenge In Importation Business? by chudy144(m): 3:08pm On Aug 11, 2016
afanide:
If you need a GENUINE/RELIABLE supplier/Link in Asia where you can get Genuine Original Phones with warranty like: SAMSUNG, HTC, IPHONE, NOKIA LUMIA, BLACK BERRY, LG, SONY, XIAOMI, IPAD MOTOROLLA, TABS, etc. At Cheaper rate than what you get anywhere else, feel free to contact me. All their Phones are 100% Original and comw with 12Months Warranty.

They also sell QUALITY BUT CHEAP stuffs like: NATIVE MATERIALS, HOLLANDIS WAX, LADIES WEARS, GOWNS, SHOES, BAGS, SHIRTS, KITCHEN APPLIANCES, RAULPH/LAURENT POLOS, ORIGINAL/ CUSTOMIZED JERSEYS, BABY SHOES/WEARS, TOYS, MAKE UP KITS, and THOUSANDS OF PRODUCTS i can't list here.......

ALL FROM THE SAME LINK/SOURCE.


I Hold IMPORTATION BUSINESS SEMINARS EVERY SATURDAY IN PORT-HARCOURT ON BOOKINGS. But if you are NOT in Port-Harcourt, distance cannot stop you from benefiting from this....

My Contact details below........

CC:Toluwani111, barney11, pmxpo, francisayo, smileprince, olaide721, headlaw, and others.

Mr.
Do not do this again on my thread else I will do what you don't like
Ok
Re: What Is Your Greatest Challenge In Importation Business? by simple4generall(m): 3:22pm On Aug 11, 2016
Pls can u guide me on how to start importation of motorcycle spare parts
Re: What Is Your Greatest Challenge In Importation Business? by chudy144(m): 3:25pm On Aug 11, 2016
simple4generall:
Pls can u guide me on how to start importation of motorcycle spare parts

Add me up on BBM
Re: What Is Your Greatest Challenge In Importation Business? by agentakins: 3:42pm On Aug 11, 2016
chudy144:


To get genuine suppliers and not middle men.

Try as much as possible to always use Buying Request as this will help you to cut out the middle men.

For example I have been bringing in a particular product its a custom product and the supplier has been cutting my neck and will not apologise for it.

She will treat me like a piss of shit

She was charging me same product for $2.5 per PCs for 2000pcs.
Mould fee $50
And will still ask me to pay $150 to ship down to my agent.
The worse part is that she will still ask me to go and get another supplier if I think she is not cool.

I got angry and searched for new one

Guess what I found

I found someone after negotiations she agreed that I should pay $0.18

Luckily for me at closing the deal I thought for she to go this low even from our negotiations it shows it could be brought down more

But because I don't like renogotiating when I have already agreed to pay a certain price.

So I contacted another supplier who sent in quotation
And after negotiations he agreed that I pay $0.14 per PCs for 2000pcs
No mould fee
¥46 to ship to my agent

You can see what I was able to archiev using Buying Request
Bros, 1688 is a Chinese site and they use yuan not yen. Yuan is more expensive than yen. Yen is used in Japan and not in China.

To use it

Make sure you do some settings as this will help you get more good results.
See images once this is done
Go back and seat down and watch the suppliers hunt and beg for you its now left for you to make your choice..

Cheers on this!
Hope it Helps?

Humble me !
Chudy144 of NairaLand
Aka ctBaba
Re: What Is Your Greatest Challenge In Importation Business? by Nobody: 4:07pm On Aug 11, 2016
RichYoungNigga:
I have no challenges importing items from China
I just call my Chinese connect from Alibaba and Dhgate, they send me thousands of items, i sell them on eBay and Amazon, at the end of the month i transfer their money to their bank accounts.

God bless China, they have made a lot of people rich.
One time i bought a Rolex watch from China for $200 and took it to a Rolex shop in New York, these guy didn't know it was a replica, i ended up selling the watch for $15,000
Haaaaaaain! You can lie for africa
Re: What Is Your Greatest Challenge In Importation Business? by obajoey(m): 4:07pm On Aug 11, 2016
Thank you.
1688 has good shoes and that is my interest, but I don't know if i can use my gtb master card to make a purchase from there because it seems one cannot make a purchase with his/her card anymore on alibaba. And this translation issue of 1688, how do you go about it sir.
Thank you.
SamMilla1:


If you are buying with PayPal or anything from Nigeria, the Yuan could be less than what I posted. 58 to 59 is for the current dollar rates.

If you get dollars less than what is being sold at the black market now, the Yuan will reduce.
My numbers are totally hinged on dollars.
Re: What Is Your Greatest Challenge In Importation Business? by SamMilla1(m): 4:43pm On Aug 11, 2016
obajoey:
Thank you.
1688 has good shoes and that is my interest, but I don't know if i can use my gtb master card to make a purchase from there because it seems one cannot make a purchase with his/her card anymore on alibaba. And this translation issue of 1688, how do you go about it sir.
Thank you.

Unfortunately you cannot buy anything on 1688 with your card.
They don't just have good shoes, 1688 is the Chinese version of Alibaba. Like i said, it was created for the locals to buy things cheap and sell to foreigners on Alibaba.
Re: What Is Your Greatest Challenge In Importation Business? by Josh4wod: 4:46pm On Aug 11, 2016
signature2012:

Send me a mail.Check my signature to get my mail address.
Ok, just did.
Re: What Is Your Greatest Challenge In Importation Business? by SPG4U(m): 4:52pm On Aug 11, 2016
SPG4U:
This is a great thread...

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