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Buying And Selling With 50,000# - Business - Nairaland

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Start Data Selling With Zero Capital / What Kind Of Supply Business Can I Start With #50,000? / What Kind Of Business Can One Start With#50,000 (2) (3) (4)

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Buying And Selling With 50,000# by harlee(m): 6:20pm On Jan 08, 2019
Hi,good evening.its 2019 and am looking for business to start(buying and selling) with 50,000 startup capital. Am based in Lagos but I don't mind traveling to other parts of Nigeria if the need be to purchase items to resell.pls help with business ideas.thanks
Re: Buying And Selling With 50,000# by Enniez2018(m): 11:38pm On Jan 08, 2019
Egg business is a good business in Lagos. You can start with as low as 50k especially if u have a mini depot where customers can pick it up from or you supply market women directly.

Just source your eggs from neighbouring SW states esp Ogun and Oyo and move to lagos.

Just one of many ideas.

1 Like

Re: Buying And Selling With 50,000# by harlee(m): 12:02am On Jan 09, 2019
Fine business, but m neighbor does that already
Re: Buying And Selling With 50,000# by harlee(m): 4:54pm On Jan 09, 2019
Ideas needed please
Re: Buying And Selling With 50,000# by boss01: 5:11pm On Jan 09, 2019
Just follow these steps
1. Search online for trending fashion item

2. Go to Idumota market to confirm the cost price. Go for items that are a bit expensive with high profit margin. I.e shoe of 22 to 25k, u can probably get it for 15k

3. Run Facebook ads. If it is a cool product u will get order in a day spending max. 2500 on ads

4. Go back to Idumota, buy and make delivery.

You can easily make a 50k or more profit easily monthly. It is what I have tried and see how feasible it is.

That's just the basic steps, follow it and thank me later

5 Likes

Re: Buying And Selling With 50,000# by harlee(m): 12:11pm On Jan 10, 2019
boss01:
Just follow these steps
1. Search online for trending fashion item

2. Go to Idumota market to confirm the cost price. Go for items that are a bit expensive with high profit margin. I.e shoe of 22 to 25k, u can probably get it for 15k

3. Run Facebook ads. If it is a cool product u will get order in a day spending max. 2500 on ads

4. Go back to Idumota, buy and make delivery.

You can easily make a 50k or more profit easily monthly. It is what I have tried and see how feasible it is.

That's just the basic steps, follow it and thank me later
nice ideas,still weighing my options
Re: Buying And Selling With 50,000# by boss01: 3:42pm On Jan 12, 2019
harlee:
nice ideas,still weighing my options
stop weiging options and get to work.

5 Likes

Re: Buying And Selling With 50,000# by harlee(m): 5:10pm On Jan 12, 2019
boss01:
stop weiging options and get to work.
other than the egg distribution business, what would you recommend.
Re: Buying And Selling With 50,000# by sawdi: 6:03pm On Jan 12, 2019
boss01:
Just follow these steps
1. Search online for trending fashion item

2. Go to Idumota market to confirm the cost price. Go for items that are a bit expensive with high profit margin. I.e shoe of 22 to 25k, u can probably get it for 15k

3. Run Facebook ads. If it is a cool product u will get order in a day spending max. 2500 on ads

4. Go back to Idumota, buy and make delivery.

You can easily make a 50k or more profit easily monthly. It is what I have tried and see how feasible it is.

That's just the basic steps, follow it and thank me later

2500 naira on Facebook ads? How? What I see on my page is from over 190 dollars up.
Re: Buying And Selling With 50,000# by Onnasucs1(m): 6:30pm On Jan 12, 2019
sawdi:


2500 naira on Facebook ads? How? What I see on my page is from over 190 dollars up.
what kind of ads is $190?
Re: Buying And Selling With 50,000# by sawdi: 6:48pm On Jan 12, 2019
Onnasucs1:
what kind of ads is $190?

I can't even remember. I think it was to boost a post or so. So I really want to know how I can pay less.
Re: Buying And Selling With 50,000# by Onnasucs1(m): 7:03pm On Jan 12, 2019
sawdi:


I can't even remember. I think it was to boost a post or so. So I really want to know how I can pay less.
use demographic to target your audience.
Then set a daily budget.

Did someone setup the ad for you or you did it yourself.

If you didn't yourself, did you learn fb ads before setting it up yourself?
Re: Buying And Selling With 50,000# by sawdi: 7:09pm On Jan 12, 2019
Onnasucs1:
use demographic to target your audience.
Then set a daily budget.

Did someone setup the ad for you or you did it yourself.

If you didn't yourself, did you learn fb ads before setting it up yourself?

Someone did it for me.
Re: Buying And Selling With 50,000# by Onnasucs1(m): 7:11pm On Jan 12, 2019
sawdi:


Someone did it for me.
Try to learn to do stuffs like this yourself. Few videos and you're good to go. Unless you're busy.

how many days did the person run the ad?
Re: Buying And Selling With 50,000# by sawdi: 8:06pm On Jan 12, 2019
Onnasucs1:

Try to learn to do stuffs like this yourself. Few videos and you're good to go. Unless you're busy.

how many days did the person run the ad?

I've not yet run the ad. The person just showed me the figure. I actually planned on watching some videos.
Re: Buying And Selling With 50,000# by Onnasucs1(m): 8:52pm On Jan 12, 2019
sawdi:


I've not yet run the ad. The person just showed me the figure. I actually planned on watching some videos.
learn it yourself.

I have a complete video tutorial on Facebook ads covering how to set up and target your dream customer.
It's #2,000 if you need it. Money back guarantee!

1 Like

Re: Buying And Selling With 50,000# by sulaimon22: 9:43pm On Jan 12, 2019
Onnasucs1:
learn it yourself.

I have a complete video tutorial on Facebook ads covering how to set up and target your dream customer.
It's #2,000 if you need it. Money back guarantee!

pls after getting orders what of logistics on how to transport d goods from one state to anoda state, is pay on delivery also adviced for diz kind of tin.

1 Like

Re: Buying And Selling With 50,000# by sawdi: 9:59pm On Jan 12, 2019
Onnasucs1:
learn it yourself.

I have a complete video tutorial on Facebook ads covering how to set up and target your dream customer.
It's #2,000 if you need it. Money back guarantee!

Thank you. I'll let you know if and when I need it.
Re: Buying And Selling With 50,000# by Onnasucs1(m): 10:34pm On Jan 12, 2019
sulaimon22:


pls after getting orders what of logistics on how to transport d goods from one state to anoda state, is pay on delivery also adviced for diz kind of tin.
what kind of business are you going into?
Re: Buying And Selling With 50,000# by sulaimon22: 10:43pm On Jan 12, 2019
Onnasucs1:
what kind of business are you going into?

Referng to d idea u stated above, like d fashion one
Re: Buying And Selling With 50,000# by Onnasucs1(m): 3:38am On Jan 13, 2019
sulaimon22:


Referng to d idea u stated above, like d fashion one
I wasn't the one. Check well
Re: Buying And Selling With 50,000# by Nobody: 9:45am On Jan 13, 2019
Transporting goods from the north to d southern part (SW, SE and SS) is a very good lucrative business. Buy things(food items) u know are cheaper in the north, transport and resell them in d south.

1 Like

Re: Buying And Selling With 50,000# by Nobody: 9:45am On Jan 13, 2019
Transporting goods from the north to d southern part (SW, SE and SS) is a very good lucrative business. Buy things(food items) u know are cheaper in the north, transport and resell them in d south.

[color=#006600][/color]
Re: Buying And Selling With 50,000# by Nobody: 11:04am On Jan 13, 2019
Need a good business idea this year 2019 then check my signature
Re: Buying And Selling With 50,000# by Ayofaks(f): 11:18am On Jan 13, 2019
boss01:
Just follow these steps
1. Search online for trending fashion item

2. Go to Idumota market to confirm the cost price. Go for items that are a bit expensive with high profit margin. I.e shoe of 22 to 25k, u can probably get it for 15k

3. Run Facebook ads. If it is a cool product u will get order in a day spending max. 2500 on ads

4. Go back to Idumota, buy and make delivery.

You can easily make a 50k or more profit easily monthly. It is what I have tried and see how feasible it is.

That's just the basic steps, follow it and thank me later

Poster, if you're following this advice, I'd advise you go to Army Arena shopping complex at Bolade bus stop, Oshodi. You can get all these fancy slippers that ladies/men wear at a rate of 700 each and resell at 1,500-2,000 each, ladies flat shoes at 900-1,000 each and sell at 2,500. Go to block H, that's where wholesalers are.

2 Likes

Re: Buying And Selling With 50,000# by sulaimon22: 4:45pm On Jan 13, 2019
Transporting goods from the north to d southern part (SW, SE and SS) is a very good lucrative business. Buy things(food items) u know are cheaper in the north, transport and resell them in d south.


can u share more tips about d business, I.e the major foodstuff to buy, how to transport, and if dia will be a necessity to join market union from our selling point
Re: Buying And Selling With 50,000# by sulaimon22: 4:46pm On Jan 13, 2019
boss01:
Just follow these steps
1. Search online for trending fashion item

2. Go to Idumota market to confirm the cost price. Go for items that are a bit expensive with high profit margin. I.e shoe of 22 to 25k, u can probably get it for 15k

3. Run Facebook ads. If it is a cool product u will get order in a day spending max. 2500 on ads

4. Go back to Idumota, buy and make delivery.

You can easily make a 50k or more profit easily monthly. It is what I have tried and see how feasible it is.

That's just the basic steps, follow it and thank me later


pls after getting orders what of logistics on how to deliver d goods from one state to anoda state, is pay on delivery also adviced for diz kind of tin.
Re: Buying And Selling With 50,000# by harlee(m): 7:24pm On Jan 14, 2019
Transporting goods from the north to d southern part (SW, SE and SS) is a very good lucrative business. Buy things(food items) u know are cheaper in the north, transport and resell them in d south.

thanks for this advice,am from Benue,so travelling would not b a p,but can u be product specific, how to go abt it,and a market for It here in Lagos

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