Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,037,092 members, 7,448,916 topics. Date: Saturday, 03 June 2023 at 05:14 AM
Nairaland Forum / Nairaland / General / Career / Are U Into Mini Importation? Do This One Thing And Watch Ur Profit Hit The Roof (250 Views)
One Thing You Should Not Procrastinate If You Are Running A Business In Nigeria / Small Scale Viable Exportation FREE Practical Training Info - Are U INTERESTED ? / Finally, Women In Saudi Arabia Hit The Road To drive Legally For The First Time (2) (3) (4)
|Are U Into Mini Importation? Do This One Thing And Watch Ur Profit Hit The Roof by Susily(m): 10:39pm On Jan 30, 2019|
Are you into mini importation?
Do this one thing and watch your profit hit the roof
Are you looking for a way to bypass agents and buy directly and safely from manufacturers in China at factory price?
Are you tired of the excesses and shakara of agents with their unnecessary charges and delays?
Some agents charge you for links of the product you send them so they can source the product for you
That one is not enough for them, they also charge you sometimes close to 10% of the price of the product you bought in the name of commission
All these unnecessary costs cut deep into your profit margin that you may struggle to cover your capital
The local shipping within China will increase your cost the more, thinning the chances of recouping your capital not to talk of making a profit
The illustration below will show you the harm agents are doing to your mini importation business:
You are interested in selling men's shoe, so you search for the shoe you want to buy on Alibaba, taoboa or 1688, you copy the links and send to your agent at 3 yuan per link(NB: 1 yuan is about #55)
You want to purchase 20 pairs of the shoes which goes for 38 yuan per pair, making it 760 yuan(38 yuan ×20) for 20 pairs.
You pay close to 10% agent commission on the price of the goods you bought. In this case, around 76 yuan
You also pay for local shipping from manufacturers' factory to your agent's office which may cost up to 25 yuan.
That's not even all, your cost keeps on going up and up
You will also bear the cost of transportation of your goods from your agent's office to the shipping company that'll bring down your goods to Lagos
When your goods reach your shipping company, it will be re-weighed and you will also be charged per kg of your goods
Some charge up to $7/kg as shipping fee and about #500/kg for custom clearance
The idea as a smart importer is to reduce the overall landing cost, thereby increasing your profit margin
If you wanna survive in this business, then you've got to grow thick skin, especially now that the competition is fierce
Take another instance:
-You wanna buy 100 pieces of something that'd cost #800 per one, as stated on the seller's store
- Local shipping would cost you, say #5k because the goods is kinda big
- You pay the amount to an agent. He/she negotiates with the seller and settles for #650 for one( pocketing #150)
- He tells the seller that you're a serious customer who'd buy in thousands next time if the seller takes care of the local shipping for free
Now lemme break your fragile heart
* Agent pockets #150 per each. Multiply that by 100, do the maths
* He pockets the local shipping fee(5k)
* You still pay his/her service charge( commission)
You see, your agent doesn't have your best interest at heart. You have to up your game because the only interest he has at heart is his POCKET.
You are being ripped off all round by your agent.
Isn't it Heartbreaking? I bet you, it is!
All these unnecessary costs eat deeply into your profits, leaving you high and dry....Heck! You can even be forced to pack your kaya (luggage) and go back to your village
No, its not your village pipu that's doing you....they're innocent. Don't blame them
You can import Smarter this year and beyond.
What if I show you how to chat and negotiate directly with manufacturers and suppliers.
This alone will save you a lot of money. No more charges per link, no more 10% commission, no more local shipping fee from manufacturer to agent's office...
...no more rip off by agents....no more Bullshit
Cost is cut down to the bearest minimum and profit is maximized
You might have heard of wechat, maybe you haven't
Wechat enables you the buyer to chat with manufacturers on 1688, even with those of them that don't speak English
You chat with them in Chinese( you don't need to know mandarin to do it). They reply you in Chinese and you translate to English. Simple!
You also save a lot of money on exchange rates. You don't need to convert your naira to dollars to purchase. nada!
You just create a wechat wallet, fund it and pay your suppliers directly in yuan, as one yuan is about #55 as against dollar where one dollar is #365....
...doing this keeps down cost obviously and increase your profit margin
Previously, to be able to operate a wechat wallet, you will need to open a Chinese bank account...
...but now, people outside China can open a wechat wallet without the hassle of traveling to China to open a bank account
Also, if you have a funded wechat wallet and looking for buyers, I have a wechat escrow whatsapp group where buyers and sellers meet, negotiate rates and then trade
If you don't have a wechat wallet, I'll open one for you for FREE so you can be able to start buying directly from manufacturers and earn HUGE PROFITS.
People charge a lot of money to create wechat wallet...some charge close to 15k but you'll get it for FREE
I will also show you how to get manufacturer's contact from 1688 so that you can add them up and negotiate prices.
They reply very fast
That's not all, you will also get to know how to chat with suppliers in Chinese, so you don't scare the hell outta them cos most 1688 sellers no sabi speak English ( you don't have to know Chinese to do this)
Why am I doing this? What do I have to gain? This question must have crossed your mind
Well, am doing this for two reasons;
1. Celebrated my dad's 70th birthday so I thought it wise to give out value to mini importers
2. So that you can join my wechat escrow group where you will meet buyers &sellers, where you buy wechat funds to pay your suppliers with, and also sell funds to mini importers that wanna buy
No single person will hold you at random. If you don't like the rate a seller gives you, there are many sellers to negotiate with until you get the lowest bidder
All these ensure that you minimize cost and maximize Profit
As an escrow, my team moderates every transaction
Also, in the group, we rub minds on how to run our businesses profitably
So if you are interested in creating a wechat wallet, kindly add this number on whatsapp, 08149470004.
Message us with the code " wechat wallet" and you'll be responded to immediately.
PSsad1) you'll have a wechat wallet created for you for FREE
(2) you'll learn how to get manufacturers contact( phone no) from 1688, so you can chat them up on wechat
(3) you will get to know how to chat suppliers with Chinese and also how to translate their reply to English
PSS: (1) Add us on whatsapp 08149470004, then go to play store or Apple store to download and install wechat app, if you don't have it yet
(2) Make sure you have a MasterCard or visacard of any bank for authenticating your wechat wallet
In everything you do, make sure it's profitable
See you on whatsapp....
Apply Now: World Economic Forum Global Leadership Fellows Programme 2019 / NEMA Is Overseen By Which Ministry / State Cleaner Needed At Enugu State 2019 | 1000 Slot Available
|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 - 2023 Oluwaseun Osewa. All rights reserved. See How To Advertise. 59