₦airaland Forum

Ymodulus:
[quote author=Ymodulus post=27878179]I will take the above to be your first time doing business. Well don't get bitter over the loss. Business is a an euphemistic risk in my own definition and the first is always the learning point. Notwithstanding your loss you can make good use of the said amount ( N20,000 ) and make reasonable profit. All depends on your logic and determination and how well you can face the world.
In Importation I always like to classify it into 4
1. The Buyers and sellers. ( They buy item and sell )
2. The Suppliers. They supply item in bulk and get money. Requires more expertise money/ experience and connection )
3. The procurement guys. They buy for people and they pay them
4. Contract getters.
With the sum of N20,000 i have this pin size advice to give you.
1. Do not rush buying any item because you see your mates buying them or its the latest fad in town. Do proper research. At times the most stupid item may be the best selling item.
2. From experience avoid items that involve large money. Try get items that requires less and profit will be high. Let's get it straight in business you have to kill your emotions and its about the final money. If you are to import get items that when you bring them in landing cost should not exceed N2000 and that when you sell them you can make gain of N800 per item at minimum.
Please for your N20,000 do not go about importing these items
a. Female Bag
b. Brazilian Hair
c. Phone. ( You need more strength to sell this but it can be so rewarding mind you. )
Avoid the above liste items. its a 20% success - 80% failure chance. Also your money won't be enough to finance it. And you may not have the required market of which is difficult this does not goes to say you can't make a profit no. But let these be your last options.
Items I did prolly advice you get, are items of less value and weight. You can look into
a ) Slippers : I mean quality in-house slippers, I know you will say am stupid or crazy but sir these is the season and many guys are raking in big money from it. From Adidas to several crazy slippers design, I will send you a manufacturer for this if you want.
b ) Wrist Watches: Like it or not these are selling items. You just need to know the right way to sell it.
c) Female Flat Shoes: female flat shoes are moving like hell. Though am not into them but I can bodly tell you people on it are ploughing in money.
d) Glasses: By glass I mean Designers glasses. Complete replica. Note I said complete replica.These replicas are exactly the same undistinguishable. I mean AAA not AA or A. Meet guys like sterdam / shinaf. They will assist for free on this. And tell you how to sell it and if you are lucky sterdam may be of greater help to you here.
e). Fashion Items: Look for items in general that are used and will get finished everyday. Items that people will always want to keep coming for. Please avoid Cream Tubes as they are contra - band but if you must go for them. Contact me I will give you a shipper to handle that.
g). Generally if you must go for an item do it under these two category. Consumable Goods or Luxury.
Mode of Selling: There are many means to sell. The easiest way is through BBM , Konga, Jumia or Nairaland Advert ( I mean paid advert offered by seun on nairaland. ). I know you may say why should I pay 2000naira for an advert for 3-4 days trust me those advert change life. You can't even get such response from google AdSense. For konga and Jumia contact the nairalander. Paradise163 she will explain all you need. And hey believe me konga and jumia is the best for you. More to it than people see. But for now rake in your money fast and clear.
Olx too is another fast means but advertising in popular locations only. Post one advert in about 6 states preferably ( Lagos, Abuja, Kaduna, Ogun, Kano and Portharcoyt ).
Please also note this that the above advice is based on the premise that you want to venture into the buying and selling aspect of importation. And do not make mistake of trying to say you can go alone, meet guys to put you through and give you necessary assistance in one way or the other so you do not experiment with N20,000.
As I take a bow, I will like to hammer once more on my last advice. Please meet someone to guide you do not risk things anyhow. You can meet any of these guys.
MayorAll.
Youngzedd
Initialize
Paradise163 ( she will be so free. Note the other names are very busy guys. But paradise will be free. )
Nivlin
Delaruh
Sterdam
Yemi2plus
9free, etc
Many and many others.
If you want ideas about pricing of items meet Thespecialone, to me he has the best pricing idea I will support however not all times you make items cheap.
In all meet someone to coach you please and please. To further emphasize on you getting a mentor let me leave you with this quote
[size=15pt]What an elder will see when seated , you won't see even when standing on an iroko tree[/size] - Unknown . (but an Igbo adage not so sure though )
Please meet some to guide you. Thanks
Ymodulus

Ymodulus:
I will take the above to be your first time doing business. Well don't get bitter over the loss. Business is a an euphemistic risk in my own definition and the first is always the learning point. Notwithstanding your loss you can make good use of the said amount ( N20,000 ) and make reasonable profit. All depends on your logic and determination and how well you can face the world.


In Importation I always like to classify it into 4

1. The Buyers and sellers. ( They buy item and sell )
2. The Suppliers. They supply item in bulk and get money. Requires more expertise money/ experience and connection )
3. The procurement guys. They buy for people and they pay them
4. Contract getters.



With the sum of N20,000 i have this pin size advice to give you.

1. Do not rush buying any item because you see your mates buying them or its the latest fad in town. Do proper research. At times the most stupid item may be the best selling item.

2. From experience avoid items that involve large money. Try get items that requires less and profit will be high. Let's get it straight in business you have to kill your emotions and its about the final money. If you are to import get items that when you bring them in landing cost should not exceed N2000 and that when you sell them you can make gain of N800 per item at minimum.

Please for your N20,000 do not go about importing these items

a. Female Bag
b. Brazilian Hair
c. Phone. ( You need more strength to sell this but it can be so rewarding mind you. )

Avoid the above liste items. its a 20% success - 80% failure chance. Also your money won't be enough to finance it. And you may not have the required market of which is difficult this does not goes to say you can't make a profit no. But let these be your last options.


Items I did prolly advice you get, are items of less value and weight. You can look into

a ) Slippers : I mean quality in-house slippers, I know you will say am stupid or crazy but sir these is the season and many guys are raking in big money from it. From Adidas to several crazy slippers design, I will send you a manufacturer for this if you want.

b ) Wrist Watches: Like it or not these are selling items. You just need to know the right way to sell it.

c) Female Flat Shoes: female flat shoes are moving like hell. Though am not into them but I can bodly tell you people on it are ploughing in money.

d) Glasses: By glass I mean Designers glasses. Complete replica. Note I said complete replica.These replicas are exactly the same undistinguishable. I mean AAA not AA or A. Meet guys like sterdam / shinaf. They will assist for free on this. And tell you how to sell it and if you are lucky sterdam may be of greater help to you here.

e). Fashion Items: Look for items in general that are used and will get finished everyday. Items that people will always want to keep coming for. Please avoid Cream Tubes as they are contra - band but if you must go for them. Contact me I will give you a shipper to handle that.

g). Generally if you must go for an item do it under these two category. Consumable Goods or Luxury.


Mode of Selling: There are many means to sell. The easiest way is through BBM , Konga, Jumia or Nairaland Advert ( I mean paid advert offered by seun on nairaland. ). I know you may say why should I pay 2000naira for an advert for 3-4 days trust me those advert change life. You can't even get such response from google AdSense. For konga and Jumia contact the nairalander. Paradise163 she will explain all you need. And hey believe me konga and jumia is the best for you. More to it than people see. But for now rake in your money fast and clear.
Olx too is another fast means but advertising in popular locations only. Post one advert in about 6 states preferably ( Lagos, Abuja, Kaduna, Ogun, Kano and Portharcoyt ).

Please also note this that the above advice is based on the premise that you want to venture into the buying and selling aspect of importation. And do not make mistake of trying to say you can go alone, meet guys to put you through and give you necessary assistance in one way or the other so you do not experiment with N20,000.

As I take a bow, I will like to hammer once more on my last advice. Please meet someone to guide you do not risk things anyhow. You can meet any of these guys.

MayorAll.
Youngzedd
Initialize
Paradise163 ( she will be so free. Note the other names are very busy guys. But paradise will be free. )
Nivlin
Delaruh
Sterdam
Yemi2plus
9free, etc
Many and many others.


If you want ideas about pricing of items meet Thespecialone, to me he has the best pricing idea I will support however not all times you make items cheap.

In all meet someone to coach you please and please. To further emphasize on you getting a mentor let me leave you with this quote

[size=15pt]What an elder will see when seated , you won't see even when standing on an iroko tree[/size] - Unknown . (but an Igbo adage not so sure though )

Please meet some to guide you. Thanks


Ymodulus

CLAPZ!!! U JUST GOT ME @ UR BACK FOR THIS

Ymodulus:
She say I stingy. Walahi. Bawo oremi?

initialize:
Pick any of the listed for proper guidance...

urheme:
sir what about you? at least you are available nau

SunnyJ2:
Please which product is the best for nigeria market. I mean the ones that customer will not complain, i intend importing phones from china. which chines product is the best?
@Ymodulus
@Jaydee87
i dey hail, my oga at the top.

owelle22:
I can supply you at wholesale price

if your interested indicate so we can talk business

jaydee87:
well u have good range of mobile from their market but I like cubot more cos the phone is sleek....
sunnyJ2 even lenovo which has the best sales last year is also a very good product..... but I prefer you go for cubot cos those I got the phone for have not complained yet...

Paradise163:
SunnyJ12 young has said it all

make good use of all tips
the season for good business is here

believe in yourself
work hard and see yourself smiling
#success

SunnyJ2:
@Jaydee87 thanks for the suggestion. please what payment method do use, i mean, Western union, UBA Africard, GTB naira master card or which one? i was told GTB naira master card is the best. is it true?

jaydee87:
well I av used both banks but I advice you use UBA master card cos I tink am satisfied with them.. always use escrow means of payment....

dasanchez1:
Access is good. low exchange rate compared to UBA MasterCard

jaydee87:
well I av used both banks but I advice you use UBA master card cos I tink am satisfied with them.. always use escrow means of payment....

jaydee87:
at Sanchez good to know how much do access charge for per dollar.

Ymodulus:
URL: mengjianxieye.1688.com/
Price: I won't paste the price I got if for here, because it may hamper your ability to sell. But I got it about 3 times cheaper than Alibaba.


Just chat with the lady then upload the slippers to her as a picture and tell her you want it. Please also why importing it note that it falls under custom category of Rubber and contraband, so they may add 20 extra on clearance fee. You get me. I stated this so you do not feel the freight company cheated you


If you need courier service to transport it to any state via PEACE MASS TANSIT for #100 contact me. I will send you as a text. But first I must confirm you have those slippers, as I won't want to ruin my only contact.

SunnyJ2:
@Jaydee87 do i need to open account before i use uba africard? please what are your challange paying escrow. is there any difficulties in the payment system? how will they know the particular goods you pay for?
if you are buying from a different seller will you pay for all at thesame time through escrow?
please your response will mean alot. thanks!!

dasanchez1:
I heard that exchange rate is high as of the moment. I used UBA MasterCard when I started the business until the time Yemi2plus introduced me to Access visa card .
At the moment , keep checking out the threads for more news on exchange rate.

jaydee87:
yea u right exchange rate is high presently cos of our naira fall, well I will give access a chance but I prefer uba
u know its good to try other options.... but just help confirm the rate...