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Importation Business; What's Your View - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessImportation Business; What's Your View (546 Views)

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Importation Business; What's Your View by ennyjay2010(op): 4:44pm On Jul 24, 2015
Now that dollar is very high in the market,
how are you surviving ?

Have you pend importing goods or still making it through.

Share your view !!!
Re: Importation Business; What's Your View by Pamelayoung: 8:06pm On Jul 24, 2015
Exactly, and 2 say that the cloths are even substandard is d most annoying.
Re: Importation Business; What's Your View by iMerchant: 12:04am On Jul 25, 2015
ennyjay2010:
Now that dollar is very high in the market,
how are you surviving ?

Have you pend importing goods or still making it through.

Share your view !!!
If you identify your business goals before starting this business and understand your target market very well, then slump in Naira will not stop your business.

Truth be told, slump in Naira will increase your cost of doing business so also will it increase your profit.

Bitter truth - Slump in Naira will reduce the purchasing power of salary earners who are basically consumers because cost of living will increase while salary remain constant.

Bittest Trust - Slump in Naira worsening consumers spending power so also is the non payment of salary by the government, so expect sales to drop.

My Advice - Source your product smartly.

Just my 2 cents.

#Smiles
1 Reply

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