If you are looking for a profitable business you can start and make money in Nigeria, then mini importation should be one of your best options because it is easy to start and requires little capital.
This particular business idea has given young and old people the opportunity to become their own bosses, especially at a time the unemployment situation in the country is showing no sign of improvement
You don’t need to rent an office or shop before you can start, it can be done fully from home since you can simply leverage the internet to market and sell your products
If this is one business you would like to start, then keep reading till the end to learn more.
What is Mini Importation and How does it Work?
Mini importation is buying or importing products in small quantities and selling at a profit, as the name implies, you don’t need to import in large quantities, this is for big businesses and those into mini importation often buy in KGs and this allows the size of the package to be small in order to be shipped at a very low amount
China is the no 1 destination for Nigerians who are into mini-importation due to cheap products and easy shipping. There are other countries you can import from including, Turkey, India, Vietnam and Dubai
There are agents you can work with to help you source for products and also facilitate the shipping through reputable logistic companies
Why start Mini Importation?
- Low Capital: You don’t need to break the bank before you can start, a little capital is okay and it is always advisable to start small and grow big
- Easy to Start: You can simply go online to start research about hot selling products and then work with verified agents who are based in China to help you source, pay for the products, package and ship to Nigeria through available logistic companies
- Highly Profitable: You can import with small capital and sell at a high profit to 10x your income
Who is this For?
You can start the business even if you are
- A stay-at-home mum or housewife
- A Student
- Graduate without a job
- An employee looking for an extra source of income
- An entrepreneur
Requirements for Mini Importation
- A capital
- An agent (especially as a beginner, for products sourcing and purchase)
- A logistic company to help you with shipping to your location
- The products you want to buy
How profitable is mini importation in Nigeria?
Mini importation is and will still remain one of the most profitable businesses you can start in Nigeria and this is because you buy cheap and sell high which gives you much profit and this is why many people are taking advantage of it daily
How much does it cost to start a mini importation?
One of the reasons many people are doing this business is because of the low capital it requires to start and with as low as N30,000 you can start your own lucrative mini importation business
How to Start Mini Importation Business in Nigeria
- Decide on the product(s) to import
Start with research to know products that are in high demand, you can go on Jumia or Jiji to learn more about hot selling products in Nigeria and then visit 1688.com, taobao.com or aliexpress.com to check these products, they are always cheaper on these sites but the cheapest of them all is 1688. Once you are satisfied, simply copy and compile your products links
NOTE: The language used in 1688 is mandarin (Chinese), you can use the translate feature in Chrome browser and change to English.
- Get an Agent
If you are a newbie it is better to work with an agent, they will advise you on the best way to go about it and avoid falling a victim to scammers. You can send your products links to them and relax while they handle everything from sourcing, and discussing with the suppliers, buying, packaging and eventually shipping the products.
The good thing is that these agents are Nigerians and accept payment in naira
- You will need a logistics company
Once your package is ready, you can rely on them to handle the shipping down to Nigeria and some of them have offices in Nigeria for easy pickup
How to Market and Sell your Products
Congratulations your products have finally arrived in Nigeria and nest you need to market them for interested people to see and buy from you, here are proven marketing strategies you can utilize effectively:
- Build your own website
This is one of the best ways to sell your products online and with a website, you can simply display your products in a nice layout, drive traffic to it, and integrate a payment gateway like paystack or flutterwave in order to accept payment easily from your customers.
To build a website, you need to register a domain name and purchase web hosting, you can get a free domain and affordable hosting from Bluehost and after that use, WordPress to successfully build your online store. If you are not a tech person building a website might be a hard task, you can simply contact us through WhatsApp and we will handle everything for you from buying the domain and hosting, installing WordPress, designing your online store and delivering to you within 5 – 7 days.
- Search Engine Optimization (SEO)
Optimize your website to appear on Google so that your potential customers can see it when searching for your products and if you do this effectively, you can generate a lot of sales even with zero money on adverts
NOTE: If we design your website, we will also optimize it to be SEO-friendly at no extra cost to you.
- Google Ads, Facebook Ads and Social Media Marketing
You can run ads on Google, Facebook and Instagram to generate sales real quick, and also post daily on social media to build an audience around your business.
Mini importation is one of the most lucrative businesses you can start and make money in Nigeria, it requires a low startup cost, and you can work from home selling to your customers online.