Thursday, 15 February 2018

How To Start A Mini Importation Business In Nigeria With N10,000


This article will show you how to start up a Mini Importation business in Nigeria with as little as N10,000 Naira. 

Some years back it would have been almost impossible to start an importation business with a little meager capital as N10,000 but thanks to the internet and the power of social media,you can start up an importation business and make money out of it,all you need is to follow the following steps.
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Also you should know that you do not need to hire the services of an agent,or visit any seaport to clear your goods,your ordered items will be shipped straight to your location.

How To Start A Mini Importation Business In Nigeria With N10,000

1. Products To Be Sold


You have to make your own research and look for some fast selling products in your vicinity. 
Because after importation you will need to sell your imported products in other to make profit and expand.

Check out products like smartphones,phone accessories,shoes,house hold items Etc look out for items that are in high demand in your area.

 2. Where To Buy

After making an extensive research on what to import, the next step should be where to buy these items.  

You however have to be very cautious when shopping online via some websites because of online scammers. 
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So it's necessary that you shop from well known online stores that can even sell to you at a wholesale price. 

See: How To Become An Air Hostess In Nigeria

I personally recommend Aliexpress.com because I shop and import items from the China based company and you can buy almost everything you need from that website. 

There are also some other popular ones like  Dhgate.com, ipmart.com Etc

3. Product Quality

One of the disadvantages of shopping online is that you cannot determine the quality of the item you are about to purchase and it's necessary that you supply your customers with high quality goods at a cheap rate.

You however have to find a way to know quality goods,most times pictures can be deceptive. 

4. Read Product Reviews And Feedbacks

That is another way that you can use to determine product quality and also a way to know if a seller is dubious or if the seller has some other hidden charges. 

Before buying any product from any online seller,make sure you read the product reviews and comments from other buyers and previous customers.

Also check the section for feedbacks. 

5. Payment Method


I would recommend that you stay away from Paypal for now because there are still some restrictions.


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Currently I use my GTBANK naira based master card to shop and order items online from Ali Express. 

The only downside to this is the unstable dollar to naira exchange rate,because items ordered will be in dollars while you will be charged the naira equivalent,the amount will be deducted from your bank account.  

See Also: How To Start A Concrete Block Business In Nigeria


6. Shipping Cost

Determine how much you want to spend on shipping as you begin your mini importation business. 

Some sellers offer free shipping which will be delivered to you within 30 business days. 

If you want your items to be delivered quicker within a few days,you can use other faster shipping companies like Fedex Etc but you will have to pay for their services. 
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You will be notified by Nipost when your item arrives,visit their office with any ID card or a proof of identification in other to collect your imported goods.  

7. Selling Your Products

Once your products arrive,its now up to you to start selling your products. 

You can sell to your family,friends,colleagues Etc also market your products on social media like facebook,Instagram. 

You can also set up your own online website or sell your goods on Konga Market Place, GTB SME market hub Etc

Always remember to import and sell quality items in order to attract and retain as many customers as possible.

Endeavor to have the contact or numbers of all your clients so that you will be able to notify them whenever your new products arrive. 

Goodluck!


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