Last Updated on May 19, 2020 by Anselem
HOW TO START UP A MINI IMPORTATION BUSINESS IN NIGERIA WITH JUST N10,000 – ZIGIHOW.COM.NG
Mini Importation Business has really become a hot cake in Nigeria and probably in any country of the world. This involves Importation of low budget Products or goods and resale for a higher moderate price for the sole aim of making profit. You can also read How to start up a low budget Diy skincare business.
What Is Mini Importation Business?
Mini Importation Business Simply refers to a process whereby low budget products are imported into the country, for resale at a reasonable amount for the sole aim of achieving financial gain or profit. This business is mostly done by young entrepreneurs, it’s a starting point of business with low budget, gradually with your profit Optimization, you can grow your Importation business into a very big one.
How Do I Start Mini Importation Business?
My immediate younger brother and my sister are involved in mini Importation business and I can testify they are really doing well. They do import jewelries, such as necklace, pendants, chains, ear rings, finger rings etc. And resale them at a reasonable higher amount.
They do order their goods from AliExpress, the biggest online shopping website in China. AliExpress sells alot of unimaginable cheap items, ranging from jewelries, shoes, cloths, bags, cosmetics, gadgets (Phones, laptops, memory cards, phone chargers,) etc. But the most cheapest of all categories are jewelries, that’s why my younger brother and sister went for them and they are really making huge profit out of the business.
In AliExpress website, you’ll get to see lots of beautiful eye catching jewelries at a lower price, for example. JQUEEN Ethnic Crystal woman style Sweater Chain Necklace goes for $1.94, which is equivalent to 698.40 Nigerian Naira. Very cheap.
LUlmo 16pieces Finger jewelry vintage Rings For Women, goes for $1.65, which is equivalent to 594.00 Nigerian Naira.
There are lots more cheaper Products on AliExpress which you can order, and resale for a reasonable price, favourable to you for profit making.
Equipments To Start Mini Importation Business.
You’ll be needing Your Debit Master card for ordering items online from AliExpress and also you need to create an account on AliExpress. Follow this link to create an account on AliExpress.
AliExpress is a very safe e-commerce website to order your items, and they will definitely be delivered to your preferred location. The good thing about AliExpress is their free shipping service, you can order all you want and they will be shipped free of charge, no shipping fee cost involved, though shipping free service takes a longer time before the product arrives from China to your location, but if you want your items to arrive faster then use non free shipping method.
AliExpress has wonderful customer service which attends to customer 24hours with instant and prompt response. They also ask you for a refund or a reshipment if eventually your items gets damaged on the way before it gets to you.
Below is a screenshot of the conversation held between an AliExpress seller and my brother on repayment of funds after one of his ordered item was damaged.
What Should Be My Budget?
You can Start with as low as 10,000 Naira. That’s the exact amount my younger brother and sister started with, and they have grown their profit x4 of what they started with.
But if you have enough capital, you can start with Importation and resale of shoes such as: women’s shoes, women’s flat shoes, women’s pumps shoes, Women’s vulcanize shoes, women’s boots. Male shoes, men’s casual shoes, men’s Vulcanize Shoes, men’s boots. Etc.
Phones & accessories, such as: mobile phones, phone bags and case, power banks,
Female wears, such as: dresses, blouse & shirts, hoodies & sweat shirts, sweaters, jackets, jumpsuit, suits and sets, rompers, body suits etc.
Male wears, such as: hoodies & sweaters, jeans, boxers, shirts, jackets & coats, suits & blazers casual shorts, board shorts etc.
Wrist Watches, such as: Men’s watch, women’s watch, lover’s watch, children’s watch, women’s bracelet watches, Pocket & Fob Watches etc.
Beauty & Health, such as: Makeup, nails art & tools, health care products, skincare products, hair care & styling products, shaving & hair removal products, bath and shower products, oral & hygiene products, etc.
All the above mentioned products are at a reasonable cheaper price on AliExpress.[JOIN US ON TELEGRAM!!!]