Monday, 9 July 2018

Guide on How to Start Mini Importation Business in Nigeria 2021

Mini importation business is one of the ways to make money online in Nigeria today, but a lot of people are yet to avail themselves to the possibilities that is involved in this online business.

Mini Importation business is one of the fastest growing business you can get involved at convinency of your home, little Start up Capital and gives you the opportunity of attending to other business, which means you can do this business along with any other forms of business. It is very easy business to start with little or no mentorship.

This post will be revealing all the secrets involved in Importing goods from china, UK, Asia and other countries. It will tell you all what you need for the the business, the sites to import those goods, how you will use free ship to transport the goods down to your home or shop, how to select quality products and other things you will need to be successful in ordering of goods from the foreign countries.

The mini importation business is just an online small scale importation business model where a person with small capital can import goods from China at a low price and sell in the country at a higher price. It involves basically buying and selling. The only difference here is that you as the seller buy from outside Nigeria and then sell the goods in Nigeria. This if done right is highly profitable and lucrative and before you know it, you are on your way to a financially independence life.

The importation business is so cool that with less than ten thousand naira (#10,000), you can start a mini importation business and earn a handsome profit. The return on investments is mostly massive and it is so fun to engage in it.

In mini importation business, there is no need for a middleman or retailer, you get the goods directly to you from the manufacturer, and this is what makes the getting of goods very cheap for you.

Requirements to begin Mini Importation Business

If you want to do the mini importation business, you have to tick some basic requirements, this will set you in a pole position to avoid mistakes and errors and afford you the chance to enjoy your importation journey.

To begin importing, you will need the following in place already:
  • A valid home address
  • A naira MasterCard or visa ATM issued by any Nigerian bank of your choice
  • A startup importation capital {at least 10,000 naira}
  • The websites or online portals to do your cheap shopping.
  • A shipping company that will get your goods to you.
  • Knowledge of Mini importation business.
As you can see, the mini importation business does not really entails a lot of commitment from you, this is one of the reasons why it is one of the best online businesses you will ever venture in.
Most of the goods are very cheap so if you can imports the ones of high quality, your profit margin will really be mind-blowing.
  • A valid home address
This is important and it is basically where you stay. Most of the time, the postman or post office will usually call you to come to their office to collect your goods.
But the best thing you do is to input your valid home address, in the field provided when you are ordering for these items through your shipping company or you can always go to their office to claim your imported goods.

The reason is that your home address will determine the post office that your items will be sent to. It will be sent to the nearest post office to you.
  • A naira MasterCard or visa ATM issued by any Nigerian bank of your choice
The need to have a MasterCard or visa card is to make payment process very easy. Also, PAYPAL now accept Nigeria’s but you can only make payments.

Make sure you use new generational banks like ZENITH, GTbank, ECOBANK, DIAMOND BANK { this are cards I have personally tried to be working very well}. A startup mini importation capital {at least 10,000 naira}

This capital may look very small, but when I open your eyes to the prospects and benefits of goods you can shop for very cheap, you will understand why the profit margin is always very high.
  • The websites or online portals to do your cheap shopping.
Now you need the merchants website to carry out your shopping, there are many sites around, some that you must have heard off but I tell you.
In the mini importation terrain, there are series of secret websites that are only known to those in the trade.
  1. eBay
  2. Amazon
  3. New Egg
  4. AliExpress
  5. Ever Buying
  6. DH Gate
  7. IP mart
  8. Dino Direct
  9. Cellular Country
  10. Made In China
  11. CellularCountry
  12. Martview
  13. DealExtreme
  14. 1688
  • A shipping company that will get your goods to you.
If you are interested in using free shipping then select free shipping to Nigeria option on top of the page when doing the search.  The problem of free shipping is that it takes too long to arrive; it can take 2 months.

How Profitable is the Mini Importation Business

The mini importation business is very profitable and like I stated before, the profit margin is really great and enticing.

There is a popular misconception that you need to start with a huge amount of money, all that is bullshit, you can even start with just 10,000 naira.

Let us run this mathematics, you get 10units of 5,000MaH power banks at the rate of 1,000naira per unit. Those power banks go for 5,000naira in Nigeria. Just do the simple arithmetic and see the profit potential already.

What You Should Note Before Starting Mini Importation Business

There are some important things to note before you begin your cheap mini importation business in Nigeria. You have to know the maneuvers and tactics to avoid stories that touch, Go for products with “FREE SHIPPING”

Most goods tend to cost you a fortune to send them down to Nigeria, but there is even a special package, here the sender gets the product to you in Nigeria for FREE!

The only downside here is that, the goods may take longer to get to you. You really have to be very patient with the sender.

The sellers use this as an opportunity to more buyers and they are usually sent through China mail air post or Hong Kong mail services TO YOUR STATED RESIDENTIAL ADDRESS HERE IN Nigeria.

  • Search for a great but cheap brand to import
There will be a huge number of products on the mini importation sites and portals, there will also be a lot of producers and sellers for a single product type. It is better to go from the cheapest products as this will increase your profit margin considerably.

  • Your transactions and money are safe
All the transactions on the mini importation sites I will list later are all secure and legitimate, they are covered by a service called escrow, which tend to offer full buyers protections.

Internet escrow works by placing money in the control of an independent and licensed third party in order to protect both buyer and seller in a transaction.

If after receiving the goods, you do not like them or there are defects, you can ask escrow not to pay the seller until the goods are changed.

Even before disbursing the money the seller of the product, you have to confirm the receipt of the product and confirm it is in good condition or not to facilitate the refund of the money paid for the goods within the stipulated time.

Aliexpress and Dhgate offer reimbursement services and return your money if you are not satisfied with the product. It is always time framed and reliable.
  • Do not import Contraband and banned goods
Some goods are not welcomed in this country. You have to be sure the goods you are about to purchase is a legitimate one and not a banned one.

Mini importation is a business you can venture into, so far you have the capital and little knowledge on how you can surf the internet. Nowadays, Most people now buy in one of the largest Business to Business website popularly known as we have made you a simple and Comprehensible post on how you can also start buying your products on the site. Click HERE to learn how to do so.

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  1. Thanks a lot bro. This site really opened my eyes to a lot of possibilities . God bless you bro . I will like to contact you. Maybe Facebook or what's app. I need your advice please . Thank you so much. Keep the good work up.

    1. You are welcome bro, you can message me on WhatsApp with +2348069655568