Sotherefore
VIP Contributor
Importation is a business that deals with buying and bringing in of foreign products from abroad into one's country for the main purpose of reselling it for profit. It is a lucrative business since these imported products are usually on high demand . Most people preferred foreign product because they consider it more reliable than the locally made products. The term mini importation deal with Importation of simple and less bulky product that won't necessarily needs a huge capital requirements .
Importation of products can be done by anyone with access to a mobile phone , personal computer with an internet connection. You do not need to be there since everything can be done at the comfort of your home. Anyone who might be interested to start importation business should follow some of the steps listed below.
1) IMPORT HIGH DEMANDING PRODUCT ONLY : Your niche of importation must be high demanding , Importing products randomly without choosing the most demanding could be detrimental to your business capital. When products can't be sold easily , it could slow down your business progress and chain down your business capital which could prevents you from realizing maximum profits, especially for importers with a limited capital.
Because of this , looking forward to import product that are highly demanded will save you from the stress of struggling to sale product that are not needed.
Importers are always looking forward to import electronic and fashion products since these products are always demanded in almost all location.
2) PAYMENT METHOD: There are different payment method to choose from. Having more than one Payment method make it easier to carry out transactions and payment of goods across different shopping site.
The most popular payment method is PayPal , Amazon pay , skrill , payoneer , cryptocurrency in most cases and master card being the most popular . When most of these payments methods are available you can easily pay for product without any inconveniences.
3) SOURCING FOR PRODUCT ON DIFFERENT INTERNATIONAL SHOPPING SITE:
As a mini importer , you won't deal with importation of large goods, Since you only import simple products, it is easier for you to have access to these product online. They are available on AliExpress, Amazon and so many others . With your PC , it is easier for you to get in touch with the supplier of these product and ordered for any product of your choice at the comfort of your home.
It may be a bit challenging to get a Trusted supplier who is willing to help you genuinely, Because of this it is saver to get in touch with suppliers with better rating since some may not trusted.
NOTE: Messaging them directly and asking for a discount as a bulk buyer could help you buy product at a lower price which could increase your profit potential.
In all the same , your supplier must be willing to help you ship your products to any of your preferred location.
Shipping of goods to your country should only be handled by a trusted shipping company , There are so many of them depending on your country. This will cut off the risk of losing your goods .
4) SELLING YOUR IMPORTED PRODUCTS
If the product you ordered are high demanding , selling will be easier.
There are two different ways of selling your imported products. A lot of importers will prefer to sell their imported products online using a local shopping platform like jumia for Nigeria and some African countries .
At the same time , some importers would like to sell their imported product offline.
Whichever method you prefer to use is profitable if the demands for your product is high , When the demand is high, obviously the chance of making profit from what you imported will be higher .
It is also important to research to understand the most suitable way of selling your product easily without stress...
Importation of products can be done by anyone with access to a mobile phone , personal computer with an internet connection. You do not need to be there since everything can be done at the comfort of your home. Anyone who might be interested to start importation business should follow some of the steps listed below.
1) IMPORT HIGH DEMANDING PRODUCT ONLY : Your niche of importation must be high demanding , Importing products randomly without choosing the most demanding could be detrimental to your business capital. When products can't be sold easily , it could slow down your business progress and chain down your business capital which could prevents you from realizing maximum profits, especially for importers with a limited capital.
Because of this , looking forward to import product that are highly demanded will save you from the stress of struggling to sale product that are not needed.
Importers are always looking forward to import electronic and fashion products since these products are always demanded in almost all location.
2) PAYMENT METHOD: There are different payment method to choose from. Having more than one Payment method make it easier to carry out transactions and payment of goods across different shopping site.
The most popular payment method is PayPal , Amazon pay , skrill , payoneer , cryptocurrency in most cases and master card being the most popular . When most of these payments methods are available you can easily pay for product without any inconveniences.
3) SOURCING FOR PRODUCT ON DIFFERENT INTERNATIONAL SHOPPING SITE:
As a mini importer , you won't deal with importation of large goods, Since you only import simple products, it is easier for you to have access to these product online. They are available on AliExpress, Amazon and so many others . With your PC , it is easier for you to get in touch with the supplier of these product and ordered for any product of your choice at the comfort of your home.
It may be a bit challenging to get a Trusted supplier who is willing to help you genuinely, Because of this it is saver to get in touch with suppliers with better rating since some may not trusted.
NOTE: Messaging them directly and asking for a discount as a bulk buyer could help you buy product at a lower price which could increase your profit potential.
In all the same , your supplier must be willing to help you ship your products to any of your preferred location.
Shipping of goods to your country should only be handled by a trusted shipping company , There are so many of them depending on your country. This will cut off the risk of losing your goods .
4) SELLING YOUR IMPORTED PRODUCTS
If the product you ordered are high demanding , selling will be easier.
There are two different ways of selling your imported products. A lot of importers will prefer to sell their imported products online using a local shopping platform like jumia for Nigeria and some African countries .
At the same time , some importers would like to sell their imported product offline.
Whichever method you prefer to use is profitable if the demands for your product is high , When the demand is high, obviously the chance of making profit from what you imported will be higher .
It is also important to research to understand the most suitable way of selling your product easily without stress...
