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Nairaland Forum / Nairaland / General / Business / Is The Mini-importation Business Still Lucrative? (633 Views)
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Is The Mini-importation Business Still Lucrative? by TONYE001(m): 8:18pm On Oct 31, 2020 |
Hi. I’ve gone through quite a number of threads about importation. Sad thing is, most of these threads are at least 3 years old so I don’t know what’s obtainable currently. I would like to try this business and I may do a real time update here as I go through the steps. I am considering importing power banks but I’m open to better options from the professionals. Please brothers and sisters, is this business still lucrative? What budget is good enough? Big, big thanks. 1 Like |
Re: Is The Mini-importation Business Still Lucrative? by Prechy08(m): 8:49pm On Oct 31, 2020 |
exactly 3 year ago and backward it was a boom and people were making a kill especially GEJ regime when a dollar was a low as #170 now with the current exchange rate how u wan carry sell. remember the lower the price the more patronage now people look at price not quality. though with any price you will still sell but the turnover won't be there. back in those days I get an average of 10 order per day with a profit of just #1000 per item that is 10k daily but now we struggle to get 1 order. you can go ahead but don't buy expensive stuff 2 Likes |
Re: Is The Mini-importation Business Still Lucrative? by nasamu1010(m): 10:08pm On Oct 31, 2020 |
Try paying for your stuff your self, I think that way you can cut down on expensive. Dollar is a major set back and our Nigerian agent. 1 Like |
Re: Is The Mini-importation Business Still Lucrative? by TONYE001(m): 5:48am On Nov 01, 2020 |
Prechy08: Wow. This is true. With the climb in the cost of things, profit is now marginal plus demand must have dropped too. Aside power bank, what do you think may sell in a student environment |
Re: Is The Mini-importation Business Still Lucrative? by TONYE001(m): 5:49am On Nov 01, 2020 |
nasamu1010: Thanks for your response. Please, what do you mean “paying your stuffs yourself”? |
Re: Is The Mini-importation Business Still Lucrative? by TONYE001(m): 12:53pm On Nov 01, 2020 |
More reviews, please... |
Re: Is The Mini-importation Business Still Lucrative? by Exoclassic: 1:09am On Nov 02, 2020 |
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