Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,220,963 members, 8,047,213 topics. Date: Wednesday, 08 January 2025 at 05:47 AM

Small Business Idea You Can Start With 50k And Make 50k Weekly - How I Did It - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Small Business Idea You Can Start With 50k And Make 50k Weekly - How I Did It (807 Views)

I Got Credit Alert From A Loan App I Did Not Apply For (Photos) / Bank Fraud!!! What I Did And How I Got My Money Back / Are You A Student With 50k And A Laptop? Then Come In Here. (2) (3) (4)

(1) (Reply) (Go Down)

Small Business Idea You Can Start With 50k And Make 50k Weekly - How I Did It by CitynewsNG(m): 7:51am On Jul 23, 2023
How I made 50k in 12hrs, from Items I bought 36k in Lagos


Yeah, You heard me right, as a YouTuber and a content creator, the other good way I choose to make small cool cash in Nigeria is through E-commerce and I don't even do it in a big way unlike many guys making millions in it, who do Facebook ads etc to promote their goods.

So How did I make this money in 12hrs? You may wanna ask..

Well, I was online one day when I saw this kids learning gadgets and I got interested. I wanted to buy for my daughter but something told me I could do more than buying just one.

I searched for a supplier in Lagos, and got one woman with the cheapest price. She sells at far lesser price that could give you good profit. I later got one item at N3000 and I bought 12 pieces to start with. That's 36k. But not before I run a test on the business through my strategy.

I noticed people running Facebook ad for it are selling 10k, to attract price sensitive customers, I put mine at N8000.

I went online to get more information about this item and got promotional videos for it. As a content creator online already, I quickly did a voiceover advert on it and shared it on Facebook and Tiktok.

I forgot about it and started looking for when my first customer will come and the second day, a lady messaged me through a WhatsApp no I added to the video advert and that was it. She needed 2.

But there was a challenge, her place was so far in Ibafo Ogun State that delivery will finish all the money. I asked all riders willing to go there many were saying 10k to deliver. Well I got one that eventually says he will take 7k.

If you remove 7k from two items the woman is going to buy at 8k each, that's I will be left with 9k out of 16k. If I remove the cost of the items at 6k for the two, I will be left with just 3k..Not a good gain at all. I then told the woman to sell just two for me first, and bargained with the buyer that her place is far, she should spare 4k for delivery I would pay the rest. She agreed.

That's how she paid 20k..
The woman supplied the two pieces at 6k

I gave rider 7k and I was left with 7k as a profit.

Seeing this gain, I then bought my first order, the big news of this post at 36k.

Watch the next of my experience in this YouTube video.


https://www.youtube.com/watch?v=CGiJ-jllCsU
Re: Small Business Idea You Can Start With 50k And Make 50k Weekly - How I Did It by Prince202020(m): 8:00am On Jul 23, 2023
Ok
Re: Small Business Idea You Can Start With 50k And Make 50k Weekly - How I Did It by CitynewsNG(m): 8:04am On Jul 23, 2023
Prince202020:
Ok
How I hope you find it helpful
Re: Small Business Idea You Can Start With 50k And Make 50k Weekly - How I Did It by amp01(m): 8:43am On Jul 23, 2023
CitynewsNG:
How I hope you find it helpful

Hello.
What did you say, you are selling?
Re: Small Business Idea You Can Start With 50k And Make 50k Weekly - How I Did It by CitynewsNG(m): 9:27am On Jul 23, 2023
amp01:


Hello.
What did you say, you are selling?

Kids learning material
Re: Small Business Idea You Can Start With 50k And Make 50k Weekly - How I Did It by amp01(m): 11:48am On Jul 23, 2023
CitynewsNG:


Kids learning material

Which ones?
Re: Small Business Idea You Can Start With 50k And Make 50k Weekly - How I Did It by CitynewsNG(m): 3:19pm On Jul 23, 2023
amp01:


Which ones?

You really want me to tell you? Go and do your research. Or bring 5k, let me tell you and also get you suppliers..
Re: Small Business Idea You Can Start With 50k And Make 50k Weekly - How I Did It by amp01(m): 7:02pm On Jul 23, 2023
CitynewsNG:


You really want me to tell you? Go and do your research. Or bring 5k, let me tell you and also get you suppliers..

I should pay you 5,000 to tell me about a product u are selling.
Guy, go and learn how to present your product.
U just lost a customer.
There are more than 50 children learning aids.
Re: Small Business Idea You Can Start With 50k And Make 50k Weekly - How I Did It by CitynewsNG(m): 8:12pm On Jul 23, 2023
amp01:


I should pay you 5,000 to tell me about a product u are selling.
Guy, go and learn how to present your product.
U just lost a customer.
There are more than 50 children learning aids.

I'm not looking for products customers here, rather I created this video to help others who may want to do same business on what hot product to sell and make good gains. I have ways of making my customers already. I'm not telling you any product. Thank you. Go and learn about information marketing.

(1) (Reply)

12 Businesses Owned By Aliko Dangote You Probably Didn’t Know / Tapswap Not Opening, What Is The Problem / Bulk Purchase Of Mtn Lines

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2025 Oluwaseun Osewa. All rights reserved. See How To Advertise. 19
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.