Hello everyone please here is a thread for mini importers to discuss problems they face as a result of slump in naira value.

How do you men/women survive.

Abeg your input is needed.

Merry Christmas

No be small thing bro....

Akinmail:
Hello everyone please here is a thread for mini importers to discuss problems they face as a result of slump in naira value.

How do you men/women survive.

Abeg your input is needed.

Merry Christmas

You sell what you buy. It is an opportunity for smart investing and returns.

What are your challenges with the slump in Naira. Share and people will help out.

iMerchant:


You sell what you buy. It is an opportunity for smart investing and returns.

What are your challenges with the slump in Naira. Share and people will help out.

Let's say you sell a "luxury good" something that isn't really needed.
like all these wireless mouse but your focus is on how stylish they are and more importantly the price being very very close to 1000 naira plus or minus.

it's not food so anything costlier than that range will put the business in trouble.
Now that it's costlier to buy maybe buying and selling some other stuff is the solution.
But identifying what to buy and sell now is a big problem especially when you keep your market in mind

Akinmail:


Let's say you sell a "luxury good" something that isn't really needed.
like all these wireless mouse but your focus is on how stylish they are and more importantly the price being very very close to 1000 naira plus or minus.

it's not food so anything costlier than that range will put the business in trouble.
Now that it's costlier to buy maybe buying and selling some other stuff is the solution.
But identifying what to buy and sell now is a big problem especially when you keep your market in mind

1. Don't sell something that you can scale. Sell what people really need.

2. Search for cheaper source. I use to import some stuff for $18 per unit when Naira slump in value, I search for other source with the same quality and now buy it for far less than that $18.

3. Negotiate for free shipping via DHL with your supplier. Pass the cost savings from your supplier to your customer.

4. Expand your product offering. Have a cash-cow product or a complimentary product that sell your "Luxury goods"

5. Buy in bulk.

hi imarchant can you help me buy 3 products from alibaba or aliexpress ? I just need for personal use. This my email okoroisrael522@gmail dot com. Or whatsapp me on Any other person into mini importation can contact me too

africanman85:
hi imarchant can you help me buy 3 products from alibaba or aliexpress ? I just need for personal use. This my email okoroisrael522@gmail dot com. Or whatsapp me on 08032655418. Any other person into mini importation can contact me too

Sir you can do it yourself. It is very simple.

Visit aliexpress.com
Search for the product you want to buy.
Use your MasterCard or Visa card to make payment.


Before you buy anything, make sure you check the following:

1. Product rating.
2. Feedback from other buyers.


Those two things are very important especially feedbacks and rating from other buyers.

Let me know if you need further assistance.

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