How To Make Money Online Doing Mini-Importation Business
Online business is now creating opportunity to many Nigerians and the world at larger.
You can now go into different online business such as affiliate marketing, referral programs,
blogging,pay per click, paid to tweet, and many more but to mention few.
For the purpose of this tutorial, we shall be looking into how you can
earn money by importation business.
Importation business is and had made so many Nigerians to be who they
want to be today.
They simply imports selling stuffs into the country and sell it at a
moderate or discount price to Nigerians
and make profit. Profit made varies and depends the amount you sold the
product and the quantity you were able to import into the country.
lets do a brief calculation below of how a Nigerian made
He bought 50 watches at a rate of $4.5 each which is approximately N705.
This is
an usual price because the watch(originally coated with Gold) is sold
N2500 in Nigeria and moreover, that's the least price you can get it. So
he ordered for 50 pieces and paid $225 to the seller. The product was
successfully
shipped to him within 3 weeks. When the product arrived, he decided to
sell the watch at a discount price of
N2000 because he was in urgent need of cash and that is N500 off the
usual price and believe me he sold off all the watches within 1 week.
HOW?
Well he didn't sell the watches by himself, he gave his sister, a third
year student to sell the watches and due to how beautiful the watch is,
the student had to queue up to get the watch and within 1 week the watch
had been exhausted and others were complaining that they couldn't buy.
If you are looking for an online business that you can make real time
profit from, then i suggest you make your self part and parcel of this
trending business. lets now know how much he made from selling those
watches he bought.
Total amount he spent buying the watches ======>$4.5 x 50 =
$225(39,375)
Total amount he made in selling off the watches=======>N2000 x 50
=N100,000
Total profit he made in selling off the watches i.e the total amount
made in selling off the watches minus the total amount spent in buying
the watches.
Therefore, profit made were 100,000 - 39,375 =======>N60,625 in real
profit.
So you see, the more money you invest, the higher your profit will be. Some of the websites you can start importing are EBAY,AMAZON,DHGATE
etc. So you can make more research to find out some of these sites.
In my next post, i will be discussing the first step to take before you
can start importing and also the basic requirements you need to start
importing as well as how you can get it.
Tags: Free Online Biz Tip, Online Money. Mini-Importation Biz



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1 Respones to "How To Make Money Online Doing Mini-Importation Business"
Thanks a lot for this post, expecting more on this
3 October 2013 at 10:04
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