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How to Start Mini Importation in Nigeria 2022

How to start Mini Importation

How to Start Mini Importation in Nigeria. Africa is one region of the world where there’s a dearth of quality products of all kinds, for this reason, demand for products is always high and those who have carved a niche for themselves as importers are cashing out heavily and happily. If you go through this publication carefully, you can start mini-importation in Nigeria.

Thankfully, with the advancement of technology, it is not only easier to join the league of importers. Do you know can start the business with a meagre amount like ₦30,000? Small-scale importation can be started with that amount.

You may have come across videos online that deliver lessons on mini-importation. This publication also amplifies how mini-importation works.

Understanding Mini Importation

Importation is simply buying goods from countries other than where you are currently resident. In the context of mini-importation in Nigeria, it means buying goods/products from other countries like China, Singapore, Japan, America, Canada and etc.

The primary aim of importation is for personal use or profit but our focus is to guide you on how to import products from other countries, with big stores and marketplaces.

Why Mini-importation?

Mini importation is a relatively cheap business to start in Nigeria. You can foot the capital of this business with as little as $50 (₦30,000).

This business does not require moving from one place to the other as mini-importers can stay in the comfort of their homes and import all kinds of cheap products using smart electronic devices.

Tools for Mini-importation

Given the definition above, I’m sure you are already grinning from ear to ear at the relative ease with which you can start this business. Of course, it is not difficult but you’d have to have/know certain things before you can start up this business. Thus:

  • A smart device like a smartphone, Tab, Laptop
  • Internet connection
  • Inspection Agents for your goods
  • Market to buy goods
  • Market to sell goods
  • Master or visa card
  • email address
  • Address for delivery of your goods

Start to finish process of mini-importation in Nigeria

You are ready for a mini-importation business after you have equipped yourself with the knowledge or items mentioned above. But there’s a step-by-step method on how to use what you have to start importation on small scale.

1 Pick a specific niche

Picking a niche means choosing a specific product to sell from a large market. The market usually has innumerable products that are sellable but given that you are likely short of capital, it is best to start with cheap and specific products. For instance, you can start by importing only fashion items like clothes, underwear, stockings etc.

Mini-Importation-Nigeria

And before picking a niche, you should have found out the product that would be easy for you to sell. This is why it is important to do market research before embarking on mini-importation, this way you already know what you want to buy before getting into the market.

If you pick a niche, you will not waste time in the market sourcing for a variety of products.

2 Go to The Market

Basically, people who embark on mini-importation depend on e-commerce sites like Aliexpress, Amazon, eBay, Alibaba, and others to buy products either on a small or large scale.

The aforementioned digital platforms are secure sites with a reputation for selling quality products at affordable rates. Manufacturers of products also utilize these platforms by creating stores to sell their products. So, you must be familiar with these platforms to be able to start mini-importation.

3 Pick a Supplier of Products

After getting into the market, the next fundamental step you must take is to choose a reputable supplier. Some people have made costly mistakes with this step because they picked suppliers who didn’t deliver quality products.

There’s a way about this. To pick a supplier, there are things you should check to know if they are capable of delivering up-to-standard items.

  • Check the quality of reviews their products have.
  • Ensure you find out if the supplier has been in the business for some time
  • Establish a communication channel via the English language
  • Find out the number of successful sales the supplier has
  • And also check how quickly suppliers answer his/her queries.

Once you have checked all of these, you are ready to pick a supplier.

4. Order your product and pay for the same

This is an important part of the mini-importation business. After following the steps above, you can now order the products that you have chosen and make the payment appropriately.

Despite the difference in currency, it is easier to make payments to any part of the world using various payment methods. The acceptable payment methods include local, dollar, Paypal, Payoneer accounts etc. To even make it easier, if you have a debit card, you’d be able to make successful payments for a product.

e commerce

But you must ensure you get a payment confirmation from your supplier to be sure that you have paid for their products.

5 Delivery Chain of Products

The final step in the mini-importation business is the delivery of products – and there are two specific methods by which your product will be delivered to you.

  • Free Shipping: In this method, the supplier of the product bears the brunt of sending the product to you albeit free of charge. However, the major con of this delivery process is that it takes a longer time to get to the buyer. Your contact details are used to send the products to you, so you must ensure you give the supplier the right address
  • Express Delivery: As the name entails, express delivery is faster, more reliable, and more expensive. This service is usually carried out but the most advanced logistic companies. The downside of choosing express delivery is the fact that you pay more but you’d get your product within a few days.

Marketing and Sales

The motivation for mini-importation might be the drive you need to sell your products. The sales of your products are entirely in your hands. There are people who already sell their products even before they arrive – this is possible for those who display these items on social media platforms like WhatsApp, Facebook, and Instagram.

Also, e-commerce platforms like Jiji, Konga, and Jumia have become retail stores where importers can display their products as well.

Nigeria is a very big marketplace, so it is difficult to embark on mini-importation and run at a loss. If you play your cards really well, you can turn over as little as ₦30,000 until it becomes hundreds of thousands.

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