resources that teaches this area of business in Nigeria perfectly and that it is why I will be sharing with you step by step proven guide on how to import product from other country and ship it down to Nigeria. This first lesson on importation will be dealing on what is importation and why must you go into importation business as a Nigerian or a foreigner.
INTRODUCTION
Importation Business is one of the best way to make quick money online in any part of the world. It is a business that you can start today and make instant cash tomorrow. The business have a very strong guarantee of source that is if only you do your home work well.
Who I am And Why should You Listen To Me
I am Onyema Shedrach, the Owner of this Blog you are reading now and numerous other websites. Aside from my blogging and other online business that I do, I have been importing quality product from outside the country for a very long time and I have since being able to know the market very well enough to qualify to teach you a step by by step guide toward importing product locally here in Nigeria right from your living room. I just want you to keep in touch in this importation series as I am going to exposed you to a business that gives me Cash On Demand.
What is Importation?
Importation simply means the act and process of bringing or buying goods at a reduce price from other country and reselling the same goods you buy from other country in your own country with a high price tag. Let me give you example, if you buy a wrest watch for $4 in china and you come to Nigeria and sell this wrest watch for $10, what you just did is that you have engage yourself on importation business.Importation business have a very huge potential to make any one a millionaire within a very short period of time.
Type or form Of Importation
Importation can be classified into two major type namely
- Electronics form Of Importation
- Physical Form of Importation
2.Electronics Form of Importation: This is the type of importation whereby the buyer being the importer does not necessarily need to travel or go to the country he or she wants to buy or import product from, he or she just have to use a special means of Electronics shopping called E-commerce which is facilitated using only internet connection and laptop or Desktop computer. This person will be in his leaving room and order a particular product from another country let say USA and have the product delivered to his address within a couple of Days.
Looking at the above two process, you will notice that one of them look more smart way of importing product why other one look very boring. Before I conclude and tells you the type of importation we shall be disusing and trading on, let me quickly gives you brief history of how importation business of both Electronics and Physical form of importation start in Nigeria.
BRIEF HISTORY OF IMPORTATION BUSINESS IN NIGERIA
Way back in early 90s, physical form of importation was the only type of importation that is in existent. During that time Importation business was only meant for the rich man in the society. An average man in the country cannot import any product do to the fact that it is capital intensive. Importation was only meant for Big Ahlahajis and Big business man in Nigeria then.For you to import any product, you need to travel to the country you intend importing your product from to buy the product. You need to make sure you ship the container down to Nigeria, you need to settle the custom duties and other Governmental agency before you bring your product to the country. Then importing product to Nigeria is quite expensive and it is only reserve for the rich guy in the society.
How The Trade Change
Recently in this 2000s, the trade of importation change in the country by the introduction of Electronics form of importation called E-commerce. E-commerce business or shopping is a process whereby you shop for product outside your country, place your order and pay for the product through the internet and the product or the goods you order will rich your country within few days without you going to the country you are importing the product from. In E-commerce form of importation, every thing is virtual and all your transaction are done over the internet by using a computer right there inside your leaving room. With a click of few button on your computer, you can order for any kind of product and the goods will arrive to your destination within few days without you going to the country.
conclusion, looking at both form of importation, one would say that the physical form of importation is okay but I want to prove it otherwise for you in our next discussion series I shall be telling you the advantage of Electronic form of importation over that of physical form importation by our next importation series keep a date with us as we bring you the series.
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