Sunday 24 July 2016

How 23 Year Old Eniola started Small Scale Importation Business With Only N10,450 Without Traveling Abroad



Here's Exactly How Eniola Does it!
His name is Eniola (surname not included on request), he was just a secondary school leaver from Akure, Ondo state.
His problems have always been capital to implement all he has learnt   about how to import genuine original items legitimately from Asia, USA, Europe etc at stupidly low prices without traveling abroad whatsoever.
After trying all he could without anybody helping out, he pressed on his mom to lend him about N10,500.
He then swung into action!




 

Guess the first product he imported?


O yea... that's some colorful blackberry phone covers.

And guess how much he bought each of them; and how much he sold them here in Nigeria?
 Yes, those were fancy blackberry covers... 

Ladies love them like crazy!

The product sells for $9.41 per 10 pieces. (If you’re buying above 20 pieces)
 
That’s about $0.941 per piece… equivalent of N148.678 in Naira

70 pieces amount to $65.87
Which is equals to $65.87 x N158 = N10,407.46

See screenshot from the website he bought them from , directly…
That's to say that,

The price of one amounts to N10,407.46 divided by 70 = N148.678
If you look at the screenshot above closely, you’ll understand that he got the items shipped to him FREE of charge.
Not to worry, even for products that require shipping fee, there’s an insider tips to knock the shipping fee off.


Okay, back to my boy’s mini importation exploit.
We ordered (yes, we, cos I helped him!) and paid for the phone covers easily with an ATM card from a particular Nigerian bank (more on this shortly) and in exactly 11 working days, the 70 pieces of the product came in.
 
He immediately talked to a phone accessory seller in his area about the items.
Happily and hurriedly, the seller bought off the 70 pieces for N550 each.


My boy made a Profit of:
He got them for N148.678 each, and sold for N550
That is; N550 – N148.678 = N401

Eniola made N401 on each of the blackberry covers he bought for N148.678.


So, N401 x 70 = N28,070

In all, he made a profit of 
N17,663 (N28,070 – N10,407)
 
He paid back the N10,500 he borrowed from his mom and was left with about N17,493 or thereabout.

Chicken change I hear you say?


Wait till you read this… that’s not all,
Immediately after selling off his first consignment, this guy went ahead to order other different hot selling items and resold them at 3 times the prices.

Take a look at these products at the next page.

he next was…
That’s a brand new Android tablet. He got 2 of it at N8,848 each (total = N17,696)

Guess what… a banker neighbor of his and one other lady picked them up the next day for N45,000 each.
 
That’s pure N90,000 of cold profits.

 
What Next...?
 
Having realized the enormous potentials in this business, this guy was eager to take his mini importation business to another level…
He thought of another hot in demand product to go for with the whole of his N90,000…
 
He pounced on this:


That’s some 18K gold plated necklace…
You’ll agree with me that any average Nigerian lady can go any length to raise cash to get such a gorgeous jewelry
…even if it means forfeiting their school fees.

The price?

$4.28 if you’re buying below 6 pieces…
But because my boy was to go for it in bulk, he got it at $4.07 per piece.
That’s about N644 in naira value.

With Eniola’s N90,000, he got about 139 pieces of this sweet looking jewelry.
 

NB
: I know the question on your mind right now!  

You’re tempted to ask if this Eniola dey chop at all?  Doesn’t spend from the money?
 

This time, in about 14 days, the consignment landed… and before then, he he delivered them all to some jewelry sellers, whom he had earlier contacted.
 
They paid cash.

 
Guess how much they paid for one of it…
Guess…

Still guess…

Okay, let me tell you…

One final guess…

He sold one of it for N1,800
So, he made a profit of N1800 x 139 = N250,000

Huh!
 
Eniola now has more than enough capital from the N10,500 initially borrowed from his mom (and have paid back!)
The truth is, Eniola is gradually moving from a mini importer to a standard import rock star.
The last time I spoke with him, he told me he has already ordered 30 of this item:
That’s a portable washing machine for only $40 (about N6,320)


Here’s a clearer view:
Don’t mind the shipping fee there… if you subscribe to my free email newsletter, I’ll show you how to knock off every shipping fee and get every item shipped to you for 100% free.

This tip works 98% of the time!
By my estimation (not Eniola’s), this item can easily be sold for N20,000.

And if my estimation is anything to go by, and Eniola sells it for that amount, he will be smiling to the bank with a profit of:

N20,000 x 30 = N600,000
He spent only N6,320 x 30 = N189,600
Estimated profit is N600,000 – N189,600 = N410,400

Yeah… he can even sell it higher who knows!

Don't you think this is the same secret the big players have been using?
I'm talking about the mobile phone sellers (Slot, Jumia etc), cloth sellers, watch sellers
... and have done everything to keep secret?

I’ll be showing you full details of how to go about this business in the coming days…
I am not talking about any of those hullabaloo mini importation stuffs you hear people sing about everywhere… NO!

You will see for yourself shortly!


Okay, let me give you a head up:
I just finished researching about this product and have gotten about 3 dealers here who are ready to buy them off from me for N17,000 each.
The price is $21.21 (about N3,351)

So, I’m already sure to be making about N13,649 from each of this.
All I need to net 1 million Naira is to import about 90 pieces of this.
Chikina!
 
Who wouldn’t like to make this kind of profits?

I've detailed all the steps for anyone who's really serious about learning all the basic and insider tips to excelling in mini importation business, in the next (...and final) page...




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