IMPORTATION BUSINESS

You buy a product from another country at a low price and bring them to your country and sell at a high price. 

What You Need To Start An Importation Business

A computer or mobile phone with access to the internet
A valid email address
Reliable company to buy your products
A valid home or office address in your country where the items you order will be shipped to.
A naira MasterCard issued by any Nigerian bank of your choice with at least N10,000
 Where To Buy From: The following websites are our top recommendations as online marketplaces that sell products at low wholesale prices
Amazon: One of the biggest online shopping website. You can buy at a cheaper price and sell a higher price. They also sells in wholesales. You can visit its homepage at www.amazon.com 
Aliexpress: They have become the leading destination for small scale importers looking to buy goods at wholesale prices from China. You can visit its homepage at www.aliexpress.com

 DHgate.com: The website is a fast trading marketplace where users can order Chinese-manufactured products directly through the site. They are backed by investors KPCB, JAFCO and Warburg Pincus. You can visit its homepage at www.dhgate.com 
iPmart.com: Wholesale market that ships products from China, USA and Malaysia. They focused on electronic gadgets like mobile phones, game consoles and their accessories. You can visit its homepage at www.ipmart.com 
They are so many other website you can order from ebay, New Egg, Martview, DealExtreme, Dino Direct etc.
How can you pay for products? After ordering you can use your Naira Master Card to buy direct without no issues. 
How will the products be delivered to you? Some products comes with ‘Free Shipping’ service . Free shipping is often delivered through China Mail Air Post or Hong Kong Mail services. While the free shipping option is very attractive, it often takes the longest time to get your goods delivered to you; usually between 14 to 60 days.
You can also pay for delivery so as to get your products as soon as possible, but you have to add the shipping cost to the cost price which might make it more expensive. Other common options for delivery on Aliexpress.com, DHgate.com and iPmart are Fedex, DHL & EMS
Popular Selling Products: One of the most popular and fast moving products are hair extensions (e.g Braxillian hair), Electronics Gadgets (e.g Mobile Phones), Fashion accessories (Clothes) are in hot demand.

How To Sell Your Products: It is not compulsory you have a physical shop or outlets. You can sell your products online using Facebook, Instagram, Blog, Twitter, Whatsapp etc.

How Much Do I Need To Start: You can start with as low as N10,000. E.g. You can get 10units of 5,000MaH power banks at the rate of 1,000naira per unit and choose the option of “Free Shipping” and sell each as high as N5,000. Start small and then grow gradually. This strategy may take a little more time but it’s less risky and helps to build your experience and confidence.