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| 21 Hot Business Ideas In Nigeria |
What do you mean hot business ideas in Nigeria? Hot Business Ideas mean fast money daily trading as a supermarketer, as a major/minor distributor, as a key top player, as a retailer and or as a supplier or business owner as you choose either.
Any hot products traded are called the real brand leaders. What brand of a product do you prefer daily? What brand of a hot product do you prefer to become a distributor?
Think about it. The brand leader who sells products better or faster than others of the same product in the same marketplace. Choose any brand loyalty you want to operate with and start and make millions in wholesale distribution business.
Brand loyalty means the tendency of customers to continue buying the same product. That is where you start and make millions buying and selling as a distributor or producing and supplying as a manufacturer.
Many people fail it because some of them on the Google Search asked what products can I be a distributor? By this, I mean they are not trained financially to recognize an opportunity that can put them food on the table four times a day daily.
Great opportunities are not seen with eyes. They are seen the opportunities with their mind as Robert Kiyosaki was quoted to say.
What products do customers continuously buy in their stubborn tendencies that can make you so rich? Here are some instances:
1. Raw foods. 2. Processing-food packages. 3. Toiletries. 4. Beer consumption. 5. Cosmetics. 6. Soft drinks. 7. Female/male Hairdressing. 8. Frozen fish. 9. Oil cooking. 10. Drugstores. 11. water sachets. 12. Oil and gas consumption.
1. International Trading Associations On 21 Hot Distribution Business Ideas
1. Pharmaceutical Distribution Opportunities
2. Soft drinks Distribution Opportunities
3. Cement Packaging Distribution Opportunities
4. Flour Distribution Opportunities
5. Tobacco Distribution Opportunities
6. Pampers Or Diapers Distribution Opportunities
7. Toiletries ( anti-septic soap and detergent) Distribution Opportunities.
8. Fertilizer Distribution Opportunities
9. Breweries Distribution Opportunities
10. Beverage Distribution Opportunities
11. Paints Distribution Opportunities
12. Raw Food/ Processing Package Distribution Opportunities
13. Blending Association Opportunities
14. Female Hairdressing Distribution Opportunities
15. Hairdressing Distribution Opportunities
16. Cobbling-shoes Distribution Opportunities
17. Cosmetics Distribution Opportunities
18. Pure Water Distribution Opportunities.
19. FMCG Distribution Opportunities.
20. International Distribution Opportunities
21. Poultry or Livestock-feeding Distribution Opportunities
Note that we may not be able to explain one by one because it is too long. Some among Nigerian readers may not have the time to read it through on their smartphones especially book.
May be they are not interested in exaggeration on writing, but in short or easy guides on writings. Let me cover you with steps to becoming a successful distributor.
2. How To Become A Successful Distributor
Step 1:: Ensure that you have great financial capacity to fund your obligations.
That is what some among manufacturers or suppliers above there in list may require you between N 50 million or one billion naira to buy products in bulk or volumes, depending on type of products.
I was told by one igbo reader whom I received WhatsApp message from that Indomie-Instant Noodles company required him 15 millions naira to participate with her as a major distributor.
Step 2: Make sure that you have capable van delivery.
Step 3: Make sure that you are capable to rent or buy great warehousing facility in a great space if you want to be an authorized wholesale distributor.
Step 4: Ensure that you join any popular International trading association in relation to any product you choose either above there in list you want to operate with.
Trading Associations may help you buy in bulk together from a leading brand like Nestle, Fisdson, etc if you can't buy in bulk with some millions as a sole distributor.
Or you can become sub-distributor to any major dealer or sales representative of your choice in relation to your product.
Step 5: Ensure that you look for a right location in a right time because your chosen location determines your business destiny.
Step 6: Decide what products you want to operate with. Don't ask us what products you can be a distributor. It does not work that way.
Step 7: Make sure that you negotiate with any manufacturer of your choice above there in list well before you decide whether you want to continue operating with them or not. If failure or insatisfaction, look for another product again and again until you find it suits you.
Step 8: Choose any hot products according to your financial capacity or your marketing research exactly or your customers' tendency to demand daily. It saves your time.
Step 9: Make sure that you calculate your feasibility report or business plan (together) so well Or call an expert financial planner or business financial planner on feasibility report study to help you to calculate that. Your feasibility report determines your financial capacity.
Step 10: Ensure that you don't depend on accountant for financial records in business transactions or financial bookkeeper for business transactions in financial records, otherwise it gives them opportunity to pilfer you if you don't know accounting or financial numbers in business transactions on money and products or spendings and profits.
Step 11:: Ensure that you master your marketing strategies well. Make sure that you upgrade your marketing strategies, business knowledge and business skills if you want to become a great business.
Thanks, happy entrepreneurs
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# fast growing business in Nigeria; #list of business in Nigeria; # daily income in Nigeria; # business ideas in nigeria
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