If you are looking for how to invest your money profitable, with high returns on investment of over 100 percent, minimal risk; and enjoy huge market patronage for your business, GSM import business offers you all that and more. In this informative guide to GSM products importation business, I will guide you on the potentials to tap in the GSM user base; hot and new GSM products that you can import and sell profitably procedure to follow in importing GSM products; how to import GSM products cheaper, same over N250,000 you would have spent of flight ticket, hotel expenses and visa each time, how to start GSM products importation with as low as $500 or N60,000, challenges of GSM products importation and how you can overcome them, secret of fighting competitors who may want to import the same products as you; and most importantly how to make sure you import only fast selling GSM products etc. however, the more money you have to import the better your chances of making higher profit.
And before I forget, GSM products import business is so profitable that you can import products for as low as N200 to N500 and still sell them for as much as N2,000. Imagine the profit margin per product, hug. I will be showing you all that in this informative guide. Eh, before I continue, I want to let you know that if you are going to import GSM products profitable like I do, you will need your own laptop or desktop, contact Julius now at SADC Office to get one, and you will also need GSM internet connection. One of my companies FastWeb (mail@fastwebsms.com) will fix you up. GSM internet connection cost as low as N25,000 for the connector modem to set up. However the monthly browsing is around N12,000 or N400 per day browsing. The internet service wireless with GPRS service. One of Glo or MTN should have GPRS in your area – so get your modern and get connected immediately. Also you will need a bank account for dollar transaction. UBA and GT bank can open the account for you from as low as $100 dollar, but you must by now be operating an account with them. Your current banker if it’s not among the two I mentioned can be of help to you. It’s advisable you open your dollar account with the bank you are currently banking with. Bank charges for foreign transaction like these are very low. My bank charge $26 per transfer and another 1 percent of the mount transferred. If you transferred $500 for example, you will be charge $26 and 1 percent of $500 which is $5 meaning you are only paying bank charges of $31 for your $500 transaction.
GSM product import business is very simple the way I’m doing mine – and it’s also cost effective. That way my products are cheaper than those of my competitors. Instead of spending over N250,000 each trip for my air ticket, visa and hotel accommodation, I pay the GSM operator N12,000 monthly for my internet access. I source for my product through China product suppliers, contact them by e-mail and get pictures of the products and prices sent to me via e-mail. I negotiate my order and pay through bank wire transfer. However, I don’t pay until I’m so sure the price is good enough or is the best standard price among all the suppliers that have such product. That means I contact more than one supplier for the some product before deciding on which company to buy from. Remember, cheaper price is not only what you should consider because some so called low cheap prices can be fraudster in waiting. Be careful.
And don’t forget you also need to arrange for how the products will be delivered to you. I enjoy this part a lot because I always look forwards to seeing the product I ordered and experience how it really looks like or work. So, you need a delivery company. I strongly recommend DHL. Fedex is also good; I have used them sometime too. EMS is another delivery company you can use. I have also used them even though I don’t like their service. With DHL or Fedex, my products are delivered right into my office, and there I will pay custom charges and tax. I like it that way. But EMS won’t deliver to your address, even when you come to pick you product you have to confront custom officials who also have office right there. The charges are higher too – about 5 percent of the cost of the product, inclusive of the cost of courier, which is wrong but their imposing presence may simply make you yield to avoid seizing your goods. You may be tempted to falsify you price in order to pay loss. But I encourage, better you don’t get into this kind of temptation at all. Or the customer officials may even demand that you pay unofficial rate, which goes into their pockets and they will waive the fees for you. Don’t agree with them. You may not know the problem you are accumulating for your business until when you may have succeeded in growing your business as big as Dangote. Those mistakes may come up to hurt you in future.
Your suppliers will be asking you to pay the cost of the product plus courier delivery charger, which is charged by KG. DHL cost is around $14 per KG weight that is after the standard courier cost applies. However, you can also register an account with DHL here or ask for pick-up, so that you don’t have to pay your supplier for delivery – with you DHL account number DHL picks up your products from anywhere in the world and deliver to your address, while you pay after delivery. It’s also cheaper because you enjoy some discount and benefits that is not accruable to an ordinary shipper.
Now you know fully well how to import GSM products from anywhere in the world and get it delivered to you. Congratulations! Having known import process, it’s about time you try importing your first product, oh – oh! You don’t ever know which products to import; of course, I know I haven’t shown you how to source for suppliers’ or search for products to import; you may have heard about alibaba.com. Yes it’s the most common web portal on the web where you can search for GSM products and suppliers to import from. There are many on that web portal too. If you must use any web portal to source for suppliers, do your due diligence properly.
Back to sourcing GSM products from china suppliers. First I want you to always do a due diligence study on any suppler before you buy products from them. Inasmuch as there are hundreds of thousands of reliable suppliers, you really don’t get to know by what you are told online unless you have actually dealt with them before. One way to make sure you at least contact reliable suppliers is to source products from the web portals I have shown you earlier. Also, read this piece from UK sources.
The reason why I may not dwell much on the product itself its because you can find any product at all you are look0 for on the internet whether or not I gave you a web portal where you can source them. But the real reason why I gave you these web portals is to help you minimize your risk level of falling into the wrong hands of online scammer. So, having provided you with all the necessarily guidance to sourcing and importing you own fast selling GSM products, I will proceed to show you how to receive your goods here in Nigeria; and most importantly how to price your products competitively and profitable and market them profitable, In fact, GSM product is not the only product you can import from what I’m showing you in this guide. Any product at all can be sourced from the web portals I showed you and can be imported with the same procedure I have explained in the guide.
Hot Products You Can Import for Under $1
Hey! Have you been struggling to start your own business? Now you don’t have to struggle, because I just got the right secret to get you started even now. Wait a minute, dollar is exchanging at a higher rate now, and they saying there is economic meltdown, huh? You don’t have to worry about that, because what I’m about to show you will blow your mind. In fact, it’s even better now that people are only willing to spend less on the products they buy. As Pastor Chris would say, peoples’ problems are your opportunities. Yes, this could be your own opportunity to start making money importing products under $1. In case you are wondering how it all works, and you are new to import business, here is my candid details on how you can go about importing fast selling under $1 products.
Market Potential for under $1 Products you can Import: According to report by some internet business experts questioned by fastwebsms.com, import business will grow more this year and a lot more people would patronize cheap import products than they did last year. Most of these $1 dollar products are accessories, disposable products, gift products, raining season product, etc. that means buyers cuts across both consumers and corporate organizations. For example, umbrellas sale more during raining season. And most people buy up to 5 umbrellas each before the raining season would be over, as they keep losing the umbrellas or have to buy one each time it rains. These umbrellas can be imported for under $1 while they sell for as high as N700 in the market. Mobile phone chargers and batteries is another product in high demand. Everyone wants to use their phones and while you can get these products for under $1 you can sell as much as N700 for the batteries and N400 for the chargers. There are many more other products that you can import for under $1. The lists of these under $1 products are endless. In fact you need to see them to believe. Among the list are, home products, gift and toys, personal care products, consumer electronics, telecommunications, food and beverages, computer hardware and software, automobile and motorcycles, apparel, fashion accessories, furniture and furnishings, home and garden, lights and lighting, luggage, bags and cases, office and school supplies, packaging and paper, digital products, textile and leather products, timepieces, jewelry and eyewear, etc.
Why $1 Products: you may want to ask, why $1 products? Why not $2 or $3 or even $100? If what you want is to import products that cost more than $1 that’s good, but right now I’m showing you about under $1 products you can import. One good thing about these $1 products is that they are hot products – which mean they sell faster. Of course everybody wants to spend less to buy any product. You stand a good chance of making profit with $1 products than with other high products. And by $1, I simply mean products that you can import for under $1 dollar. They may be $1 or less. That means some of these products may cost $0.77 like computer headphones, and one can sell this headphones for as much as N1,500 or even up to N3,500. Imagine the profit markup, huge? That’s how good importing under $1 products can be. And because they are under $1 doesn’t mean the products are fake or substandard. No, these are good quality products of international standard that even sold in European and American markets.
How much you need to get started: considering that the products itself is under $1, you can imagine how much that means in naira to get you started. However, two things you can consider when starting this business is your own Fastweb Internet package if you have your own internet yet and minimum of N30,000 for a start. Note that, I would personal appreciate if you can invest more than N30,000, say like N50,000 or N100,000 for a start. But note that if the product is in high demand you would need more money to import in larger quantity in order to supply enough quantity to the market. However, for the Fastweb internet package it will only cost you N25,500 for the starter pack that works with any of the GSM operators of MTN, Zain or Glo. I strongly recommend for you to get your own internet for privacy and regular access to the internet. That is your basic tool for the import.
How online $1 Products Import Business Works: okay, I know by now you have are eager to know how it all works so you too can start off immediately to import these cheap under $1 products. I have already told you about getting Fastweb internet starter package, so go get it now because all you will be doing is online. And even if you don’t know how to use the internet, but if you want to start this business, I advice you go learn how. The whole world has moved online, so you too should. With your internet you can buy these cheaper under $1 products from China without having to travel to china. The main market place where can you get the cheap under $1 products and suppliers are on the internet. The reason you must have internet access. Once you have your own internet and found fast selling under $1 products you want to import, then you need to put your other tools in place. You will need a domiciliary account. You can talk to your bank about that and get it opened as soon as possible. It takes a minimum of $100 to open domiciliary account with some Nigerian banks.
Another tool you may need is the courier company. Yes, you will need to get your imported products after payment. One of the best courier options that I’m convinced about is DHL. Although you can use FEDEX, UPS, EMS, etc, but I use only DHL and my reason is simple. DHL takes care of all the clearing requirements if there is any. They deliver to my address so I don’t have to go pick it up myself if I don’t want to. And DHL is also cheaper than other courier companies when shipping products from China. Well, all that will be taken care of by your supplier, all you do is pay the shipping bill while the supplier do the shipping down to your address in Nigeria using your preferred courier delivery, in this case I’m in love of DHL – no apologies.
You can request for the FULL Online Course, or 1-on-1training or step by step manual. Log on to http://wwwchinaproductsourcing.info for details and enjoy my one month FREE mentoring program by email.
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