When you look at the list of products in Chinese online stores and their prices, you will be very surprised. The difference in prices sometimes reaches up to 7 times! Thus, many users are bothered by two logical questions: why do they buy stuff from resellers and why they haven't become resellers yet. With Jiji, you can do it easily and quickly. Install Jiji app, and do it right away.
Jiji is open for new ideas and welcomes new businesses. Being the biggest Nigerian classifieds website, Jiji provides excellent opportunities for your career in sales. Jiji allows creating a personal store completely free of charge. Jiji is a platform, which unites sellers and buyers for effective communication. As the website is not focused on certain chosen categories, the selection of items on Jiji is huge and diverse - there would be enough room for the items you are going to resell. And before you start, here is everything you should know to start your business with Jiji.
About Business
The main point of doing business is simple: you order products from China, open your web store on Jiji, and then sell the items at your own price. You set the amount of markup independently, meaning that you choose how much profit to get from every sold item.
How it works: calculations and explanations
Let’s suppose you buy a radio-controlled toy car. If you buy 5 toys, you will have to pay around N21,000. Then, you put a tag with N10,000 on each, post them on Jiji, and gain N29,000 of net profit. Depending on specifications of these cars and availability on the market, you can choose the most suitable price and calculate the final profit even before you order the items.
This simple business plan raises one more logical question: if it is so easy, why wouldn’t people order items on Chinese websites on their own, without intermediaries and extra charges? The reason is simple: convenience. Though dropshipping (explained further in the article) is widespread, the majority prefers to order items in stock and then add them to the list of available ones in the webstore. Thus, a Nigerian user can expect very fast delivery from Jiji, especially compared to delivery from Chinese websites. Moreover, people still test native retailers more, at least because they prefer Jiji’s familiar interface and online shopping format than language and cultural barriers.
Best items for reselling: experience and predictions for 2018
Being the world sales leader, China is believed to produce only what sells well. In other words, some are certain that everything manufactured in China will easily find its target audience in Nigeria soon after it is posted on Jiji. Well, this is particularly true, but this is not how business is done. If you want your online shop to succeed, you should have more or less clear buying strategy.
Research the prices. For instance, the abovementioned toy cars have become more common and less trendy now, so you will not be able to raise the price considerably. Otherwise, you will not be able to sell the abundance of ordered items.
Be reasonable. You define the markup rates, but it does not mean that overpricing the items will be justified. Customers look for the combination of quality and price, which seems appropriate.
Do not focus on current trends. Of course, you can order some items, which are getting trendy at the moment. However, you should take into account that delivery will take up to several weeks, and viral trends might not live that long. If you decide to order such items for resale, do not order much.
Avoid too cheap things. As a rule, they are of low quality and will not last long. Such attempts to save money and earn more will bring you only negative reputation instead of profit.
Clothes and footwear. These items are lucrative to order: people always need them, and selling some in your store will attract new customers. Besides, the original price of the listed items is very low, so you can set quite high charges.
Car gadgets. Autologgers and navigators are the most popular items, but small details and car parts are sold well, too. Consider reselling these items.
Mobile phones and laptops. Lately, Chinese manufacturers started to produce electronic devices of quite high quality, which could not go unnoticed. As always, originally they are low-priced. In official stores in Nigeria, these devices will cost around N25,000, while you can buy them more than twice cheaper.
Accessories, bags and purses, umbrellas, watches, and similar items are always popular, and you can sell them two or three times more expensive in Nigeria.
Where to find products for import
When you are a beginner to this business, the first question that is going to bother you is where to order the items for resale. The best option is ordering items on the websites - it is simple and allows avoiding misunderstanding as it could happen in case of direct negotiations with Chinese retailers.
Websites
- dx: sells electronic appliances, gadgets, items for home, sports products, camping equipment, toys etc.
- TINYDEAL: the website features a huge selection of technologies and gadgets, car accessories, items for home and living, toys, sports and outdoors products, and gifts.
- Taobao: a good place to look for clothes, toys, souvenirs, electronics and gadgets, cosmetics, home goods, items for babies, and for children.
- DinoDirect: the place for buying clothes, accessories, wedding and holiday stuff, toys, consoles, gadgets, and a lot more.
- Aliexpress: one of the most famous websites worldwide probably does not require additional introducing. Here you can find a wast variety of items from numerous categories at low prices.
Dropshipping
Chinese retailers are fully supportive of such practices and assist your business. A big number of Chinese retailers offer dropshipping - the realization of an item by a mediator (dropshipper) and direct delivery to a customer. With this, your client receives a package without any branding marks from a Chinese store. You list the products in your page on Jiji, a person orders something, and you order it from the Chinese retailers for the customer.
One-item stores
One of the interesting features you will discover among the Chinese web shops is one-page stores. The core is easy to understand from the name: they consist of a single page and sell one item. Usually such pages are devoted to a specific gadget, newly discovered or a new know-how solution. Consequently, the prices for these sensational products are very high in countries, where they are imported.
Risks
Every business is risky, but without risk you will not be able to succeed. To manage your business effectively, just remember several things.
- Chinese web stores do not request prepayments or deposit dues - do not pay anything in advance.
- Do not make direct payments. If you are offered a considerable discount provided that you make a payment on someone’s bank account, just ignore the offer.
- Do not pay the made-up charges. If a Chinese distributor requests tax service fee or other similar charges, you should not work with this person - he is trying to cheat you.
- Many stores provide free delivery. Sometimes a seller may contact you regarding this matter and notify about choosing a wrong delivery option and necessity to make a delivery payment. Do not pay until you receive an item.
Advantages and Peculiarities
The advantages of reselling stuff from China are obvious and make it a perfect lucrative business for people, regardless of their age, gender, or business experience.
Jiji is the website, where you can register and post an unlimited amount of ads free of charge. Thus, you can start business with minimum capital in a few minutes (not taking into account the time of delivery from China). For this, just register and start developing your business.
Jiji also has a special section, where you can register your shop as independent - Jiji Company. Registration here is an opportunity to open a personal website free of charge. It will be located on Jiji’s domain and get the address, which is easy to remember: [name of your store].jiji.ng.
Some might get suspicious that such opportunities come free of charge, but Jiji doesn't hide any surprises. On the contrary, it provides a huge market (entire Nigeria!), ultimate security, and convenience. The latter one is achieved with the help of user-friendly interface, constant updates, and Jiji app, which allows managing your business with a few clicks.
How to start earning fast
The last thing you should know is that there is a way to make your sales on Jiji even more effective. If you do not want to wait till the sales increase “naturally,” just help them grow.
On the premium services page, you will find some helpful tools - Top Ads and Boost Ads packages. The activation of premium services allows getting 10 times more clients and saving from 20% of expenses.
Top Ads is an option for those, who want to promote a single ad. They come in packages of 3, 5, and 9 tops. After you order one of the packages, your ads will be automatically displayed at the top of the list of available items.
Boost Ads work a bit different: 1, 3, and 6-month packages are used in order to promote all ads. Boosted ads are displayed higher and more often than ordinary ads. In addition, they are highlighted and automatically renewed.
Now you know everything about reselling goods from China. It is an attractive offer and an excellent opportunity to start your own business, even if you do not have any special education or previous experience. All you need is Jiji - install Jiji app and do not waste a single minute on your way to creating a great online store.
Source: Naija.ng
ROSY CREST
Thursday, 21 December 2017