The world has gone digital and everything gets easier even those we thought are impossible. Are you thinking of starting Mini importation business? Good if your answer is yes. It’s actually one of the ways to make money in the comfort of your home.
Mini importation business is a business model where one with little capital can imports a small number of goods at a cheap price directly from the manufacturer in China, Dubai, Turkey, etc. It’s called mini importation because you don’t really need a warehouse of goods before you get started. With $100 you are good to go into the business.
Where most people find difficult in this business model is how to get started. Yeah, at your starting point you will be faced with many questions like how to start a mini importation business, what do I need to become an importer, where can I buy cheap goods, and many others. The truth about it is that when you don’t have the right information you will make a lot of mistakes.
No matter how long you’ve been in business, building an importation or online business may not sometimes be as straight as many will tell you.
First Things To Do Before You Start Mini Importation
You don’t rush into importation, you have to research properly by:
Finding a selling product
The first thing I did before started mini importation business was that I spent time researching a product to sell. Many people make the mistake of jumping into the market without knowing the level of demand for the product they want to sell.
You’ll need to spend some serious time studying market demand and gathering hard facts before you order a product. Some product has higher competition in supply than the demand. So before you launch your mini importation you’ll need to choose what products to sell.
Find a website that sales goods cheap. Here you need to compare the price with other wholesale sites; below websites are where you can find wholesalers.
- DH gate
- Dino Direct
- Ever Buying
- Cellular Country
- Made In China
Set your budget
This is another area you will need to consider when starting a mini importation business. As a business owner, you need to know how you would invest as a start-up capital. that helps you to know whether you are making a profit or not.
Find an Agent
The agent plays an important role in importation business, especially mini importation. My success in online business can be attributed to the agent I have got. Having a good and reliable agent is good to start in mini importation.