Make 1.5m Importing UK used Laptop to Nigeria

How to make 1.5m per month - Laptop importation PREAMBLE S elling of laptop is a hot business in Nigeria market. People no longer wish to be...

How to make 1.5m per month - Laptop importation

PREAMBLE

Selling of laptop is a hot business in Nigeria market. People no longer wish to be using Desktops due to it's size compared to a laptop.

Due to the growth of ICT in the country, the demand for laptop is increasing everyday. And do you know that people are will to pay N80,000 - N100,000 to buy a laptop?

You can import a used or refurbished laptop from UK or US at a cheaper rate (30,000 or lesser)

if you order a laptop from an online store for N30,000 and sell it at a price of N68,000-N70,000, then you have made a profit of N38,000 to N40,000 on one deal.

If you are able to sell 10 laptops in a month, you will make 400k and 1.2million if you sell 30 laptops in 3 months. I have clients who sell more than that. There is no how you won't make 1.5million in 3 months.

This article is about how you can import new, refurbished or UK/US used laptops and sell them in the Nigeria market space, there is a lot of money to be made if you invest in this business.

ALSO READ: 8 Online Business Idea That Can Make You Rich In Nigeria 

How to start Importing Laptops to Nigeria

How are you going to do this? Number one, you need a:

1. Supplier
2. Shipping company
3. The Market

Supplier

This is the company where you are going to get and import your laptops from. You need to buy from eBay and the reason why I am recommending ebay is because, they have regulated the types of their products in categories and you can complain if that product does not meet the standard you actually paid for.

NOTE: You can also get laptops in China, even at a reduced price but I am recommending eBay because of quality.

Categories of Laptop

When you go to ebay.com, you look for the laptop you want to buy. There are five main categories of laptop:

1. New Laptops
2. Manufacturer refurbished
3. Seller refurbished
4. Open box
5. Fairly Used

New Laptops - a new laptop is entirely new. If this company says it is new, believe them it is new... It is absolutely new.

Is it ok to buy a new laptop on ebay?

For everybody, the answer is Yes! it is the best to buy. But for me, the answer is No! Why? Because the price of a new laptop is extremely high and selling a high price product might not move fast in the Nigeria market.

Manufacturer refurbished - If a laptop is not moving anymore in the market or it is getting to old in the store or it has factory fault, the manufacturer may decided to refurbished it by increasing the Memory (hard drive) from 500 GB to 1 TB, increasing the RAM and operating system.

In the process of doing that, they have refurbished the laptop. It is the manufacturers that are doing it themselves, they are the one who manufactured the laptop initially and that is what they called "Manufacturer Refurbished".

Is it ok to buy a manufacturer refurbished laptop on ebay?

If we look at the word "Refurbished" it sounds like "Risk" but if the item is coming directly from the manufacturer or approved vendor, There is no problem in buy it - just enjoy the best price!

Seller refurbished - This is the same thing with the manufacturer refurbished but this time around, it is the Seller that is refurbishing it, not the manufacturer. Because a particular product is not moving well, the can decided to replace or readjust or put things back in shape inside the laptop.

Is it ok to buy a seller refurbished laptop on ebay?

I don't usually recommend this. Because it is not the manufacturer that refurbished it. But that doesn't mean the laptop is not inspected, cleaned, repaired to full working order and in excellent condition.

Open box - What is open box? Let me explain it like this, someone went to a store in the USA where they sell laptops. He picked up a laptop, paid for it and took it home... he used it for 1 week, 2 weeks, 1 month, 2 months, then he returned it back to the store and requested for half or little of his money back because maybe he needed cash or wanted to buy the latest one.

This type of laptop will not be categorized as a new one. It will be categorized as an Open Box,  so you are going to buy it at a very reduced price.

An Open Box item can also be a laptop that has been used for testing or demo purposes.

Fairly used - When companies and organizations in the UK have used their laptops for 6 months or above and they decided to replace them, they sell their used laptops to a particular group of company that use to buy fairly used laptops.

This company will remove the operating system and when they remove it they sell it at a very reduced price.

You can get some of this laptops at 5k, 10k or 15k and when you bring them to Nigeria, you can sell them at 70k, 80k, 90k or even 100k. Making a profit of about 40k, 50k and sometimes 60k from eash laptops.

There are a lot of money to be made from importing laptops to Nigeria, all you just need to do is buy it from my recommended site "ebay". ebay.com or ebay.co.uk or bestbuy.com.

Not that you can't buy from China company like Alibaba.com, 1688.com or MadeInChina.com but you may not be guaranty of quality even though it is coming new.

A laptop that has been used before that you want to bring to Nigeria must be something that someone can still use for at least 3 to 5 years. You will have to consider that fact before moving ahead to the business

This is a business that can generate you 500 thousand, 1 million or 1.5 million within a period of about 3 month to 6 months.

Also read how to make money online selling digital products

Shipping company

MyUS is one of the largest and oldest shipping and company / forwarders in the United States and is 100% safe to use.

According to my research, their shipping warehouse is located in Florida and they have a great reputation for customer service, reliability and great packaging.

You would need to register with MyUS.com as either a

1. Standard member
2. Premium member or
3. Premium+Mail member.

The Standard member - is ideal for the those with only an occasional shipment (preferred by most Nigerians)

The Premium member - is best for avid shoppers that would benefit from package consolidation

The Premium+Mail member - has the added ability to receive mail and catalogs

NOTE: there is a one time registration fee of $10, $20 and $30 for the different levels listed above.

You will be asked a series of simple questions during registration, It allows them to confirm your identity, avoid fraud, and your account will be activated immediately within minutes of completing your registration,

You will receive two things, your suite number & your US Address. This suite number gives you dedicated space in their Distribution Center.

After that, you can be using your US street address and your unique suite number for all of your online shopping.

They will help you import everything right to your door once your purchases arrive at their distribution center.

All you transaction details would be logged into your MyUS.com account so you can always follow up with it before it arrives in Nigeria.

Market 

Now that you have gotten the products delivered to you, the next line of action is to sell it quickly. Having good knowledge of online and offline marketing would help you dispose it quickly and go for another one.

I advise you to leverage Jiji, Facebook, Olist and your Whatsapp contact to sell it fast.

Also read Digital Marketing Beginner's Guide to Promote Small Business

Watch out and stay connected to my blog as I will be updating this step further. In my future post

Conclusion

This business is still pretty much new and you don’t have any excuse not to start it. The only thing you need is a smartphone and very little start-up capital.

I have personally used this method to buy a Laptop for myself, friends, and Colleagues. If you still need further help on understanding the business, drop a comment below.