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Hot Products to Import

How to Make Tons of Cash Importing Power Banks

pbThe recent increase in Smartphone users coupled with the epileptic power supply in Nigeria has created a new business opportunity for smart business men who are smiling to the bank on a regular basis through the sales of a device known as power bank.

Power bank is basically an electronic device that stores electrical power which can be used when needed. It’s no news that the mobile phone trend has changed in the country, Gone were the days people buy feature phones, these days everybody is craving a smartphone either in the form of Blackberry, Android or Windows and this has open a new business opportunity through the sale of power banks. In this post I will reveal how you can start importing power banks from China at low prices and sell for high profits here in Nigeria.

Firstly, you need to have adequate knowledge about the product before venturing in to it. Power bank comes in different capacities and I will use an analogy to explain how the capacity works. Just as you measure liquid in litres, so you measure battery capacity in mAh (Milli ampere – Hour), so imagine you have 100 litre tank of water and you are fetching from it with a 10 litre gallon, ideally it means you can only fetch from it 10 times (I.e 10 * 10 = 100). But if you are fetching with a 5 litre gallon, ideally, you can fetch 20 times (I.e 5 * 20 = 100). Now, I said “Ideally” because we are assuming some little amount of water did not get lost due to spillage as you are fetching or evaporation from storage, so how long you’re your 100 litres tank of water lasts depends basically on how often you fetch from it and the quantity you fetched, assuming there is no leakages or spillage.

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That said, Battery capacities are measured in Ah (Amp hour) for big batteries like Car Batteries or mAh (Milli Ampere Hour) for smaller capacities like cell phone batteries. Now, if you have a 6000 mAh power bank and your phone’s battery is 1500 mAh, ideally you can fetch from your power bank four times before its completely drained. I believe you get the gist.

Now, having learned about power bank, let’s take a look at how we can make money from it. As stated above, power bank comes in different capacities, but the most popular are 2200 mAh, 5600 mAh, 8000 mAh, 12000 mAh and 20,000 mAh. Basically, these are the capacities people buys. The cost of the 2200 mAh in the local market is between N1, 500 and N2, 000 while the price for 5600 mAh is between N3,000 and N5,000. From Aliexpress, You can buy a 2200 mAh capacity for $3-$4 (N500 – N700),

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while the 5600 mAh capacity goes for $6-$15 (N1, 000 – N2, 450), depending on the design and the seller you are dealing with.

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Simply browse through the power bank catalogue on Aliexpress and check for the designs that interest you. However, you need to be extra careful when buying power banks from all these Chinese sellers. you need to ask questions from the seller before placing your order and remember; always check the feedback rating and score of the seller. Check what people that has bought the product before were saying.

Lets assume you decide to buy the 5600 mAh capacity for $6 (About N1,000), and you decide to buy 50 pieces which will be N50,ooo. Add N10, 000 shipping fee (Say you are using the service of a Freight forwarder) totaling N60, 000. That’s at N1, 200/unit. The market price of this capacity in Nigeria is between N3,000 and N5,000. Say you decide to sell yours at N2,500/unit; 2,500 multiply by 50 will give N125,000. Less the product cost, you have a profit of N65,000.

Selling this product is quite easy, you can decide to go to tertiary institutions around and sell to students; you can also supply shops that sells mobile accessories around you.

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Since I was a 22-year-old undergraduate in University, I've run a home-based business importing products from China and generating millions of Naira on a yearly basis. Since then, I've made China and its culture not only a key part of my business but also of my personal life.

2 Comments

  1. Now most mobile phone batteries are built-in.The power bank is very useful in your daily life.
    Qpower KPOW8 is more stronger,Which can fast charge input and output two-way.The world’s first dual QC2.0 fast-charge Power Bank.

    Strong endurance power
    Emergency time,fast charge the power bank for 10 minutes,can support the iPhone6 25% endurance power.

    Half an hour
    Only fast charge 30 minutes,the power tank will be 2400mAh,can support most mobile phone more than 50% endurance power.

    1 Hours:It only takes one hours to fully charge the mobile phone.

    2 Hours:It only takes two hours to fully charge the power bank

    5 times:Can be fully-charged at 1/5 the time of a regular mobile phone battery

    Capacity:9000mAh

    Intelligent Identification
    Super intelligent identification in the output, not only indentify the fast charging phones, but also the Apple iPhones and other normals phones. Can achieve the max. output of original chargers of any cell phones(except for OPPO and MTK fast-charge cell phones).
    Intelligent identify the charged mobile phones and devices
    Two USB ports can fast charge two mobile phones at the same time.
    The 5V-2.4A USB port can completely charge the Ipad.

    High-density imported LG brand cell
    More secure,Longer cycle life.
    More convenient,lanyard design,easy to carry. ID design for best grab feeling.

    Materials:
    1. LG 3000mAh cells (Same product line with Tesla, imported from Korea).
    2. Qualcomm top fast charge IC (Customers who using this IC: Motorola, Philips).
    3. LG imported fire-proof material.
    Product Name Safe Fast Charge Power Bank
    Model No. KPOW8
    Input Max DC12V-2A Compatible with 5V-2.4A or 5V-2A
    Charging Time 2-2.5Hours (Full)
    Output Port 1 Max DC9V-2A, Compatible with 9V-1.7A/9V-1.2A/5V-2A
    Port 2 Max DC5V-2.4A can charge the Ipad
    Fast Charging Time 60-100minutes (95% Full)
    Capacity 9000mAh,(3.7V 33.3Wh),Actual output 7000~8200mAh*2
    Cell Type Imported LG Brand Polymer Lithium-Ion battery
    Fire rating V0

    Hi-Chipcom is a professional hi-tech and outgoing enterprise in rechargeable battery R&D, production, development and sales.Our products have been approved the CE,FCC,RoHS,UL certificate.

    Any inquiry,contact with us freely.
    Sincerely
    Stan Lee

    HI-CHIPCOM ELECTRONIC CO.,LTD.
    Add:B2 Building,Fumin Industrial Park,Tangwei,Fuyong,Baoan District,Shenzhen,China.
    Fast Charge Power Bank,Power Bank,Mobile Phone Battery Radio Batteries,Detector Batteries,Game controller Batteries,
    Portable DVD batteries,GPS batteries,Notebook Batteries,Lamp Batteries,Cell Types.Lithium-ion Cylindrical Batteries,
    Lithium Tron Phosphate Batteries,Polymer Batteries,R/C Toys Batteries,Power Tools Batteries,Wearable devices’ batteries
    Tel:0755-81461866 ext 8118
    Fax:0755-29926528
    Mob:13316456618
    E-mail:sales@hi-chipcom.com
    Website:www.hi-chipcom.com
    http://www.hzt-batteries.com
    QQ:344450242
    Wechat:lishuntang1983
    Skype:manshuntang

    Reply
  2. Hot selling Powerbank and VR BOX from http://www.topsecupower.com

    andrew@topsecupower.com
    skype:andrew.yjd
    thanks!

    Reply

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