Do you want to start a profitable business and make money? Have you ever been interested in the importation business but doesn’t know which product to order and resell? Importing shoes, Ever thought of that? Do you know the demand for shoe will never go down because everyone needs at least a pair? Generally speaking, profit margins are high in shoe business. Why not read this post to the end and how you can start importing shoes online and resell for maximum profit here in Nigeria.
Everybody wears shoes. Girls even love collecting them so why not start a shoe business if you look at the prospect of engaging in a retail business? While importing shoes can require considerable capital from you, the shoes business can be very profitable.
Here are some of the things that you will find interesting to know if you plan on starting a shoe business:
Where to Buy Shoes Online
You will need to look for wholesalers of shoes if you want to start a shoes business. Alibaba has a large database of shoe wholesalers but it is important that you verify the credibility of the wholesalers you are dealing with. It is also best to get quotation from a number of shoe suppliers on Alibaba so you will be able to determine the best and most cost effective supply channel.
What type of shoes: Low End or High End Shoes?
When starting a shoes business, you will find it valuable to determine who your target market will be. This will allow you to determine what type of shoes you are going to sell. You can sell low end shoes, high end shoes or both depending on what type of clients you expect to patronize your shoe company. For example, If you leave in a densely populated area filled with low income earners, Buying low end shoes will be the wisest business decision you have to make. Your shoe store business start up capital will also determine what type of shoes your will be able to sell. Generally, selling low end shoes will guarantee you of quick sales.
Marketing and Selling
Selling shoes these days is no longer limited to opening a brick and mortar shoe business store or selling by the road side. Many shoe business operators have realized that selling their items in the internet through online classified sites like OLX, Tradestable, Kaymu etc, and also through their shoe market business websites can be very profitable. You just need to have a secure payment system and a delivery service provider that you can rely on. You can provide a catalogue of the shoe products that you sell in your website so it will be easier for your clients to choose from the shoes that you sell. While an online presence for your shoe business can help boost your sales, it is still important that you acknowledge the importance of a brick and mortar shoe market business outlet because this is where you can display your products and sell directly to your customers. It is important that you choose a location where people can easily see and purchase your shoe store business products. Setting up a shoe outlet in a mall or in similar high traffic areas would be a great idea.
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