Mini Importation, no doubt is the inn thing in Nigeria and few other African countries, which involves spotting out hot products from platforms like Aliexpress, Taobao, Alibaba, 1688, etc., buying some few quantities, then selling in your home country. This process requires you to ship down these physical products which might take couple of days and or even weeks – most of AGS 247 followers are very much aware of the Mini Importation business, BUT here comes what looks like the next thing Africans, especially Nigerians are going into – DROP SHIPPING!
Drop shipping is a supply chain management method in which the retailer does not keep goods in stock but instead transfers the customer orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer.
The Drop Shipping model does not require you to buy these products upfront, what you just have to do is build a store, upload these products pictures, description and the price (add your profit to the price from the seller) and then run your advert for customers to make purchase. Once an order is made, you direct the order to the manufacturer or wholesaler, then they ship the product straight to the customer.
Now here are somethings you need to know about Drop Shipping, especially if you’re going to be running it from Nigeria or other African countries.
1. The Drop Shipping business model will NOT work if you’re going to be selling to fellow Nigerians, this is because, it takes like almost forever to get products shipped from platforms like Aliexpress/China to Nigeria, even if it’s paid shipping, it takes most times from 15 – 60 days; no customer wants to wait that long to get his/her product.
2. Secondly, the drop shipping model won’t work right now in Nigeria because the model requires the customer to make payment before he gets his products. Now, the Mini Importation business has introduced the POD method (payment on delivery) which Nigerians are so so used to! It’s rare to get a huge number of persons willing to pay before they get to see their product here in Nigeria.
3. If you’re going to be Drop Shipping, make your target country those which have short shipping times from Aliexpress like the US, NZ, AUS, NZ, UK
4. The platform you’re going to be Drop Shipping from most times is Aliexpress
5. The two platforms I recommend you use to build your drop shipping store are Shopify and AliDropship. While Shopify has a robust feature and monthly subscription plan, AliDropship is a wordpress one-time payment plugin that can be used forever without subsequent payments.
While Mini Importation requires you to have money for the goods upfront, with drop shipping, all you need is setting up your store and add the product details, then proceed to getting traffic on your store.
There are more to be learnt about the Drop Shipping business model, and I might post its entire details soonest, but the essence of this post is to bring to your awareness a shift in eCommerce business in Nigeria, soonest, and I think you should be aware!
What Do You Think?
Which appeals more to you and why?
Mini Importation or Drop Shipping?
Drop your comments below…