If you’ve landed on this article page, you’re probably searching for a
good business idea—an idea that’s light on the pocket but heavy on
returns, promising both a fulfilling journey and potential profit.
|
How to start lucrative Bitter Kola export business in Nigeria
Bitter Kola export business – This is one of the Nigeria’s
hottest non-oil exportable products that’s making millionaires
on a steady count. A highly sought after product in the
International market. Countries like China, Japan, Indonesia,
Thailand etc are known to be on the forefront of list of
countries that import bitter kola in large quantity.
The export of bitter kola has become a significant economic
activity in Nigeria. The global demand for this medicinal plant
has increased, creating opportunities for Nigerian farmers and
exporters. Bitter kola export contributes to foreign exchange
earnings and provides employment opportunities, especially in
rural areas.
Ideally, bitter kola as a product comes in different dimension,
as well can be exported according buyer specification, it could
be wet, dry or in powdered form.
Bitter Kola has the following importance: Curing cough, Curing
chest pain, Curing tooth ache, Rheumatism, Hernia, Dysentery
It does not necessarily require shipment in large amount,
depending on your financial outlay, you may start little by
doing a trial order
With N600k – N800k you can venture into this business, it does
not require huge capital
Owing to its nature, the exportation is usually through air
cargo via courier services, this is expected to reach the buyer
within 4 days at most, so as to retain its physical properties
in good faith
It could be transported either dry, fresh or in powdered form,
but mostly dry or fresh form are in high demand.
The packaging does not require an airtight material, paper
material is usually ideal for aeration, which if not done could
change the color or shrink, at this point buyer specification is
not met.
You can start exporting gracinia Kola from the comfort of your
home, it’s not as complex as projected.
Preserving Bitter Kola for exportation
Bitter Kola export business, like any other requires that you
understand the basics of keeping the product in shape to meet
most buyer specification.
For fresh order, you will need to preserve it at room
temperature, this is the best approach, do not use the sunlight,
it’s not good for the business.
Spreading bitter kola at room temperature for say 4 days is most
certain the best way to meet this specification.
Packaging Bitter Kola for export
It will be good to understand that gracinia kola requires a
special packaging, packing in a nylon or airtight ware is not
ideal, will have the product shrink, sizable
paper envelops are usually ideal, it ensures aeration,
which helps it stay fresh and maximally fit.
Exporting Bitter Kola: You may export as little as 150kg as a
trial order, the cost in the international market is around
$16-$25 per kg, the local cost ranges between N8,000
to N9,000 per kg depending on the point of its purchase
however.
It preferably travels by air cargo via courier service like DHL,
UPS etc, this is to hasten the delivery in good faith. Air cargo
Charges N1500 to N2000
per kg
How to receive payment for Bitter Kola export business: I’ll
recommend safest ways to receive payment from a foreign buyer,
this sums the whole process, if you can’t receive your money
then you’ve got no business exporting.
Cash in advance or wire transfer via bank account: This is a
practice where you collect the payment for your goods in
advance, this usually happens through bank wire transfer.
Credit sales/Letter of Credit: This is a process where the buyer
obtains a credit from his bank, authorizing that his bank should
pay the seller on his behalf through the seller’s bank. The
seller gets paid once the buyer confirms receipt of goods in
good faith, document can then be released for onward clearing
where it involves heavy item in a container.
Document against payment/Draft documentary: The seller uses the
bank to receive payment, the goods are usually shipped with a
bill of Lading through his bank, the bank then forwards it to
the buyer’s bank in his country of residence, the buyer’s bank
then collects payment from the buyer before releasing the
product.
Bitter Kola export business can be so rewarding, seamless and
stress free, just get your buyers, source and package your
product according to specification, ship and collect your money
with any of the payment method that appeals to you.
The export of bitter kola from Nigeria presents a valuable
opportunity for farmers and exporters. With its numerous health
benefits, cultural significance, and increasing global demand,
bitter kola has the potential to contribute significantly to
Nigeria's economy. By ensuring high quality, adhering to
regulations, and adopting sustainable practices, exporters can
make a positive impact on both the industry and the communities
involved.
Don’t miss this opportunity to get started on your dreams! Take
the first step towards making money and living the life you
want. Existing small business owners who want to expand into new
markets can also benefit from this lucrative Bitterkola export
business opportunity . Our full mentorship guide will allow you to start Bitter Kola exportation immediately as we have trusted and reliable buyers that can give you Bitter Kola contract immediately.
|
