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Seven Ways To Promote Your Export Business The outcome of your promotional strategies can make or break your export venture. In this context, promotion refers to any or all of the communications tools listed below that you may use to convince people to buy your product or service. Advertising – carefully select the media that …
What To Expect When Importing Long Lead Times – Most overseas vendors won’t even begin making your products until you actually place an order and put down a small down payment to cover the cost of materials. Depending on the nature of your items, expect to wait anywhere from one to four months to get …
Shipping Your Goods From China At Less Cost If you want to import some products from China, one of the main points that you have to take into consideration is how to deal with your product freight. Even if you apply CIF terms, to avoid loss and make maximum profit, you’d better know how to …
Flexible Foam Business – products like mattresses, pillows, rug underlay, cushions, shoulder pads, furniture, and fittings are all end-products of flexible foam. Incidentally, the production process of flexible foam is as simple as ABC. And it doesn’t require more than a few thousand naira to start. The simplest formulation of flexible foam can be done …
Smart Way To Select Export Market Given the number of markets worldwide, which might be showing high potential, the question arises as to how to select this market smartly. Information is what you need to select an appropriate export market. And again, using, chamber of commerce, your industry association, relevant export authority, and your colleagues …
Export Risk Management Plan Risk management is a process of thinking analytically about all potential undesirable outcomes before they happen and setting up measures that will avoid them. There are six basic elements of the risk management process: • Establishing the context • Identifying the risks • Assessing probability and possible consequences of risks • …
Provision Of Students Accommodation Is Still A Money Spinner Eight years ago (December 2004, and then in January 2005 editions of SuccessDigest) we exposed this business opportunity to our readers. Eight years on, we can tell you authoritatively that this business is still a money-spinner for anybody to tap into. Research conducted recently by SuccessDigest …
Mobile Phones – Did you know that Nigeria’s mobile telephone subscriber base had hit105.2 million as at August, 2012? Well, that is what the subscriber data released by the Nigerian Communications Commission revealed. All of those subscribers would need mobile phones and even if there can be two SIM cards in a phone, the number …
How To Set-up A Computer Based Examination Centre And Make Good Money From JAMB, WAEC, Banks, Telecom Companies, Etc. Innovation in technology is sweeping through everything and the education sector is not an exception. This year, for example, 75 percent of the candidates that would sit for the Unified Tertiary Matriculation Examination {UTME} would be …
Quoting the latest statistics from the National Bureau of Statistics, the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi said the nation’s unemployment rate has doubled in the last five years to hit the red-button zone. Sanusi said: “Unemployment rate in 2011 was 29.3 per cent. This means that it has doubled since …