Stationery business in Nigeria and any other part of this earth is a profitable and viable venture. Almost everyone do use a stationery item such as a pen, book, pencil, eraser etc. The most interesting thing is that these items are used everyday. You can start the business the same way bookshop business is started. Some people are of the opinion that stationery is part of bookstore. On this post, you will learn how to begin a stationery business in Nigeria.
That is why some traders who are into bookshop business also incorporate stationery items. How many shops around you are into office supplies business, only but a few in fact you can easily count them. This is to tell you there i s room to establish and grow in the business since it is yet to be crowded.
Requirement for Starting a Stationery Business in Nigeria
Capital is very important when starting a stationery store business, unlike some businesses whereby you can negotiate with the dealers to pay after sales. Some stationery items are imported and you can’t buy on credit. You can source for capital from friends, family or work and save money for the business. The amount you need should cover: shop, stationery items, miscellaneous etc.
Get a shop in a good location that supports your stationery business, such environment includes: school environment, office concentration, market etc. Higher institutions make use of stationery items in volumes so establishing your business in that environment means more profit.
- Carve a Niche
Choose the type of stationery shop you intend operating. You can sell only printing materials, stencil papers/white paper, only pen on wholesale, educational stationery, office/ business stationery or a combination of all the stationery item (general stationery. Let your store meet needs.
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Identify Where to Buy Stationery Items
It is important to identify where you will be buying stock. There are also large warehouse where you can be purchasing your stationery.
How To Begin A Stationery Business In Nigeria (Office Supply)
- Exercise Books
- Paper clips
- Note pads
- Super glue
- Transparent files
- Letter head
- Business cards
- A4/A5 papers
- Stencil papers
- Sticky notes
- Drawing book
- Book cover
- Mathematics set
- Gift items
Stationery business is very lucrative; the profit is from 3o% and above. It is very possible to sell a boo k you bought #50 at the rate of #150 especially if you imported the item. Wholesale stationery dealers make a lot of profits because they sell in volumes.
Sell fast movable items so you can earn profit fast. Some items are seasonal such as exercise books sells more during resumption. The prices of stationery items in Nigeria is set according to the amount bought. You can start as a wholesaler or retailer.
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