How to Start Up a Drinking Water Retail Business in Port Harcourt, Nigeria.

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The drinking water retail business is one of the most lucrative businesses in Port Harcourt. I can even tell you that this business would be lucrative anywhere in Nigeria. The reason lies in the continuous need for drinking water by the people in the area, and so, they would always want to spend their money on getting quality and affordable water that they can drink. Hence, this article is aimed at telling you how to start up a drinking water business in Port Harcourt, Nigeria. You can also use this ex-plainer to start anywhere in Nigeria but the thing is that there could be difference in prices, so, it is important that you explore the cost before continuing with this article if you are not in Port Harcourt. Without further ado the processes are as follows:

1. Find a Place:

The first thing to do when starting this business is to find a place where you would sell the water. This place should be a place that truly needs the water. In other words, this place should not have too many people selling the drinking water. This would help you avoid unnecessary competition as a newbie in the business. However, if you feel that you can cope with this kind of situation and the market there is also impressive, then you can go ahead with the plan.

2. Find a Whole seller.

The next thing is to find a whole seller from whom you would buy the water in large quantities to sell. In Port Harcourt, whole sellers could sell as low as two thousand Nigerian Nairas for eleven bags of sachet drinking water. If you sell this for two hundred Nigerian Nairas per bag, then you could get a gain of two hundred Nigerian Nairas. If you sell for more, then you would get even more. However, don’t make your price outrageous and in such a way that it would scare the customers away.

3. Get the Capital:

The third thing to do is to get the capital. If you are looking to start small, then you should figure out how to get the two thousand Nigerian Nairas and your rent for the space you have acquired if it is not your own or given to you free of charge. However, if you are looking to start big, then you need more than that two thousand Nigerian Nairas to get more bags.

4. Have an Attractive Sample:

The fourth thing to do after getting the capital and purchasing the water is to have an attractive sample. Don’t just sample the bags anyhow. Do it in such a way that the buyers would be captivated whenever they see it. Packaging is very important.

5. Advertise Your Business:

Even though you may not have any competition, you still need to advertise your business. You may not necessarily start by paying people to advertise for you. You can do that yourself at the beginning and when the business grows, then you can begin to pay people to do your advertising for you.

6. Grow and Expand:

The last thing on our list is that you grow and expand the business. For the fact that you started the year and the business with eleven bags doesn’t mean that you would end the year with eleven bags. You can end with two hundred bags and one hundred customers or even more. Try to initiate policies that would expand your business and also make your place beautiful and attractive. Like I said before, packaging is important.

If you have any questions, you can write them down in the comments section, and it would be duly attended to.

Thanks for Reading!!

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