Everybody need to get some document printed on a piece of paper for future reference or photocopy a letter, print a scanned picture etc. whether you are a student or an employer or employee you still need a piece of paper.
Always keep in mind, when I say the word “paper” I mean the usually A-4 paper size which is popularly used in “cyber café” or “business centre” as they sometime call it.
In this article, I will disclose a profitable way one can make quite a lot of money from this business, if and only if you follow the process contained in this article.
What Do You Mean By Saying “Paper Distribution?”
A paper distribution business might sound a bit strange but in real sense, it just a business we all know about, so, that bring us to this question “what is a paper distribution business?”
Have you ever visit a cyber café to either check your email or get something printed, there is a particular kind of paper they use which is popularly called an A4 paper.
This is what this business is all about, distributing these paper to the right customers can mean thousands of naira daily if not millions (according to how you plan your business)
What Do I Need To Start This Business?
Starting this business is not hectic as most people think, it’s more of getting to know the right customers, what you will need for a start is:
- A place to source A4 papers
- Your customers
- A medium to distribute these paper to your customers
A place to Source your A4 papers
A4 papers aren’t exactly manufactured in Nigeria but are imported and the distribution of this paper isn’t even across all geographic areas in Nigeria. There are some places you can get these papers at a very cheap price and there are other places where they are extremely expensive and consumers can not travel for hours just to buy one piece or few pieces of paper for their printing work.
You need to have a customer base already waiting for you, it will be so unwise to go buy these papers before looking for who may be interested to buy your products.
A Medium to Distribute These Papers to Your Customers
You can be delivering these papers to your customer on request from them or periodically such as every week or month or even based on the agreement between you and the buyer. Your medium of movement can be a public transport, taxi (cab) or getting a bike for easy movement.
How Much To Start The Business?
One of the factors that scare people when starting a business is the amount of capital needed to initialize the business. But in this paper distribution business, it does not require much capital.
Staring this business with ₦50,000 to ₦100,000 is enough depending on the structure or business plan, but if you follow this guide then that amount should be enough.
Processes in Starting This Business
There are many steps to be taken before starting this business and I am going to explain the ones that are extremely important below.
Conducting A Market Survey:
I always empathize on market survey in most of my article because doing a market survey is the basement in a business. I always encourage business men and women to do a thorough market survey.
Doing a market survey shows you whether there is demand or supply of a particular product and when there is demand one can go into it as you can sell your product quickly but where there is more supply then demand one has to be careful and apply caution when starting the business and you do not want to get caught up when the market price of that product crashes.
In a paper distribution business, there is a demand for papers especially in areas such as schools, offices, markets and residence area but one funny thing is that you mustn’t be situated in those area those areas before you can tap into this business opportunity.
Buying The Paper
After knowing whether the paper distribution will be profitable or not based on your location, the next step will be “how to source the paper at a cheaper price” there are some options such as:
- Buying directly with from the manufacturer, which might be stressful if you do not have enough capital.
- Buying from a whole seller
Irrespective of where you source your paper from the goal is to be able to buy them at a cheaper price.
Know Your Customers?
Who are your customers and where do they buy from? When you know the amount of papers your customers use in a days, weeks or even in a month and the amount they possibly buy at, you can come in and offer a better rate.
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Your customers are people that use the papers more often such as business centres, offices and schools etc. you can get to know them by offering a discount for the amount of paper they buy or offer a free office deliveries.
Not all business need a physical location but having a location gives you the business edge and authority. Let’s take for example someone wants to find you or offer a business proposal, having the office location can promote your business well.
If you are still bothered about where to buy A4 papers from in Nigeria, popular locations such as Aba in Abia state and the famous Onitsha in Anambra state can serve as good starting point, mile one market in Lagos is also good too –as those area are there depot.
You can store there papers in your house, if you haven’t gotten the storage house/ware house or office space yet but you need to be careful of rodents that eat anything such as rat.
When you finally meet your customers remember that your customers will be after two things which are quality and good price, you can offer a discount of 2-5% for a start and as you acquire more customers and as more of them have faith in you, you can increase your price.
Have it in the back of your mind that there is loss in any business and you shouldn’t stop when you encounter hard situations, remember it helps to make you a better business person.
If you find these article fascinating please share with your friends and family and do comment below, I would love to hear from you.