Export Brokerage Business -How To Start A Profitable One

export brokerage business

After careful research and learning and also trying out myself, I think export brokerage business is one business Nigeria youth need to be aware of, there are so much money to be made in this business, and it is same business aliko dangote the richest man in Africa started with before he finally go to the place you see him today.

Though I do mention aliko dangote but that doesn’t mean the business is a get rich quick business most that goes looking for “get rich quick business” ideas never get anything worthwhile rather they fail repeatedly, and get scammed far too often.

Some people wishes to make money yet they don’t want to do anything to achieve that, how is that possible. To make money you have got to do something. You don’t do work, you don’t get paid. And let me remind you aliko dangote himself works around the clock even as the richest in Africa.

But thankfully, this business opportunity is very easy to do, very simple to implement and it affords you LOADS OF FREE TIME!

So what is export brokerage business?

It is profession that involves been the middle man or link between an external importer and an exporter, also the clearing of goods through barrier for an exporter and importer according to Wikipedia.

Export brokerage is the same business that has made many Hausa and Fulani business men rich since the 1800.It made Alhaji Aliko Dangote’s GREAT-GRANDFATHER a multi-millionaire in the 1800’s. same goes for Alhaji Aliko Dangote’s GRANDFATHER, Alhaji Sanisu Dantata a multimillionaire in the 1900’s and also what Alhaji Aliko Dangote learnt and mastered from his mother’s immediate family that had him start growing his wealth in 1978.This business was the genesis of his wealth. And with the money he made from it, he has been able to expand it into other sectors of the economy which today has made him a place as the richest black man in the world and the richest man in Africa.

And before you start thinking this is only limited to the dangote family, in facts its not. Other rich families in the northern Nigeria like the Not only them but very rich families like: The Abudul Mutallab family, The Rabiu family and same goes to The Dasuki family and in fact every famously rich family in the Northern part of Nigeria.

And before you think this is everything, you will need to think again because almost Half of the Indians and Lebanese who troop to and live in Nigeria do this business EVERYDAY.

My point is, export brokerage business is such a money-maker you will be a coward not to get involved in it today because, today you have the internet. The telephone and an email address in your hands, tools to use to take advantage and score big with this opportunity. Tools that the Indians and Lebanese I just mentioned are using too every day.

Export Brokerage is a very lucrative business opportunity that lets you bring a foreign importer and a local exporter together so they can transact business between each other and you get paid commission for linking them up just as it is done with the regular estate agents here in Nigeria.

In synonym, your job is to link importers who are outside Nigeria and exporters from within Nigeria together for a commission. Most of the time the fees or commission are not some little cash but real cash in thousands of naira or sometimes millions! The importers most of the times are manufacturing companies who need these products for production. The exporters most of the times are middle men who source the product locally directly from the farmers and producers.

So what about the kind of good this set of people exchange, there are many of them but below is a little list of some;

Hides and Skin

Charcoal

Precious Metal (Gold, Silver, Copper)

Crude Oil

Cashew Nuts

Sesame

Cassava

etc.

Before you start thinking how can this be when this product are abundant in the country, why wouldn’t other country not have them abundant too? Of course climate and some other factor are the reason some of this are not seen in other countries hence the need for them to look for countries with abundance of it to buy from. So you can make thousands of dollars setting up deals linking exporters who have those exact goods to importers abroad who need them.

To be successful in this business, there are 5 important steps you will need, I will talk more on them as I go on in this post and make it as easy to understand as possible.

Step One

The Initial Critical First Step

When starting an export brokerage business, the very first thing you need to do to succeed is to ask yourself the following 3 critical questions.

  1. What products do foreign importers want most?
  2. How much is it sold for on the international market?
  3. Is it exportable?

What Products Do Foreign Importers Want Most?

It is important for you to know what products importers in other countries want to buy, this means that you have to find out which product is in high demands by manufacturers around the world.

So the question you will want to ask is how will I find out?

Of course I will tell you how, you do not even need to go far or to do too much before you find out what it is they want.

Two of the leading most source products in the world is this two;

  1. Agriculture and agro allied products
  2. Solid minerals

Though knowing this, there are things you must bear in mind and this are listed below;

  • Companies only buy what they want, simple and short.

Obviously. You cannot expect a company which manufactures chocolate products for Example, to buy anything else apart from cocoa, its impossible

 

  • Do not ever approach a company trying to sell them what they haven’t expressed an interest in buying.

This one relates to the last point. If you do this, you’ll be seen as an amateur and in this business; amateurs do not have a place.

So now let’s go to the second critical question which is how much is the product sold for in the international market.

 

How Much Is It Sold For On The International Market?

Of course you will need to find out exactly the price the product is been sold in the international market and you can do that in the following ways;

You should ask the sellers (they will tell you exactly the price they are willing to sell), you can also ask the exporter themselves how much the products are selling for on the international market, of course they too will tell you the price at which they themselves sell.

 

So where then will you get the information you need? Websites such as www.importexportplatform.com will help you with this; you can use this website above to check the prices of products in the international market. You need to know this because your need a base price to negotiate from. Am sure you don’t understand that but don’t worry I will explain what I mean as you read on.

 

Is It Exportable?

Ofcouse you will need to know if the product is exportable; what are the local and existing laws. You need to know what the existing law for each commodity is.

Be sure that there is no restriction or a lot of bottlenecks on the export of the commodity from the originating country.

Ok let’s say for example, in Nigeria theirs is a law against individuals and companies without an oil license selling crude oil abroad. You can find out which other products are restricted or forbidden for export, so you can do that by visiting this website https://www.customs.gov.ng/ProhibitionList/export.php

 

So now this is everything about step one, so let’s move to step two.

 

Step Two

The Search

So when I say the search what do I mean, I mean searching for exporters and importers alike

The next thing you want to do is you want to find companies locally that export products abroad, so

 

Where will you find these exporters?

 

you might want to ask, there are ways which you can do this and here is a list of them:

 

  1. Nigeria Export Promotion Council has an accredited list of exporters you’ll

Spend =N=13,000 to get but don’t worry I will offer it to you for a far lesser price.

 

The Nigeria Export Promotion Council (NEPC) is an agency set up by the Federal

Government and they have a list which contains a list of their accredited and registered export companies. This is is GOLD; if you can get it then you really have done half of your work.

 

  1. www.alibaba.com is a very vast business directory where exporting companies come to search for importing buyers.

For you to find exporter on alibaba.com, all you will be required to do is just to type in exporter+product+Nigeria. Say for example you are looking for an exporter from Nigeria who sell sesame seed, then you need to do the following, type in “exporter+sesame+nigeria”

See below the search I did.

 

And let me give you a warning note!

After doing this, the next thing you will want to do is you want to find exporters, companies locally that export products abroad.

 

So by now its time to look for importers and the question will be;

 

Where do you find Importers?

 

  1. www.alibaba.com

Previously we used alibaba to look for exporters; we can also use it again to look for importers. This time however, you will need to switch up the search keywords and replace the exporter with importer.

So here is how you do it importer+product+country. Say for example you’re looking for an importer of sesame seeds in Thailand, and then you need to type in “importer+sesame+thailand”.

 

It is worthy to take note that the importers you’re looking for are not those based in Nigeria. They are those based in other countries who buy the products that are produced here in Nigeria and sold by exporters, do you get it?

 

  1. www.linkedln.com

This is another website you can search for importers, all you need to do is to simply register on the website as a member, then you start searching for groups related to what you are looking to export and then you join them. After you must have done that, you can then search the groups for people looking for exact products.

You will need to search for these groups by typing in the following keywords into the search bar and search using industry specific keywords such as the one below;

  • Export Nigeria
  • Nigeria groups
  • Import Nigerian

And here is a snapshot of the result I got after searching with those same keywords I gave you.

nigeria export group

and

nigeria exporter group

 

That’s it; now let’s go to the third step

 

STEP THREE

The Approach

Now this is the stage where you will now contact the exporter, and then the importer.

  1. You need to get approach the exporter FIRST.

You can either do so . . .

– As an independent agent.

So When you approach the exporter as an independent agent, you make will make it clear right off that you want to represent them and help them get buyers from abroad for their products. Of course you will need to tell them that you will not charge them any fees whatsoever as you will be adding your own fee to the price they wants to sell their products to your link. All they have to do is pay the fees you added to their price as your commission.

As an independent agent, you can then approach importers and tell them you are an independent export broker and can help them source quality products from Nigeria or whatever country your exporter is based.

There is only one issue with being an independent agent and that is this;

The importer will know you will be getting a commission out of the money is paying, so they will negotiate hard on the prices you give them. Just reassure them that you are acting as their mouthpiece and their representative, and make sure your loyalty is to them and them alone, not to the exporter. Reason being that . . . It’s the importer’s money that you will be paid with.

– As the exporter’s representative.

Another way which you can use to approach the exporter is by asking to represent their company, in a case like this you are essentially working for the company. This approach is not as good as it makes you dependant on the exporter and they can cut you out of any deal whenever they wish to

 

Please take note that you must request from the exporter, a written letter printed on their company Letterhead, signed and stamped authorizing you to represent them to represent them in any deal.

 

Never do business with any exporter who will not provide this letter. You must get it because it may come in very handy in the future and can save your ass.

 

So whichever method you choose to use, when you’ve done it,

 

  1. Then you contact the importer.

You can either choose to contact the importer by phone or via email address telling them you have a credible, cost effective and original source for accessing the products they want. And if they’re interested, should contact you immediately.

 

Lots of them will contact you because you are getting the stressful job done for them, you can also call them on phone and tell them

 

  1. Then you negotiate between both sides.

So when you have secured an exporter with a specific kind of product and an importer who want exactly that product, you can then start the . I know you also want to know you will do that.

How do you do that? You will learn that in the next step.

 

Step Four

The Negotiation

So now after you must have secured an importer with a specific kind of product and an importer that wants exactly that product, you can then start negotiation with both parties.

 

Not just negotiating anyone, there are four most important things you will need to do when you start negotiating between the importer and the exporter and here are the things;

  1. Speaking the import-export language
  2. The final price of the product (per metric ton) agreed to by both parties
  3. Which inspection company to use
  4. A payment plan for the product agreeable to both parties

But wait let me decode this so that you can understand them better.

 

  1. Speaking the Import-Export Language

Just as you know every business has its own language (terms, phrases and words) which practitioners

Use to communicate. And if you don’t speak that language you will look like an amateur and nobody wants to or will ever deal with someone they perceive to be an amateur, importer and exporter alike.

But no need to worry will show you how you can learn this language. You can learn import-export language, by visiting this link http://www.startimportexport.com/Understanding-international-trade-import-export-language

 

  1. The Final Price Of The Product (Per Metric Ton)

Now when you start negotiating with both parties, the exporter will have their own price.

So here’s something important!

 

You MUST not give the importer the exact price the exporter gave you. At all! You don’t the price you give the importer is. . .

The Exporter’s Price + The Commission You Want

So let me further explain this so you will understand

For instance the importer want to buy sesames seed which we earlier search for and the exporter you found said the cost of their sesame seed is $1600 per metric ton. You do not just go ahead and tell the exporter the price is $1600. You will have to add your own commission which is what you want to be paid to that price and then you present it to them.

This is all because you are paid that extra amount which you added on top when the deal is completed and closed.

 

So in this case, I could give them (the importer) a price of $1800. This means that I Added $200 to the price the exporter says they will sell which is $1600.

 

If the importer agrees to the $1800 price I give them, I will be making $200 multiplied by how many tons of the products they buy.

 

It’s straight forward! But Sometimes the importer will not agree on the price. No problem. Just negotiate it with them and make sure you do not fall too close to or on the same price the exporter gave you.

 

Please it is important to take note that you should not add too much money as commission to the exporter price. If the price you give the importer is higher than the price in the international market, they will flatly refuse it.

 

So it will also make some sense to be sure how much the product is selling on the international market for two reasons;

  • So you’re sure the exporter is not charging too much. If they are, there’s always another exporter you can contact. There are plenty of them.
  • So you’re sure that when you add your own commission, it’s not above the international price.

 

The point is not to get too greedy because if you do you will spoil almost everything

DON’T FORGET! The exporter will NEVER pay you out of their earnings. You MUST add what you want to earn to the price they give you and then negotiate the final price with the importer.

 

The great about this is that most importers buy many tons at once. So even if you’re making just $100 per ton, when multiplied by how many tons the importer is buying, it becomes a lot of money!

 

  1. Which Inspection Company To Use

 

So another point of conflict may be the inspection team to be used. Some importers have their favorite inspections teams which they trust and use always. Likewise the exporters on the other hand, also have theirs. Where the two parties have different inspection companies, you have to negotiate with them and get them to agree to use one.

 

For me, I would rather both parties use the importer’s inspection company. This is because my loyalty is to the importer 100%. If the importer’s inspection company is not in Nigeria, then suggest they use the exporter’s own.

 

Inspection companies are companies that go to the warehouse and ports to inspect the goods and assure they’re of top quality before they are shipped.

 

  1. A Payment Plan For The Product Agreeable To Both Parties

And now after you must have done the first two things I described earlier, you will now need to reach a payment plan agreeable by both parties

 

Most importers will want to pay only 30% FOB and the remaining 70% when they take

Possession of the goods.

 

FOB means Freight on Board and it is a term indicating that delivery will be made on board or into a carrier by the shipper without charge. The abbreviation FOB is followed by a shipping point or destination. The invoice price includes delivery at seller’s expense and seller’s risk to the specified location. For instance “FOB our warehouse in Paris, France,” means to a buyer requesting Paris, France delivery that the seller who might have its headquarters and billing office in Lagos, Nigeria will pay shipping costs from Lagos to Paris. Title (ownership) usually then passes from seller to buyer at the FOB point. Please read the earlier link I gave you to understand the import-export language better.

 

So like I said earlier in the post, most importers will want to pay only 30% FOB and the remaining 70% when they take possession of the goods.

 

This is because they want to minimize their risk, and feel safe.

 

On the other hand, most Nigerian exporters want importers to pay them 50% FOB, and the remainder of 50% when they take possession. When such a situation arises, you will have to negotiate between both parties to get them to agree to one payment plan.

 

So that is it , now its time for the fifth step.

 

Step Five

The Linkage

So y now after you must have gotten the two sides to both reach an agreement, its time you link both the importer and the exporter together so they become aware who they are

 

Without this, your deal will not go ahead. You need to trust them to handle everything else from this point going forward, especially because the banks will get involved in the deal to send money, raise LPOs, and do the many other little things that is required to make the transaction a success, so you can get paid.

 

But wait, you don’t just link them up just like that. No.

 

You should only do this after:

 

You should approach the exporter telling them that your contact has agreed to their requests and you give them a SOLID agreement drawn up stating how much you’re getting paid for bringing them that client.

 

The agreement will state the quantity of products the importer is buying, how much the final price is, how much your exporter is charging and how much you are going to get paid when the deal is closed.

 

It should also contain stipulations that you get briefed on the progress of the deal or otherwise and shown proof, and that you get paid IMMEDIATELY the deal is closed and the exporter receives FULL PAYMENT.

 

It is after all this that you can then bring them together otherwise you will NEVER GET PAID

 

That is it…

 VERY HOT OFFER 

So now like I said earlier , I offer to give you the accredited list of performing exporters of over 40 pages and a total of 529 exporters of different product by the Nigeria Export Promotion Council as seen below

FIRST PAGE

list of performing exporters

LAST PAGE

list of nigerian exporters

 

As well as the format of the message to send to the seller as seen below, you can type it out if you want but if you get the list of exporter its will come along with it free..

message to send to exporter

And also this below which is the letter of authorization as stated in the post

 letter of authorization format for exporter

You will get all this for just 5500 Naira only and you can get it by sending a mail to contact@olujimimetilelu.com

 

Also please I will so much appreciate if you drop your comment on this post after reading, whether for appreciation or to ask questions, I will be ever willing to answer all your questions.

Credits: RONALD NZIMORA

 

 

96 Comments

  1. rotimirogesin said:

    hello, please i will be very gratefull if u can be my mentor on this cos i ‘m into haulage business @ apapa & i have interest in exportation.& what of how to be a sourcing agent?thanks.

    September 29, 2015
    Reply
    • Hello mr Rotimirogesin thank you for reading this post and also for taking the time to leave a comment, as you can see i have explained everything on export brokerage on the post and that is a much desired knowledge you need to start with as far as you have the list of accredited Nigerian exporters and the template document as stated in the offer section of the post then you are good to go and i can always answer all your question here on the blog, so that other people will also learn from it.please go on and ask as many questions as you want and don’t forget to take advantage of the offer at the bottom of the post.

      Thanks

      September 30, 2015
      Reply
  2. franklin said:

    The guide was very impressive , this is the information guide, which some people give as a seminar or as EBook and collect money , even they may not make it clear as you thus. I have interest in Exporting and Importing , I even attend some seminar but I still find it difficult to start due to some limitation like registered company certificate , finance and to get foreign importers( buyer) for the Agri commodity. Your blog was very interesting , that is even getting me approach to this. I will need more info on these topic and guide

    October 1, 2015
    Reply
    • Hello mr Franklin am glad you love the post, its very explanatory and detailed, all you need is to read it over and over and you will soon realize what you are looking for is already there on the post. as per getting buyers for the commodity i mention going to alibaba.com and linkedln.com to sought for buyers, there are lot of buyers looking for sellers on this website, and if your pricing is right you can land one. if you haven’t get the list of registered Nigerian exporters yet, i will recommend you get it as recommended by me on the post, i offer it to my readers for less even though i bought it at a higher price. if you have further questions feel free to drop it here in the comment , i will be glad to answer them all.

      Thanks

      October 1, 2015
      Reply
  3. Quality posts is the key to attract the viewers
    to go to see the site, that’s what this site is providing.

    October 2, 2015
    Reply
    • Hello Mr Emulateur 3ds thanks for the comment, i am very glad that you find this post helpful, i do hope you go through other post on the blog too and dont forget to drop your comments on them too.

      Thanks

      October 2, 2015
      Reply
  4. olutosin said:

    Nice one, you really break it down and am so interested in this, getting a mentor like you will not be a bad idea. One still need an experience personbeside him at start point.

    October 5, 2015
    Reply
    • Hello Mr Olutosin, thanks for the comment and appreciation, of course if you need my mentor-ship i can mentor you, but firstly you need to get the accredited list of exporters by the Nigeria export promotion council from here http://olujimimetilelu.com/my-products-and-services/, i can answer all your questions here on the post after you get it so others can learn too.

      Thanks

      October 5, 2015
      Reply
  5. lawal said:

    Bro, I really appreciate this post. I have been looking for a sure way like this. Thanks for the enlightment. I will go take action ryt away. Thumbs up

    October 8, 2015
    Reply
    • Hello Mr Lawal, am very glad you appreciated the post,ofcourse you need to be an action taker for you to be successful in life, only thosee who take action see result.

      Thanks

      October 8, 2015
      Reply
  6. AYODELE MATHEW said:

    IF NT INFORMED SURELY ONE IS DEFORM DIS CREATIVE,EMULATOR AND ICONIC INFOTECHNICIAN IS A PHENOMENON TO OUR GENERATION.WE SHOULD CELEBRATE A TALENT WHOSE RESEARCH WILL BE HELPFUL.THANKS FOR DIS AS WE EXPECT MORE FROM YOUR DESK.

    October 8, 2015
    Reply
    • Hello Mr Ayodele Mathew, thank you for the comment and I am sure you will get more than you bargain for from this blog.bookmark tha adress and do visit from time to time to check for updates. Also go to the top right of the page and enter your email to give me permmission to send updates to you when next I upload a new post.

      Thanks

      October 8, 2015
      Reply
  7. raskid said:

    this is great, a great info from a great scholar. its really a wonderful and a helpful post

    October 8, 2015
    Reply
    • Hello Mr Raskid, thanks for the comment and appreciation, i do hope you will checkout other post on the blog and dont forget to subscribe for updates

      Thanks

      October 8, 2015
      Reply
  8. Wakani said:

    Nice & educative post u’ve got there. Apart from alibaba & LinkedIn sites, is there any other links one can use in contacting the potential importer of a product?. As an independent agent, what are the exact procedure to be taken to ensure u get ur commission paid without any hitches?.
    Thanks.

    October 10, 2015
    Reply
    • Hello Mr wakani. thanks for the comment and for appreciating the post, of course you can look for import and export forum on social media such as Facebook, twitter etc and also you can use Google to search for them, but alibaba and linkedln are my main go to place. like i said there are document that need to be signed and also you will need to involve a lawyer.if you look at the my product and service section of this blog you will find that there is a offer on the documents necessary for the business at a fee,m it will be best you get hold of them and half of the job is done .

      Thanks

      October 11, 2015
      Reply
  9. You actually make it seem so easy with your presentation but I find
    this topic to be really something which I think I would never understand.
    It seems too complicated and extremely broad for me. I am looking forward
    for your next post, I’ll try to get the hang of it!

    October 15, 2015
    Reply
    • Hello Plentyof Fish, thank you for taking the time to comment, the best way to write about something like this is to make it as simple to understand as possible. you might not have understood the post because i wrote it specially for Nigerian, but other in other country can also find it useful, all you do is make your country the reference point.

      Thanks

      October 16, 2015
      Reply
  10. Hey I know this is off topic but I was wondering if
    you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates.
    I’ve been looking for a plug-in like this
    for quite some time and was hoping maybe
    you would have some experience with something like this.
    Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new
    updates.

    October 16, 2015
    Reply
    • Hello Plentyoffish, thanks for the comment. i think there is one called Tweet and you can search for it in the plugin area of wordpress

      Thanks

      October 16, 2015
      Reply
  11. Whoa! This blog looks just like my old one! It’s on a entirely different subject but
    it has pretty much the same layout and design. Wonderful choice of colors!

    October 16, 2015
    Reply
    • Hello Plentyof fish, thanks for the comment, please be informed that your comment will no more be approved if it does not relate to the post in question.

      Thanks

      October 16, 2015
      Reply
  12. Femi said:

    Bross more honey to ur brain, tanks a lot for the good job @ no cost God will reward you, pls I need a freight forwarder in indonesia to help me forward some stuff here. Dhl UPS EMS r too exensive

    October 19, 2015
    Reply
    • Hello Mr Femi, thank you for taking the time to drop your comment and i also thank you for appreciating this post. according to your question i think you will have to call any of the recommended logistic company i mention and ask them if they ship from Indonesia and if they don’t then you can try chibykeglobal.com they can help you ship from Indonesia according to their website thou i haven’t used them before, so call them and inquire and always make sure you are dealing with a real person, to do this visit their office before you make any payment.

      Thanks

      October 19, 2015
      Reply
  13. lawal said:

    I have bin trying to act on the import export biz , but my problem ryt now is: on alibaba.com, one does not know who the importers are, everyone seems to be an exporter of some products. Pls how do I know who the willing importers are?

    October 20, 2015
    Reply
    • Hello Mr Lawal, thank you for taking the time to leave a comment, as for your question I have already answered it on the post, you search for exporter the same way you search for importer.please read the post over again, everything has been mentioned there.

      Thanks

      October 20, 2015
      Reply
  14. Linda Ikeji said:

    An intriguing discussion is worth comment. I do believe that you should write
    more on this issue, it may not be a taboo matter but typically folks don’t speak about these topics.
    To the next! Kind regards!!

    October 27, 2015
    Reply
    • Hello Linda Ikeji, thank you for taking the time to drop a comment and also for appreciating the post. but can you please point out what you mean by more on this issue because i don’t ready understand what you mean, i hope to hear from you.

      Thanks

      October 27, 2015
      Reply
  15. Peter Kanayo said:

    Olu plenty of fish comment are scam comment designed by computers I advice you remove the comment or at least remove the link in your dashboard. The content on importation is really detailed. Thanks so much. As for Linda ikeji try looking at the link is the site a genuine site. If no remove the link to protect your visitors from scammers

    October 29, 2015
    Reply
    • Hello Mr Peter Kanayo, thank you for taking the time to leave a comment and also for appreciating the post. I will look into your request and do the needful.

      Thanks

      October 30, 2015
      Reply
  16. Surhyel said:

    Thanks a lot for the information am staying in the far north borno to be precise but my question is who is going to bear the cost of transporting the good. Experter or agent (me) thanks

    November 1, 2015
    Reply
    • Hello Mr Surhyel, thanks for taking the time to leave a comemnt on the post. I have explained this on the post. On the post you wouldn’t need to spend a dime, yours is to link the importer and the exporter and get a comission when the deal is successful. Please read the post again to make sure you understood everything before trying to go into it.

      Thanks

      November 1, 2015
      Reply
  17. Tunde Kabir said:

    Superb post…u explained it all..gonna try my hand on it..we need more from u sir.

    November 4, 2015
    Reply
    • Hello Mr Tunde Kabir, thank you for commenting on the post as well as for appreciating the post, i hope you do so as soon as possible, only those who take action see result.

      Thanks

      November 5, 2015
      Reply
  18. Adesina Adeyemi said:

    To be sincere you have done a good job keep it up

    November 12, 2015
    Reply
    • Hello Mr Adeshina, thank you for the comment. You are welcome to my blog. This is just the begining, more to come.

      Thanks

      November 12, 2015
      Reply
  19. lawrenzo said:

    Enter Your Comment…wow.. I’m glad i foung you prof. Olu. I have been researching online on how to acess this quality information without paying those useless so called guru’s who even claim that i cannot find, except from them. I have read and read allover again on your write up, but still have these to asked.. 1. How do i actually link both the importer and exporter? Is it through online or what? 2. When you demand authorisation and agreement from the exporter, did you both exchange it as hard copy or soft copy. –Thanks– expecting reply soon.

    November 16, 2015
    Reply
    • Hello Mr lawrenzo, thank you for taking the time to leave a comment on the post. In response to your question 1.you can link the importerand the exporter in which ever way you want,online via email or via call, and if both are in nigeria you can link them up in person. It all depends on the way you choose but email is not bad. 2.as for the authorisation it is best you do that as hardcopy so that it will be a solid proof as against soft copy they can deny or fake.

      Thanks

      November 17, 2015
      Reply
  20. Godson said:

    Mentor’s are the bridge to future success… You’ve earned my respect, by this inspiring write up. Thanks. please send to my mail the available payment methods of the product you are offering and the consecutive amount.

    December 4, 2015
    Reply
    • Hello Mr Godson, thank you for taking the time to leave a comment on the blog. You can now check your email sir.

      Thanks

      December 5, 2015
      Reply
  21. Tunrayo said:

    Hello Mr. Olu, thanks for this informative artice on import/export brokerage business.
    But I will like to ask some question as followed:
    1. Can one really act a broker without any form of license and business registered name?
    2. Are there some terminology or a certain blueprint to follow in apraoching an importer abroad?
    3. Is there no possibility that an exporter in Nigeria can refuse to pay the broker’s commission after the deal would have been 100% completed?
    4. Is there any way a broker can retain the right to its client abroad ( the importer) incase of any further dealing with the same exporter after the broker would have linked them together ?

    December 19, 2015
    Reply
    • Hello Tunrayo, thanks for taking the time to leave a comment on the blog post. In response to your question 1. Yes you can act as a broker, you don’t need to have a licence and you can do so whether with a registered business name or without. 2.I have explained all this on the post and also show you where to get such terminology. 3. That is the reason you have to involve a lawyer and an a signed agreement have to be reached between you both before you link them to the importer. 4. Ofcourse in your agreement you will state so categorically that any business done in regard to the contract with the importer you get comission. So when the importer return for more you still get comission since you already added your comission to the price the importer agreed on.

      Thanks

      December 20, 2015
      Reply
  22. odukoya said:

    Enter Your Comment…thanks for the useful information, but me I like been practical I would not mind if you can mentor me on practical aspect of it.thanks.

    January 4, 2016
    Reply
    • Hello Odukoya, thanks for the comment, ofcourse its not a problem , but the post as well is doable and practical enough, you cant get result instantly, you need to do what it takes to get what you want.

      Thanks

      January 5, 2016
      Reply
  23. Isaac Chika E said:

    Dear Olujimi, Good day Sir. I appreciate the information in your articles and want you to direct me to achieve the following : (1) On how to start export business, (a) which item is lucrative and where to get it (b) whom and where to supply (c) l will register with the Nigeria export promotion Council. (d) I will need the directory book for exporters.

    January 28, 2016
    Reply
    • Hello dear Mr isaac Chika,thanks for the comment, 1. you should understand that this topic is not about export business but export brokerage which is 2 different thing, a. this question is not related to this topic so i cant say. c, like i said we talking about export brokerage and not export business c. as an export broker you dont need any registration of sort. d. if you need the list of registered exporter, check the product and service section of this blog to see the price and then do what the page says.

      Thanks

      January 28, 2016
      Reply
  24. adigwe chuks said:

    gud day sir,thanks for the post.am a corp member who wants to go into this.pls i want to ask.the links you gave are not function especially for the terminologies.pls can u help with that

    February 5, 2016
    Reply
    • hello Adigwe Chuka, thanks for taking the time to leave a comment on the blog, i have looked into it and updated it. you can now type it into your browser.

      Thanks

      February 5, 2016
      Reply
      • adigwe chuks said:

        pls sir i still have few questions to ask 1..am i to sign agreement between with the exporter before,during or after negotiation

        February 6, 2016
        Reply
        • Hello, i have stated all this in the post above,you can do it after the negotiation because if they did not go with what you want you have to look for others to go for

          February 6, 2016
          Reply
  25. adigwe chuks said:

    secondly is it possible for the importer to request for sample and if he does how do i go about it and is there any chance meting the exporter to sing d agreement or any oda tin

    February 6, 2016
    Reply
    • Hello, thanks for the comment, sampling can be done by the importer representative, it is not your responsibility, yours is to link them together and after you do they can arrange sample or inspection, ofcourse you will have to go to the exporter in person to have the agreement sign once they agreed to your terms.

      February 6, 2016
      Reply
  26. adigwe chuks said:

    thirdly sir am i to state in the agreement that i would still b paid commission whenever both parties do business again after the first deal

    February 6, 2016
    Reply
    • hello, ofcourse it is a must for that to be written in the agreement, please i think you need to get the packages at the end of this post , they will be needed if you are really serious about doing this business.

      thanks

      February 6, 2016
      Reply
  27. tayo said:

    Thanks for these insightful post and down to earth analysis-Perhaps one of the most selfless I hve read on nigerian blogs in recent times.I am a banker who is very much interested in delving into agro export business someday and is on the lookout for nigerian companies involved in agto trading where one can get the tutelage for such before eventually standing on my own.Do you know of such companies that offer one the opportunity?

    February 7, 2016
    Reply
    • Hello Tayo, thanks for the comment, there are company involved in agro export but regarding the trading tutelege you will have to find out yourself because some company are somehow when it comes to that topic, you can use google to get some results on them.

      Thanks

      February 21, 2016
      Reply
  28. rotimi rogesin said:

    hello sir.more honey to your brain on this blog info=i=m a truck delivery manager i do deliver a lot of export goods to port 4 exporters with my 40and20ft trucks and i have lots of interest in this i will soon get to you on your phone number.thanks alot

    February 14, 2016
    Reply
    • hello Rotimi Rogesin. thanks for the comment sir, you are always welcome

      February 21, 2016
      Reply
  29. Tunrayo said:

    Hello sir, pls I will like to ask a question concerning the list of accredited exporters. I observe the list does not contain the phone number and the email address of the exporters. I’m just kind of thinking how easy it will be to contact them after getting this list. Does it mean one will have to go to the offices of chosen exporters in person first despite their respective location in Nigeria or what method would I have to apply?

    February 16, 2016
    Reply
    • Hello Tunrayo, thanks for the comment, yes there is no phone number neither is there an email except for address, sensitive list like this dont have those because number and mail do change from time to time. ofcourse you can google them up and see if they have a website and if they do the number and email will be on it but you might not get to the right person through that channel as against if you visit in person

      Thanks

      February 21, 2016
      Reply
  30. hillary said:

    Nice post, please will like to know if am to be the one to type the authorization letter in the format u displayed above and present it to the exporting company to sign, or will they do it themselves.

    July 13, 2016
    Reply
    • @hilary, you or your lawyer will draft the authorization later

      July 16, 2016
      Reply
  31. hillary said:

    Pls i will also like to knw if its okay to do the authorization letter of a thing through the email, i.e the company writing the letter, stamping it and forwarding to my mail or will i have to go to the company myself. Thanks and more grease ur elbow.

    July 13, 2016
    Reply
    • @hilary, the best advice is to take it to them in person but if you can do it that way then try it and see

      July 16, 2016
      Reply
    • Barbie said:

      Dude, right on there breorth.

      March 8, 2017
      Reply
  32. Prince Chris. said:

    Enter Your Comment…A million thanks dear Olu. He who waters must be watered,i mean both God & man will favour you, my question is (1) are you in this business for how long(practically) does it go with any changes as regards to risk in any business, lastly can you please give example of how to write to the prospect buyer(importer) just as you do for the exporter,waiting to hear from you tnx.

    August 5, 2016
    Reply
    • please order for the package at the end of the post, it will include all you needed

      September 2, 2016
      Reply
  33. Obazele said:

    Hello Olu, great information, I will need a copy of this information, mailing you right away…once got this information from the Boss himself Ronald Nzimora but I lost it.

    September 11, 2016
    Reply
    • @Obazzele, we are sorry but there is no copy, if you need copy contact the source

      September 15, 2016
      Reply
  34. Ola Iwindipe said:

    Hello Sir, I really appreciate this wonderful write up, this is the same information someone asked me to pay N6000, and here you are giving it to us free, may God bless you immensely, my question is this, is this package still aavailable for the N4500, if yes please send me payment details on my email address: olaiwindipe@rocket mail.com, and afterwards I will want you to be my mentor, I will appreciate your mentorship. Thanks, Ola

    September 13, 2016
    Reply
  35. Canice Ozoemena said:

    Thanks a million for this write up. I m an Exporter can you link me with a credible Agent that would help me source for buyers. Thanks

    October 7, 2016
    Reply
    • @canice, am sorry i dont have any, and i didnt talk about exporting here but export brokerage which is a two different thing

      October 8, 2016
      Reply
  36. Emmanuel said:

    Thanks for this information.. Am very interested in this business but I don’t know where to start.. help me please

    October 17, 2016
    Reply
  37. oluwatosin said:

    Great post…absolutely love the simplicity! I’m about to get my own copy of the guide.
    Thanks for the info once again.

    November 30, 2016
    Reply
  38. oluwatosin said:

    Hello…please what is the average duration of an export brokerage deal?

    December 1, 2016
    Reply
    • @oluwatosin, that depends on availability of the product, some takes about a month

      January 12, 2017
      Reply
  39. Jonahjay said:

    Thanks bro for this palatable details on export buiz. I am blessed. More grace sir.

    December 7, 2016
    Reply
  40. Adeniji Segun David said:

    Mr Olujimi Metilelu thank you for such an inspiring post of yours,
    please help me out on how to start up with this even as a student and well promising youth of this great nation

    December 28, 2016
    Reply
    • @adeniji, everything on the post is what you need, put it into action

      January 12, 2017
      Reply
      • Ice said:

        Your article peetcrfly shows what I needed to know, thanks!

        March 8, 2017
        Reply
  41. Christopher Ubong said:

    All could say is wow!!!
    what some people will sell for 10k or more without you even understanding a bit thats what you are giving for FOC. God almigthy will surelly bless you. I have bing looking for a well detailed info like this thank God for a continous research without giving up my next coment shall be my testimony

    March 27, 2017
    Reply
    • @Christopher thanks for the comment, we will be looking forward to your testimony

      March 27, 2017
      Reply
  42. Dave said:

    Hi,please how can I get non oil agricultural produce in large quantities in southwestern Nigeria.thanks

    March 30, 2017
    Reply
  43. Oluwakemi Adeyemi said:

    Thanks a lot for the highly rich information Sir but i would like to ask more questions please. God bless you

    August 16, 2017
    Reply
  44. ijeona said:

    Enter Your Comment…Thank you Sir for this post, the knowledge is huge . God bless you

    August 30, 2017
    Reply

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