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How to Start Recharge Card Printing Business in Nigeria With N45,000

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Have you ever think of starting recharge card printing business in Nigeria but don’t know how?

I guess that’s why you landed here.

There are tons of business ideas in Nigeria which you can engage yourself in, to become your own boss. Either you’re thinking of making money as a student in Nigeria, a stay-at-home wife, or a frustrated graduate, I dedicate this blog to you all to get new business ideas around you and how you can make hefty income online.

Here, I have shared different business ideas ranging from how to start egg delivery business in Nigeria and others. But, this post is a guide for those who wish to venture into the recharge card printing business in Nigeria with “infinite” money-making possibilities.

Whatever your question about this business maybe, this post has got you covered. All you need is to keep your eyes wide not to miss any words here.

But you may be asking…..

Is Recharge Card Printing Business in Nigeria Profitable?

Yes, it is profitable!

In fact, this business has been turning many Nigerians who venture into it to become financially stable. I bet you can even do well to join the lead of those making money in Nigeria from the Recharge Card business.

READ: How to Start Restaurant Business in Nigeria

But to be sincere, it takes diligence, dedication, and a little bit of “hard-work”. I know you already know this already.

Proofs the Recharge Card Printing Business is Profitable in Nigeria

Recent reports have from NCC (Nigeria Communication Commission) shows that there are presently 173 million active subscribers in Nigeria’s telecoms industry. The number is pretty huge and you too can earn a lot of money if you tap into this great pool of subscribers.

According to recent statistics, Nigerians spend about N197 billion on data subscription per monthly, and N256 billion on airtime purchase across different telecoms. Totally N453 billion every month!

This is to prove the huge amount of money being made in the sector which you can partake in.

How Recharge Card Printing Business in Nigeria Works

In recharge card printing business in Nigeria, your job is to get the PINs, print them out on standard sheets of paper (at least that’s what we use these days), give them out to distributors or better still — if you’ve got time, engage in the distribution yourself.

So you see it’s pretty simple, there isn’t much stress, just sit in front of your PC and begin printing out money, sorry recharge cards.

Here is another big deal…..

Just like the food business, this is one business that isn’t fading away anytime soon. The reason is, as long as we yearn for communication, people will always buy recharge cards, either for data or airtime.

RECOMMENDED: How to Start Real Estate Investment in Nigeria

Most people spend more than N20,000 monthly on data only, some spend a similar amount on airtime. This seems like an interesting business (it’s actually interesting) that’s why I’ve decided to write about it.

How can I really start this business?

Let see the requirements before getting started.

Requirements for Starting Recharge Card Printing Business in Nigeria

  • Laptop:

This should be the number one tool on your list, with this you can print any amount of recharge card.

  • Email address:

Recharge PINs will be sent to you via email so you’ll be needing it

  • Recharge Card Printing software:

They are lots of recharge card printing software available for purchase, with at least N10,000 you can get a good software – Get the recharge card printing software for just N9,500 with us

  • Paper:

Paper, it’s also a necessity, you’ll be needing much of it. You can start with little quantity in the meantime.

  • Internet connection:

You won’t be needing much of it — but just so you know

  • Printer:

Any basic printer that can print legibly will be good for a start.

Now, let start discussing what you’re here for;

Recharge Card Printing Business in Nigeria: Step-by-Step Guide to Start

1.   Get the requirements

With the aforementioned equipment in place, you’re well on your way to starting this lucrative business.

We don’t need to talk too much about this. But you may be asking…

How much do I need to start recharge card printing business in Nigeria?

Well, to start this recharge card printing business in Nigeria, take a look at this break down:

  • Laptop – Fairly used will cost N40,000 upwards
  • Recharge Card Printing Software – N10,000 (contact me to get yours)
  • Standard A4 Paper – N2,000
  • Printer – You can get from N20,000
  • Data connection – Your usual data connection is enough
  • PINs – let say N95 for a card, making N9,500 for 100 pieces of recharge card

The total is approximate to N80,000.

But in most cases, you may have a laptop… So deducting that means you need something like N45,000 to start this business.

CHECK OUT: Latest Ways to Make Money Online in Nigeria

But what if you’re lucky to get the recharge card printing software for free? It means you’ll need to start recharge card printing business in Nigeria with just N35,000.

So, you’ve got the requirement, let move on to the next step.

2.  Define Your Model for this Business:

You need to decide if you’d like to be a major dealer, or you just won’t go on and print.

Being a major dealer will require you to get a store, and much more equipment, otherwise you could just be basic and make use of your living space.

Also you’ll need to decide on which network(s) you’ll like to print. Do you want to be printing all the four major networks, what amount will you be printing out?

All these should come to your mind, for starters, I’ll suggest you start with one network — the one that’s popular in your vicinity. Once that’s sorted out, think of the value of the voucher you’d like to print, N100, N200, N500, or N1,000.

Link up with me and I will connect you with someone great!

3.   Contact the Network Provider

After this you can go ahead and visit any of their offices to get official information from them.

Or you could follow these procedures:

·        Starting Recharge Card Printing Business with MTN Nigeria:

Send an email stating your intent to this email address >> tradesupporthelpdesk@mtn.com

·        Starting Recharge Card Printing Business with 9Mobile Nigeria:

Send an email stating you’ll like to start printing their recharge vouchers >> care@9mobile.com.ng

·        Starting Recharge Card Printing Business with GLO Nigeria:

You’ll have to visit their store in other to get started. You can see a list of stores near you here: http://www.gloworld.com/ng/support/gloworld-shops/

·        Starting Recharge Card Printing Business with Airtel Nigeria:

Just like Globacom, you’ll still need to pay them a visit to get more info, you can check out their stores here >> https://bit.ly/2VkJgVz

After contacting them, the next thing is to;

4.  Getting the Recharge Card Printing Software

Recharge printing software is of many types and got many requirements. You can get the software from the telecoms, or any dealer you’re dealing with.

The recharge card printing software has the ability to decrypt encrypted PINs that’ll be sent to you (normally via email).

These PINs are encrypted so as to prevent interception from malicious persons who may try to steal the PINs, if you’ve sent the PINs and you don’t have the corresponding software to decrypt it, it’s basically useless. So that’s the importance of this software — helping to cut losses and reduce risks.

This software can be purchased ranging from N10,000 upwards – and it’s once in lifetime payment as long as you installed it in your PC and back up the file somewhere safe. Contact me to get you the recharge card printing software in Nigeria.

5. Getting To Recharge PINs

Upon registering with a dealer or telco (which I can link you up with), you’d be given official communication channels, software, and other helpful guides.

Using the appropriate communication channels, you could request for PINs and they’ll be forwarded to you via your provided email (what you used during registration), with the aid of the software, you can decrypt the PINs, so as to enable the move to the next step.

How much is Recharge Card ePins in Nigeria

According to my experience with this business, you can get the N100 recharge PINs for as low as N95 – N97 for each 100 recharge cards in Nigeria.

The N200 recharge card ePins can be gotten at the rate of N193.

But here is the truth you need to know;

The bulky (or more) ePins you buy and print, the more profit you’ll earn

Recharge card printing business in Nigeria is profitable, but become of the low earning on N100 cards, some people have given up. Meanwhile, if you’re printing the N100 cards together with other units like N200 and upward, you’ll earn some profit at the end of the day.

6.   Printing

Remember I told you we’ll be needing a printer in this business, well it’s time we put it into use.

After decrypting the encrypted PINs using the software on your PC, you’re almost ready to start making your first profit from the recharge card printing business in Nigeria.

Also, you’ll need the standard A4 paper for your printing, your printer quality should be very good so as to increase legibility because subscribers don’t like stressing their eyes.

Print as many copies as you be able to sell, once this is done, you can start distributing your products.

NOTE: You can only print out the number of PINs you bought. It’s not something that you buy once and it will start multiplying itself.

7.   Marketing your recharge cards to customers

I’m tempted to say that this is one of the most important factors to consider before starting a recharge card printing business in Nigeria.

This is where the market survey comes in, you’ll need to know recharge card retailers and wholesalers in your vicinity, establish a business relationship with them. You can even start by selling at a discounted rate.

All these should be done to attract your initial customers, which will in the long run introduce you to other wholesalers/retailers.

You could decide to go to the lone-wolf-way and do this on your own, or you could employ someone who will be in charge of distributing the vouchers to your customers.

Whichever path suits you based on your budget, you’re at liberty to choose.

RELATED: How to Market Your Business in Nigeria

8. Register Your Business Name

You have done some great job and I strongly commend you for that.

But that’s not all you need to. In order to fully establish your recharge card printing business in Nigeria, you’ll need to register your business with the Corporate Affairs Commission, CAC.

Registering your business will boost your morale and your potential customers will trust that you’re the perfect recharge card printing dealer they can rely on, without getting scammed.

So, how I register my business name in Nigeria?

Good question!

To register your business name in Nigeria, you’ll need to choose a unique business name, reserve the name on the CAC portal, Get availability code, register your business, get approval, download and upload documents and finally collect your business name registration certificate.

I know that the explanation above might sounds difficult but, don’t worry as I fully got you covered.

I have written a blog post that can help you with how you can perfectly register your business in Nigeria. Go here to read it now!

After registering your business successfully, you’re now eligible to do your recharge card printing business in Nigeria without any issue.

But note that this is advisable but not compulsory.

Wrapping up: Start a Recharge Card Printing Business in Nigeria

Contact me to get you the recharge card printing software, activation code.

We’ve taken through the steps required for starting a recharge card printing business in Nigeria, as you can see, it isn’t much of difficult business, yet you still make good amount of money.

If your customer base increases, it’ll be advisable you expand, employ more hands, and maybe get a shop if you don’t have one.

Thanks for reading.

Kindly subscribe to our newsletter and stay connected for more business ideas and make money online tips in Nigeria!

My name is Stephen Gbolagade, people say I'm a multi-skilled guy. I guess maybe because I'm a Blogger, Website Designer, SEO specialist, Content Writer, Business coach, Digital Marketer, and Self-taught Frontend Developer. But what do I have to say about myself? My contents, personality, and services will say and prove the person I am to you. __________________________________________________________________________You can hire me for Music Promotion, Website Design or Blog Setup, Marketing and any Digital-based tasks! __________________________________________________________________________ Contact me here on Facebook :: Instagram :: WhatsApp __________________________________________________________________________ If you're inspired by me and think it's necessary to buy me a cup of coffee, you can give me a tip HERE 👌

26 Comments

26 Comments

  1. josephtersoo@gmail.com'

    Joseph Tersoo

    June 20, 2019 at 8:37 pm

    Hi thanks for this info, I did like to start this business how ever, i would like to know the prices of each pin from distributors especially Mtn, pls reply fast it will be nice if we can chat on WhatsApp I need guild on this.

    • stephen olgade

      June 25, 2019 at 5:21 am

      Hello Joseph,
      I’m glad you’re interested in this recharge card printing business in Nigeria. As you have said, you can contact me here for deep consultation
      Thanks.

  2. korymagoffin@gawab.com'

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    August 5, 2019 at 5:48 am

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    Ayodeji

    August 8, 2019 at 2:16 am

    I love this article, well written and explained

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    Poker

    August 9, 2019 at 3:09 am

    Appreciate the recommendation. Will try it out.

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    October 4, 2019 at 12:14 am

    Hello, I enjoy reading all of your post. I like to write a little comment to support you.

  6. fideliadistefano@gmail.com'

    lasertest

    October 8, 2019 at 9:21 pm

    Hi there, I enjoy reading all of your post.
    I like to write a little comment to support you.

  7. lukemadueke@gmail.com'

    Luke

    March 18, 2020 at 1:57 pm

    You inspired me how I which you are close to my town Nsukka. Anyway distance will not be a the problem I will keep reaching you because there are so many to learn from you.

    • stephen olgade

      March 20, 2020 at 1:15 am

      I’m glad that you’re impressed @Luke…. Yea, keep visiting, there are more stuffs to learn here!

      • debbieuchechukwu@yahoo.com'

        Debbie Uche

        April 14, 2020 at 9:47 pm

        Do you have the link or contact for a direct dealer??

        • stephen olgade

          April 15, 2020 at 9:29 am

          Yes Debbie, kindly contact me privately to more info

    • obonaenem2018@gmail.com'

      Obona Enem

      April 4, 2020 at 10:46 pm

      Hi ,thanks for this wonderful and informative insight on how to venture into richarge card business.I will soon venture into this money spinning venture.Best regards.Enem

  8. nonye.okolie@yahoo.com'

    Chinonye

    April 30, 2020 at 11:07 pm

    Hi, quite an educative and informative site you have here. How do I contact you privately because I need a link to a dealer, I want to venture into the business.

  9. kenjude77@rocketmail.com'

    Kenneth Ugwoke

    May 4, 2020 at 8:05 am

    Great one. Keep up the good work.

  10. oseghaleengineer@gmail.com'

    Isi

    May 6, 2020 at 9:00 am

    Thank you sir for this info, I would like to start this business, Moreso, I would like to know the prices of each pin from distributors especially Mtn, Can we chat on WhatsApp, sir?

  11. fasacyafees@gmail.com'

    Adeyemi

    May 7, 2020 at 1:26 pm

    The information is Excellent and eye opener,i will like to venture into it.thanks God bless you.

  12. nasirusalami06@gmail.com'

    Abdulsalam Nasiru

    May 10, 2020 at 8:08 am

    thank you sir. but how i do to chat with you private please

  13. Azeezrian38@gmail.com'

    ridwan

    May 13, 2020 at 2:05 pm

    weldone

  14. Sem_nwonu@yahoo.com'

    Einstein Gideon

    May 26, 2020 at 12:13 pm

    Wow! What an open opener. Considering the level of scammers scavenging on their unsuspecting preys on daily basis. I tag this a Godsent article to save the gullible ones from being scammed. Thanks for this timely piece.I’ll chat you up and kick-start asap.

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Business

How to Dress Like a Smart Entrepreneur in Nigeria

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To really show your clients that you are worth investing in, you must learn perfect grooming tips to woo them. I mean, you must learn how to dress like a smart entrepreneur in Nigeria.

Many entrepreneurs meet different clients on different occasions, most of us (the entrepreneurs) are chairing boards of directors, firms, agencies, conglomerated companies, individuals, and government bodies with the aim of achieving the best for the respective companies or organizations they are representing.

The major reason why you need to dress corporately is not just to be attractive or show how extravagant you but you need to dress the way you wanted to be addressed, your business skills or intelligence are not enough!

In business both offline and online branding, you need to understand how to meet-up and simplify your corporate or business dressing etiquette. To be sincere, dressing etiquette and sense should be one of the key factors that all people aspiring to be successful and smart entrepreneurs should have.

Good to know that most business organizations like the banks, hospitals, and other agencies have their own dressing code. For example, the government here in Nigeria allows their workers (otherwise known as civil servants) to wear their native attires only on Fridays.

While institutions like banks, hospitals always are expected to put on their corporate suit and polished pair of shoes while most self-employed dress the way they like or feel.

But, the world of dressing and grooming is entirely different for entrepreneurs, no matter the source of your job and its dressing code. Here in this article, I am going to work you through some tips on how to dress like a smart and successful entrepreneur.

8 Perfect Dressing Tips For Smart Entrepreneurs in Nigeria

  1. Take Your Dressing As An Investment

Before going to your office or to boutique for shopping, you must buy classic and corporate styles that suit your body shape, size, and complexion. Don’t think because your friends are wearing Gucci, Versace, Fila or Nike, you must wear them also.

You need to dress to fit your business not the latest trends in the town. Do take enough time to pick out of many and never wear body-revealing clothes (Mostly women).

Some clients hate this while some want this but as a corporate entrepreneur, you must not wear seducing clothes or have such intention to negotiate with clients with your dressing but rather, seduce them with your business Skills and Intelligence!

2. Change Your Wardrobe Constantly:

Although I won’t advise you to take all your savings to buy clothes that suit your business and body. But, it will be good if you shop for new dresses at least once (or as much as possible) in a month. You should tell your regular clients, prospects, or business partners that you are happy and successful in your chosen career and one of the best ways to do this is through your dressing.

Don’t look retarded, tactless, or awful in appearance. Change all old clothes to New One. If you don’t know how to shop for clothes that fit you and your business, ask those who are professionals in fashion.

3. Build Good Body Shape

If your body shape is not good enough, you must try the right and safe remedy to build it up. Doing an exercise or going to the gym regularly will give you perfect body shape. The reason for this is that, no matter how fabulous you dress without having good body shape, such grooming efforts won’t go beyond your room.

You may look stupid to some people and this may cause depression or frustration if you find out what people or your business partners are saying behind you.

4. Keep Your Make-up Simple:

This concerns the women who like using cosmetics in an excessive way. Let go of make-up products that are too flashy but instead choose the one that will show entrepreneurship and serious in you. Remember you are dressing for a business not for partying and you must not annoy your clients or allow them to take you for granted because of the way you dress.

If your make-up is faulty, there is a possibility that you will face some faults with clients and business partners. If you can’t perfectly do good and nice makeup for yourself, I will advise you to consult a make-up artist for help.

5. Do Like A Roman When You Are In Rome:

I mean, you should understand how to dress for each business occasion. You can’t be working in a bank or hospital and be wearing jean and canvass to office, you cannot be going to farming to make the heaps or ridges and put on a suit.

You can’t be a military man and be wearing “mufty” to station or barrack (although, you may wear the police vest or any designated dresses by the military officials). You must select clothes according to the nature of your business or profession.

6. Understand The Atmospheric Condition:

Always, dress according to the weather condition. If it’s during the rainy season, wear clothes that will protect your formal dressing from being immersed by rain like a coat, jacket, etc.

Go for clothing materials that are reflective of the season. Clothes that are thick are good for fall and winter and it’s not advisable for summer but instead, Light linen fabric or clothing materials will be good for it (summer).

7. Avoid “Color Riot”:

This is a “must” for all entrepreneurs who want to dress up well and gaily as a successful and smart entrepreneur. For business and corporate sake, it will be perfect if your coat, tie, shoes, handbag, shirt, skirt, trousers, belts, and other things you will put on Match each other.

For women, a black handbag should be matched with a black shoe. For men, a blue coat should match with blue trousers and so on. If you do this in the right proportion, this will show your creativity, intelligence, and how much more you can take care of things perfectly.

8. Wear Quality Dresses:

As I have said earlier, you don’t need to put yourself into debt before you dress like a smart entrepreneur and that’s why I suggested that you should buy Clothes for at least once in a month or more depending on your salary or income.

But, make sure that the “one” you will be buying will be a quality “one” not fake. Most clients will study everything you put on before they can give their project or contract to you.

You remember the adage that says “Dress as you Want to Be Regarded” So, wear quality materials if you want your clients and business partners to take you so important.

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Business

How to Create an Online Store in Nigeria: Guide to Launch Your Own Shopping Site

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Do you want to create an affordable and profitable online store in Nigeria but don’t know how to get started with it? In this blog post, I will show you the easy way to launch your dream eCommerce website using a flexible CMS platform and reliable web hosting.

Oh…  are you thinking right now that what is CMS and web hosting? Well, I will explain that to you as well. 

But why create your own online store in the country?

In the last decade, the world has witnessed quite some changes in some of the ways people do things. One such change has been in terms of commerce. Before now, we had the physical stores with inventory scattered around, that we choose to shop from, today we have online stores all around the internet and they’re slowly taking over.

Recommended: Top Online Shopping Sites in Nigeria

Here’s a solid reason you need to launch your own store now;

Research done in 2017 has it that; “55 percent of commercial activities are carried out online worldwide”. In Nigeria, we’re all getting awakened to the idea of online shopping, and it’s expected to be a big industry in a few years to come.

With all these in mind, what stops you from owning your online store? Well, maybe you think that ‘to create or set up a profitable eCommerce website will cost you a fortune’, but that’s not true!

I’ll be showing you how to create an online store in Nigeria using some pretty cool platforms and tools, which are absolutely affordable – at least you don’t need to spend a million naira ($3,000) before you can get your own dream online shop!

Now, let start;

How to Create a Profitable Online Store in Nigeria – Complete Guide

Before heading to these platforms, you need to have certain things in place, in order to maximize your level of profitability in the e-commerce world. These are simple, yet often taken for granted, but they go a long way in growing your brand. 

To build a profitable online store in Nigeria, you should follow the following steps;

1. Define Your Niché

There’s no need to start diversifying, you’re probably on lean resources at the moment, and you’re pretty not sure if this business is going to be a success, you only hope it does.

Focusing on a Niché helps in channeling your resources on that Niché. This you should do because you’re starting up, you shouldn’t diversify because the top guns are doing it. You’re not yet at their level, as your business grows, you could make plans for expansion.

I mean, you shouldn’t copy the likes of Amazon, Aliexpress, or Jumia (for now). Start with one product and try to dominate that niche to an extent, then you can think of leveraging other products.

When choosing, make sure it’s viable, and products in such a field are in great demand. In an eCommerce business, your niche doesn’t necessarily have to be something you’re passionate about, you could learn the ropes of such a niche as you forge ahead.

2. Choose your form of inventory

Many e-commerce firms today have inventories in various places, but let me tell you an easy way – Dropshipping!

You’re going into this business to maximize as much profit as possible, both forms of inventory have their pros and cons. Although you get to pay certain fees for hosting and more online, they are less expensive than having a physical inventory.

If you’re a fashion designer, you can sell your clothes in your online store in Nigeria and make more money by dropshipping related products. This same method applies to those who sell Smartphones, computer gadgets, and their accessories etcetera.

To learn more about how dropshipping works in Nigeria, check this guide

Now. let’s talk about the next step.

3. Get a Brand Name

Another important step to abide by here is picking a brand name. Now, don’t just go about choosing any name, you wouldn’t want a situation where you’ll have to change your name often, it devalues your brand. Your name should be well thought out, it should also serve as your domain name and your social media usernames when you finally launch online.

A piece of advice on brand name choosing: Endeavor to choose an English word or phrase if you want to see real success. Not everyone will be able to write or pronounce your native name or phrase correctly, and this is bad for marketing. 

Since English is the official business language in Nigeria (offline and online), I think you should have this in mind. The key here is to use simple words or phrases that’ll be easier to recommend to someone from another region of the country. Additionally, you could integrate a native word with English to make it much better.

You may decide to register the unique brand name with the government, in order to avoid anybody using it. Click here to learn how to register a business name in Nigeria

Just make sure you get a unique and brandable business name! Now, let go into the practical steps in creating your (profitable) online store in Nigeria.

4. Choose a Good CMS Platform, then build

There are many CMS platforms available to help you create your online store in Nigeria. The word “build” might sound stressful but not to worry, it’s a simple process. 

Quick Tip: CMS means “Content Management System” – You can read this Wikipedia article to know more about it

Although, the level of simplicity varies depending on what platform you choose. In fact, some platforms are automated; you only have to make a few clicks on your PC. Some other platforms let you use your already existing site, you just have to install a few plugins and you’re done.

There are quite a lot of platforms to build eCommerce websites, but I recommend using either Woocommerce or  Magento. Because they’re both;

  • Affordable
  • Flexible to use even, if you’re a beginner
  • Very friendly and reliable
  • You take control of your stuff and many beautiful reasons.

Let me talk about these two amazing CMS platforms and how you can set up your dream online store in Nigeria with them;

How to Create an Online Store with Woocommerce (WordPress) in Nigeria

Woocommerce is one of the most used platforms for e-commerce, they have a huge percentage of users in the e-commerce world. This is due to WordPress dominance on the internet – over 30% of websites are powered by WordPress. 

This is why Woocommerce tends to be a much popular choice. There are other reasons why Woocommerce remains at the top. It’s pretty easy to set up, it’s open-source which makes it easier for customization, SEO friendly, and it’s totally free – you only get to pay for other external features. 

Setting Up An Online Store with Woocommerce

It’s very easy to build an online store with Woocommerce, with your WordPress site, you’re good to go. Here are the steps to take.

  • Buy a Domain Name and Web Hosting

A domain name is an identification string that makes you unique on the web. 

I will not feed you with technical jargons, a domain name is like the house address that people can use to locate you easily. For example, Gbolamedia.com is a registered domain name.

To create a successful online store, you need to buy one! After the domain name, you need to buy web hosting as well.

Web hosting allows you to make your online store accessible via the World Wide Web. A web hosting stores your website files (the text, images, and anything you upload to your store). It is like your house where you can have your possessions stored.

There are a lot of web hosting companies out there, but I recommend buying from  LiquidWeb.

Why Liquidweb of all web hosting companies?

Liquid Web is a very effective and reliable web hosting provider that offers the best hosting services to consumers of various kinds. With Liquid Web, you get up to 99.9% server uptime, next-generation dedicated servers, and much more. 

The web hosting company is suitable for various professions, from freelancing to agencies, and businesses of every kind.

They’ve also got great customer support on various channels, with less than minute response time. These and many more you get to enjoy when you choose from any of their hosting plans below;

Here’s a deal: 

  • Use this Coupon Code >> GETONLINE to get 25% off, on 3 months Managed Woocommerce or WordPress Hosting.

  • or use SAVEBIG to get 50% when you buy a Dedicated or VPS Servers

  • Click here to Buy your web hosting now – the link will open in a new tab so that you can navigate back here.

After buying your domain and hosting, it’s time to build your site.

  • Install WordPress, then, Woocommerce plugin

After buying your domain and web hosting, you’ll be given a Cpanel. From your Cpanel (Control Panel), Install WordPress app.

Note: You can always ask for help from the Liquid web Customer care, they’re ready to assist you.

After installing the WordPress from the Cpanel, Login to your WordPress admin dashboard;

>> Then go to Plugin 

>> Click on “Add New” and search for Woocommerce

>> Finally Install and activate the Woocommerce plugin

The Woocommerce plugin was designed specifically for e-commerce, it tweaks your site to make it great for an online store you’re dreaming to launch. It’s mobile-friendly since most people access these platforms via their mobile. 

After installing Woocommerce, with just a few clicks, some sections of your site will be automatically created. These sections are pretty much mandatory on all e-commerce platforms; sections like Cart, Checkout, Store, My account, etc. You could further customize these, add other sections, and personalize your store.

The next step is to design your online store beautifully! 

  • Install and Custom a Good WordPress Themes

Remember I said “Domain name is your Address” while a “Web hosting is your house”? Don’t you think it will be cool to paint the house beautifully and do some decorations to make it stand out?

You think so? Great, this is why we need a “theme” to beautify your online store.

You can get a lot of free WordPress themes, as WordPress offers lots of themes for beautifying your site, you could choose from the wide variety of available themes – but be sure to use e-commerce friendly themes.

To get a free WordPress theme, follow the steps below;

>> Login to your WordPress dashboard

>> Click on “Appearance”, then “Theme”

>> Click on “Add New”, then search for “StoreFront”

>> Click on Install and finally Activate.

Note: I recommend StoreFront because it is the best free WordPress theme for Woocommerce.

But dear, I recommend buying your own theme! 

Premium themes are so blessed, you will have access to some features that you can’t get on the free themes and you will get premium support from the theme developer.

To buy a theme, go to Themeforest and search for any WordPress theme of your choice.

Quick Tip: If you are going to sell clothes, search for “Fashion eCommerce WordPress Theme”. If you want to sell Computer gadgets, search for “Computer eCommerce WordPress Theme” and so on.

After buying your theme (here), download it and upload it by following the steps you explained if you want to use a free theme. The only difference is that you will “UPLOAD” instead of searching for the theme in your WordPress admin dashboard.

  • Add Your Products + Details:

The next thing is to add your products. Click on “Products” in your WordPress Admin dashboard and flow with self-explanatory onboard screens. Then finally Publish and do this for all the products you will like to upload to your site.

If you need any help, kindly ask me in the comment box below.

  • Finally, we’re done! 

You’ve successfully created a Woocommerce powered and lucrative online store in Nigeria. It’s now time to start adding products to your store.

Okay, let talk about Magento;

About Magento

Magento is another wonderful platform for e-commerce, more and more users are getting to use this platform. It’s pretty new to the business and still has its quirks. Although released initially in 2008, it finally got a stable release early this year, and it’s still undergoing changes which we would see in the future. It’s a good platform for starting out your e-commerce business.

Setting Up An Online Store in Nigeria with Magento

Unlike Woocommerce, you would spend much time and effort in setting up your store, it is more like a manual process.

Note: We will not be talking about all the steps here, as we have discussed in the process of setting up a Woocommerce store. But notwithstanding, I’ll brief each step;

  • Using Liquidweb as our hosting provider for Magento, choose a suitable domain name. I noted some points you should pay attention to when choosing your brand name – this could also serve as your domain name.
  • Install Magento. It’s pretty easy if you follow the prompts, and select the suitable options. Since it’s open-source, you get to customize every single aspect to your taste
  • Styling: Like WordPress, Magento also offers a good number of themes for a much better looking online store. Pick from the available themes and customize your site. You can as well buy premium themes from ThemeForest
  • Add Products: It’s time to start selling, adding product images and description is pretty much easy and shouldn’t break a sweat.

That’s all about setting up a lucrative online store in Nigeria using WordPress or Magento. But that’s not the end, let me tell you a few things you need to do to make your store fetch you pretty income (or profits).

5. Marketing Your New Store

Marketing is the soul of any business. You are supposed to start marketing a little bit earlier before your store fully goes live. You’ve got to let people know what you’re up to, the products you offer, and many more about your brand. 

Marketing has been simplified these days, social media is one huge marketing platform you should take advantage of as the top brands use this to publicize their products. You’ll be saving some money while doing this, you could start paying for a much bigger audience as you grow your store.

Set up an Instagram account and Facebook page with your business name, connect them together (Google search for how to connect Facebook page and Instagram account), and finally, start promoting your products on social media platforms.

Conclusion – Creating an Online Store in Nigeria

These are pretty much what you need for a profitable online store in Nigeria. Setting up an eCommerce store in Nigeria is pretty much an easy task, it’s even much better if you fully utilize the platforms shared above. 

If you’re already using these platforms or will like to ask a few questions, kindly “CLICK TO COMMENT” and I’ll be happy to hear from you.

You can share this blog post with your friends if you find it helpful. But don’t forget to subscribe to my mailing list in order to receive free updates like this.

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How to Write a Perfect Business Plan in Nigeria (And a FREE Template)

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Writing a perfect business plan in Nigeria shouldn’t be a difficult task, let talk about this!

Are you starting a new business in Nigeria and you don’t want to fail? Then writing a good business plan should be considered the second great deal after your initial idea before you put in your capital.

In today’s business world, one of the great ingredients for a successful business is proper documentation, one of such documents is your Business Plan; which is why I’ll be showing you how to write a perfect business plan in Nigeria.

Well, not as perfect as an angel. But, I’m sure this blog post will really help you understand the simple secret behind writing a good business plan.

But we need to understand some basic concepts in order to fully understand the proper crafting of a business plan. In business schools, we’ve got different definitions of what a business plan is.

What is a Business Plan?

Basically; a business plan is a comprehensive, yet concise description of a business entity, be it a startup firm or well-known cooperation.

It’s a document that describes several areas of your business as an entrepreneur, these include; financial, executive, operational, marketing, and goals of your business. A business plan may serve one or all of the following purposes, which is; 

  • To present current and potential investors what your business entails in a bid to make them invest, or;
  • To serve as a guide for the company – leading you from where you are present to where you wish to be in the future.

But often, business proposals and business plans are oftentimes, used interchangeably, while in essence, they differ to some extent. So, what are the differences between them?

Difference between Business Plan and Business Proposal

A business proposal is a document showing potential investors your business idea and how you tend to execute such an idea and how viable it is, all these are done with the aim of getting support from investors and clients. You don’t need to have a business up and running before drafting a proposal, just an idea is enough.

Business proposals are for a specified set of audience.

ALSO READ: How to Write a Good Business Proposal 

A good business plan in Nigeria as earlier stated serves as a document to guide a firm into its future or to seek investment from investors. You need to have a business up and running before you could write a business plan.

A business plan is meant for a much wider spectrum of people.

Importance of a Business Plan in Nigeria

Few advantages of crafting a good business plan in Nigeria include;

  • A Business Plan Makes It Easier to Make Future Prediction 

With a well-defined business plan, it’s much easier to predict the future of your business. When you’ve got a clear goal of where you are going, it becomes much easier to plan towards it.

  • It Gives You Better Understanding of Your Market

When crafting a business plan, you get to do quite a lot of research work which would include your target market. Doing this will give an insight into the market, something you probably didn’t have before.

  • You will Know the Business Pros and Cons

As you outline your plans, your strong points become more obvious to you, and that’s what you should focus on moving forward. You’d also see your flaws, with this knowledge, you can work on improving on them – turning them into strong points.

  • Business Plan Improves Decision Making

Irrespective of who your business plan is targeted at, you still get to keep a copy. This informs your decision, leading you to make better choices. If ever you lose track – which is quite certain, you could get right back with the knowledge of your intended plan.

There are many more advantages of why you should have a good business plan in Nigeria, these are just some of the more prominent ones. Therefore, it’s important you take time to carefully craft a business plan, which leads us to the next phase.

Things to Note Before Writing your Business Plan

Before you go-ahead to start writing that business plan, take note of these three points; 

  • Know your Audience: Who would be reading your business plan? Are they well versed in your field of expertise? probably not. This lets you choose your words so as to accommodate almost everyone, you can leave out the technical jargon because not everyone is acquainted with your field. The aim is to use simple grammar while writing, this makes it easier for any investor to comprehend what you’re up to. 
  • Not Too Long, Not Too Short: This is a really sketchy one, but you don’t want to tire out investors. Too long, it seems discouraging to read and most probably won’t be. Too short, you’re seen as not committed to the business. This is what you need to do; your entire document should be between 15 to 25 pages with a very legible font.
  • You don’t have to be an Expert to get started: Many entrepreneurs feel reluctant to start writing a business plan, with the mindset of being an expert with good writing skills to start writing their business plan. There are lots of platforms that could help you create a really good business plan in Nigeria. You could also research available templates to make it a lot easier.

To have a more personalized business plan, you need to craft it yourself, which leads us to the meat of the article.

Proper Structure to Write a Perfect Business Plan in Nigeria

If you want to capture the hearts of your future investors, and probably something to keep you from going on track, then you need this structure in place, in the following order;

N.B. Remember to use legible font while writing, proper paragraphing should be employed and also ensure to use infographics where possible.

  • EXECUTIVE SUMMARY

This is the first part of your business plan, it’s the summary of all other sections of your plans, and as such, it should be concise – not giving off too many details. A good executive summary will determine if the rest of the business plan will be read, especially by a potential investor. 

If this part of your document is nicely written, stating all the relevant information, a client may not need to read the whole plan because you’ve already conveyed the whole message. 

When writing a business plan in Nigeria, you should see this part of the document as your major selling point, so you need to get it right. 

A perfect executive summary should summarize the following; 

  • Value proposition
  • Problem(s) you wish to solve
  • Solution(s) you’re offering
  • Your target market, your competition
  • Overview of your business team
  • Means of funding and milestones reached. 

All these shouldn’t be more than two pages of your document, with you stating the most relevant points, facts, and figures of each.

  • PROBLEM & SOLUTION

As an entrepreneur, your business will definitely be solving a problem, directly or indirectly. You should know what the problem is, making this the second part of your document. If your company isn’t solving any direct or indirect problem, then its relevance is questionable. 

You’ve got problems to solve, how do you go about solving them? 

This is where you’ve got to show your ideas’ credibility. Certainly, you’re not the only one solving the stated problem, there are probably other small business owners like yours, who’re providing similar products or services. 

You’ve got to give reasons why your products and services outperform your rivals, how you intend to make it much better and easier, this is what investors care to know about. Offering a much more efficient product or service which tackles the challenges stated opens the door of investments.

ALSO READ: Top 10 Business Investors in Nigeria

  • TARGET MARKET

Another strong point that would make your business plan stand out is by identifying and targeting a section of the market. Gone are the days of making products or offering services with no intended market, it is critical to the success of any business in the current world.

Take, for instance, you’re into clothes manufacturing, you need to have a specific gender in focus, a specific age group, and probably, people with similar style tastes. In doing this, you’ve got a good chance of succeeding in your field as you already know who you’re targeting, this will surely make investors sign those deals.

  • COMPETITION

If you take a vivid look at the business world we have today, it is obvious that most business entities have direct alternatives, they may be one or more than one alternatives to your business, a perfect example is the Nigerian telecom sector. While this is good for the customers, as they’ve got varieties to pick from in case one option sucks, it’s a challenge you must face as a business entity.

RELATED: How to Start a Recharge Card Printing Business in Nigeria

What you should note therefore in your document are; what your target market entails, what your counterparts are doing currently, and how do you wish to improve on it. Remember, you need to offer better products or services than your competition, or offer these products/services in a much better way.

  • EXECUTION PLAN

After you must have written all the above sections, you then need to come up with an execution plan. Whatever will be written here has to be feasible, without knowing how to go about executing, your plan will remain just a mere plan without life. This is where your plan gets into action.

Execution” in business plan entails how you tend to market your products/services and your brand, and the mediums required to do so. There’s also a need to structure your pricing policy in relation to the current market.

You don’t necessarily need to give out the actual figures, but you could suggest pricing patterns – the same price as the market, or higher/lesser than the actual market figure. When writing your business plan in Nigeria, it’s important you’ve got steps to execute it, investors don’t invest in oral contents – they invest in the actual content. 

  • PUBLICITY

Publicity is one good point to note when writing a perfect business plan in Nigeria. Truth be told, no one is going to come to look for you if you don’t exist. If you’re just an entrepreneur starting out, then you need to make people know you exist.

Your branding, PR, and advertising all come under this part of your business plan. You’re competing against similar brands and you need publicity to grow your business beyond its current level.

  • TEAM & COMPANY OVERVIEW

Now your business plans have been stated out, revealing all the bits and pieces, and how to execute, but who will execute? Your team of experts is the people responsible for bringing this plan to life. You need to have a competent team, who should be able to carry out this plan and you have to include this in your document. 

You don’t need to highlight the titles of the personnel involved here, an apt description of their level of proficiency in their respective field will be enough.

In your team and company overview, you’d have to include the following to give more insights about the plan; 

  • Your intellectual property, 
  • Your mission statement
  • Business structure
  • Business history 
  • Location 
  • Your financial plan 
  • Personnel plan and your profit/loss profile. 

Now, Your FREE Business Plan Template

As you see in the title of this blog post, I promise to give a free business plan template, and here it is. Please enter your best email address and name in the contact form here and write in the message ox that “I need the business plan template“. Click on “SUBMIT” and the template will be sent to you.

CONCLUSION – Writing a Perfect Business Plan in Nigeria

Writing a good business plan could be an arduous task, but with proper research and commitment, you could craft a perfect business plan among your competitors in Nigeria. You don’t want to rush things, take it a step at a time.

If you need a good business plan writer in Nigeria, you can contact me here or use the free template to craft your own plan.

Don’t forget to subscribe to my mailing list, in order to be notified anytime I publish a new and helpful blog post like this. While waiting till then, you can also share this blog post with your friends by clicking on the floating social media icons here.

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