How to start a Egusi trading business in Nigeria

[Melvin]

Egusi as we all see it is also known as melon and of course the secret behind the deliciousness of the country famous egusi soup. It's also the secret behind the fat pockets of many Nigerians.

And in this article I shall be stepping you through yet another lucrative business you can start up with low capital.

This article reveals.

=> Facts about the egusi trading business.

=> How the business is runned: procedures on how to handle the business from buying to peeling, packaging and selling your egusi.

=> The kind of egusi you can trade that would be most lucrative and profitable to you.

=> How much you could get from this business.

 

[Melvin]

Facts about the Egusi trading business

Well as the digital world is rapidly growing so is the growth of the Agro community influenced by the massive growth in the population of the world which can also mean massive growth in the demand for food to sustend the world's population.

And in this part of the world (Nigeria) with over 200 million people, food is highly demanded and egusi as food is not an exception. In fact the high demand of egusi make it much easier to record sales that cover your initial investment used in starting the business.

Also the profit involved in this business is crazy in an incredibly awesome way of course depending on the aspect your venturing into (trading peeled or unpeeled). Lastly it requires little capital to start.

Lets begin this guide!

 

[Melvin]

How the business is runned

In the egusi trading business they are two forms by which egusi can be bought and sold, these forms are peeled & unpeeled and your business can be based on both or either peeled or unpeeled egusi.

I shall explain these two aspects of the business shortly in this article. Also we will discuss necessary procedures under this part of the article.

 

[Melvin]

Procedures on how to handle trading peeled egusi


~ Firstly a capital of not less than #10,000 can be used to start up an awesome Egusi trading business.

~ Next step, buy unpeeled egusi at cheap prices- it's usually sold at #1200 per rubber (price may be a little above or below this margin)

~ Wash unpeeled egusi in other to make it soft for easy peeling.

~ Peel the unpeeled egusi- it could be done manually or through the help of a egusi peeling machine but for the sake of low capital manually is recommended.

~ Find people (traders) with outlets, make an agreement with them to sell your product. You can make up to #4000 from selling a rubber of peeled egusi which is 20 tomato cups as it is measured by traders. So make an agreement to pay them like #500 for each rubber they sell. If your a trader then you don't need this part.

 

[Melvin]

The peeled egusi are usually dried and grinded before they are sold.

Procedures for on how to handle trading Unpeeled egusi

~ Buy very cheap unpeeled egusi in large quantity- here you have to find traders selling cheap egusi and increase your price when selling.

~ Find people to sell your product but if your a trader no problem with this step.

In unpeeled egusi trading small scale isn't profitable where as a large scale unpeeled egusi trading business would help you generate decent profit.

 

[Melvin]

What aspect of egusi trading business is most lucrative and profit for you

I have to tell you trading peeled egusi is much more lucrative and profitable than trading unpeeled egusi.

Also trading peeled is lucrative both on a small scale and large scale as opposed to the unpeeled trading which is only lucrative on a large scale. So my advice is go for gold!

Next...

 

[Melvin]

How much can you get from Egusi trading

Well as of now traders of egusi can generate a decent daily, weekly or monthly income trading this product (egusi) and best part is the higher you invest, the greater your returns.

Quick math​

Assuming a rubber of unpeeled egusi was valued at #1200, you would be excepting over #3600 when selling it unpeeled which shows profit of #2400 which doubles your initial investment or capital put into the business.

Egusi is one of the highest demanded agro commodities and has presented great promise to a lot of Nigerians. And I highly recommend it as a great business for you to venture into.

Also e-commerce sites like Jumia, Konga, Jiji and many should be utilized as free platforms to advertise your business.

Thanks for reading my article!