Soft drink business is a business you can easily start and make money daily. The rate at which drinks are consumed in Nigeria is high. Unlike before to start soft drink distribution business you should have up to a million but not so anymore. You can actually become a sub-distributor of any brand or all the brands. To start from scratch may not be easy the reason you should locate dealers to liaise with. You have to apply for distributorship rights from any soft drink company you have interest in. Ensure the company has brands that moves market this will help you in turnover profits as demand for the product will be high.
The business is lucrative that is why many shops are sprouting from left, right, centre. Even at that there is room for new entrants because Nigeria population is high. There are different ways to start soft drink business; as a distributor, as a wholesaler set up your shop and as a retailer.
Requirements to set up Soft Drink Business
The capital to start soft drink business depends on how you want start either large or small scale. It s very flexible so much that you can start with #50,000 but the more money you put into it so also the more profit you make. For instance if you have #500,000 that means you can buy all the brands in a good number. When drawing your soft drink business plan factor in the money for rent, wheelbarrow or mobility.
Get a good location that is accessible can easily be located or seen. Rent a place with enough space for cars to park or stop to buy. Most times people stop by when coming from work or are passing. Some traders sell by the road side. Hawkers are the next set of people that patronizes the business most, so let them see you quick.
Make your shop look beautiful. The way you arrange your drinks can actually attract lots of buyers. Look at the way others arrange and copy the best method of arrangement. Some people arrange few drinks and it appears plenty due to the way they are arranged.
Choose a Niche
There are many drinks to choose from for sales, soft drinks only, alcohol, wine , bottle water etc. While some people concentrate on a particular brand others sell all or mixed brands. Your customers can determine which products to go for. Sell the one that moves market most, I must tell you soft drink sales in volumes. Decide whether to sell only bottles or plastics or both. The environment you are should decide that, for instance in my location we have a good number of people that go for bottle while a large percentage prefers plastic. Bottle is cheaper than plastic and many low income earners desire them. While others go for plastic due to class.
If you have the capital you can add soft drink distribution, that means you will have a mobility to use for easy distribution of drinks.. Buy from major dealers and supply to retailers around you.
Is Soft Drink Business Profitable?
The answer is yes, it is lucrative. This is something people buys everyday so there is no how you won’t make sales. The profit in a dozen is not much but overturn is where profit lays. If you want to make more profit then retail, in that case you will need a big size refrigerator. it as well. There is more profit on retail especially during dry season. You can actually gain #50 from 1 bottle of drink.
List of Soft Drinks in Nigeria
- Coca cola
- Choco drink
- Smoov chapman
- Energy monster.
Materials Needed for Soft drink business
- Show glass
- Distribution vehicle such as; truck, keke, wheelbarrow etc.
Other Businesses you can add to wholesal soft drinki Business
- Yorgurt business
- Milk drinks
- Beverages etc.
Soft drink business is very easy to set up, this can be anywhere under an umbrella, in a container, a shop etc. The capital to start is something many people can afford. Profit is very encouraging. Anybody can do the business, it doesn’t require any qualification. You can decide to do soft drink distribution business,
Soft drink wholesale prices can be gotten from the closest dealer. In the next post we shall be looking at; how to become a Bigi distributor and the rest of them.
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