Stationery business in Nigeria and any other part of the world is very lucrative. Almost everybody have reasons to use a stationery item ranging from pen to book, pencil etc. The most interesting thing is that these items are used everyday. You can start the business the same way bookshop business is started. Some people are of the opinion that stationery is part of bookstore. That is why some traders who are into bookshop business also incorporate stationery items.How many shops around you are into office supplies business, only but a few in fact you can easily count them. This is to tell you there is room to establish and grow in the business 0since it is yet to be crowded.
Requirement for Starting a Stationery Business in Nigeria
Capital is very important when starting a stationery store business, unlike some businesses whereby you can negotiate with the dealers to pay after sales. Some stationery items are imported and you can’t buy on credit. You can source for capital from friends, family or work and save money for the business. The amount you need should cover; shop, stationery items, miscellaneous etc.
Get a shop in a good location that supports your stationery business, such environment includes; school environment, office concentration, market etc. Higher institutions make use of stationery items in volumes so establishing your business in that environment means more profit.
3. Carve a Niche
Choose the type of stationery shop you intend operating. You can sell only printing materials, stencil papers/white paper, only pen on wholesale, educational stationery, office/ business stationery or a combination of all the stationery item (general stationery. Let your store meet needs.
Identify Where to Buy Stationery Items
It is important to identify where you will be buying stock, we now have manny online wholesale suppliers of office stationery items. And there are also large warehouse where you can be purchasing your stationery. UK and USA are some of the countries you can purchase items from. Every State in Nigeria has dealers so ask those who are into the business where the buy from. There are many Stationery importers in Nigeria most of them are located in Lagos.
Stationery Suppliers in Nigeria
- Office Land
- QPM Stationery Nigeria
- Office Everyday
- Plus 1 Store
- Wholesale Nigeria
Office Supply Business In Nigeria
Office supplies are consumables and equipments commonly used in offices, be it; Private Organizations, Government at all levels, individuals for communication, book keeping and documentation. Write application to offices in your location to be supplying them with office stationeries and equipment. Do same to secondary schools and other institutions too.
- Exercise Books
- Paper clips
- Note pads
- Super glue
- Transparent files
- Letter head
- Business cards
- A4/A5 papers
- Stencil papers
- Sticky notes
- Drawing book
- Book cover
- Mathematics set
- Gift items
How Much is Needed to Start Stationery Business
It all depends on the scale; you can start with as low as #200,000 -#1,000,0000 plus. The amount you put into office store business will determine your stock. And the more items you have the more profits you will realize. When you have varieties of items that allow people to make choices you will attract many patronizers.
How Profitable is Stationery Business?
Stationery business is very profitable, the profit is from 30% and above. It is very possible to sell a book you bought #50 at the rate of #150 especially if you imported the item. Wholesale stationery dealers make a lot of profits because they sell in volumes. Sell fast movable items so you can earn profit fast. Some items are seasonal such as exercise books sells more during resumption. The prices of stationery items in Nigeria is set according to the amount bought. You can start as a wholesaler or retailer.
Stationery business is very lucrative especially if you set it up in a good location. The amount to start the business is flexible and pocket friendly. Students, institutions and offices patronize the business a lot. You can import the items from UK /USA or buy from major dealers in Nigeria.