How to Start Sales of DVD/CD Business With N10,000 and make N150,000 Monthly
Selling of DVD plate is a very lucrative business in Nigeria, people buy music and movies everyday. If you don’t like Nigeria movies I am sure you like American movies, how about India, Chinese and Philippines movies? This is a money splitting business but many people thought there is no money there.
Do you know how much those movies you buy for ₦150 are been sold to the retailers? In case you don’t know, their wholesales price is ₦25 each in Alaba market.
Now those guys sell these movies for ₦150 to people, definitely making ₦125 on every CD they sale. Let assume he was able to sold to 40 people daily, that is ₦125×40 = ₦5,000 and his capital for this is ₦1,000. This is to say that the person you do buy CD from is making ₦5,000 daily and ₦150,000 monthly. Some people will ask how is it possible for him to sell 40 movies daily? Now let me explain to you how.
Do you know that those movies have season 1 season 2 season 3 even season 11? one particular person can buy from 1 to 5 if it's up to, because no one want to watch half movie, this means one person can spend up to ₦1,250 buying from season 1 to season 5. That same person might see another interesting movie and decide to include it.
Now if the seller is in a very busy place he will have more than 20 customers daily and sell more than 50 CDs daily.
Having a shop or just an open permanent space in a very busy road is very important in this business though you can also hulk it, your customers will always come to you for new interesting movies especially if you are kind to them. This is a very lucrative business and it doesn’t required a huge start up capital, with less than ₦10,000 you can start this business.