How to Become a Distributor for Closeup Toothpaste in Nigeria
How to Become a Distributor for Closeup Toothpaste in Nigeria
Register Online as a Distributor with Wigmore Trading
As a Nigerian wholesale distributor, you may be interested in this blog post on how to become a distributor for Closeup Toothpaste in Nigeria. It will cover the costs of becoming an authorized agent and what is required to maintain your status as one. You can also learn about how much it would cost you per year if you were to purchase 250 units (an example of the minimum order) at $5 per unit. Lastly, there are some FAQs that might help get clarification on any doubts you have before proceeding with this business venture.
Costs for becoming a distributor
As an approved retail agent (RRA) of Closeup Toothpaste, you have to meet a minimum order requirement for each order. An RRA must purchase at least 250 units to maintain their status. However, this could cost more money for you if you choose to purchase close to the minimum. With this being said, I have listed how much it would cost you per year to be an RRA.
Cost per order = $150
Cost per shipment = $10
Good Customer Service
For a premium product, you have to provide your customer with exceptional customer service. Not only do you have to be polite to your customers, but you have to also leave the best impression. I am confident that you would be able to sell a good amount of Closeup Toothpaste by being professional and courteous in your mannerisms.
What is required to maintain your status as a distributor?
If you were to purchase 250 units from Closeup Toothpaste (the minimum order), you would need to place an order of $6,200. Now this does not include freight costs or any other costs associated with making the purchase. The total annualized income can be calculated as $2,300 x 250 units = $6,200 per year in revenue. In order to maintain your status as a distributor, you will have to maintain your minimum order of 250 units.
How to become an authorized agent
If you are a wholesale distributor who sells Closeup toothpaste, this is a simple process. If you do not have any brick and mortar stores, then you will need to have an account at a distributor who sells Closeup Toothpaste. An account manager can assist you with the process.
Minimum order cost and distributors with 250 units per year
It is a recommended that you establish a minimum order of 250 units before you make any inquiries about becoming a distributor. This is because it costs $6,000 for the entire process of becoming a distributor, and it is highly recommended that you save up for at least a year before purchasing any toothpaste. You will also be required to procure a special service package that will allow you to order products through your distribution center as well. With the special service package, you can have an assistant that will pick the order and deliver it to you so that you don’t have to spend time in the distribution center.
Applying for an official license
Since the government would like to ensure that there is a quality product being sold in their country, an official license is required.
What do you mean by “authorized agent” and how do I become one?
Basically, you are going to help Closeup Nigeria develop the product in Nigeria, create their online store, and then sell the products on that site. The company, Closeup Nigeria, will pay you an amount per year (how much depends on your experience and how many products you have purchased from the company over the course of your two year term of service) and you will do the work yourself (meaning you won’t hire staff). You are actually the first person who can sell Closeup Nigeria’s products on their website; once the website is live, the brand has to send you a letter of authorization. Once you have received this letter, you can begin selling on the site. However, you may not be the first person who receives it.
How much would it cost me per year if I was to purchase 250 units at $5 each?
This is a great question! How much would it cost me per year if I were to purchase 250 units at $5 each? How long would it take for me to become an authorized agent and obtain a minimum order of 250 units (250 x $5)?
These are the answers:
To become an authorized agent with Closeup Toothpaste and obtain a minimum order of 250 units, you would pay $95 and 6% commission to your distributor (the sales rep). You would need to buy 250 units at $5 each and sell them to your customers (wholesalers) at a rate of $10 per unit for a total sale of $250. Therefore, you will spend approximately $995 to start this business. Your distributor will receive $10 per unit as commission. Therefore, he will sell to his customers at a rate of $10 per unit for a total sale of $250.
FAQs that might help you before proceeding with this business venture
Q. What do you do?
A. A distributor is a person who supplies toothpaste to retailers in a specific market. Retailers are people who sell the products to consumers for the retail price of the product. A retailer is not an end user. In other words, a retailer does not pay for the toothpaste directly. This is one of the biggest benefits of being a distributor. Instead of using an agent, the dealer pays for the toothpaste. You are rewarded for your sales on a fixed fee basis. If you sell only one case of toothpaste at a specific price, for example $5, you will earn a commission of $5.50. After you complete your first year, you can apply for an additional bonus of $10 if you sell 100 units.
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