The Best Way to Become a Distributor for Mirinda In Nigeria
How To Become a Distributor for Mirinda Drink in Nigeria: 3 Easy Steps
Mirinda is a popular soft drink in Nigeria, but to become a distributor for Mirinda you need to have an approved wholesaler license. This blog post will talk about the requirements for becoming a distributor and how much it costs.
Nigerian Wholesalers are required by law to acquire an approved wholesaler license before they can transact with other businesses in the country. The application process is free of charge and takes only 10 minutes to complete online on their website. You’ll need your business name, company registration number, contact information as well as proof of good standing from the Corporate Affairs Commission (CAC). If your application is successful you’ll receive approval from CAC within two weeks and can start transacting business immediately!
Requirements for becoming a distributor
What do you need to apply for an approved wholesaler license?
For your first business you need to apply for a confirmed license issued by the Bureau of Public Procurement. You need to bring your information to the Bureau of Public Procurement, wait for approval and a fee is paid to them.
However, if you have a proof of cost, you will not need to apply for a confirmed license from BPP but can use the income to start your business. If you have an approved license from BPP but do not have any product, you can start your business as a distributor, simply by putting your inventory on the market for sale.
How much does it cost to become a distributor of Mirinda drink in Nigeria?
An approved license for distributor of soft drinks in Nigeria costs N150,000.00.
How much does it cost to become a distributor
The overall price to become a distributor of any major brand of non-alcoholic drinks in Nigeria is between N100,000 and N250,000 depending on the brand and number of outlets. It does not include the cost of tools and other assets like servers, computers and the like.
While the initial upfront cost might seem high, you will receive the bulk of your income after sales have started. If you do all the required checks and work through the process, you will have a profit of over N30,000 per month in a year.
This makes the money you’ll make from being a distributor very valuable. It also means you’ll be in a prime position to serve more customers, particularly during peak periods when the company runs out of stock.
The benefits of becoming a distributor
Becoming a distributor is a great opportunity for anyone to access a range of products and build their own business. Being a distributor is also a very lucrative position to have as the profit margin is huge, and the company benefits from all your customers in turn.
Dealing with wholesalers you work directly with the brand – giving you the opportunity to directly interact with the brand owners and learn about the company and their products.
Producing all the packaging and food needs for your business – Wholesalers supply all these items to you which are time consuming and expensive to produce.
A lot of volume – There are a lot of accounts for sales and as a distributor your business can do as much as 100k litres per month.