Ever heard of bitter kola export business?
There are a lot of business opportunities in this country, but it’s hard to hit that striking idea that will earn you a ton of profit with relatively less stress. Researching to find a unique profitable business idea can be pretty exhausting. This is partly because our information system is still underdeveloped, and also some successful entrepreneurs rather deliberately hoard such vital information from others.
Do you know that by exporting common bitter kola you can make money very quickly here in Nigeria?
Want to start an export business with bitter kola but you don’t know how to do it?
Need a sample bitter kola business plan model that you can use to raise funds or obtain bank loans?
Then I encourage you to read on.
It took a lot of time, money and research to put together this article. But in the end, all the sweat was truly worth it.
We all crave for that idea that will make us fast money. We all want to make it really big in life, but the question is, are we willing to put in the required effort? Are we ready to dwell out of our comfort zones and buckle down till we hit the million dollar mark?
Here is a testimony from someone who has made millions by simply exporting bitter kola out of Nigeria.
“My fight for riches ended around September 2011, after attending a seminar on Bitter kola and Ginger Export Business in Ibadan with reluctance.
“It wasn’t easy for me at first, but after a very short trial and persistence with the sources given to me at the seminar site, l managed to get it right and since then l smiled every day!!!!! I was also able to develop my own strategies that made me have enough customers that regularly demand for my goods. Occasionally, because of my simple and honest strategies, I now get calls from buyers all over the world asking for my products”.
Bitter kola Export Business In Nigeria
Bitter kola also known as Garcinia kola is a flowering plant species in the Clusiaceae or Guttife family. The fruit, seed, nuts and bark of the plant have been used for centuries for many different purposes.
Apart from Nigeria, it is also found in Benin, Cameroon, Senegal, Sierra Leone, Democratic Republic of the Congo, Ivory Coast, Gabon, Ghana and Liberia.
Its natural habitat is moist lowlands, subtropical and tropical foreests. Nigeria is the main producer of 150, 000 tons of bitter kola, 90% of which is consumed locally.
In Western Nigeria, it is locally referred to as Orogbo, Eastern Nigeria Akuilu and Namijin-goro in Northern Nigeria.
Uses, benefits of bitter kola
Garcinia kola also known as bitter kola is an economic and highly valued nut-bearing tropical tree. It is widely used globally for many purposes.
- Bitter kola is used traditionally in the preparation of herbal medicines and treatment of ailments.
- It is used in the manufacture of kola soft drinks.
- Bitter Kola is known for the treatment of cough, diarrhea, tuberculosis and other bacterial infections.
- Garcinia kola is used in brewing lager beer as a replacement for hops.
- It is especially useful as a preservative to prevent spoilage of beer.
Export potential Bitter kola can easily be found in our local market, so it’s not going to be a problem to buy and it’s relatively cheap.
Bitter kola, from the eastern part of the country, finds its way into our local markets in most situations. A simple search on a few trade websites would actually give you a list of so many Nigerian suppliers. Only Alibaba.com has about 362 Nigerian suppliers. Little expertise is required in collecting and processing this commodity from rural areas and packaging for export markets. The process is simple, less capital-intensive, attractive to government support and, above all, a noble occupation. You may not need to start big as a beginner; there are possibilities for small beginners. That means you don’t need a huge chunk of capital or to export large metric tonnes to make good profit.
Why You Should Start a Bitter Kola Export Business Today
Demand for bitter kola has been on the high for some time now on the international market. This is because the seed is used for the manufacture of medicines, energy drinks, and other goods in the pharmaceutical and food processing industries. In countries like the USA, Britain, Germany, France, Japan, India and some other Asian countries, demand is particularly high. The above statements bring home the fact that there is a lot of money to be spent on buying and exporting bitter kola to countries where it is industrially needed.
So, if you live in a country like Nigeria, where there is a lot of bitter kola, then you should consider starting a business that exports the product. Bitter kola export business is highly lucrative as it receives 100 percent or more profit from export sales. And anyone can venture into the business as it does not require enormous capital or technical expertise.
How to Make Money Exporting Bitter Kola in Nigeria
If you want to start the bitter kola export business, then I advise you to read on to learn more about the business and the steps involved in starting it up.
Bitter kola is needed in either the fresh or the dried form on the international market. Since most buyers prefer the dried form, however, the seeds must be carefully dried so as not to change the color and taste. Now, let’s look at the steps involved in the export business of bitter kola.
- Find your market
Locating buyers is the most important step in the bitter kola export business (you won’t make money without buyers). Since most exporters hold the links to their customers as trade secrets, to acquire this knowledge, you will need to take either of two routes.
You should consult with business veterans and learn how to communicate with potential buyers and look for potential buyers’ contacts on the internet. You will need to send a proposal to the contact after getting the contacts. If they’re willing to do business with you, then you can go ahead and get your bitter kola seeds for export packaging.
- Purchase bitter kola seeds
Since bitter kola is mostly grown in rural areas, in these areas you will need to find high quality varieties at low prices. Therefore, finding reputable suppliers of high-quality bitter kola is your first job as a bitter kola export merchant. You can inquire from veterans in the business to make the task easier.
- Dry the seeds if possible
If you don’t have the facilities or resources to dry the seeds yourself, you will have to buy dried seeds every time. But, there are periods when all you can get is fresh seeds, that need drying before they can be exported.
There are three methods of drying bitter kola seeds;
- Sun drying
- Mechanical drying
- Natural drying
While sun drying is the method most farmers use in the growing areas, most buyers do not buy sun dried bitter kola because it affects some of the seed’s natural properties. Thus, it is highly recommended that you use the natural drying method.
The natural method of drying leaves intact both the color and the chemical composition of the bitter kola seeds. This is done by simply spreading the seeds on a clean surface in a room where sunlight and humidity can not enter them. The seeds will be dried and ready for export within about 4-5 days.
- Ensure quality control
Your bitter kola seeds must be of high quality, which means in part that they must be free of impurities like rocks, sand, dust, dirt, plastic, paper, leaves, etc. Apart from being able to add unnecessary weight to some of these “extra” particles, exporting packages containing impurities may discourage buyers from subsequent dealings with you.
Furthermore, you must not adulterate your bitter kola seeds in any way. They must be exported in their natural form to meet international standards and aloso to safegaurd your business integrity.
- Package properly
While there is no specific packaging method for packaging or bagging bitter kola, you will need to carefully package your bitter kola seeds to ensure seed quality conservation and seed safety. Notice that airtight bags are not used to package bitter kola seeds, as aeration is required to keep the seeds healthy.
- Export your bitter kola
After preparing and packaging your bitter kola seeds, it’s time to export. You can use either your country’s regular postal service (NIPOST in Nigeria’s case) or any of the foreign private courier companies (DHL, UPS, etc.).
Feel free to leave a comment– we’d love to know your views on this topic!