HOW LOCAL PRODUCERS OF AGRO COMMODITIES CAN MAXIMIZE THEIR PROFITS

As a local producer of agricultural commodities e.g. Hardwood Charcoal, Shea Nut, Groundnut, Cashew Nut, Shea Butter, Ginger, Garlic, Kosso Wood e.t.c , it is important for you to maximize profit from your sales. I will be discussing various ways by which you can maximize your profits and be different from other producers.

Most agricultural commodities producers makes little profit but believes they are making good profits because of their lack of exposure, probably because most producers stays in the rural/remote area. You can increase your profits by following these steps to create a unique selling point:

1.Improve your Commodity Quality: Improving your product quality is of paramount importance if you are interested in raking in more money. You have to know the general international specifications for your product and tailor your commodity to the specification. With this, you will enjoy more patronage from exporters and domestic users of your commodity.

2. Improve your Commodity Packaging: Packaging is of utmost importance in every business. Use new and beautiful materials in packaging your commodity. Also, package strictly to your buyer's specification. If your packaging is okay, more exporters and local buyers will be interested in patronizing you.

3. Maintain Good Business Relationship: Most local producers or sellers, do not learn to maintain relationships. Some believe in a one time business transaction. Your attitude to your buyer is very important, it is what will guarantee his return or giving you business referrals. There is a saying that, "your attitude will determine your altitude".

4. Be Exposed: You need to be aware of various happenings in your industry. It is also important to seek more knowledge by attending various workshops organized by government/private bodies about your commodity of interest.Some government bodies organizing workshops are: FIIRO, IITA, CRIN, FRIN e.t.c.You also need to advertise your commodity online to generate more local buyers.

There are lots of other methods to increase your sales which we will be discussing later. I assure you that if you follow this advise, you will be smiling to your bank at the end of the day.

For those interested in subscribing to our Online Advert Service, it's simple. Kindly send a mail to: business@tosfatconcepts.com.ng with the subject, "ONLINE ADVERT SERVICE" and we will send you the current price we are charging for this service. This service will be of immense benefit for your business

To your success,

Gbeke Faith

Chief Consultant

TOSFAT Concepts

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