Unlocking Export Opportunities: Insights from the Export to Wealth Conference

Venue:
Oriental Hotel VI, Sandfill, Lagos, Nigeria.

Date:
Wednesday 6th and Thursday 7th March, 2024.

Anchoring Success: Navigating the Export Landscape

The Export to Wealth Conference Event was a gathering of successful business leaders and entrepreneurs looking to expand their businesses globally. Hosted by Mr. Nduka Uddeh and sponsored by Sterling Bank, the event provided valuable insights into the Prepare, Send, and Sell Procedures of exporting products to countries like the USA, Canada, and beyond.

Prepare: Laying the Foundation for Export Success Stage

During the Prepare stage, attendees learned about the essential steps to take before venturing into the export business. This included choosing the right product, ensuring proper manufacturing processes, packaging, and obtaining necessary registrations and certifications from organizations like Corporate Affairs Commission (CAC), Export Certificate NEPC, Certificate of Origin NACCIMA, Export Proceed Form NXP (Bank ), NAFDAC Nigeria, and FDA USA.

Other vital documents are:

Bill of Laden/Airway Bill, Certificate of Marine, Commercial Invoice, and Packaging list.

Send Stage:Streamlining Logistics and Shipping

The Send stage focused on logistics and shipping, as well as warehousing to ensure products reach their destination safely and on time.

Sell Stage: Strategies for Market Penetration

In the Sell stage, participants were educated on how to reach buyers through various channels such as clients, shops, and online marketplaces. It was emphasized that all the necessary steps in the Prepare and Send stages must be completed before committing to the export business.

Profitability Analysis:The Key to Sustainable Export

A crucial aspect of exporting products is conducting a profitability analysis to determine the potential return on investment. Factors such as freight costs, packaging dimensions, target markets, competitors, and duty-free considerations were discussed to help attendees make informed decisions.

Rebranding for Global Success: From Concept to Consumer

Results from the profitability analysis and rebranding efforts were highlighted to showcase the importance of factors like net profit, minimum selling price, product packaging, and compliance with regulations. Graphic designs were also emphasized to appeal to target audiences and stand out in competitive markets.

Graphic Design Essentials: Capturing Market Appeal

Designing for Target Audience Preferences
Adhering to Destination Country Laws
Standing Out in a Competitive Market

Contact Information

Those interested in importing agricultural products from Africa, Nigeria , were directed to visit the following websites:

https://olanusilinks.com

 https://olanusilinks.com/Global-Exports

Or obtaining HS-CODEs

www.hts.usitc.gov

For further inquiries, attendees were encouraged to reach out via email at

enquiry@olanusilinks.com