Wholesale Business Opportunities In Ghana; Are you Looking for a wholesale business idea to create another source of income? Right, you are at the right place.
This article Contains the best Wholesale Business Opportunities In Ghana with gaining higher profits
In recent times it is difficult to make ends meet if you don’t have a business running aside your main source of income.
The trick about succeeding in wholesale business in Ghana is finding the right goods or services for the right customers at the right time.
It is best to consider fast-moving consumer goods (FMCG).
The wholesale business opportunities listed here require little capital to start.
We are going to give a detailed explanation of each, how to start, management, and any other relevant information needed.
Are you ready? Let us get started.
Before we list the available wholesale, opportunities let us have a look at some important things first.
Who is a wholesaler?
In simple terms, the wholesaler sources goods directly from the manufacturer or direct distributor to sell them in large quantities to retailers.
Why start a wholesale business?
- Goods are sold in bulk quantities. You don’t get to keep the products for a very long time before purchase since you are selling in large quantities.
- There is a huge profit margin. Sourcing goods directly from the manufacturer is cheaper.
Below is the List of Wholesale Business Opportunities In Ghana
- Selling sachet or bottled water
This business seems unprofitable to many, but with a strategic plan and careful execution, one can become successful in selling sachet water.
Water is a daily need of everyone. Positioning your water-selling business at vantage points can help you sell more.
The wholesale bag for sachet water costs GHC 2.50 – GHC 3.00. The bag has 30 pieces of sachet water inside.
Sachet water cost GHS 0.20 in most parts of Ghana.
The gross income made after selling one bag is approximately GHS 6.00. Thus a hundred percent (100%) profit on selling one bag.
On an average day, 5 – 10 bags of sachet water can be sold depending on the location.
Assuming 5 bags are sold a day, it means that the seller is making a gross income of GHS 30 each day, GHS 210.00 in a week, and GHS 8.40 in a month.
A profit of about GHS 500.00 or more can be made at the end of each month.
There is a lot of sachet water-producing companies in Ghana. Getting wholesale sachet water has therefore become much easier. Start now.
- Selling computer and mobile phone accessories
This is a fast-moving wholesale business. The current youth is catching up with technology and are always looking for a new computer and phone accessories to make life easier.
You can start with cheap accessories such as pen drives, android chargers, iPhone chargers, memory cards, phone screen protectors, and many more.
With this kind of business, all you need is to find a very reliable wholesale shop or dealer and build trust with him.
You need a very good marketing plan to succeed here. Use social media platforms such as WhatsApp, Instagram, and Facebook to market your goods.
Give little discounts and possible giveaways to attract more customers.
Textile Business
This is probably one of the lucrative businesses you could start in Ghana. It entails the design, production, and distribution of yarn, fabrics, or readymade clothing. Before starting the business, know the market, do research on the business, find fabric, and find yourself a suitable location for the business.
Stationery Distribution Business
This is one of the fastest-growing businesses in the world as stationeries are things that we’ll never grow out to need. Stationeries are always needed in schools, colleges, offices, etc. Putting in mind that this is something that will always be in need, stationery distribution is hence one of the wholesale business opportunities in Ghana.
Organic Food Distribution
This is another profitable business to start in Ghana. With the increase in demand for organic food, this might be a business opportunity you could take into consideration.
Furniture Distribution Business
Furniture distribution is also a lucrative business both in developed and developing countries. Furniture also has a great foreign trade potential and you never know, this could be your perfect shot in the business.
Agricultural Products
In agriculture, almost 55% of Ghana’s labour force is employed by the agriculture sector. You could start an agricultural product distributing business and start delivering agricultural products to agricultural firms all around Ghana.
Scientific Instrument Distribution
This is another profitable business to start in Ghana even with a small investment. You can start the business with limited products and as your business grows, you can enhance the product range. Generally, educational institutions, government laboratories, and private manufacturing companies are the major buyers of these items. Some of the most popular items are measuring tools, devices, test equipment, and laboratory supplies.
Chemical Distribution Business
The chemical industry includes a wide range of products. These are plastic & polymer, natural gas, petrochemicals, inorganic chemicals, surfactant, rubber adhesives, etc. There are plenty of products you can find that has good potential for the distribution and start a distribution business in Ghana.