How can I become a FMCG distributor?

How To Start an FMCG Distribution Business

1. Decide your Product. FMCG is composed of various products.
2. Business Plan. Business plan is the foundation of any successful business.
3. Licensing & Registration. It is of utmost importance to get your business registered first.
4. Location.

How do I ask for a distributorship?

Respected Sir/ Madam, My name is __________ (name) and I am ________ (designation) of ________ (company name). I am writing this letter to request you for providing me/us with the distributorship of your company. Our company is dealing with ________ (mention) and holds a good market value and reputation.

Is distributorship a good business?

As per research, small-scale distributorship is globally considered a profitable business opportunity, especially in India. In India, manufacturing is among the fastest-growing sectors that carry great potential for aspiring entrepreneurs.

How to start a FMCG distributorship business?

Next up; to fully establish your FMCG distributorship business you will need to acquire a vehicle: a van or a big truck to be used to convey your goods to other sub distributors or retailers.

How much do FMCG distributors make in Nigeria?

As a FMCG distributor you can comfortably make between N500,000 – N1000000 per month. Like stated earlier the business is quite lucrative. At the end of the year’s sale, the company may still pay you commission. For new entrants however; profits may not come in just immediately, but as your customer base grows it surely will.

What is fast moving consumer goods (FMCG)?

FMCG: Fast Moving Consumer Goods are fast-selling products at relatively low cost. Examples include non-sustainable household goods such as packaged foods, drinks, toiletries, over-the-counter drugs, and other consumer products.

What is the future of organized retailing in FMCG?

Organized retail, through various retail formats such as department stores, hypermarkets, supermarkets, and specialty stores, has created new outlets for FMCG players. With organized retailing largely emerging across the country, FMCG company’s revenues are expected to rise.