bitterkoloa
INTRODUCTION
Bitter kola as it
is popularly called is an English name and it belongs to the family of
Guttiferal. It is an agricultural product, and have medicinal
applications in both traditional and orthodox medicine. It is from the
species called Garcinia Kola and by product it is a fruit.
SOURCE
Bitter
kola can be found in the Eastern and Southern parts of Nigeria. It can
easily be bought from our local markets, this makes it easy to source
at very cheaper rates. For example, it is found in most of our popular
market in Lagos – such as Mile 12 market, Ketu Market, Iddo Market and
so on. Our research findings indicated that it is often found at
cheaper rates by market women from the bush markets. – LUSADA MARKET.
However, the prospective exporters can still source the product from any
other places they can find it at cheaper rates. They could be fresh or
dried.
USES
Bitter Kola is used extensively as industrial
raw materials for brewery purposes; it is also used in medicine as
stimulant. Both the fresh and dried bitter kola possess some healing
powers for various sickness such as cough. There is no doubt that these
various uses are responsible for its demand both locally and
internationally in both small and large quantities. Locally it is
mostly use to cure cough and clear throat.
PROCESSING
For
bitter kola to be processed to meet export standard and to make it
adequately export market requirement. The major process is the drying
to reduce the moisture content to at least 1%. In order to meet the
buyers’ and international standard and requirement, it must be
adequately and properly dried in such a manner that the scales, colour
and the tastes are not adversely affected.
THERE ARE TWO MAJOR METHODS OF PROCESSING OR DRYING;
1 SUN DRYING:- Sun drying is a natural way of processing and it is more
popular
here in Nigeria than machine drying. This mode of drying is mostly use
during the dry season while drying in the wet season, the product can
be dried right there at the spacious corner of your room. However, this
mode of drying is subject to the quantity and frame.
This mode of drying is much relevant to the small scale exporters, which is of course is the starting point for most of us.
2.
DRYING BY MACHINE: - Is a cabinet machine with partitioned layers with
electric element and a blower to produce the warm air that dries a
large quantity of the product faster and safer. This cabinet machine
has a regulator and it is an electric generated machine. It is most used
by big scale exporter. The machine is costly and it is built on
request.
This is not to say that large quantity of the product
cannot be naturally or sun dried, but it will take time and lot of
effort. However, the main purpose for drying the product is to reduce
the moisture content. It then means that, if parked before drying the
over all weight will be affected due to the humidity and other natural
factors during transit. In order to make sure that the product is in
good condition and to maintain the requested weight before getting to
the buyer, it must be adequately dried to a reasonable extent.
PACKAGING
There
is no denying the fact that there is no any standard packaging method
for bitter kola or any other export product for that matter. This is for
the simple reason that it is prerogative of the prospective importers
to specify the packaging method approved for a specific or particular
product in their home country. Because of this, exporters must seek the
consent of the buyer before doing the packaging. However, the packaging
standard and requirement will be clearly stated in the contract order
which must be strictly adhered to. This method above is applicable to a
big time exporter, who enters the business in a big way. This depends
absolutely on cash at hand and requirement of the buyers.
Under this category the products always pass through the port and cargoes or shipped to the buyers overseas.
For
the small scale exporter, they need not pass through the port to send
their products to the buyers abroad. Under this category the maximum
quantity allowed is 100 kilogram. This quantity is usually being sent
through postal system. The product must be carried to the post office
unsealed in bags, it is the post office that the product will be packed,
sealed and weighed to determine their charges.
As a matter of
facts, you will be told what to do there, you need not to take anything
to the post office except your products in the bags, and everything
needed to be brought to the post office premises. The product must be
registered immediately after the packaging and sealing, the package can
be registered express postage or ordinary registered postage. Now you
will be given a counterfoil for the registration, this counterfoil must
be kept in case anything happens to the product in transit. It is the
counterfoil that will be used to claim it from the post office.
Immediately the product is sent, you must let the buyer know and when it
is received the buyer will also alert you about the receipt.
PRICING
though
there is no denying the fact that there is an approved international
price for all exportable commodities, bitter kola is no exception.
However, it is the responsibility of both exporter and the importers to
agree on a price that will serve their interest. Presently, the
generally acceptable price for Bitter Kola per bag is USD 17/kg the
local price of the equivalent is within the range of N500.00 to N800.00
depending on where it is purchased. In order to beat down the price
more, it is advisable to reach out to the local areas where it can be
bought at cheaper rates. In other words, the cheaper the product is
bought locally the better the profit at the export market.
QUALITY CONTROL
In
other to do exporting business successfully, the maintenance of a good
quality control should be a prerequisite. This means that products must
be free of foreign matters or objects such as papers, nylon, stone,
dirt, and so on. These will not add unnecessarily to the weight but
will contaminate the product especially when it is used for food and
medical purposes.
On the other hand, if the issue of quality
control is not taken into cognizance, it can cause unwanted business
hardship in terms of total rejection of the product by the buyer. And
this can lead to loosing of the capital invested. Adequate care must be
taken during the purchasing of the product to select good ones which
have not broken or pealed off.
EXPORT ORDER
It is very
pertinent that before any prospective exporter starts to source for the
product, it is very important to first of all seek for a genuine or what
we called firm export or contractual order. It is this order that
specifies the name of the product, agreed price; packaging method, terms
of payment and delivery and other such terms as may be relevant.
However, it is the responsibility of the exporter to secure or get an
order through the contact address of possible buyers which have been
made provision for in this manual. Again, provision has been made for
product advert placement on the internet together with both local and
foreign bodies including websites where individual can source for the
contact of buyers. Prospective exporters can also contact various
organizations such as Nigeria Export Promotion Council, World Trade
Center – Western House 8th floor Lagos, for the addresses of possible
buyers.
ADVANTAGES OF PROCESSED BITTER KOLA EXPORT BUSINESS LOW START UP CAPITAL
Bitter
Kola export business does not require huge capital to start up. For
instance, as a beginner you only need small capital to start your
business as a small quantity exporter. You don’t have to tie so much
money down on the product. You can always buy the product and export it
when there is an order from your buyers at regular intervals as agreed
upon by both of you. THE
BUSINESS CAN BE OPERATED FROM HOME
Renting
of a shop in Lagos and indeed every part of the country is not a
child’s play; it can cause one’s life savings. For bitter kola export
business you don’t need to hire an office space, it can always be
carried out at the corner of your room.
THE OPERATIONAL COST IS LOW
Unlike
most business where you have to spend a huge amount of money for
advertising your product before you can make a sale. You always have
some free international websites on which your product can be advertised
to see and ordered for from all over the world.
HUGE PROFITABILITY
Export
business is one of the highest profitable and lucrative business which
bitter kola export is no exception. As a matter of fact, entrepreneurs
buy at cheaper prices from the bushes and local markets and export to
overseas countries and collect the proceeds in hard currency. At the
end of the day, the hard currency is changed to Naira denominations and
you make your huge profits. As a matter of fact, bitter kola business
is an easy way to become very rich.
THE BUSINESS IS RISK FREE
Unlike most business, this bitter kola business is risk free. In other
words, the entrepreneurs do not incur any debt or loose the invested
capital. As a matter of fact, it is a clean and legal business
alongside your former job. On the other hand, it can also be engaged in
as full time business provided one wishes to.
EASY ACCESS TO CHEAP SOURCES OF THE PRODUCTS
Bitter
kola is sourced locally in the villages and in our local markets, this
easy source makes the purchasing of the product simple throughout the
year. As a matter of fact, we have been able to find out some local
markets, where the product can be gotten cheaper.
EASY ACCESS TO OVERSEAS MARKETS AND BUYERS
Bitter
kola business has ready made markets all over America and the Europe,
as well as buyers to the extend that their demands have never been met.
And everyday the markets and buyers always expand and the demands also
grow wide beyond sellers and supply. This is the kind of business that
can accommodate as many as prospective sellers. We have been able to
secure some overseas buyers addresses during our research findings. IT
GIVES YOU
FREEDOM D TO DO OTHER THINGS
When you are
engaged in this business, you set the hours of your work and the number
of days you want to work in a week or month. In short, the business
can be engaged in as a part time business alongside your former job. On
the other hand, it can also be engaged in as full time provided one
wishes to.
ADVERTS ARE PLACED ON THE INTERNET
The
prospective sellers have no cause to worry about how their products
will be advertised to the buyers in the world over simply because in
our research findings we have found out some websites to advertise on
at a peanut if not for free. As soon as possible buyers will respond to
your advert, you begin to make big money.
SIMPLE PROCESSING AND PACKAGING
The prospective sellers will be taught how to process and package the
product in a very simple, easy and natural way for exportation purposes
that suits and conforms with the international standard. So for this,
the prospective exporters have no cause to worry about processing and
packaging. The packaging method used in this business is very simple
and easy and can be learned by anybody.
.
EASY AND PROMPT COLLECTION OF PAYMENTS
The
prospective exporters would be taught how to receive the payments and
proceeds up front before the shipment of the product here in Nigeria
without stress in hard currency denominations. In fact, you will be
shown the fastest and safest way to collect your money in US dollars.
how to get company that buyer Bitterkola in OVERSEA contact us Bitterkola70@gmail.com
bitterkoloa
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