28/09/2021
PART TWO.
Methods of Buying and Selling Agric Produce In Nigeria.
5. MEDIUM/LARGE SCALE
Another way you can approach agro-commodity trade is to buy produce from one state of the country and sell in another.
Here’s an example: you can buy tubers of yam from Benue state where they have yams in abundance, and sell in Sokoto state where yams are usually scarce. On your way back, you can buy whatever Sokoto state has in abundance and sell in Benue state.
6. SELLING DIRECTLY TO CUSTOMERS
One of the best ways of selling farm produce by local farmers is through selling the goods directly to the final consumers.
By doing this, you’ll be able control the whole distribution chain and control the final market price. To sell directly to consumers, you’ll need to set up a small shed in your farm to enable buyers to buy from you directly, thereby increasing your sales.
7. ONLINE SELLING
Another method of selling or buying your produce at cheaper costs is the use of the internet. With online selling, your products are exposed to a large body of potential customers.
Using internet technology requires you to have an e-commerce platform to showcase your products. You can sign up on www.agrostoresonline.com to get a free e-commerce account.
8. EXPORTATION OF FARM PRODUCE
Cash crops like cocoa, cotton, oil palm, etc are goods that have high demand on the international trade market. Every manufacturing nations of the world need these products desperately.
In fact, the level of demand is far greater than the supply; meaning every cash crop from your farm has a ready market.
As a wise farmer, the best avenue to maximize your profit is through the exportation of your farm produce. When you export, you’ll sell at a price higher than the local market price.
9. STORE NOW/SELL LATER
Another way you can approach agro-commodity trade is to buy a particular produce during its peak season when the price is cheap, store the produce, and sell months later during its off season.
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