She said selling shoes is profitable and is not as complex as knowing how to do forex trading. “I focus on children’s shoes, and for every pair I sell, I make at least N2,000 profit on it, and if I sell 10 pairs a day, that means I have made N20,000 profit for that day.”When asked how much one can use as capital for the business, Toyin thinks that no amount of money is too big to start a business. He puts the capital between N500,000 and N2 million, as this solely depends on the person.
A shoe seller, Idris Abdul said, shoes are of different types and qualities. To him, “before you go into business, you should know which one you are going into. There are sneakers, corporate shoes, and many others. “As for me, my focus is on sneakers.” Abdul confirmed that, running a shoe business can be profitable, stressing that, “part of what will make your business profitable is seeking out a suitable retail location. An area with lots of traffic and easy access is where your shoe store should be situated. Preferably, choose a location near clothing shops or boutiques and have a reliable supplier.”
He believes there is no business that is not profitable as long as you have people patronizing it, and “I will not lie to you, selling shoes is profitable, and it could even develop into a well-paying full-time job, depending on how much time and experience you invest in it.”“There are different places where you could get shoes to sell. The Balogun market is there; the Idumota market is there; and Mandelas is there.
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