Doing Business in Nigeria
Marketing Information:
Mediums that will be used to
promote companies that
participate in the event:
Postcards (5,000 mailed every
month to Nigerian Businesses and
individuals in the U.S. - and
growing)
Radio ads
Internet, links on African and
Nigerian oriented, prominent
websites
E-mails to over 50,000
Nigerians businesses and
individuals
Flyers over 50,000 printed
and will be fully distributed to
various African & Nigerian
Organizations
Newspapers - ads in African or
Nigerian papers with large
reader pools
Magazines - ads in African or
Nigerian papers with large
reader pools
Posters - over 10,000 printed
and will be fully distributed to
various African and Nigerian
Organizations
CDs with information about
companies (over 10,000 will be
distributed)
The goal of the Doing Business
in Nigeria EXPO 2007 is to
promote the best of Nigerian
Businesses to Nigerians in the
Diaspora and the general public.
This will be accomplished in
part by the marketing strategy.
The company plans the majority
of our focus to come initially
from Nigerians located in the
United States and in Canada as
well as Nigerian & US businesses
as a result of presentations and
demonstrations by agents of this
corporation by direct contact
through associations with
acquaintances, colleagues,
friends, relatives, etc. (word
of mouth); meetings / seminars
(weve done some); mailed
leaflets (over 5,000 mailed per
month) / newsletters; video
presentations; strategically
placed ads in newspapers and
magazines with a sizable
proportion of African readership
(there are few that meet that
criteria), internet WebPages
(already set up), e-mail
addresses list (over 50,000+
Nigerian businesses and
individuals), ads in Afro
centric websites, souvenirs
(pens, key holders, etc.), etc.
. . .
The mission of this EXPO and
subsequent ones will be to
disseminate information about
the participating businesses to
Nigerian Businesses and
individuals in the Diaspora
primarily located in the United
States. More specifically to
facilitate the efficient
maximization of individual's and
business's access to Nigerian
companies such as bank,
financial institutions, real
estate, etc. A
catalog of businesses located in
Nigerian will be available on
the website and at the EXPO. The
5,000 plus mailing list per
month will be sent with info
about the participating
companies throughout the year.
E-mails (over 50,000+) will be
sent too, with info about the
participating Nigerian
Businesses.
Currently, there is no
comprehensive database of
information available to
Nigerians or foreigners (i.e.
Yellow pages, etc.) The website
will have a comprehensive list
of businesses (including data
such as company name, locations,
phone/fax numbers, profit/loss
statements, etc.) online and in a
CD format as the info is available. We
will provide background
information for prospective
investors on prospective
companies they would like to do
business with.
The potential market is over 5
million Nigerians businesses and
individuals here in the US and
millions more in Canada
The primary market for the EXPO
will consist essentially of
working class Nigerians. These
are hard working people who want
to someday go HOME (to
Nigeria) either permanently or
on "visits" (for those who have
stayed away for awhile). The
median age is between 21 and
above (approx. 65). Especially
among the above 40 set there is
an urgency to prepare a
retirement income, buy a house,
etc. They are motivated
primarily to do so because they
are at the end of their
sojourn and want to enjoy the
fruits of their labor in their
retirement years. These are
highly educated and responsible
people who know what they want
and will pay to get it done.
They will patronize a good,
sound business that delivers
promptly and efficiently.
The potential market volume is
very encouraging. With a general
population of more than five
million families, etc. across
the continental United States
and beyond. Presently these
people have a combined income of
over fifty billion dollars
(based on a minimum family
income of ten thousand dollars
per annum - minimum wage of
$5.15/hr ). This figure does not
take into account the fact that
in a lot of families there is
more than one individual earning
an income and the fact that a
lot of Nigerians are
professionals earning
exponentially more than the
minimum wage.