Car Paint Selling Business

How to Start a Car Paint Selling Business in Nigeria
Business Overview:
Car Paint Selling is a very lucrative business that has been in existence for a very long time and will continue to be. It’s a business that requires not much efforts and small capital to startup.
You stand a chance of making it big if you decided to start this line of trade.
What is a Car Paint?
Car paint is paint used on automobiles for both protection and decoration, it is the used during body works in automobile manufacturing or repair process and it’s selected based on the model of the car or on customer’s preferences.
Types of Car Paints

• Solid Paints

Almost all cars  – other than the most expensive ones – are available in a no-cost basic, solid colour.

• Metallic Paints

Metallic are effectively the same as solid paints, only with a small quantity of powdered metal added. The metal particles in the paint pick up and reflect more incident light that the basic paint colours, giving your car a much more appealing shine than with solid colour.

• Pearlescent

Pearlescent paints replace the metal particles with ceramic crystalsthat don’t just reflect light but refract it too, splitting it into different colours by allowing some light in and slowing it down as it passes through.
How Profitable is Car Paint Selling in Nigeria
A paint shop will allow you to provide car owners with the services that they need while giving yourself an opportunity to benefit from the profitable market.
As long as car enthusiasts love to maintain their cars, this business will still be in vogue with a progressive increases in investments turn over.
Is there a Market Demand for Car Paints Selling in Nigeria ?  What is the Competition and Opportunities Like
As long as people drive their cars, they will experience accidents that can damage and disfigure those vehicles. You can help to reverse the effects of accidents or age and restore vehicle exteriors to premium condition.
In Nigeria, in which the average citizen could barely afford brand new car from the manufacturer, they tends to buy the fairly used cars, take it to Auto Paint shop for repair and re painting, and this happenson a  daily basis, Hence, the demand for car paints  in Nigeria is high. There is, therefore, a market for it n Nigeria.
If you take a stroll down across your street, I can bet that hardly won’t you find a car paint shop, this is because the market for it is ever increasing. coming in newly may not be so easy.
However, with proper training, information and preparation, you can beat this competition to dust. For every given competition, there lies an opportunity to do exploits.
How to start a Car Paint Selling Business  in Nigeria
If you try to delve into the Car Paint Selling  business without adequate planning, chances are your business may not turn out as you had hoped.
Below are some crucial steps to take to start your own car paint selling business in Nigeria;

• Conduct a detailed Market Research : It is important that you familiarize yourself with the trends in the automotive industry so you will be able to identify the demands of your clients. It’s during this research that you get to know the prices these paints are been sold.
• Set up your place of business: This should consist of an office and waiting room, as well as the store room for the care and preservation of the paints. Pick a location that enjoys high visibility due to proximity to busy streets and nearer to automobile repair plants or auto paint garage. Lagos and Onitsha are of one of the best places to sight your business due to large markets these places present.
• Choose A Selling  Model:Here you could choose to either  sell all brands, or  types of car paints or to launch out as a franchise selling a particular brand. Selling all brands and types of paint will for sure cost a lot of money to startupBut if you choose to go with a franchise instead, you’d leverage on the success of an existing brand and can start getting a lot of paying clients fast.
• Source for Starting capital: To open your paint store, personal loans and credit cards are the primary source of funding for many new businesses, but may not be enough if you want to have a large paint store. Taking on a financial partner is another popular option.
• Establish a supply chain: This involve obtaining the starting inventory for your paint store. If you choose to become part of a national franchise, then the franchise itself will be the supply chain because you will buy everything from them. If you are not part of a supply chain then you will need to locate wholesalers to buy paint and painting supplies from.
• Register your business name : This entails registering to get all necessary permits with governments and local Markets association.
• Connect with Customers: Here, the local auto paint garage and a body repair shops should be your main targets as they are the first set of people that will patronize you and help you achieve your initial aims of connecting with customers.

Management
This covers staffing and advisers for Car paint selling Business  in Nigeria

1. Staffing : – Hire the staff that will work in the paint store. Cashiers and shelf stockers make up the majority of the staffing requirements. It is beneficial to also hire a manager that has experience working in a paint store, even if you want to handle a lot of the management duties yourself. Most positions in a paint store require no experience, although prior experience operating a cash register may be helpful.
2. Advisers:- advisers here include veterans, Suppliers,  Automobile Repair Consultants, and Garage Owners, They possess expert knowledge and could help you scale through much faster in this business.

Marketing
Let us now consider how to market and boost the Profitability and sustainability of Car Paint Selling Business in Nigeria.

1. Advertisement Strategies:- Below are some of the available options you might use:-

• These businesses generally have a localized market, so local advertising in the immediate area of the paint store will yield the best results. A billboard or signpost can be erected at the front of the store.
• The store should be decorated with catchy paints and auto arts to attract attentions.
• Radio advertisements typically generate the best exposure for your advertising Capital.
• You may also wish to mail something to car dealers, auto paint shops and Garage owners, and others who may be in a position to make large purchases frequently.

2. Profitability/Sustainability Tips for Car Paint Selling Business in Nigeria:-

 The sustainability and profitability of car paint store in Nigeria is a function of your marketing and advertorial strategies. But going beyond that, your relations with customers matters a lot.
Also, ensure that you have the best quality paints all times. Avoid delays in supply to your customers, be punctual to delivery and always make sure your store is fully equipped with trending paints and other tools used by the auto paint garage like the application sprayer, as well as equipment to protect the skin, eyes and lungs of the person doing the spraying.
As you go about your business, make sure you don’t sell above market price, moderate pricing ensures continuous patronage and sustainable venture.
Summary and Conclusion :
These are some important things to know when starting a car paint selling business in  Nigeria,  They do not guarantee success, but will place you on the right track.