Trending Now

How To Get Started And Make Money In Egg Business


A regular egg consists of a yolk, albumen and shell which is packed with calcium, vitamins and proteins that make it a major food consumed by humans. The eggs produced by poultry birds are the most common eggs found, sold and eaten in Nigeria, thereby making egg business one of the most profitable and viable businesses to take up in Nigeria.


You can get these eggs from poultry farms, distributors/wholesalers, retail shops/food stores, malls and supermarkets.
Eggs are widely bought and consumed because:
1. It is an accompaniment to other food: Eggs are used in preparation or in addition to other foods, whether fried, boiled, raw or mashed. Such Foods include Plantain (Fried or boiled), Egg stew, Rice, bread, yam (Boiled and fried), noodles and many others. Eggs can also be eaten on their own, boiled, fried or even in raw form to give different results.
2. It is used for baking purposes: Cakes, pastries, breads require eggs as part of their ingredients; also raw egg is used to glaze pastries (meat pies) before baking. 
3. It is used as a binding agent: Eggs are used as binding agent to hold mashed meat, bread crumbs, flour, fish together.
4. It is used as part of health and beauty regimen:  Raw eggs are used to make facial masks to restore skin suppleness, some people also apply it to wounds to form a protective covering and prevent germs. Quail eggs have been confirmed to reduce diseases and prolong healthy life in humans. 
5. It is the best and readily available source of protein: Protein rich foods such as beans, meat, fish are becoming more expensive, consumers, therefore resort to eating eggs as alternative source of protein. Egg prices have been relatively stable; the price increase is not steep unlike other protein food products.
6. It has high yield: A crate of egg is between #1000 to #1200, depending on the egg size and supplier costs. Individual eggs are sold for #35 each and sometimes #40, approximately on each crate there is average profit of #200/#400, the more the eggs sold, the better the yield. If a minimum of 10 crates are sold per day, multiply the profits and see the total in a week. The good thing is, you can improve your output and sell more.
7. The business can be easily expanded: Egg production can be increased by acquiring more birds and running expenses reduced, or eggs sold increased by sourcing from other suppliers. Depending on how hard one is ready to work on the business, egg business in Nigeria has a huge growth potential. 
8. Reduced losses: Though eggs has low shelf life, but when kept in the fridge, they last longer, even weeks. Also there is demand for broken eggs, used by bakers and those who use eggs to fry for commercial purpose, so a broken egg is not loss and doesn’t have to be thrown away but sold at a lower price.
9. Commercially viable: Eggs are sold for other commercial purpose different from food or beauty uses. Egg shells are used in decorating projects, Easter bunny preparations and other Aesthetic purposes. Even some rare eggs like Ostrich’s are sold or auctioned to collectors, museums and art lovers. 
Now that you know why a lot of people buy and consume eggs, you should also know that there are different types of eggs in the market and they all have their market value.


Here are the most profitable eggs to get involved in:
1. Chicken eggs
2. Guinea fowl eggs
3. Quail eggs
4. Turkey eggs
You know what kind of eggs to invest in that would yield better profits, do you think egg business is something you can handle?
If yes, let’s get started on how to make money with poultry or egg business in Nigeria.


To get started, you need to be aware of some things about getting into the business. Here are some stuffs to arm yourself with:
1. First determine the role you will like to play; will you like to raise eggs, have an egg-production farm or be a wholesaler/distributor or just want to be the delivery man (that is act like a courier service, the end user makes transaction with the egg supplier and your duty is just to deliver the eggs to their destination). Know yourself and what you are capable of before going into the egg business. To make a good decision, ask yourself the following questions:
Is egg business for you? Are you in the business for long-term or short -term? Will you have the patience and determination needed to succeed? Are you cut out for farming or marketing?
2. Acquire the right knowledge, training, and exposure: Research on available or previous egg business ventures, their challenges, risks and success. How can you leverage on their strengths? How much capital, space and tools is needed? With such information, you are almost there.
3. Get the capital: Source for the funds to start, preferably from savings or friends/family donation, grants (very important and can be gotten from bank of industry and other organizations) or if the suppliers trust you, they can let you start taking eggs and paying after sales. Capital needed may not be much depending on how small/big you want to start. To arrive at the amount, meet the supplier and know how much they would sell to you as a wholesaler, from there you can know how much to invest in it.
4. Operational requirements: Space to operate from and store the eggs, farmland, transport vehicles, egg crates, complimentary cards. All these are things you need for successful and hitch free running of the business.
5. Have a business and marketing plan: How much are you giving yourself to turn a tidy profit? Who are your potential customers and where will you be taking the eggs to? Do you have a backup plan, an alternative plan just in case?  Eggs have limited shelf life, so you must make effort to have fresh eggs and sell them off as soon as possible, at least within a week.
6. Set a standard: Source your eggs from reliable farms or wholesalers, know what your customers want, big or small eggs, white or brown eggs, whole or broken eggs? Do not trade small eggs as big eggs or you will lose integrity. Also do not sell rotten eggs. Some stores have specifications of the kind of eggs they would like, if you are targeting those stores. Try to meet their standards.
7. Engage with your customers: Get feedbacks, reviews and responses from your customers to know your strengths, weaknesses and which areas need improvement. Have a good customer interaction with them to be able to keep them coming back. Customers go after egg suppliers with better service and who can meet their expectation. So make sure you aim is meeting that.
8. Be timely in your delivery: Avoid disappointing your customers, have several but reliable options. Eggs can be sourced from farms in your area or around. Just be sure to get from people who give fresh ones.


With the knowledge of what is involved in the business, I think you should know who your potential customers are so that you know who to target in your marketing plan. You can always meet these people beforehand and let them know you have such for sale and you can deliver. A lot of them would respond positively. Your target customers include:
1.    Stores, supermarkets and even malls, 
2.    Market women (dealers in baking ingredients and food).
3.    Caterers and food vendors.
4.    Restaurants, food canteens, hotels and offices.
5.    Street shops.
6.    Roadside noodles/bread sellers (they are like the  current highest buyers of eggs). 
7.    Other farms/wholesalers from other regions/states. 
With all these in mind, I believe you can begin a successful egg business in no time. Go ahead now and get a business plan ready to guide you (or even to get a grant) and you are well on your way to making it in the business.

If you have any question or comment about this, use the comment box below.

4 comments:

  1. Woah! I'm definitely drafting a business plan around this!

    ReplyDelete
    Replies
    1. That would be great. Do let me know if you need any help!

      Delete
  2. Thanks for the resource Rosy. I bet this would a good by idea around my side.

    ReplyDelete
    Replies
    1. You're welcome. Please don't hesitate to work with it!

      Delete

Why not share your thoughts about this post here......