Transform Your Business with OCC Waste Paper | #business
Summary
TLDRThe video script discusses a lucrative product, 'OCC West Paper', which is a high-grade, durable, and fiber-rich paper used primarily for recycling into new corrugated boxes. The presenter explores its unlimited market demand and various industries where it's utilized, including packaging for food, pharmaceuticals, and electronics. They highlight the product's environmental benefits, resource conservation, and energy efficiency. The script also covers practical training for import-export business, targeting potential buyers, and negotiating for profit margins, suggesting a minimum of 20-30% profit per container, with the potential for market fluctuations.
Takeaways
- 📦 The product discussed is 'OCC West Paper', which is a type of high-grade, durable paper used in recycling for making new core board boxes.
- 🌏 It is in high demand globally, with unlimited market potential, making it a profitable business opportunity for import and export.
- 💰 The speaker offers practical training for import-export business, with sessions in Delhi, Mumbai, and Kolkata, and online options available.
- 🔍 The training covers product selection, including how to start a trade with minimal investment ranging from 25,000 to 1,00,000.
- 📈 The script emphasizes the unlimited market for OCC West Paper due to its use in various industries such as packaging, food industry, pharmaceuticals, and more.
- ♻️ The product is eco-friendly, contributing to environmental protection by recycling and saving natural resources.
- 🌱 It is used in agriculture to improve soil structure and retain moisture, showing its application beyond industrial use.
- 📊 The speaker mentions top importing countries, including China, India, Vietnam, Indonesia, South Korea, Thailand, Mexico, Taiwan, Turkey, and Germany.
- 💹 The price of OCC West Paper fluctuates daily based on supply and demand, and negotiation with suppliers is crucial to secure a good margin.
- 🚢 The speaker suggests a minimum profit margin of 20 to 30 percent per container, with the potential for higher profits in a volatile market.
- 📝 The script provides insights into the import duty, logistics, and shipping costs associated with the trade of OCC West Paper.
Q & A
What is the product being discussed in the script?
-The product discussed in the script is OCC West Paper, which is a type of high-grade waste paper used in recycling for manufacturing new corrugated boxes.
What are the advantages of using OCC West Paper?
-OCC West Paper is advantageous due to its durability, good thickness, and the presence of fibers that make it ideal for recycling into new cardboard products.
What is the primary use of OCC West Paper in the recycling industry?
-The primary use of OCC West Paper in the recycling industry is to manufacture new corrugated boxes, as it is a cost-effective and environmentally friendly alternative to using new paper materials.
What kind of practical training does the script mention for import-export business?
-The script mentions practical training for import-export business that is conducted both online and offline in cities like Delhi, Mumbai, and Kolkata, covering product selection and other aspects of the trade.
What is the minimum investment mentioned for starting this trade?
-The minimum investment mentioned for starting this trade is between 25,000 to 100,000, which is considered low for starting such a business.
What are the industries where OCC West Paper is used besides recycling?
-Besides recycling, OCC West Paper is used in various industries such as packaging for food, pharmaceuticals, electronics, and in the production of paper products like craft paper and newsprint.
How does the use of OCC West Paper contribute to environmental protection?
-The use of OCC West Paper contributes to environmental protection by reducing the need for cutting down trees for new paper production, thus conserving natural resources and reducing waste.
What are the economic benefits of the OCC West Paper trade?
-The economic benefits of the OCC West Paper trade include job creation in the market, as well as providing cost savings and efficiency improvements in manufacturing units that use recycled paper.
Which countries are mentioned as major importers of OCC West Paper?
-The countries mentioned as major importers of OCC West Paper include China, India, Vietnam, Indonesia, South Korea, Thailand, Mexico, Taiwan, Turkey, and Germany.
How does the script suggest one should approach the negotiation for better prices in this trade?
-The script suggests that one should negotiate with suppliers to get the best possible price, keeping in mind the market volatility and aiming for a minimum margin of 20 to 30 percent per container.
What is the average import duty mentioned for OCC West Paper?
-The average import duty mentioned for OCC West Paper is between 15 to 20 percent, although this can vary and should be calculated into the overall cost of the product.
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