Transform Your Business with OCC Waste Paper | #business

Careerguru Export Experts Global

22 Jul 202415:52

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.

Outlines

00:00

📦 Introduction to OCC West Paper for Business Growth

The first paragraph introduces a business product, OCC West Paper, which promises high profit margins and continuous business operation for 12 months due to its unlimited demand. The product is described as a high-grade, durable cardboard used in recycling for manufacturing new corrugated boxes. The speaker offers practical training for import-export business in various cities and assures step-by-step guidance on product selection, targeting buyers, and understanding the market. The training is available both offline and online, and the speaker encourages starting the trade with a small investment.

05:01

🌐 Versatile Applications and Market Potential of OCC West Paper

This paragraph delves into the various industries where OCC West Paper is utilized, including recycling, packaging for food, electronics, pharmaceuticals, and special consumer goods. The paper's use in creating corrugated boxes, cartons, and packaging for a wide range of products is highlighted, emphasizing its unlimited market potential. The paragraph also touches on the environmental benefits of using recycled paper, energy efficiency in manufacturing, and the economic value created by the market for recycled paper products.

10:03

🌏 Top Importing Countries and Market Dynamics of OCC West Paper

The third paragraph discusses the countries that are major importers of OCC West Paper, such as China, India, Vietnam, Indonesia, South Korea, Thailand, Mexico, Taiwan, Turkey, and Germany. It mentions the fluctuating prices of the paper, which depend on supply and demand, and advises on the importance of negotiation with suppliers to secure the best prices. The speaker also provides insights into the potential profit margins, suggesting a minimum of 20-30% per container, with the possibility of higher profits depending on market volatility.

15:37

📈 Investment and Profit Considerations in OCC West Paper Trade

The final paragraph focuses on the investment required for trading OCC West Paper, estimating an approximate cost of 5 to 10 lakhs for a full container. It outlines the steps to understand the costs, including import duties, logistics, and the potential for profit. The speaker emphasizes the importance of calculating the average profit and being aware of market competition. They also suggest starting with a practical training course for import-export business to gain comprehensive knowledge and skills.

Mindmap

Keywords

💡OCC West Paper

OCC West Paper refers to Old Corrugated Cardboard (OCC) that is primarily used for recycling purposes. It is a high-grade waste paper that is in high demand for manufacturing new corrugated cardboard boxes. In the video, it is mentioned as a product with unlimited demand and significant profit margins, highlighting its importance in the recycling and packaging industries.

💡Recycling

Recycling is the process of converting waste materials into reusable materials and objects. The video emphasizes the role of OCC West Paper in recycling, where it is repurposed to create new cardboard boxes, thus reducing the need for raw materials and promoting environmental sustainability.

💡Profit Margin

Profit margin is the measure of profitability of a business or product, calculated by the profit divided by revenue. The script discusses the potential high profit margins associated with the OCC West Paper trade, suggesting it as a lucrative business opportunity with a significant return on investment.

💡Import and Export Business

Import and export business involves the buying and selling of goods and services across international borders. The video script provides insights into starting an import-export business with OCC West Paper, including practical training and the potential for low investment and high returns.

💡Corrugated Boxes

Corrugated boxes are a type of container made of corrugated fiberboard used for packaging and shipping. The video mentions that OCC West Paper is extensively used in the production of new corrugated boxes, indicating its relevance in the packaging industry.

💡Durability

Durability refers to the ability of a material to withstand wear, pressure, or damage over time. The script highlights the durability of OCC West Paper, which is an important characteristic for its use in creating long-lasting packaging materials.

💡Market Demand

Market demand is the quantity of a product or service that consumers are willing and able to purchase at a given price. The video emphasizes the unlimited market demand for OCC West Paper, indicating its consistent and high consumer demand in various industries.

💡Eco-friendly Packaging

Eco-friendly packaging refers to packaging materials that have a reduced environmental impact through their production, use, and disposal. The script mentions the use of OCC West Paper in eco-friendly packaging, underscoring its role in promoting sustainability.

💡Pulp and Paper Industry

The pulp and paper industry is involved in the production of paper from wood, fiber, or rags. The video discusses the use of OCC West Paper in the pulp and paper industry for creating various paper products, demonstrating its versatility and importance in this sector.

💡Agricultural Use

Agricultural use refers to the application of materials in farming and gardening to improve soil structure and retain moisture. The script mentions the use of OCC West Paper in agriculture to enhance soil structure and retain moisture, showing its multi-sector utility.

💡Economic Value

Economic value is the worth of a good or service in monetary terms, reflecting its importance to the economy. The video script discusses the economic value of OCC West Paper, suggesting that its trade contributes to job creation and economic activity in the recycling and manufacturing sectors.

Highlights

OCC waste paper is a highly profitable product with a year-round demand.

OCC stands for Old Corrugated Container, primarily used in recycling.

This high-grade waste paper is durable with significant fiber content, making it valuable for recycling industries.

Practical training for import-export business is offered both offline and online in major cities like Delhi, Mumbai, and Kolkata.

The primary use of OCC waste paper is in manufacturing new corrugated boxes, reducing costs significantly.

OCC waste paper is crucial for various industries including paper products, packaging, and consumer goods.

The recycling of OCC waste paper helps in energy saving and cost reduction for manufacturing units.

OCC waste paper is also used in eco-friendly packaging, contributing to environmental protection.

Countries like China, India, Vietnam, Indonesia, and others are major importers of OCC waste paper.

The price of OCC waste paper fluctuates based on supply and demand, ranging from ₹20 to ₹40 per kg.

Profit margins for trading OCC waste paper can be between 20% to 30% per container, sometimes reaching up to 50% to 60%.

Import duties and logistic costs should be carefully calculated before importing OCC waste paper.

Top exporting countries for OCC waste paper include the USA, Germany, UK, Japan, and others.

Investment required for starting an OCC waste paper trading business is approximately ₹5 to ₹10 lakh per container.

Import-export business training includes product selection, documentation, and buyer-supplier targeting.