Good Day

I am writing this letter in other to inform you of a business that will benefit both of us immensely as long as you will make up your mind to co-operate accordingly but before going into details, I want you to take note that this business is not a child's play or something to toy with rather it is a business that will give us the opportunity to make lots of money.

I have been unjustly treated by my partner in a transaction so, I seek your help, attention and genuine co-operation to our mutual benefit and I believe that you will not let down the trust and confidence I am about to repose on you. I have been working in an import and export firm that pays me about two hundred dollars per month for the past ten years. I worked with this company as the product sourcing manager.

Between the 17th - 19th of Feb., 2014 a seminar was held in Bouake, Cote d'Ivoire of which I attended.

While in the Seminar, I was opportune to meet one Alhadji who introduced himself to me as the president and CEO of his company. This Alhaji is an accomplished and well known millionaire farmer in this region. Apart from his farms here in Abidjan, he has cattle farms in MALI, SENEGAL, GUINEA, BURKINA FASO and CHAD. Above all, he is one of the greatest suppliers of cattle, beef and other dairy products in this part of the West Coast. On knowing my profession, he took me into confidence by informing me about the purchase of a particular but very rare medicine for his cattle. He informed me about the huge amount of money he spends purchasing a particular cattle medicine. Precisely, he pays US$2,000 per carton. He asked if my organization can source for a cheaper supplier for him.

Back in my office, I carried out a market research and discovered that we could purchase this medicine cheaper somewhere in Europe for US$575.00 per carton. I discussed this proposal with my boss and he decided to handle the supply by himself. We moved a proposal to the Alhaji to supply him with this vaccine at US$1,500.00 per carton which he accepted. My company made a very big financial breakthrough when we started supplying this vaccine to this wealthy farmer. As these supplies progressed my boss made huge profit from the contract.I requested for an increase in my salary and my commission but my boss was so upset at my request that he sacked me without benefits after ten years of dedicated service thereby reneged on our agreement.

I have since accepted it as one of life experiences. I was so desperate that I went to Alhaji and informed him that I have a foreign contact that will be willing to supply him this same product at US$1,250. per carton. Alhaji in turn, confided in me that he is about to place order for 3500 cartons of this same medicine following a suspected outbreak of disease in his farms.I assured Alhaji that my foreign contact will be in the position to manufacture and supply to him this vaccine at a company rate of US$1,250 per carton. In fact, I convinced Alhaji that my former boss usually buys the medicine from my foreign contact
and that is why he sells to him at a higher price.

Right now, he has stopped all communications with my boss.

I therefore wish to present you as my foreign contact so that you can handle the supplies to the Alhaji.
If you can handle the contract, kindly contact me immediately for details and negotiations on what is going to be my commission. We will get the medicine from the producers at US$575 and supply the Alhaji at US$1250 per carton of 12 bottles(500ml).


Anticipating your response at the earliest.

Sincerely Yours,

Eng Emmanuel

Dear Eng,

Thank you for your inquiry. As an experienced import and export broker, you've come to the right place.

Let me make sure I understand your proposal correctly.

You want to import 3500 cartons of cattle vaccine at US$575 per, and resell them to a single buyer, Alhaji, at US$1250 per.

That would be a gross profit of US$2,362,500, and you would need to have US$2,012,500 initial capital on hand to invest in the initial purchase of the vaccines. Then, factoring in tariffs and shipping between the European supplier and western Africa, we're talking a net profit of slightly less than US$2 million. So, we're talking a more than $2million investment for a less than $2million profit. Depending on how long the transaction will take, we also lose the interest on the $2million investment. Then, on top of that, you're asking me what your commission would be.

I get that for someone who has been making only $200 a month for the last ten years, these figures seem to be quite large, but unfortunately a transaction that small is hardly worth my time.

Are you sure we can't do something bigger? I'd be interested if you can find additional buyers. We shouldn't consider any deal that's not worth less than US$25million.

Let me know what you think.


(Photo by Charl Durand on Unsplash)