How to be a Shrimp Supplier: Here’s the Full Explanation!

Shrimp is one of the cultivation commodities with a promising business potential both domestically and internationally. The high demand for shrimp creates an opportunity for those of you who are interested to be shrimp suppliers.

Shrimp suppliers play a crucial role in the shrimp distribution chain. How do you become a successful shrimp supplier? Discover the complete guide here!

Why is being a Shrimp Supplier Considered Promising?

Shrimp is highly in-demand from a variety of buyers, from households, restaurants, catering services, hotels, to supermarkets.

Considering the high demand for shrimp supply, becoming a shrimp supplier in Indonesia, one of the highest shrimp-producing countries, holds promising potential. You can be part of the shrimp supply chain without needing to have your own shrimp farm, thus the required capital is not too large.

Despite shrimp prices tending to fluctuate based on production capacity and demand, vannamei shrimp prices still offer attractive prospects and have significant profit potential.

Types of Shrimp Suppliers

Before learning how to be a shrimp supplier, you should get to know the types of shrimp suppliers. There are two types of shrimp suppliers:

1. Supplier for consumed shrimp

This is the most common type of shrimp supplier. Becoming a supplier for consumed shrimp is profitable as it is more convenient. This type of supplier can supply shrimp domestically or export them abroad.

Challenges in becoming a consumed shrimp supplier include decreases in shrimp production yields from farms, which may occur due to weather factors or diseases. Additionally, suppliers must anticipate shrimp price fluctuations or decreases in shrimp demand that may occur at any time.

2. Supplier for shrimp fry

Becoming a shrimp fry supplier is an alternative with equally promising potential. While consumed shrimp suppliers sell directly to consumers, shrimp fry suppliers sell fry to shrimp farmers. Furthermore, there is currently a high demand for high-quality fry with specialties such as disease resistance, such as SPF and SPR fry.

To be a fry supplier, you need high quality broodstock and implement proper feed and water quality management so that the broodstock may produce high quality fry. Moreover, you also need to designate a specific location for hatching shrimp.

How to be a Shrimp Supplier

After learning about the types of shrimp suppliers, here are the steps on how to become a shrimp supplier that you can follow:

1. Create a business plan

First, you need to have a business plan that aims to maximize profits. Determine strategies as well as short-term and long-term targets you want to achieve. Conduct market analysis to understand the shrimp supplier business prospects.

Then, determine technical aspects such as product management methods, marketing and distribution methods, selling prices, and promotions that should be prepared. Set competitive prices that align with the quality of your products.

2. Prepare your capital

Just like any other business, becoming a shrimp supplier requires thorough capital preparation. Calculate business capital in detail and record all necessary costs, ranging from costs to purchase shrimp from farmers, shrimp storage equipment, to distribution.

Besides capital in the form of money, you also need to broaden your knowledge about how to become a reliable shrimp supplier to ensure shrimp quality is maintained until it reaches your customers.

3. Learn from competitors

Understand the existing competition from other shrimp suppliers around you. Research who they are and learn how they market their products, set their selling prices, and promote their shrimp. The goal is not to imitate them, but to evaluate your business strategy and make improvements where necessary.

4. Form partnerships

To be a successful shrimp supplier, you need to form strong partnerships from trusted shrimp farmers. This helps you to get firsthand shrimp with a lower price.

Conduct research to get to know the shrimp farmers in your area. Visit their farms directly to check their condition and their management. Prioritize farms that already have GAP/CBIB certification as this indicates responsible cultivation.

5. Prepare a storage space

Shrimp is a perishable product, so it needs to be stored in a specific way to maintain its quality. As a shrimp supplier, you need to provide refrigeration equipment to store your shrimp and prevent them from spoiling quickly.

Furthermore, shrimp that begin to spoil should be disposed of immediately. By always selling fresh and high-quality shrimp, you can retain customers to continue buying from you.

Conclusion

Becoming a shrimp supplier is a promising business due to the high demand for shrimp domestically and internationally. The steps to become a shrimp supplier are:

1. Create a business plan
2. Prepare your capital
3. Learn from competitors
4. Form partnerships
5. Prepare a storage space

If you want to become a shrimp supplier, you can submit your shrimp prices on JALA App. JALA App’s Shrimp Price portal provides information for farmers who want to harvest and sell their shrimp. By entering shrimp prices and your contact information, you can find various farmers planning to sell their shrimp. Haven't joined the JALA App yet? Register now through app.jala.tech or the JALA App mobile application on your Android or iOS device!