Ever since the introduction of mobile phones in Nigeria in 2001, the industry has become a sprouting ground for cash for business-minded people. There are products and services that people offer in the space and make good profits.
There are more than 180 million active mobile phone users in Nigeria. The mobile telecommunication network has created new jobs and businesses for people—the jobs and businesses that were non-existent years ago. Thanks to innovation, a leveller of opportunity.
Selling mobile phone accessories is one of the available business opportunities in the space. Mobile phone users need one or more accessories for their phones.
It is rare to see a smartphone user who doesn’t install a glass screen cover on his/her phone to protect the screen against damage.
Phone users use a charger to power their phone battery; a power bank to charge when there is a power outage; earphones to listen to music; amongst others. As they say, entrepreneurs should think in numbers, imagine how much you can if you are able to sell accessories to just 1% of the mobile phone users in Nigeria. That’s a lot of money!
One of the secrets of success in this kind of business is being able to source good products at reasonable prices to sell to your customers. As you know that it’s bad for businesses to sell at the same price you buy.
In order to stay in business and consistently record profits, you must ensure that your products are sourced from the right means.
In this blog post, I will be writing about two big markets in Lagos, Nigeria, where you can buy mobile phone accessories at wholesale prices and make money selling them to your customers.
Now, let’s go:
COMPUTER VILLAGE, IKEJA:
Apart from Lagos being the commercial capital of Nigeria, it also houses some of the biggest and busiest markets in West Africa where daily economic activities take place.
Computer Village is the biggest computer and phone market in the whole of West Africa. It is located in Ikeja, Lagos. It can be easily located by anybody who wants to do one thing or the other there.
People come from different parts of the country and continent to trade in the market on a daily basis. You will find Ivorians, Togolese, and Ghanaians in the market buying computer and phone accessories, and parts to resell in their home countries.
It is a market where you can buy any phone accessory at wholesale price and sell to your customers and make money in Nigeria.
However, it’s advisable to buy from wholesalers who have a good reputation for selling products of good quality and have been in business for years—they put a better rate on their products.
Computer Village is not a well-organized market where you can easily locate accessories sellers and it is somehow tricky for first-timers to navigate.
If you are visiting the market for the first time, engage someone who knows the market to guide you—so that you won’t fall prey to scammers whose daily assignment is to steal from newcomers in the market.
If you really want to do a phone accessories business in Nigeria and buy from Computer Village, Ikeja, navigation of the market is a skill to hone. Like other skills, you get better at it with practice.
ALABA INTERNATIONAL MARKET, OJO:
Alaba International is another market where you can buy your accessories to resell and make a good profit.
Unarguably, Alaba Market is the biggest electronics market in West Africa. A market started by 13 young men more than 30 years ago is a hub of electronics commerce today.
Like Computer Village, navigating through Alaba Market requires experience that a first-timer may not have. It’s better to follow someone or a trader who goes to the market to buy his goods regularly—this will save you from falling prey to manipulators who dupe people of their hard-earned money for a living.
You can buy phone accessories at Alaba at ridiculously cheap prices, however, you have to look well else, you go home with fake or non-working stuff. There are traders who have a reputation for selling goods of good quality in the market. It just requires experience and skills to spot them.
The dealers of phone accessories can be found at Obosi and New Age Plaza. The plazas are on your left-hand side when you’re coming into the market from the Expressway.
Better still, try and locate the FCMB branch, you will find the plazas after the bank. Also, they say: that s/he who knows how to ask for directions will never get lost. Ask people in the market that you are going to a particular plaza and they will willingly describe and show you the way there.
I can also guide you on how to execute the phone accessories business for a fee. I will take you to the market, buy products together with you, and show you how to spot fake products from original ones.
I will reveal success secrets in this line of business to you. And you can always reach out to me when you need any assistance.
Buying from Alaba Market presents you with a myriad of opportunities like being able to buy other items you may need or want to resell at wholesale price.
In conclusion, there are other markets where you can buy phone accessories at wholesale prices in Nigeria, but knowing your way around these two markets will contribute immensely to the profitability of your business.
Now to you…
What do you think about these two markets? What is your experience buying one thing or the other from there? Please, air your opinion by making use of the comment tab below. I can’t wait to read your words.
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