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10 Things You Can Import Into Nigeria With N100,000 Naira
10 Things You Can Import Into Nigeria With N100,000 Naira
by Yasir sa'adu
What items can I import into Nigeria with N100, 000? My answer is a lot!
But I will share with you just ten popular, fast-moving goods that you can import into Nigeria within your budget.
Why I say ‘fast-moving goods’ is because these items are the most sought-after products in Nigeria.
You can purchase them from China, Dubai, India, and Europe at an affordable price. Let’s check them out.
MOBILE PHONE ACCESSORIES:
Nigerians love to pimp out their phones with the latest reigning accessories out there. The good thing is that these products are cheap to buy outside the country and import.
All you need to do is check the latest accessories out there by visiting popular e-commerce websites like alibaba.com, made-in-china.com, amazon.com, and other merchant sites.
Read the customer reviews on those e-commerce sites or on forums like Nairaland and then decide on what will sell in Nigeria.
WOMEN'S HAIR WIG & EXTENSIONS:
What can I say about this sought-after hair beauty product?
Nigerian women can’t be caught without their gorgeous human hair extensions on fleek!
So if you want to make it big, you can start small and test the waters by importing affordable but good-quality hair extensions within your budget.
FAIRLY USED CLOTHES, BAGS & SHOES
Need I say more about Nigerians’ insatiable appetite for fairly used fashion accessories imported from Cotonou and the U.S? Go to the Tejuosho market in Yaba and see with your eyes.
The second-hand fashion business (normally termed Okirika) is booming in Nigeria. So long as Nigerians value these affordable long-lasting clothing over the brand new China wears, it’s not going anywhere.
Traders import these fashion items very cheaply and sell them at a high cost. A real profitable business, isn’t it?
NEW CLOTHES, BAGS & SHOES
If you are targeting elite customers or big spenders, you can test the market by importing brand new clothes, shoes, and bags from Dubai, China, and the U.S.
FAIRLY USED TELEPHONES:
Remember London-used Blackberry phones that are being sold in Trade Fair Lagos and other big markets in Nigeria? These phones are popular amongst the Hausa forex dealers that need them for contacting their clients. You can start your phone import business with? 100,000.
JEWELRY:
The Jewelry industry is huge in Nigeria and the ladies love to show off their newly bought earrings at parties or at work. Visit Trade Fair in Lagos and see the number of jewelry being sold wholesale or retail. You can start by importing affordable beads, G.L earrings, and necklaces to sell.
COMPUTER PARTS
Computer Village in Ikeja is a testimony to the fact that the computer parts business is profitable. But before you rush off to import, you need to do your research and analyze the cost of purchase, sales, and the profits fore importing.
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FABRICS
The reason why the textile business is so popular is that Nigerians are proud socialites and unapologetic fashionable people. Visit the popular Balogun market in Lagos and see the billion-naira business on display. Nigerians love dressing uniformly when attending parties, funerals, or weddings. So if you want to attract their wallet and make a profit, start importing attractive Ankara fabrics and make your profits.
NEW TELEPHONES
New China phones are selling like hot cakes, especially if your target market is the low-end buyers who can afford between N2,500 to N5,000 naira phones.
NEW BEDDINGS.
Who doesn’t need a comfy bed sheet to sleep in at night? In a country that has over 170 million people, the market is large enough to import more bedspreads.
There you have it. Think like a smart importer and grow rich this year!.