How To Start Mobile Phone Accessories Business In Nigeria (Cost And Requirements)
How To Start Mobile Phone Accessories Business In Nigeria (Cost And Requirements). Learn How To Start Your Own Mobile Phone Accessories Business In This Post.
Have you been looking of ways to start phone accessories business in Nigeria? Do you want to know the steps to follow for you to start mobile phone business in Nigeria? Do you know much about phones and you are looking into starting this business? Then this article is for you, as we will be giving you the right steps to follow to start mobile phone accessories business in Nigeria.
Phone Accessories To Sell In Nigeria
There are some notable phone accessories that are in high demand in Nigeria and in this article, we will be listing out few of these accessories;
- Phone Cases
- Power Banks
- Phone Chargers
- Earpods
- Memory Cards
- Screen Guards (Glass)
- Bluetooth Speakers’
- Bluetooth Headset
- Smart Watches
- USB
Phone Accessories To Sell In Nigeria
1. Phone Cases
This remains a demanding phone accessory in Nigeria, as most people look to shield their phones from having body scratches, most phone users hate to see their phone naked and they look into getting colorful phone pouch.
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2. Power Banks
Power banks are very crucial and useful, due to the poor electricity in the country, it is sane to always have a power bank to back up your phone’s battery, although excessive use of this accessory can ruin your battery health.
3. Phone Chargers
Everyone needs a charger to keep their phone working perfectly. So this remains a good accessory to sell in Nigeria.
4. EarPods
Earpods are very comfortable and easy to use anywhere you are in, most people loves the comfortability pods bring, as it saves them from stress and all. This is another accessory to add to your selling cart.
5. Memory Cards
Memory cards are in high demand, saves you from having memory issues on your phone. This is another accessory to sell.
6. Screen Guards (Glass)
This is another necessary accessory and it is always on high demand, it protects the phones screen from having cracks and scratches. Every phone user must always have a screen guard shielding their phones screen.
7. Bluetooth Speakers
Bluetooth speakers are very demanding and many people love the idea of playing their favorite songs on speakers, this is another accessory you can sell in Nigeria.
8. Bluetooth Headset
This is a gadget that is in high demand too. You can play music through your headset, receive phone calls and the rest with your headset.
9. Smart Watches
There are so many smart watches that is in high demand, smart watches like Iphone watch and so on. You can look into selling these smart watches.
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10. USB
Universal Serial Bus is another accessory in high demand, helps in saving documents and even transferring files to another gadget too.
How To Start Mobile Phone Accessories Business In Nigeria
Mobile phone accessories business is a profitable business in Nigeria because a whole lot of Nigerians use phones whether android or iOS phones. Most people now use their phones to even feed their families and fend for themselves. Mobile phone business has become very lucrative in the business world of today, as many people even use their phones for their business transactions, this has made mobile phone business, a fast growing business in Nigeria. So what’s the best way to get started?
- Get Your Study Done And Have A Business Plan
- Get Capital Or Funding For Business
- You Need A Shop
- Find Reliable Suppliers
- AdvertiseYour Business
How To Start Mobile Phone Accessories Business In Nigeria (Cost And Requirements)
1. Get Your Study Done And Have A Business Plan
Starting a phone business in Nigeria is not an easy one as most people think, you cannot neglect the need to do a feasibility study and how you need to develop a business plan. Feasibility study involves you accessing the practicality of starting this phone business plan, feasibility study gives you an overview of the phone industry, identifying who your potential customers are, their kind of taste and how you can reach out to them. The need to research on this business also gives you an insight of who your competitors are and also you need to know how much funding you need to start the phone accessory business.
2. Get Capital Or Funding For Business
Every business needs a good capital to start and the phone accessory business is not excluded from this. With your feasibility study, you now have an idea of the total cost to start this business, all you now have to focus on next is how to get your capital sorted out. The phone accessory business needs enough funds to kickstart.
3. You Need A Shop
Next is the need to look out for a physical store, although getting a shop is a perfect idea but it isn’t required, as some people decide to start this business online but this type of move may not push enough traffic on time. If you’re going to use a physical store, make sure it’s in a high-traffic residence or area.
4. Find Reliable Suppliers
You need to locate reliable suppliers. The phone accessory industry is commodity based and you need to choose dependable providers because you don’t make these phones and accessories yourself. With the help of your feasibility study, you should be able to identify the right plug of suppliers to use.
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5. Advertise Your Business
Last on our list is publicity. The major reason for starting a business is to make profits right? So if you don’t publicize your business, how do you reach out to your customers? So it is very important to publicize and advertise your business. This is a crucial step in starting this phone accessory business.
Frequently Asked Questions
1. Is Selling Cell Phone Accessories Profitable?
Starting such a business can end up being quite profitable.
2. How Big Is The Phone Accessories Market?
The global mobile phone accessories market size was valued at USD 248,39 billion in 2021.
3. Who Is The Biggest Smartphone Vendor?
Apple and Samsung.
4. Why Do People Buy Phone Accessories?
It is the safety of the mobile phone devices and the safety of the users while using them.
5. How Much Is The Accessory Industry Worth?
Revenue in the Accessories market amounts to US$92.01bn in 2023.
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