A lot of people say that if they knew what exactly to sell or buy, they would have no problem running a successful business. If you are one of them, then today is your lucky day. There are certain types of goods, which we use almost every day or need to buy from time to time. Everybody wants to have them. However, these goods cannot last long, therefore they become fast selling products. The prices of these products can be both high and low, but only one fact about them does not change - high demand. Let’s take a look at high demand products in Nigeria.
Fast selling and consumable goods do not last long. People tend to buy them for a period of no more than 6 months and afterwards, need to buy a brand new product. Some of them, such as water or food are in demand every single day. This makes them the perfect goods for buying and selling, as people would always need them. There are also some products that are durable. Usually, these are electrical appliances or some material for houses. People can use them for quite a long time, regardless, due to a number of reasons, even durable products, at least, should be replaced.
So get ready for some useful information in the list given below. If you want to start your own business, you definitely need to take a look at these top 15 high demand products in Nigeria. Also, if you do not want to be involved in the distribution of these products, you can start your own production process. Both distribution and production of these products will bring some good money to you. These products have big potential on the Nigerian market and is in high demand among most people.
Top 15 in high demand products in Nigeria
1. Information
It is no surprise that information is on top of the high-demand products list. You read this article only because it is written down and posted. So this is information as well. People in every country need different types of information: news, articles about health, celebrities and blogs. Nowadays, blogging and vlogging have become very popular activities for those, who do not only want to connect with other people from all around the world but also earn money as well. Do you think that you have some information that other people will find interesting, then share it! Make a website, blog, online platform and sell it to make some good money.
2. Water
Of course, there is nothing in the world more precious than water. You can survive without food or sweets, but there is no way you can live without water. We need it clean and available all the time. So if you start a business connected with delivering or providing water to your neighbourhood or surrounding locations, then there is no doubt that your business will be a very profitable. Also, you can supply schools, universities with special cooling machines, which can provide hot and cold water.. Any business ideas connected with water will be accepted by most people as water is the number one priority in every person’s life.
3. Food
Who does not like to enjoy a delicious and nourishing meal? Of course, food is important for every person in any country. Selling food and making food is a very profitable business. The food you want to sell could be raw, cooked or processed. You can open your own little café or be a chef in the street food business.
Food business may vary from fried corn and fried meat sold on the streets to the luxurious and marvelous cuisine of Nigeria served in restaurants. If you decide not to cook, but to sell food, then you can distribute it or have a wholesale business. If you want to distribute food products, a local small store with plenty of snacks and goods will be a good solution. Also, you can do a delivery of food to people's home. If distribution does not seem to be serious enough, then wholesale will work better. The food business is in one of the most profitable businesses in Nigeria.
4. Detergents and toiletries
Moving on to the most important things in our daily life, soap and other toiletries take the second place after water and food. It is the basic need of every person to maintain a clean body and look tidy. Different types of soap with natural ingredients are very popular in Nigeria.
You can also make some money if you decide to sell bath toiletries, such as shampoo, conditioner, lotions, and others. It's not only your body that should be cleaned and washed regularly, but clothes and utensils as well. Detergents are used to do our laundry: washing dirty clothes, bed sheets, and utensils. As you can see, maintaining hygiene is very important, therefore all these products are fast selling goods and are in high demand for sure.
5. Clothing and shoes
The favorite activity for a lot of women is shopping. Necessary things for men are cloth and shoes. Women use clothes as a way to express themselves. For this reason, there are so many different styles of clothes. In Nigeria, you can find anything: from Ankara pattern clothes to beautiful lace fabrics.
You can start a business to sell clothes or sell fabric to designers and retailers. It is up to you to decide. Shoes are also in demand, as there is a lack of them in Nigeria. You can import some shoes from China or other countries. Regardless of what your choose, clothing and shoes are “must-have” for both man and women, so choosing this kind of business will not let you down.
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6. Cosmetics
After buying clothes, you start to think of your favorite perfume or lipstick? Yes, it is no surprise that cosmetic and beauty business is a way too profitable business to skip. It is estimated that 9 out of 10 girls, at least once in their life use cosmetics. Of course, Nigerian women are young and beautiful. But it is always good to highlight that natural beauty. Usually, women would not even walk out the house without having any makeup on. However, there are also some girls or women who prefer to keep the natural look. In both cases, cosmetic is still necessary.
You can sell cosmetics for cleaning and moisturizing face and body or cosmetics and grooming products, which will make any women look amazing, such as lipstick, mascara, powder and others. Women use cosmetics daily, no matter how hot or cold it is outside or whether they are in a good or bad mood. In any case, there should be at least a lipstick in every woman’s bag. Pick up cosmetics from reputable brands, preferably Mary Kay, Elf, Black Opal and women will line up to buy it from you. This business is worth considering because as long as women exist, cosmetics and grooming products will always be in a high demand.
7. Hair extensions
A lot was said about cosmetics, but what about some cool things for hair? Nigerian women love to experiment with their hair. It can be short and straight, it can be long and curly or made up in cute Ghana braids. But the latest trend in the hair industry is hair extensions. Most Nigerian women want to have it. Nigerian ladies are willing to spend a lot of money on them because they make them stand out of the crowd. Hair extensions and synthetic hair vary and come in different styles. So do not hesitate and give this business a try!
8. Power bank energy
Now let’s move on to more serious goods and take a look at a small-sized, but a very powerful product. Lately, power banks have been in high demand everywhere in the world. If your phone is out of battery and your battery literally dies, you would need this little helper for emergency situations. It charges phone’s battery and extends battery life for 7-8 hours. It is perfect for use at work, in school, on the road and in general anywhere, if your battery is dead. They come in different capacities and very often have portable, convenient size.
As you can see, it is very useful and you will definitely will find your customer. Many people in Nigeria, especially the youth, are looking for an alternative source of power to charge their mobile phones. To do this kind of business, you do not need to produce power banks, ordering from Aliexpress or Alibaba can be a solution. After you receive them, just resell to locals who need them.
9. Gas for cooking
As we know, in Nigeria the most popular source of energy for cooking meals is kerosene. But it has a lot of drawbacks, such as leaving a black stain on utensils and polluting the environment. So lately, more and more Nigerians are choosing cooking gas over kerosene, therefore it has become so popular. Taking into account the bad situation with electricity supply in the country, cooking gas is considered to be more economical than kerosene. People look for a cheap and fast ways to cook their meals, and gas absolutely satisfies their demand. Cooking gas has plenty of advantages, such as producing no smoke, keeping utensils clean after cooking meals and it does not pollute the environment.
10. Floor tiles
Floor tiles are very popular in Nigeria. Most people want to have floor tiles in their houses. The most popular kinds of floor tiles are very durable and warm, plus, it comes in different designs and patterns. So if you want to have a comfortable, yet stylish floor – choose floor tiles! In the past, Nigerian preferred to have cement floors, but having floor tiles now are way better. Since it is so popular, people are willing to change their cement floors to tiled floors.
11. Computer & accessories
These days, not much can be done without a computer. Nigerians and people around the world use it for work, studies, and for communication. Therefore, order some laptops or computers from the Internet store and sell it on the spot. You can buy and sell or you can repair it as well.
Regarding accessories, you can sell everything: memory cards, flash drives, headphones, WIFI modems or routers, cell phone screens, hard drives and more. These accessories are necessary for almost anyone who has a computer or phone. People will always be interested in phones and electronic gadgets, therefore these accessories will always be in high demand.
12. Generators
Due to some problems with electricity supply in the country, generators are in high demand these days. It is annoying when you are watching a TV show and suddenly the electricity get cut off. For this situation, people need to have their own source of power. Generators are not only for rich families, poor people also buy it and couple families can share it. Until the situation gets better and the supply system improves, people would still buy this alternative source of energy.
13. Building materials
A house or factory cannot be built without any building material. That is why building material is always needed for construction. These days, more new buildings are built and more people want to build a house of their own. In big cities, such as Lagos, building materials are in high demand. You can sell or deliver blocks, cement, iron rods, aluminum roofs, shovels, head pans etc, are currently hot commodities in the Nigeria market.
14. Tracker of car
In Nigeria, there still exists a problem of car hijacking. Everything connected with car security now concerns every Nigerian. The increase of hijacking has made Nigerians care more about security and buy car tracker. It is one of the latest technological inventions, which helps you keep track of your car. So if you see that it is not very safe in the town where you live, you may not only make some money selling car trackers to people but help them secure their car as well.
15. Books and magazines
A book is the most precious thing in the world. These days, Nigerians tend to read more than before and this is a great reason to write a book or maybe distribute the ones bought online. You can also search for them on Aliexpress or Taobao, and after that just sell them off at a market or nearby school.
So there you go. These are top 15 of the most highly demanded products in Nigeria. Pick one or a couple of products, which you like and start to plan your business today. One more suggestion is to research the local situation on the market and find out which product has the highest price now. This way, you can lower the price a bit and attract more customers. Do not hesitate to give it a try, your dream life is waiting for you.
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