It’s amazing how smartphones and tablets have taken over the world market in recent years, with the proliferation of different models and brands in the everyday.
With the increasing competition from smartphone brands, it has become very difficult to get business off the ground considering the huge amount you’ll need to start up, but you can still get there if you know the tricks of the trade.
Starting a phone accessories business in Nigeria should not be a daunting venture. Although it can be tricky in the beginning because you will have to fight your way through all the noise on online platforms
Some tips for success
The phone accessories business is a great way to make money by selling phone cases, chargers, and other accessories.
To start this business, you’ll need to find a good supplier who can provide you with quality phone accessories at wholesale prices.
You’ll also need to create a catchy name and branding for your business, and build up a good reputation by providing excellent customer service.
If you’re looking for a low-risk business that will allow you to work from home, then starting an online shop could be the perfect option for you.
Your customers will be able to browse through your store’s inventory and order their favorite items without ever having to leave their homes.
In that case having a small website store could be your next thing you’re looking for
Things You Need Before Starting A Phone Accessories Business
Before starting a phone accessories business, you need to have a clear understanding of the market, your target audience, what products are in demand, and what you can realistically supply.
You’ll also need to create a budget and determine how you’ll finance your inventory.
It’s important to have a solid marketing plan in place to make sure your business gets off to a successful start.
Here are some tips for promoting your new mobile accessories business:
Mouth to mouth will be the best approach for a local phone accessories shop. Have good approach and win customers each day
If you want to go global, you can invest in building up a strong online presence with an attractive website or social media profile. Promote your site on sites like Yelp, Facebook, and Twitter.
Advertise through Google Adwords or Bing Ads by targeting specific keywords related to your industry.
Consider investing in search engine optimization services that will help boost organic traffic from search engines like Google.
Don’t be afraid to speak at trade shows, conferences, and other events where you can meet prospective customers face-to-face.
For example, if you’re an expert in Bluetooth earbuds or headphones then join the Wireless Headset Association (WHA) and attend their events.
Basic Steps To Start Your Own Phone Accessories Business In Nigeria
1. Choose your what you want to sell. What type of phone accessories do you want to sell? cases? chargers? headphones?
2. Find a supplier. You’ll need to find a reliable source for your products.
3. Create a website or online store. This is where you’ll sell your products to customers.
4. Promote your business. Spread the word about your new business through social media, online ads, and other marketing channels.
5. After promoting your site, start getting orders. Then package and ship your items to customers.
6. If you’re running an e-commerce site, consider using a payment gateway so that shoppers can buy with confidence on your site.
How To Make Money From Phones Accessories Business In Nigeria
The mobile phone accessories market is growing in Nigeria. With the right products and a little bit of marketing, you can start making money from this business.
Here are a few tips to get you started
Learn about your customers and their needs.
Find out what’s available in the market
Identify gaps that need to be filled.
Find a supplier for your product and decide on a price range.
Set up an online store or physical store
Create an online presence by setting up social media accounts.
How Much Money Do Mobile Accessories Make?
In Nigeria, the mobile accessories market is expected to grow from ₦32.6 billion in 2019 to ₦46.8 billion by 2024, at a compound annual growth rate (CAGR) of 8.8%.
The growing penetration of smartphones and the increasing disposable income are the major drivers of the market.
Nigeria’s economy has been on an upward trajectory since 2017, with the country being named one of the fastest-growing economies globally as well as having one of the highest GDPs per capita in Africa.
This will likely have an impact on consumers’ willingness to spend on their gadgets and these figures would show that it is already happening!
What Is The Target Market For Mobile Phone Accessories?
The target market for mobile phone accessories is anyone who owns a cell phone.
This includes a wide range of people from all walks of life, making it a potentially lucrative market to tap into.
In Nigeria, the mobile phone accessories market is growing rapidly due to the increasing number of people who are buying mobile phones.
There is a big opportunity for businesses to start selling phone accessories in Nigeria.
Nigerians are becoming more interested in their mobile devices and want to accessorize them with things like cases, covers, cables and chargers.
If you want to sell phone accessories in Nigeria, there’s no need to make your own products as you can import them wholesale from China or elsewhere.
You can make money by reselling these imported goods after they have been made available on the Nigerian market.
How Do I Start A Phone And Accessories Business?
You can start a phone and accessories business by opening a small store, an online store, or a combination of both.
Before you open your doors, you’ll need to create a business plan and secure funding.
Once you’re up and running, make sure you keep track of your inventory and marketing efforts so you can continue to grow your business.
You should also focus on customer service because that’s what will set you apart from the competition.
The best way to do this is by hiring competent staff who are capable of solving problems for customers quickly.
Remember, you want customers coming back to buy again and again and don’t be afraid to ask for help.
If you need guidance with any aspect of starting a new business, don’t hesitate to seek it out.
There are many resources available including government agencies such as the Small Business Administration and private organizations like SCORE which provides free counseling services.