FAST SELLING PRODUCTS IN NIGERIA
What are the high demand products in Nigeria for 2017? Are you thinking of starting a business in Nigeria and you are looking for fast selling products you can sell? There are many fast selling products in Nigeria that any entrepreneur can start a business around and make good money from.
Many at times, success driven Nigerians are always in search for one business or the other to venture into. Salary owners are not left behind because the need to create multiple stream of income is very high due to the nature of the economy.
For this reason, I took my time to look conduct a research on products that are fast selling in Nigeria so entrepreneurs can start selling profit from day one of starting their business.
But, before I go into detailed with fast selling products in Nigeria, I want to make it clear that because these products are selling does not mean that you won’t study the business before kick-starting any of them.
It is always best to understand any business before embarking on them. So, to the gist of the day, here are 10 fast selling products in Nigeria that with a good business plan, and marketing strategies that can make you rich in the long term.
- Cheap Toys
You will agree with me that this is one fast selling products in Nigeria that sells like water. Many parents do buy cheap toys for their kids so they can stop disturbing them. Cheap toys like the ones that are sold from ₦300 downward are quick selling products to sell in the toy market.
Venturing into this business won’t be a bad idea as you can run the business as a seasonal business during festive periods.
Children are the ultimate impulse shoppers and you can easily convince them to buy with a friendly word and a smile.
- Recharge Card
This is another fast selling product in Nigeria that you and I can’t do without. You can start this business by looking for a good location (a busy one will be of great advantage), contact resellers of various networks you will like to sell at their designated office location nearest to you and buy at wholesale price and sell to final consumers.
You can choose the other way by printing the recharge card yourself if you want to be the wholesaler and retailer at the same time. You make better profit when you print the recharge card and sell to retailers.
There are processes involves to get started with this method. You need to research on it yourself to get proven information about it.
- Sachet Water
You know my list can’t be complete if I don’t include sachet water in my list of fast selling products in Nigeria. The amount of sachet water Nigerians consumed a day is unspeakable. As a matter of fact, a sachet water is stirring at me on my table.
This business can be started with as little as ₦200 with an ice block and you are good to go.
- Soap and Detergents
Everybody in Nigeria use soaps and detergent whether liquid or solid. These products are in high demand in many market all over Nigeria. Since soap and detergent are generally used for washing, you are certain to make sales daily.
If you are looking for a commodity that sells in high demand in Nigeria, here is one for you.
- Power Bank
This is one electronic products that sells more than phones in the electronic market in Nigeria. You should know why right? Due to the continued problem Nigeria is facing in the power distribution sector, Nigerians are always seen buying power banks so they can use it to support their phone.
I personally have one with me to support my phone whenever power is out for a long time. Power bank comes in different capacities and sizes. If you have the capital, you can order for cheap power bank from aliexpress.com or Alibaba.com and sell them in Nigeria.
This is one food that kids can’t do without. The product is fast selling in Nigeria because the company is helping make the advert while you just position yourself in where people can find you and buy the product.
The fun part about the business is that parents are not denying their kids on the love of the product which in returns brings profit for you. Some even buy cartoons for home consumption.
This is another fast selling product in Nigeria. If you use kerosene for any purpose, you should know this yourself. This product is widely consumed in rural and in some urban places. It is used for cooking and for native lamps. I don’t know how to explain it, but know that the demand is very high compare to petrol.
With the numbers of school opening at every corner on a daily basis, the demand for books is unspeakable. Books are very crucial when it comes to learning. Schools can’t do without books, and having you as a book seller means enough money most especially at resumption periods.
- Used Clothes and Shoes (Okrika)
When searching for fast selling products in Nigeria to sell, you should consider used goods like used clothes and shoes. While some people shy away from buying used clothing, the average market shopper is looking for a bargain. If you have good quality, clean and undamaged used clothing to sell, you can earn a lot at this market.
Any type of merchandise you want to sell at the market should be readily available and cheap to attain. Used clothing fills both requirements. You can easily sell it in large quantities if you keep the prices down.
- Soft Drinks
Soft drinks like coca cola sells very fast in Nigeria without any efforts from the distributors, wholesalers or retailers. Whether you go into this business as a wholesaler or retailer, it is a profitable business and the profit margin is good.
According to Gidi Researchers, here are the best 10 selling products in Nigeria. This list contains quick selling products in Nigeria that have stood the test of time. If you are interested in the fast selling consumer products business in Nigeria to start distributing, you should go through this compilation of products that sell well in Nigeria so as to be able to screen out the best products to sell in Nigeria. Are these also the fast selling products in Africa? Let’s find out.
Many people want to know the hottest selling products in Nigeria. The truth is, to know products that will sell in Nigeria, as a beginner, you should stick with fastest selling products with daily demands.
Coca Cola appears to be the most selling product in Nigeria and also in many nations around the world. Other products that are considered as fast selling product in Nigeria are listed below in no particular order.
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List of Top Selling Products in Nigeria
- MTN Recharge Cards
- Indomie Noodles Small Pack
- CloseUp Toothpaste
- Omo detergent
- Tecno mobile phones
- Sandisk Memory Cards
- Gold Circle
- Sachet Pure Water
Do you agree with this list of hot selling product in Nigeria? What other products do you think have been left out?