In present-day Nigeria business environment, quick selling commodities are the driving force of every passionate entrepreneur. The trending products generate more traffic in sales which increases revenue as a result of the massive turnover.
To importation business-minded individuals in Nigeria craving to know the quick selling products to venture into, here is the right place to acquire the much-needed ideas to be applied while venturing into trending products that sell more in Nigeria business environment in the year 2020.
There are so many products that are Hot selling deals in Nigeria as a result of a passion for quality products. For the purpose of this page, ten (10) quick selling product niches in the importation business in Nigeria will be deliberated upon here.
MEANING OF IMPORTATION
This can simply mean the act and process of making the purchase of goods internationally to sell in a local business environment.
The present world technology has made it easier for importers. Transactions through the aid of social media facilitate little investment of time and energy in importation which eventually saves some cost and maximizes profit.
Potential investors into importation need to study and harness the products that sales quickly in order to achieve a quicker payback period (recovery of capital).
Furthermore, most importers might have made the wrong choice of importing products that attract low turnover in sales as a result of low demand which eventually ties down the business capital.
In order to position you on the right track for the importation of trending and quick selling products in Nigeria business environment in the year 2020, this page will unveil to you ten (10) out of many products you can order for with little or no regret.
Many individuals have been giving testimonies on how acceptable and profitable the products seem to be in their business of importation. You will be amazed when you know that harnessing these mouth-watering products is very simple.
For the fact that this page is all about the present-day importation tips and tricks in Nigeria business environment in the year 2020, I believe you will wish to know about these quick selling product niches, I guess. Kindly read on as this page unveils the selected ten (10) quick selling products.
Below are the trending quick selling products niches in Nigeria importation business Environment in the year 2020 and they include;
- HEALTH PRODUCTS
- BEAUTY AND COSMETICS PRODUCTS
- AUTOMOBILE SPARE PARTS PRODUCTS
- WEIGHT LOSS PRODUCTS
- SECURITY PRODUCTS
- COMPUTERS AND ACCESSORIES
- PHONES AND ACCESSORIES
- ELECTRONICS PRODUCTS
- BABY PRODUCTS
- FLOOR TILES
As a result of your passion for importation, you will agree with me that having an idea of what to sell and the target population is the basic key for a successful importation business.
The above-listed product niche may not only be the cheapest but the trending and quickest selling products in the Nigerian business environment in the year 2020.
Those that have sound knowledge of social media marketing are more advantageous to be acquainted with these product niches and such can be credited to average importers. They know how to place their order of right quantity through the right channel of supply such as online stores, open shops, social media platforms, etc.
The subscribers or buyers of these products can as well be attracted via social media platforms too by posting the samples on Facebook, What’s App, Instagram, etc. window display on physical shops can as well attract buyers and subscribers.
Do not forget that the main question is to have sound knowledge of what to sell and whom to sell to. It serves as the major determinant of your business cycle. This is why you need to know these trending and quick selling products niche in Nigeria business environments and learn how to manage them effectively.
Furthermore, this page will explore and harness these product niches in order to achieve greater sales turnover. Because the aim of every investor is to achieve increased sales and maximize revenue.
The above-listed product niches will be briefly discussed below in order to give a better understanding that will enable every potential importer to make the best choice of product(s) to invest in.
1. HEALTH PRODUCTS
This can briefly explain to be commodities required for human fitness and sound body system. They serve as preventive measures and remedy to health challenges. They are very essential in human body maintenance.
To anyone that may choose to trade or deal on this niche through importation, adequate carefulness is extremely required. This is because health is a great asset to the human race. It is also recognized as great wealth to the society at large.
Importers of such products also need to carry out a critical appraisal on any chosen health product to trade on. And this will enable them to know and observe the regulatory policies guarding such products as provided by the regulatory authorities. In order not to derail and incur the wrath of the law which may eventually lead to capital tied down or in most cases lead to loss of investment.
Therefore, the health products trending and sales quicker in the Nigeria business environment in the year 2020 includes;
- NOSE MASK
- HAND SANITIZER
- DIABETES METER/KIT
- MOUTHGUARD AGAINST SNORING
- TEST KITS
- SUPPLEMENT DRUGS
- MOSQUITO NETS
- HAIR CLIPPER
- BODY MASSAGE MACHINES etc.
Most of the health challenges that require some of the above-listed products for proper prevention and medication to eradicate, control or remedy the ailment may include the following;
- QUICK EJACULATION
- HIGH BLOOD PRESSURE etc.
2. BEAUTY AND COSMETICS PRODUCTS
This could be referred to as products required for the maintenance and good looking of human skin. People that attach value to their skin and beautiful look make use of these products as an alternative for proper maintenance. Solutions to skin challenges are provided through the application of such products. And should be applied in accordance with the instructions and directives of the manufacturer.
Furthermore, if these products are applied correctly as recommended by producers and as well the experts, the remedy to skin problems will be achieved. The user will be glad and as well be confident enough to recommend it to another which will eventually increase the demand.
In present-day Nigeria business environment, beauty and cosmetics products trends and sells quick. It is a good niche to be ventured into by any interested importer. It only requires balanced operating capital and strict adherence to the regulatory policies that guide the choice of trading on this niche as provided by the regulatory bodies.
Through the choice of this line of business, an importer will provide a solution to the following skin and beauty challenges which may include;
- SKIN RASHES
- AGE OR LIVER SPOTS
- STRETCH MARKS
- WHITE SPOTS
In conclusion, most of the beauty and cosmetics products that trends and sells more in Nigeria business environment in the year 2020 that an importer can confidently venture into and recover the invested capital quicker with little of more profits includes;
- NATURAL GRAY HAIR REMOVER
- HAIR WIG
- WHITENING CREAM
- ANTI-DANDRUFF SHAMPOO
- ODOR CONTROL
- BLEMISH-ACNE CONTROL
- BODY LOTION
- BODY POWDER
- BATH BRUSH AND SPONGES
- NAIL TREATMENTS
- COTTON BUD ETC.
3. AUTOMOBILE SPARE PARTS
This serves as a replacement alternative to damaged segments of automobile products. it could be new or fairly used and still workable to perform the same function as the original part of an automobile product. Once a segment of an automobile is confirmed damaged and the extent of damage is beyond repair, an outright replacement will be required in order to restore or keep such an automobile in workable and running conditions.
The population of users and owners of automobile products in Nigeria is of increase every new day. In the same vein, automobile products put in use can as well develop signs of breaking down or in most cases damage out rightly and will require the services of experts known as “mechanics engineers”. It is the duty of the mechanical engineer to scrutinize and discover the faulty part(s) of the automobile and conclude by deciding whether to repair or replace such a faulty segment.
Furthermore, in most cases, faulty parts of automobile products are replaced with new or fairly used parts. Since some of these parts are not produced locally, it requires the services of an importer to bring those foreign-manufactured parts down to Nigeria.
With the above brief explanations, you will agree with the fact that there is a high demand for automobile spare parts in Nigeria’s business environment and will also sell quicker just like every other trending product in Nigeria in the year 2020. You will also agree with the fact that venturing into automobile spare parts importation is a very good niche for every interested investor.
The breaking-down or damage of an automobile part might be as a result of the following reasons which may include;
- TIRE AND WHEEL DAMAGE
- CLUTCH CABLE DAMAGE
- OIL LICK
- FAULTY SPARK PLUGS
- ALTERNATOR BREAKDOWN
- RADIATOR LICK
- CARBURETOR OR INJECTOR MALFUNCTION
- FLAT OR FAULTY BATTERIES ETC.
- PMS OR FUEL PUMP DAMAGE
- WORN-OUT GASKET ETC.
In conclusion, this niche tends to encourage every interested importer to take advantage of the above-listed automobile challenges and provide solutions that will serve as a remedy by bringing those replaceable parts down to Nigeria. And should observe the regulatory guidelines as provided by the regulatory bodies governing such a line of business.
4. WEIGHT LOSS PRODUCTS
A study into the human structure has proven that it requires a moderate or normal weight and size to deliver more in any activity that requires human strength. The heavier an individual, the weaker he/she becomes. An individual can
equally, lose relevance and a good look whenever he/she becomes heavier.
Most people with heavyweight are prone to some peculiar health challenges which hinder them from performing certain activities that will better their lives. And as well feel unsecured as a result of their body structure. In most cases, it makes them look ugly and this affects their social life due to insecurity.
In order to remedy the effect of excess body weight of an individual, the experts have produced alternative products that can be used by any interested individual. And this sells quickly as a result of numerous individuals with excess body weight and wish to be normal someday
in the year 2020, weight loss products trend and sells quickly in Nigeria business environment due to the high number of individuals that makes use of it to remedy the effect of their excess body weight. For this reason, an investor can take advantage of the high demand for such products by venturing into the line of business through importation with full assurance of making great sales turnover and encouraging returns on capital.
In summary, with the above explanations, one can confidently make this niche a choice of business line in the Nigeria business environment.
5. SECURITY PRODUCTS
The safety of lives and properties is essential to every human being and should not be neglected or compromised for any reason. As a result of safety importance, a lot of security measures are available for adoption with its peculiar gadgets. These gadgets play great roles in ensuring the security of life and properties.
Due to the necessity of security products in the human race, Nigerian occupant patronizes the security material vendors a lot. Most of these security products are not manufactured locally. Therefore, it requires the services of an importer to order and supply it into the Nigerian business environment.
In the year 2020, this product line trends and sales quickly as a result of high demand from the populations of local users. With this knowledge, an importer can as well invest and trade on this line of business with full assurance of achieving encouraging returns on capital.
Furthermore, the driving force behind the use of security products is a result of security issues that could arise accidentally and may lead to damage or destruction of useful properties and in most cases leads to injuring an individual(s) and can as well lead to loss of life.
The most common security challenges that may accidentally occur leaving an individual with great loss may include the followings;
- ARMED ROBBERY ATTACK
- KIDNAPPING AND ABDUCTION
- RITUAL KILLINGS ETC.
In order to control and curtail the issues of insecurity, the following security products are available for importation in which any interested individual can venture into and make encouraging progress in Nigeria business environment and they include;
- CLOSED-CIRCUIT TELEVISION (CCTV)
- DOOR/WINDOW ALARMS
- WALL SECURITY CAMERA
- MONITORING LIGHTS
- INTRUDER ALARMS
- ACCESS CONTROL
- BURGLARY PROOFS
- ASSET TRACKER
- CARDS AND READERS
- ELECTRIC BARBED WIRES
- MOTION DETECTOR ETC.
6. COMPUTERS AND ACCESSORIES
Nigeria is practically in what is known as the computer age. Majority of the activities requires the use of computer for manipulation of data for decision making. Things related to computers such as the internal and external components
required for support and replacement of parts in any case of damage trends and sells fast as a result of its importance. A lot of businesses cannot survive without the use of a computer. In the same vein, academic environments also require the use of computers for easy acquisition of knowledge with better understanding.
In the year 2020, computers, and accessories line of business is lucrative and will be profitable to anyone that would wish to take the advantage and venture into it. Having a better knowledge of computers and its accessories gives one better chance of excelling in the line of business and this makes it necessary for one to carry out an adequate feasibility study before execution.
Most of these computers and their accessories are not manufactured locally. And for this reason, importation is an alternative means of bringing it down to Nigeria. The computer and its accessories that are available for importation may include the following;
- LAPTOP COMPUTER
- DESKTOP COMPUTER
- HARD DISK
- FLASH DRIVE
- INK CARTRIDGE
- TONER CARTRIDGE
- LAPTOP CHARGER
- D-LINK CABLE
- WIRELESS ROUTER
- USB HUB
- USB ADAPTER
- EXTERNAL BLUETOOTH etc.
Finally, with the above explanations, an interested importer can confidently venture into computers and accessories line of importation and achieve an encouraging sales turnover with favorable returns on capital.
7. PHONES AND ACCESSORIES
The world indeed is becoming a small place every new day, this is because communication has been made easier through the use of phones. Almost all human daily activities require the use of a phone for communication and this makes it highly essential.
Here in Nigeria with the high population of individuals and business environments, the benefit of telephone communication and search for information can never be overemphasized in the year 2020. For this reason, phones and its accessories trends and sells quickly and any interested business-minded individual can confidently venture into the line of business and make great sales turnover with encouraging returns on investment
Due to the fact that most of the phones and its accessories are not manufactured in Nigeria locally, an importer is required to order it from the oversea manufacturers and bring it down to Nigeria. It only requires a comfortable capital base and critical feasibility study on the product line. It also requires strict compliance with the regulations behind the product line as provided by the regulatory authorities.
With the above brief explanation, anyone looking for trending and quick selling products to venture into through importation in the year 2020 can reliably choose phones and accessories line of business.
Below are the available phones and accessories that can be imported into Nigeria business environment and make good returns on investment and they include;
- MOBILE PHONES
- TABLE PHONES
- MOBILE PHONE USB CABLE
- POWER BANK
- PHONE BATTERY
- PHONE CHARGER
- PHONE CASE AND COVER
- PHONE SCREEN PROTECTOR
- BLUETOOTH ENABLED HEADSET ETC.
8. ELECTRONICS PRODUCTS
This line of business is so much lucrative in the Nigerian business environment. This is as a result of its importance to the general public. There is no single home in present-day Nigeria that does not enjoy the benefit of the use of electronics. It is useful for both social and economic life.
Most investors that have ventured into this line of business are really doing well due to the fact that it trends and sells quicker in Nigeria especially in the year 2020 and will still trend higher in the future years.
This product line is requiring the services of an importer. This is because the majority of electronics products are not produced locally. Therefore, anyone that has a passion for importation but still considering the product line to venture into can reliably choose electronics products line of business with no regret.
The electronics products that can be imported into Nigeria business environment with assurance of making good sales turnover includes;
- WASHING MACHINE
- ELECTRIC GAS COOKER
- ELECTRIC BULBS
- WATER HEATER
- ELECTRIC FAN
- HOME THEATER DVD
- POWER GENERATOR
- ELECTRIC KETTLE
- DRY PRESSING IRON ETC.
9. BABY PRODUCTS
with the high rate of new birth on daily bases, the baby product line of business has become highly lucrative. The parental management approach towards their baby has changed and made it easier from the way it used to be in previous years. This is as a result of new developments and better products available for baby management.
Here in Nigeria, there is no single day without newborn babies and this brings about the need for baby products required for their effective management. And the majority of these products are imported. Almost every individual dealing with baby products tells successful stories about the lucrative nature of their choice of the business line.
For this reason, anyone that is looking for a product line to venture into through importation can reliably make the choice of baby products line. This product keeps trending and sales quick every new day and will still sell more in years to come.
This product line only requires a comfortable capital structure, basic knowledge of the product line, and strict compliance with the regulatory requirements as stipulated by the regulatory body behind the industry. Therefore, the baby products available for importation may include the following;
- INFANT CAR SEAT
- BABY BOTTLES
- BABY CARRIER
- DIAPER CHANGING PAD
- NURSING PILLOW
- BABY DAILY MOISTURE LOTION
- BABY TOWEL
- BABY WEARS
- BABY BED ETC.
10. FLOOR TILES
Floor tiles are so popular in Nigeria and as such are placed in high demand every day. It is a modern building design and it is going viral in Nigeria. It is a durable popular product.
It consists of different designs and sizes that will catch your eyes. Therefore, anyone in Nigeria that wants a stylish floor must certainly make use of tiles.
This product is mainly imported and those that are on the business line are already doing well as a result of its high demand from the public. To anyone interested in venturing into importation but still considering the product line to specialize on can confidently choose floor tiles.
In conclusion, it is required that every business individual must have sound knowledge of the chosen product line and should observe the laws guiding it. This will facilitate the stability and success of the business.
I hope you learn a lot from this chosen topic? and if there be any question you have in mind to ask please do not hesitate to use the comment box as we promise to answer with a faster response