Ten High Demand Products in Nigeria 2021
One of the easiest ways to make your business grow is to invest in high demand products. The challenge is that finding these products is not an easy task for entrepreneurs in Nigeria.
Products in high demand may come across as pricey sometimes. Eventually, they become the best business venture for new and upcoming business owners. One of the advantages of investing in high demand products is that there will always be patronage regardless of price hikes.
High Demand Products in Nigeria 2021
In this post, we will show you some of the high demand products in Nigeria. Check them out below and let us know what you think in the comments section:
Electronics
Electronics sit right up there on the list of high demand products in Nigeria. This means getting to sell these products will be not only successful but also sustainable. Here’s a fact to support this inference, every household in Nigeria needs one electronic gadget or another. The need for electronic products isn’t limited to households but offices, shops, schools, etc. Some top brands you can invest in include Samsung, LG, Sony, TCL, Canon, etc.
Hi-Tech Products & Accessories
Technology is an evergreen category with lots of trending products to sell. You can invest in products in this category and sell online to respond to the needs of different target groups. Asides from smartphones, you can engage in selling smartphone accessories. Some of these accessories include earpieces, chargers, USB cables, OTG drives, etc. One very important accessory these days is the car phone holder. It comes in handy for drivers that need to use their devices while in transit.
Fashion products and accessories
We all know that clothing is among the four basic needs of man, hence the fashion industry’s need. These days, many high profile people in society will pay any amount to look good. You don’t need a large amount of money to start selling fashion products. There are several ways to begin a fashion business. You can either start as a fashion designer or sell fashion products and accessories. Set up an online store or use social media as a means to sell your products. Here’s something that you must know, the fashion business will always be in vogue.
Health and Beauty
Health and beauty products are also among the basic needs of man. The demand for these products cannot be overemphasized, especially among females between ages 18 – 40 years in Nigeria. Tap into the high demand for these products by selling via social media and other digital marketing channels. One of the advantages of this business is that you don’t need a fortune to start. You can engage in dropshipping instead of thinking of developing your products or retailing.
Baby Products
Day by day, people give birth to newborn babies worldwide. It is no secret that Nigeria’s population is growing rapidly, one of the fastest in Africa. While this may be a challenge, it could be a good source of income for smart entrepreneurs. Investing in baby products is a very lucrative venture, and you can sell your products using different platforms.
Grocery
People can’t do without groceries, and this is because this product is what we need in our daily lives. Groceries are one of the products you can sell with ease both offline and online in Nigeria. Your first assignment is to find your target market and look for the best ways to reach them.
Sports Trending Products
One activity that kept people busy during the lockdown was sports. They didn’t have to step out of their homes to keep fit as long as they had equipment. Despite the lockdown being eased, many people still want to stay at home to keep fit. What can you sell online in this category? You can supply just about any product in this category through dropshipping, from clothing to accessories to sports equipment (weights, exercise bikes, rackets, balls, etc.).
Conclusion
That’s it for our top high demand products in Nigeria 2021. You can tap into this knowledge to set up a new business or start offshoot your existing business in 2022. Did we miss out on any products? Drop them in the comments section. Don’t forget to check out SME360 for other interesting articles on starting up new businesses.
