Can 1.5 Million start up a phone accessories business - Business (3) - Nairaland
Nairaland Forum › Nairaland General › Business › Can 1.5 Million start up a phone accessories business (54558 Views)
| Re: Can 1.5 Million start up a phone accessories business by chidiokay: 6:24pm On Mar 16, 2024 |
Bullfallo:With the inferior chargers that awash the market it is a fallacy to say chargers don't sell because e dey quickly burn, .. computer village is like my chilling base, I am very observant People only need one screen guide, phone case and one earpods at a time But most phone users have two or more chargers, esp. iphone users, Me for instance i have four chargers, one for phone, one for watch & bluetooth speaker, two for two power banks There is nothing like outdated mp3 player or screen guide or phone case, it can be out of vogue but it will serve just like newbies |
| Re: Can 1.5 Million start up a phone accessories business by gucci20(m): 6:31pm On Mar 16, 2024 |
raphemmanuel:Yeah! It can if you already have a shop, then look for the cheapest market that sells original accessories. Or you venture into Tomato production. Bcoz, that tomato pays like cocaine. |
| Re: Can 1.5 Million start up a phone accessories business by Azzik: 6:40pm On Mar 16, 2024 |
raphemmanuel:Currently I run a phone accessories business... this is what I will tell you, though due to the high rate of inflation the money won't do much as it includes rent and some furnitures you will need in the business. If you can get a cheap store for rent it might suffice. I will tell you that since this tinubu administration prices of goods have triple no joke and it's really not like before but you can start with it and invest more as money comes. |
| Re: Can 1.5 Million start up a phone accessories business by ayjay45(m): 6:49pm On Mar 16, 2024 |
Okulevan:what is office 365 and bank log spamming. Is it online fraud stuff? |
| Re: Can 1.5 Million start up a phone accessories business by jasent(m): 6:52pm On Mar 16, 2024 |
silibaba:Thank you this info is very useful. I was once into accessory in Ghana, before I switched to importorting goods from Nigeria to Ghana. This Benin republic you mentioned caught my attention. I will do my research on this. Thanks |
| Re: Can 1.5 Million start up a phone accessories business by Error401: 6:53pm On Mar 16, 2024 |
learn to order from Ali express. Do your normal shop sales and go online to sell second grade smart watches, headsets and bluetooth earpiece. raphemmanuel: |
| Re: Can 1.5 Million start up a phone accessories business by princejones(m): 6:55pm On Mar 16, 2024 |
raphemmanuel:Good intent, have you secured a place at Saint Michael's axis already, Alaba International is your best place to buy bulk phone accessories at a good rate. That's my former business way back in 2001,so am saying from a first hand experience point as l still keep in touch and equally looking forward to go back big in the business. I stay Aba as well |
| Re: Can 1.5 Million start up a phone accessories business by Chevrolet076(m): 6:56pm On Mar 16, 2024 |
raphemmanuel:Word |
| Re: Can 1.5 Million start up a phone accessories business by treatise: 6:59pm On Mar 16, 2024*. Modified: 9:44am On Mar 17, 2024 |
ecomalchemistt:This is a shrewd submission ; this is one my best pieces on nairaland. Good job! |
| Re: Can 1.5 Million start up a phone accessories business by ogaontop(m): 7:01pm On Mar 16, 2024 |
Phone Accessories is a viable business! |
| Re: Can 1.5 Million start up a phone accessories business by akaahs(m): 7:07pm On Mar 16, 2024 |
benuejosh:Can u please share the breakdown with me ![]() |
| Re: Can 1.5 Million start up a phone accessories business by Blitzking: 7:18pm On Mar 16, 2024 |
ENSURE YOU BUY ORIGINAL PRODUCTS |
| Re: Can 1.5 Million start up a phone accessories business by Rejouir: 7:22pm On Mar 16, 2024 |
1.5M can afford just an iphone 15. look into food business bro as a retail trader. Your funds can't even afford 75% dealership funds in a food business, with how prices skyrocket daily |
| Re: Can 1.5 Million start up a phone accessories business by silibaba: 7:31pm On Mar 16, 2024 |
jasent:Just get a good location. Till date I still supply memory cards etc to my customers in cape coast, Accra, achimota, kasoa, university of Ghana etc, but I make more supplying to Benin republic customers. |
| Re: Can 1.5 Million start up a phone accessories business by peleson1: 7:34pm On Mar 16, 2024 |
ecomalchemistt:Good advice..op u v all u need here |
| Re: Can 1.5 Million start up a phone accessories business by Lekan239(m): 7:38pm On Mar 16, 2024 |
seanwilliam:assuming he started a biz with 1m, if he invest all the gains bck to the biz and in 4month if the biz now worth 2m, does it mean he have realise his capital? Since he does not have any physical cash at hand and all the gain was reinvested into the biz |
| Re: Can 1.5 Million start up a phone accessories business by Okulevan: 7:42pm On Mar 16, 2024 |
ayjay45:yes Boss, don't sleep on it . |
| Re: Can 1.5 Million start up a phone accessories business by rockog: 8:11pm On Mar 16, 2024 |
You are too much. I like. You uote author=ecomalchemistt post=128820566]Its a good business, i call it blood money business..you can actually make 50 - 100% profit on each item you sell. fast moving products (fast chargers, powerbanks, speakers, smart watches, kiddies tab, usb cords, rechargeable handheld fans, memory cards, earbuds, laptop stands, tripod stands, ringlights..etc) the list is just too endless.... buy from importers or dealers at wholesale price and retail in bulk, cut down on your expenses, save money daily, be courteous while attending to customers, issue receipts on purchased goods, re invest the profits back into the business and watch it grow !!! you need to be situated in a very busy location where there is foot traffic. if you are starting out, you don't necessarily need a shop at the moment, you might just need a showglass in a busy marketplace. This business can be combined with Phone charging and POS simultaneously...so you are making money on all ends. to get products, stick with popular brands that are less expensive and have good testimonials such as Oraimo, itel, chupez, tecno, poolee, remax, shplus, New age)… Have a good speaker in your shop if you plan on getting one, load a memory card with a the latest jams on it and blast it..this will attract customers !!! The last important update , go online and push your products !!![/quote] |
| Re: Can 1.5 Million start up a phone accessories business by Pk01(m): 8:11pm On Mar 16, 2024 |
post=128959767:boss can we link up...ur WhatsApp number please |
| Re: Can 1.5 Million start up a phone accessories business by Harrynight(m): 8:13pm On Mar 16, 2024 |
ecomalchemistt:You've said it all, I hope OP take it |
| Re: Can 1.5 Million start up a phone accessories business by double3(m): 8:15pm On Mar 16, 2024 |
raphemmanuel:Do not focus on shop beautification for startup,channel ur funds towards stocking ur shop with items,as business booms,u can decide to upgrade and beautify. |
| Re: Can 1.5 Million start up a phone accessories business by NaijaCover(m): 8:16pm On Mar 16, 2024 |
Pk01:We Cover Everything In Nigeria Via Naija'Cover Just Visit Our Website And See Our Number. |
| Re: Can 1.5 Million start up a phone accessories business by Military0001: 8:26pm On Mar 16, 2024 |
Definitely |
| Re: Can 1.5 Million start up a phone accessories business by Badca81: 8:34pm On Mar 16, 2024*. Modified: 9:07pm On Mar 16, 2024 |
Moded |
| Re: Can 1.5 Million start up a phone accessories business by udemzyudex(m): 8:37pm On Mar 16, 2024 |
Accessories business is a very lucrative business but make sure you know the in and out of it, get a reliable source because as e sweet na so e fit dey funny especially with customers wahala. |
| Re: Can 1.5 Million start up a phone accessories business by Love800(m): 8:45pm On Mar 16, 2024 |
If i start selling baked foods(fish-roll, doughnuts, buns, eggroll), hawking dem in the streets of benin republic, will i make good profit? silibaba: |
| Re: Can 1.5 Million start up a phone accessories business by PawsitiveBro(m): 8:56pm On Mar 16, 2024 |
Britishcoins:This is a business I have done. Phone accessories is better and more profitable when you run it yourself. Having someone manage it for you while you run another business will only make the business not to grow as expected. These guys can steal oo, and it is difficult to keep records of all accessories you have. You can easily have someone manage a phone shop with camera than accessories. They do me shege banza. |
| Re: Can 1.5 Million start up a phone accessories business by Bullfallo(m): 9:14pm On Mar 16, 2024 |
chidiokay:It shows you know nothing. Screen guards sell more than chargers. If you have a quality charger you will not need a charger for over 4 years. But you most change phone case and screen guards |
| Re: Can 1.5 Million start up a phone accessories business by Philipgarza31: 9:15pm On Mar 16, 2024 |
hopexter:Here, the guy is receiving entirely incorrect advice. Yes, they might be correct for someone looking to start with 100k or 300k but investing 1.5m in such a shady industry with risks and insults attached would be such a waste. I recall returning a fake charger that I had purchased, and the guy was forced to accept it back and calculate his loss. My wife's iPhone 12 fell into the water the day after I received it, but I still gave it back, and the guy calculated his loss. These are businesses that will give you a Mercedes right now and take back a Rolls-Royce. |
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look into food business bro as a retail trader. Your funds can't even afford 75% dealership funds in a food business, with how prices skyrocket daily