Starting a Cell Phone Business in Nigeria: The cell phone business is perhaps one of the most lucrative businesses in Nigeria today. Cellphones have become integral to everyday life in Nigeria, and people simply cannot live without them anymore. Even after buying one phone, many Nigerians want to get another one or buy a different model. In order to do so, they must go to a cell phone store, which are now popping up everywhere in Nigeria. These stores have become quite a significant and lucrative business. They have become the type of business that can be started by a person who is just arriving in Nigeria from abroad, or even by a person who is still living abroad.
When looking for a place to set up the Cell Phone shop in Nigeria consider the following:
1. The space should be located in an urban area
2.It must be easily accessible by vehicle
3.It must be located on a major road in order to easily attract potential customers
In Lagos, suitable areas to open a phone shop include Ikeja, Victoria Island, Tejuosho Market, Yaba, Ojuelegba, Surulere, Oshodi, and Ogba.
One Advice to keep in mind- PLEASE DON’T…
Sell refurbished or second-hand phones mixed along with the new cell phones you are selling. This will give your store a bad reputation. For instance, some people sell Chinese made phones along with the original cellphones, these phones are often highly unreliable knockoffs of well-known brands. These kinds of phones are known for their unreliability, so do not sell them with your other phones. A common problem these phones usually have is that their batteries are often weak: you can charge one for 5 hours and discover that it will last for no more than 2 hours. Read more tips and advice about starting a Cell Phone business in Nigeria.