Do you want to know how to start mobile phone accessories business? Are you interested in starting a profitable cell phone accessory business in your locality?
If your answer is YES then I advice you read on………
There is an increase in the use of mobile phones with its accessories in this 21st century as a result of technological advancement. This has created many business opportunities. One of such business opportunities is the sale of cellular and mobile phone accessories such as batteries, battery chargers, mobile phone repair parts, phone jackets and cover, memory card, USB cable, modem, ear piece, etc.
These mobile phone accessories are important component of mobile phones. The demand is very high especially in the developing countries where an average man will prefer repairing the damaged component of his mobile phone rather buying a new mobile phone.
Mobile phones accessories business has been made a lucrative business as a result of millions of GSM users in a particular locality. For most mobile phones such a Nokia, Samsung, Sony Ericsson, Blackberry, Techno, and other smart phones; they repair parts and accessories are readily available in the market.
So, if you are interested in starting a mobile phone or cell phone accessories business, below is an in-depth guide on how to start a mobile phone accessory business in any locality. You can choose to start the business with this list of 10+ mobile phone accessories. The business is highly profitable when properly set up and managed very well.
• 10 most popular mobile phones in Nigeria
How to start a mobile phone accessories business in any locality
First step-Find out if the Business is for you
The first step towards starting a mobile phone accessories business is to find out if the business is for you. It is true that anybody can start this business but only few people succeed in the business. Why people fail in this business is because they started a business they were not passionate about. So, be sure you like the business you are about to start and you are determine to forge ahead even when the business seems not be yielding high profit.
Second step-Study the Market
Find out how many people that are already into the mobile phone accessory business in your locality and what they are doing. Are they competition in the business around or in your locality? What do you think you can add or remove to grow own your business. One thing you have to know is that competition is a healthy factor for any successful business. So, don’t think of running away from competition but rather leverage on it to grow your business customer base.
Third step-Rent a Space
One of the major factors to be considered when starting a mobile phone accessory business is the business location. When renting a space for your mobile phone accessories business, consider renting;
• A high traffic location.
• Close to mobile phone repair parts business dealers.
• Close to mobile phone dealers (marketers of new and fairly used phones).
• Close to other mobile phone accessories dealers.
• Near high institutions, universities and offices outside other busy areas.
Fourth step-Consider Registering Your Business Name
If you are to grow and expand your mobile phone accessories business, you need to register your business with the appropriate commission in your location. Again, registering your business will help distinguish your mobile phone accessories business from any other mobile phone accessories dealers in your location or around your locality. You business may be short-circuited if you fail to register. Even if you didn’t register the business at the onset maybe due to your low financial capacity, ensure you factor it in your budget.
Fifth step-Consider Where to Buy Mobile Phone Accessories on Wholesale
To make high profit in this business, you need to buy mobile accessories directly from manufacturers or mobile phone accessories wholesale dealers. If you are in Nigeria, you can buy from computer village in Lagos, Alaba market in Ikeja, Jumia online, and Samsung online for Samsung mobile phones accessories. Just as there are many mobile phones in the market, there are also many mobile phone accessories manufacturers. Scan for all of them online and offline for better result.
Fifth step-Launch Your Mobile Phones Accessories Business
Ready to start! Get started with the mobile phone accessories business. There are many people who wish to start this business but never started it probably because they are afraid that they will fail. One thing you should know is that failure is only an option. Doing business is a risk venture and only those that have gut can venture into business, it doesn’t matter the type or nature of the business. So, no need to start hesitating whether to start the business or not; make up your mind to start. When you start, you can learn on the field.
What is the cost of launching a mobile phone accessory business?
• Cost of Starting a Cell Phone or Mobile Phone Accessory Business
The capital requirement for starting mobile phone accessory business may vary slightly depending on your locality, but a total cost of $ 120 (N20000) may be enough to start the business in a small scale however if you are to start the business in large scale, the capital required to start the business may increase. The best approach is to start from small to medium scale and then watch the business grow to large scale. However, it all depends on your financial capacity.
• Mobile Phone Accessories Distributors
If you are interested in staring mobile phone accessories business right away, you can choose from this list of wholesaler mobile phone accessories distributors or scan for one that is close to your locality.
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I liked this. Thank u so much.
You’re welcome.
Bros pls can you help me with a business plan on phone accessories, that when submitted, one can be granted good financial aid. Thk you! onyiiokere@ yahoo.com
Hello Onyii,
We charge $2 – $5 for writing such a business plan.
Thank u for the phone and accessories business plain advice.
Hello I also want to start accessories business in India. Can u help me
Hello swapnil daware,
Yes, how do I help? If you have challenges starting the business, let me. Some locality in India are fertile ground for some businesses like mobile phone or cellular accessories business.
Thankyou for your advice and guidance..
Hello Sumit kumar,
You’re welcome!
Pls I need a business plan for restaurant and bar. Thx
Hello Enkay,
it will cost you three thousand, five hundred naira (₦3500) only. If you are ready, we will send it to you.
Please I need a business plan for mobile phone accessories and repair spare parts business. What will it cost me and how soon can I get it after after making the payment? 08175643320
Hello Pst. Eze Peter,
It will cost you just a token of N4500. If you need it, let us know you. You will receive it within 48hours after payment
Okay, thank you. But I can only afford N3,000 for it.
Hello Pst Eze Peter,
we will write the business plan for you. It will take 7 days because we will be going for a new market survey and also contact some mobile phone accessory companies. So reach me on this email address; immax2005@gmail.com with your phone number so that I can easily contact you.
Reply fast so that we can continue.
sir I want to start the business with a small amount of money on one remote area in rivers state, how can I buy them from the whole sellers since I can’t make it up from the manufacturers….
Hello selina chimbiko,
.
Grab a copy of our Business Plan for Mobile Phone Accessories and Repair Parts Business
From where I can get this copy
Hello Pankaj,
Send an email to immax2005@gmail.com requesting for a copy of the business plan.
I like this and I will try it very soon
pls can you help me with a reliable phone Accessories distributor in Nigeria with phone number and address
Hello Sola,
I don’t have any.
I need a backup my contact
pls send me a phone accessory business plan so that I can show investors who will finance my project.ruthpeter04@yahoo.com
It will cost you just a token of N4500. If you need it send us an email @ immax2005@gmail.com
Emma God bless you sir.pls apart from lagos is there any other place in the north central you can suggest for me to get the accessories at cheaper rate?
I need i busines plan for computers accesseries.
The price is N4500. If you need it then let me know.
Pls i need a clean business plan on phone accessories business,so pls is somehow urgent, let me have ur direct contact number.Thanks
The price is N4500. If you need it, you can contact me @ immax2005@gmail.com
Plse sir, I want to start up bphone accessories business in Owerri. I need the nearest dealers where I can buy at cheapest prices
We will scan for one for you
Mr Emma I want to start mobile phone accessories business in ikot ekpene. where do I get it at wholesale price closer to ikot ekpene
We will scan for that.
pls Emma i need business plan on fashion designing. Am not a tailor or fashion designer but am thinking of setting up a kind of well packaged tailoring store and employ designers to work for me. Since am a novice, pls i would lik u to help me write plans on the types of sewing machines and equipment to buy. Or reach me on 08141711732
Business plan for well packaged tailoring & fashion designing store will cost you N4500 only. If you need it let me know.
Hello I Wish To Learn How to Repair Phones so that I can set up a phone sales and Repair shop. My location is Lagos/Ogun State
That’s a good one.
Hello sir I want to set up phone accessories business and will also wish to have capable hands in phone repairs. Advice me please am in Lagos tnx
That’s a good one. How may I be of help?
How do I go about it, what are the things to put in place, The capital involved, everything needed to set up an average phone accessories shop. Am considering wholesale well tnx
Hello Chygold,
I will suggest you get our phone accessories business plan.
Thank you for this information .I will soon start my own .
I wish you all the best!