Grow Your Business

Top 6 Laptop Accessories to Sell In 2021

There’s very high demand for laptop accessories in Nigeria. I’m going to show you how to setup the right laptop accessories business, whether offline or online, and make lots of sales daily.

The key to starting a profitable laptop accessories business is quality. If you can give customers the best quality they can trust, you will grow your customer base fast, whether you are selling offline or online.

I opened a cosmetics shop last year. I have written about how to start a cosmetics business on this blog. Most people don’t know how lucrative cosmetics business is. It’s the same with this laptop accessories. My secret was to sell the best cosmetics and my customers will tell their friends and I will grow the business by word of mouth. And it worked.

The customer base for laptop accessories is larger than that of laptop device itself. And your customers will keep buying throughout the lifespan of their laptop. Also, depending on the type of accessories they require. I will be showing you the top six laptop accessories you can sell.

Nigerian Laptop Market Potential

If you want to start a business on laptop accessories, you will need to understand the market and the potential for success. It’s okay to say there is enormous demand for notebooks but one still needs to substantiate those claims before investing your money.

You shouldn’t go into business based on assumption. There should be real facts backing any claim of Market Potential before you can invest your money.

The Nigerian population is now at over 198 million. And almost half of that figure are eligible users of laptops. But you cannot base your laptop business market share on such vague statistics.

Do you need specifics like, who are the potential target for laptop sales? How many people buy laptop regularly in your target market? How many laptop accessories can you sell daily and what’s the profit margin like?

Let’s start with target markets. Who should you be looking at that would buy laptop accessories from you? And if you want to market your laptop business, who should you think of first? The answer is obvious, but we still need to prove that it’s not just a rouse.

Laptop Target Markets

There are several laptop Target markets in Nigeria. These are large groups of people who buy and use laptops for specific work requirements. Here is my list.

  1. Secondary schools – this figure is a bit low, due to many public secondary school students cannot afford a laptop. That doesn’t mean it’s not an essential need for secondary schools in Nigeria. However, the story is different for most private secondary schools, where it’s either provided by the school or parents are required to buy laptops for their wards.
  2. College of education – if you cannot be so sure secondary school students are a good target market for your laptop business, now you can be this specific college of education is your market. Although the school authority may not mandate it, it’s becoming increasingly evident that at a certain level in academic work, a student in this class can’t do without a laptop.
  3. University & Polytechnic undergraduates – these categories of students cannot complete their mandatory academic responsibility without the need for a computer. They form the primary target market for your laptop business. And every state in the country has one or both of these institutions. Some states even have multiples of them. Abia state such as, has a federal university, state university, and a polytechnic.
  4. Small Businesses and Offices – SME makes up the most significant target for laptop business. You can find these customer base in large number in every state of the country. They represent a large percentage of your target market because of the peculiar needs. Their business is primarily run on the internet. They also have the purchasing power to afford these laptops. And their revenue base is also depended on their use of a computer, which forms part of their business tools.

Laptop Market Target Statistics

Now, let’s get to some of the statistics. We have looked at the target markets but how much of these markets are indeed available for your laptop business? Let’s take a look at some of the statistics and see how they meet your expectation for business.

Nigeria presently has 40 Federal Universities, 44 State Universities, and 68 Private Universities. That’s a total of 152 universities. Although, this doesn’t give us the real potential of buyers for a laptop. This figure only guarantees a little number of 600,000 students per admission year.

That’s a small amount for a country with over 198 million people. A large number of these eligible students don’t get into the university, but that doesn’t mean they don’t fall into the market share for your laptop business.

There are 82 colleges of education in Nigeria, consisting of 22 federal, 14 private and 46 state colleges of education. The Polytechnic has over 50 schools.

But small businesses in Nigeria are in the neighborhood of 20 million SME’s. That’s a large percentage of your target market for your business.

Top Six Laptop Brands In Nigeria

  1. HP
  2. Lenovo
  3. Dell
  4. Apple
  5. Asus
  6. Acer

HP Inc

HP remained the top laptop brand, maintaining its lead through every quarter of 2017. With a global shipment that grew 8.3% compared to a year ago. The volume hit more than 16 million units for the first time since the third quarter of 2011.

HP also grew its place in the U.S. market, increasing its market share to 34%.

Lenovo

Lenovo is the number 2 laptop brand in 4Q17. Lenovo made substantial gains growing by 3.9% year over year, outside the US market.

Dell Inc

Dell holds it at the third place in 4Q17. With year-over-year growth of 0.7% and shipping more than 11 million units for the first time in 2017.

Competition in the U.S. market remained robust increase for the company as its U.S. share and growth both suffered. Elsewhere like Europe, the Middle East, and Africa, the company saw solid numbers.

Apple

Apple is still in the fourth place but grew its shipments to 7.3% in 4Q17.

ASUS and Acer

They both shared the fourth quarter in a statistical tie* for the fifth place.

ASUS saw its shipments decline 11.2% year over year in 4Q17.

But, Acer‘s focused more on gaming PCs and related products, as well as its presence in Chromebooks, and it helped it to close the gap with ASUS.

Hot Selling Laptop Accessories

Here is how to go about starting your laptop business. There are just a few things to consider. However, the most crucial first step is to decide the type of laptop you want to start selling.

Understanding your market will help you decide the type of laptop to sell. You should know that the massive demand for laptops must also be matched up with affordability. If people can’t afford your product, your turnover will be too low.

So, decide if you want to start with brand new or used (Tokunbo) laptops. Your target market would help you make the right choice. However, you can consider mixing things up if you are not so sure about your target market.

The market demand for new and used laptops is like 30% – 70%. And the profits margin is not the same as well. But it’s like 60% – 40%. The demand for used laptops is higher than those of new laptops. However, that is not the same as their profit margin. The new laptops win when profit is the case.

Estimated Startup Capital

You can’t pin the exact amount required to start a laptop business. But you can get an estimate that you can personalize for your need. Although, I strongly recommend you plan around your budget if you have limited fund.

I’m trying not to cage your dream with estimated figures. If it’s money for one laptop you have, you can start your laptop business. I’m only going to help you see what is required; you affix cost based on what applies in your place. But that shouldn’t deter you if you can’t raise such funds to get started.

Here are things you need money for:

  • Office rent – mostly annually cost
  • Office furniture – one-off cost
  • website design and optimization
  • Different brands of laptop accessories (new & used) 
  • Other Expenses – set out funds for other items within your purview

Siting Your Laptop Business

You should be strategic where you site your laptop business. Don’t just rent an office anywhere. Be sure it’s where you should have the office.

Siting the office at the right place will impact your sales and help fight competition when they start coming after you.

The best place to site your laptop business should be closer to your primary target customers. It would help build loyalty, confidence and after sales support. Because you are closer, they are confident you will be available for support, repairs and advice when they need it.

They are not just buying laptops from you; they will be purchasing a friendship as well. That would be the real commodity that you should use against your competitors. And make full proof of that friendship, by offering them the truth in all your dealings with them.

Conclusion

Starting a laptop business now is a profitable investment decision. But you should do it the right way. The demand for laptops will continue to increase. The insinuation that phone will kill the market for the computer is all a lie.

Laptops are solving more problems than phones. That keeps the computer in the demand market. The global laptop sales for fourth quarter 2017 in the USA is 16.5 million.

While EMEA (Europe, Middle East, and Africa) region continued to experience growth.

Finally, let us know how useful you rate this guide. And drop a comment at the comment section.

6.44228763.417586
Chinedu David
Chinedu David is a business consultant with experience in oil & gas, hospitality, IT & telecom, consumer products, business strategy, marketing and distribution. He was the telecom editor for SuccessDigest for over a decade. And founded Mystore, one of the indigenous online marketplace in 2013. Drop a comment below and he will respond to your query. He can also be reached via email: nedu@myblog.com.ng or Call/Text/WhatsApp: 07087770518
You may also like
How to Make Money Blogging in Nigeria
How to Sell More Baby Diaper In 2021
54 Comments
  • Anonymous Feb 9,2021 at 4:27 pm

    This is something New

  • Game Trick Feb 9,2021 at 2:35 am

    I should add that I\’m not that technical, so a solution that is easy to use would be more appropriate of the two. . . The website will work in a similar way to gumtree\’s classified ads. If this is possible would I also be able to add a charging mechanism for the ads using Joomla or WordPress.. . Any help would be much appreciated.. . Many thanks..

  • Game Info Feb 8,2021 at 3:56 pm

    What is the easiest way to add a blog to my existing website?

    • Chinedu David Feb 8,2021 at 6:45 pm

      Setup WordPress on a subdomain or sub directory like yoursite.com/blog

  • Roblox Tips Feb 8,2021 at 3:23 pm

    I love to write. I mean, I really love to write. It\’s probably the only passion I have stronger than love. But I need to know what college to go to.. . What college should I go to for Creative Writing?.

  • Regulus Game Feb 8,2021 at 11:07 am

    I open it then something pops up saying:. . Firefox has stopped working.. Windows can check online for a solution to the problem.. . So can anyone help to fix it?.

  • Game Feb 8,2021 at 9:52 am

    I already have a college degree so I don\’t need the credit. I don\’t want to pay a ton of money for it, but I do want an actual class with actual assignments. And that\’s creative writing as in FICTION. Thanks for your help. A class on the Northside would be great..

  • Game Tips Feb 7,2021 at 1:10 pm

    How do I start a blog with payment options for readers?

  • Fortnite Tips Feb 6,2021 at 11:33 pm

    I\’m curious, because I want to study creative writing in college. Thanks!.

  • Roblox Tips Feb 6,2021 at 10:48 pm

    Where can I find info on how to protect/copyright articles posted on the web?

    • Chinedu David Feb 8,2021 at 9:05 am

      There are plugins that would help you with that.

  • Regulus Game Feb 6,2021 at 5:52 pm

    How do I transfer my Blogger feed readers to my WordPress blog?

  • Game Info Feb 6,2021 at 4:13 pm

    Hi,. I am new to joomla and my boss is asking me to add some of the joomla functionality to the current website so that the owner of the website can itself modify the contents. I am having no idea about how to do that. My boss says that there is no need to re-build the website in joomla. If anybody can help me, I will be highly obliged.. Thanks.

  • Nathanael Adzhabakyan Feb 6,2021 at 10:28 am

    Earn $200/Day With Our Last Passive Income System – Best Autopilot income system 2021

  • Fortnite Tips Feb 5,2021 at 11:20 am

    I\’m excellent at financial planning, and giving advice about weather to buy certain items or cut back. how can i start a website giving out this advice?.

    • Chinedu David Feb 8,2021 at 9:12 am

      Go to themeforest you will find themes and plugins to help you get started.

  • Game Info Feb 4,2021 at 9:56 pm

    It happens with out my knowledge. This leads me to lose my bookmarks, settings and is such a nuisance. How do I stop FireFox from losing my settings and bookmarks? Thank you..

  • Game Info Feb 4,2021 at 9:15 pm

    Why is my computer making a beeping noise and freezing on start up?

  • Coin Master Tips Feb 4,2021 at 4:08 pm

    How do I start blogging and make money at the same time?

    • Chinedu David Feb 8,2021 at 9:15 am

      Pick a niche. Identify the problems in that niche and provide the best possible solutions. That’s way to start.

  • Fortnite Tips Feb 4,2021 at 2:34 pm

    What are some good Tumblr blogs that allow you to submit photos, to gain more followers?

  • Build Your Own Landing Pages Feb 1,2021 at 4:41 pm

    Earn 500 a Day With Our Passive Income System Doing These 3 Steps: Step 1: Get our ready made niche websites, Step 2: Setup your Paypal account. Step 3: Run our Unlimited Traffic System from our Free 850 sources of traffic and start earning your income in same day. More info: https://warriorplus.com/o2/a/gp8vk/0

  • free fortnite account generator Jan 30,2021 at 4:08 am

    I used to be able to find good advice from your blog articles.|

  • free fortnite account generator Jan 30,2021 at 2:36 am

    Hi there very nice website!! Guy .. Excellent .. Amazing .. I will bookmark your site and take the feeds also? I am satisfied to search out numerous helpful information here in the post, we want develop more strategies on this regard, thanks for sharing. . . . . .|

  • Cherry Walter Jan 28,2021 at 1:02 am

    Best Marketing Services – Cheapest on Market. SMM Supreme is the Top 5 Best Social Media Website in the World. Best Quality-Price Ratio on the market with 714,928 orders until now. – Facebook Fan Page Likes for $4.50/1000 – Instagram Followers for $0.78/1000 – Youtube Views: $1.62/1000 – Twitter followers: $2.10/1000 – Paypal Deposit – Bitcoin Deposit – Fast order processing – 1 Hour Delivery

  • Chia Daffin Jan 27,2021 at 2:22 am

    Do you want get more social network traffic, likes, subscribers? Our Company provide SMM Services that means (Social Media Marketing) that is directly using social network websites such as Twitter, Facebook, and LinkedIn to promote a website. High Quality Services / Our prices are the cheapest in the market, starting at $0.01 / 24/7 Support / API Support for panel leaders / Best prices

  • Tinisha Math Jan 26,2021 at 3:18 pm

    You often hear of Google and FB making you rich. Unfortunately, those days are gone as these tech giants have closed off nearly every loophole. Instead, did you know Large Streaming Companies now holds the key to quick wealth?

  • reddit nba streams Jan 25,2021 at 7:41 am

    Thanks for finally talking about > blog_title < Liked it!|

  • robux generator Jan 24,2021 at 7:24 pm

    I\’m doing a project about spectators and am trying to find peoples opinions and feelings from the olympics (whether watching it in beijing or on the tv).. . I searched technorati for \”olympics\” and there are sooo many results that are much more recent and come up first, but aren\’t what I\’m looking for, I can\’t work out how to filter out ones from the games…. . Anyone know how I can do a search for blog posts tagged olympics in say the month of August..

  • Jody Meas Jan 22,2021 at 9:40 pm

    Best Marketing Services – Cheapest on Market. SMM Supreme is the Top 5 Best Social Media Website in the World. Best Quality-Price Ratio on the market with 714,928 orders until now. – Facebook Fan Page Likes for $4.50/1000 – Instagram Followers for $0.78/1000 – Youtube Views: $1.62/1000 – Twitter followers: $2.10/1000 – Paypal Deposit – Bitcoin Deposit – Fast order processing – 1 Hour Delivery

  • fortnite skin generator Jan 15,2021 at 6:25 am

    Hey! I just wanted to ask if you ever have any problems with hackers? My last blog (wordpress) was hacked and I ended up losing months of hard work due to no backup. Do you have any solutions to protect against hackers?|

  • fortnite v bucks generator Jan 13,2021 at 3:25 am

    An impressive share! I have just forwarded this onto a coworker who was conducting a little research on this. And he actually ordered me dinner due to the fact that I found it for him… lol. So let me reword this…. Thank YOU for the meal!! But yeah, thanx for spending the time to discuss this issue here on your blog.|

  • Wayne Whitlinger Jan 12,2021 at 1:03 am

    It\’s a pity you don\’t have a donate button! I\’d most certainly donate to this superb blog! I guess for now i\’ll settle for bookmarking and adding your RSS feed to my Google account. I look forward to new updates and will talk about this website with my Facebook group. Talk soon!|

  • robux generator Jan 9,2021 at 11:53 am

    Greetings! Very useful advice within this article! It is the little changes that produce the most important changes. Thanks a lot for sharing!|

  • fortnite skin generator Jan 8,2021 at 1:41 am

    Hello everybody, here every person is sharing these familiarity, so it\’s good to read this blog, and I used to pay a visit this web site daily.|

  • Nick Penland Jan 7,2021 at 5:23 pm

    Really good information, thank you very much for posting

  • Noel Guasp Jan 3,2021 at 4:10 am

    What information technologies could we use to make it easier to keep track of when new blog posts were made and which blog posts we had read and which we haven’t read? Please be precise.

  • fortnite skin generator Dec 31,2020 at 2:33 am

    I am really impressed with your writing abilities and also with the layout for your weblog. Is that this a paid topic or did you customize it yourself? Anyway stay up the excellent high quality writing, it is rare to see a nice weblog like this one nowadays..|

  • افلام كرتون Dec 30,2020 at 12:28 pm

    I know this if off topic but I\’m looking into starting my own blog and was curious what all is required to get setup? I\’m assuming having a blog like yours would cost a pretty penny? I\’m not very web smart so I\’m not 100 certain. Any tips or advice would be greatly appreciated. Many thanks|

  • Burt Dekine Dec 30,2020 at 2:34 am

    Greetings from Carolina! I\’m bored at work so I decided to check out your website on my iphone during lunch break. I love the information you provide here and can\’t wait to take a look when I get home. I\’m amazed at how fast your blog loaded on my mobile .. I\’m not even using WIFI, just 3G .. Anyhow, excellent site!

  • Tobias Longoria Dec 28,2020 at 4:37 am

    What\’s up, everything is going sound here and ofcourse every one is sharing information, that\’s in fact fine, keep up writing.|

  • Jonnie Pikus Dec 28,2020 at 1:32 am

    Hi there great website! Does running a blog like this require a large amount of work? I have no expertise in coding but I had been hoping to start my own blog in the near future. Anyway, should you have any suggestions or tips for new blog owners please share. I understand this is off topic but I simply had to ask. Kudos!|

    • Chinedu David Dec 29,2020 at 9:24 am

      Checkout here on our blog. We have articles that explains how To Start successful blogs.

  • Kaci Renzullo Dec 26,2020 at 6:30 pm

    Very good site, thanks a million for posting

  • https://fortniteaccount.8b.io Dec 25,2020 at 12:51 am

    Hi there! This is my first comment here so I just wanted to give a quick shout out and tell you I truly enjoy reading through your blog posts. Can you suggest any other blogs/websites/forums that go over the same topics? Thanks for your time!|

  • Lynell Tanzosch Dec 14,2020 at 3:35 am

    hello!,I like your writing very so much! percentage we be in contact more about your post on AOL? I require an expert in this area to resolve my problem. May be that is you! Having a look forward to see you. |

  • Dot Ochal Dec 13,2020 at 4:16 am

    Nice blog here! Also your site loads up very fast! What host are you using? Can I get your affiliate link to your host? I wish my website loaded up as fast as yours lol|

  • Genesis Crystals Hack Dec 12,2020 at 12:04 pm

    Excellent post. I used to be checking continuously this blog and I\’m inspired! Extremely useful info particularly the final part 🙂 I deal with such information much. I was seeking this particular info for a long time. Thank you and good luck.

  • League of Legends Wild Rift hack Dec 12,2020 at 1:06 am

    Fantastic post however , I was wanting to know if you could write a litte more on this subject? I\’d be very thankful if you could elaborate a little bit further. Appreciate it!|

  • War Robots Gold Generator Dec 11,2020 at 10:37 am

    What\’s up Dear, are you actually visiting this web site daily, if so then you will absolutely take pleasant know-how.|

Leave a Reply

Login