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What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? - Business - Nairaland

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What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? by iykbethany(m): 11:32am On Sep 23, 2022
I'm conducting a research that I want everyone to get involved. At the end of this research there will be a 100k giveaway. So to qualify you must participate in this research. 10k for 10 winners / participants.

In Your Opinion, what are the top 5 best selling or Hottest Selling Items / products in Nigeria in 2022?

Don't rush to post / comment as this is open till September 25, 2022. Make sure you think and research b4 posting. Look around your house and neighbourhood you could find the answers there.

Your submission should look like this
Name: Ike
Submission Date: September 23, 2022.
Top 5 Hottest Selling products in Nigeria are..

#Iykbethany #iykAnthony #iykanthonyfoundation
Re: What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? by Zee0007: 3:45pm On Sep 23, 2022
Name: ZEE

Submission Date: September 23, 2022.

The top 5 Hottest Selling products in Nigeria are:

1)Smartphones: According to the Statista report in 2022, Nigeria, African most populous black race has about 10 to 20 percent smartphone users. Although, the majority of its mobile users are still using feature phones which offer basic phone functions like voice calling.

Currently, the newly released iphone14 is the leading smartphone in Nigeria. Although Chinese manufactured smartphones such as Tecno, Itel, redmi, and Infinix are also holding strong positions in the market.

According to Counterpoint, smartphone sales in Nigeria increased by 91% in 2022. This clearly shows that Nigerians are demanding this product.

2) Beauty Accessories: When you mention "beauty", you will find most Nigerians there. Ladies always and will always want to look good and take care of themselves. The market is flooded with beauty accessories. According to Euromonitor 2022, the value of Nigeria’s cosmetic retail sales grew by an average of 14.5 per cent and added hundreds of billions of naira to the economy.

The sector recorded a turnover of N1.034 trillion in 2021 with mass beauty/personal care controlling 45.5 per cent or N470 billion in absolute figures.

These statistics show the high demand for cosmetics in Nigeria. At the locals, many beauty shops have an array of beauty and skin care products. 8 in every 10 Nigerians have a beauty cosmetic at home. In 2022, the turnover has increased and the demand keeps going high.

3) Fashion: An average Nigerian always loves to look good for the cameras. They are so conscious of what they wear and who they wear. According to the Executive Director, Nigeria Export Promotion Council (NEPC), Dr Ezra Yakusa, the fashion sector alone presently accounts for 37 per cent of e-commerce revenues in Nigeria’s economy. This revelation points out that there is an increasing demand for clothes in Nigeria.

Also, most Nigerians always seek to wear what celebrities wear. This singular attitude has made them try more outfits.

4) Foodstuffs: Food items are the core of every Nigerian home. According to the National Bureau of Statistics (NBS) 2022, Imported food inflation in Nigeria rose to a 5-year high of 17.94% in August 2022 and has consistently increased for the past three months. They further added that 85% of every Nigerian uses their income to purchase foodstuffs.

Foodstuffs like Rice, flour, Crayfish and beans will always be found in a typical Nigerian home. No matter the harsh economy, food items will always be in demand because it is the basic unit of life.

5) Cooking Gas: With the advent of cooking gas, the archaic kerosene stove has moved into extinction. About 70% to 85% of Nigerians have cooking gas in their home. Everyone wants to get and fill their cooking gas.

According to the latest market report, a kg goes for 800naira and Nigerians can still afford it. More are still buying as of today and the market is willing to accommodate more.

In conclusion, these are the most trending products in Nigeria as of 2022.

I hope I win the prize money. kiss

Thanks.

6 Likes

Re: What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? by ezeknov(m): 4:50pm On Sep 23, 2022
Name: Ezekel

Submission Date: September 23 2022...

The top Five hottest selling product based on my experience with my locality are:

1. Fashion Products:
This is Proudly second to NONE!!!. Who would want to wear shabby or old fashioned clothes in Naija? Of course!. No one!.

The STRANGE looks of your neighbors or friends will make feel you've committed a very great crime. In fact it will reset your fashion mindset by 100%.

From Suit to Native wears, then to Dress, Wrappers (hanko not too familiar ) , to swim clothes for women, Nigerians can not do without wearing good clothes.

That's why the average Nigerians spend money on fashion products even if the money is not AVAILABLE, we readily settle for The famous "Okirika" clothes.

"At least we no dey carry last" my neighbor will say.

There are many HOT selling fashion wears out there but to mention just a few products:

From

• Shoes: Many Nigerian youths will smile when you mention the word PAM. A average Nigerian youth will understand that.

• Sandals: most students in basic schools will need new sandals every term.

We also have...

• Slippers (rubber)
• Singlets
• Necklaces
• Shirts

2. Baby Products
Baby products are another high in demand products in Nigeria.

Do know that there is a 10% probability of the population of babies to be twins in Nigeria? Yes!!!.

Nowadays, Nigerian parents now take the appearance and looks of their babies SERIOUSLY...

That's why it's now securing it second place as the HOTTEST selling products in Nigeria. The TOP selling babies products ranges from:

• Diapers
• Baby food
• Baby clothes
• Baby toiletries

3. Phone products

There are major reasons why the phone products is consistently securing it third place as One of the HOTTEST Products in Nigeria

One, There is almost no youth that does not possess a phone in Nigeria in fact There is no youth that can't do without a phone.

Two, it's one of the business that can make you a millionaire if taken seriously...

There are Hot phone products that are commonly bought in Nigeria. We have:

• IPhones
• Tecno Phones
• Redmi phones
• Itel phones
• Xiaomi phones
• Huawei phones

4. Phones Accessories Products

Seriously, I've not seen any individual who has a phone but no Charger �.... Have you? Of course NOT!!! Except he own before then it got spoilt and makes an easy and a-must decision of getting another.

In fact it's now seen as a fashion trend.

A guy told me "if you get Iphone 13 and you no con get Charger and air pod, eh! Ebi like say You no well...how person go rush buy soup ingredients...come house... no get stove!"

I laughed.

There are high in demand product for phones accessories, they are:

• Chargers
• Airpod
• Screen guard protectors
• Power banks

5. Computer Products

Computer products are also in demand products but not too HOT like the previous once. But it still on demand because many Nigerian youth are interested in learning some digital skill or the other and to practice it so as not to forget.

It can be in demand for various work like typing of documents and designs in many cafes in Nigeria.

You can imagine the numbers of cafes ONLY in lagos...talk more of the 36 States.

Hence it's undoubtedly the fifth HOT selling product... We have:

• Laptops
• Tablets
• Desktop
• Computer Systems.


In conclusion, this are the TOP 5 HOT SELLING Products currently in Nigeria.

Pls note that this is based on my research in my locality.

Thanks.
Re: What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? by Alexxx2000: 7:09pm On Sep 23, 2022
Name: Victoria Alex

Submission Date: September 23 2022

The top Five hottest selling products in my community, Nigeria are:

1) Phones. Almost everyone in my community has a phone which they use to surf the internet.

2) Sweater and Umbrella. Oooh, my gosh! Due to the incessant rainfall, everyone is patronising the Sunday sweater market to get thick sweaters to beat the cold. Also, umbrella goes with the sweater. While buyingbthe sweater, they opt for umbrella as well to curb unforeseen rainfall.

3) Clothes. Mama Uchenna is indeed flowing in money as I type this missive. You need to see the bale of clothes she order from Lagos and sells at a giveaway price in my community. The number of customer she has amass still surprise me. I really envy her. How I wish I have money to venture into this as well.

4) Power bank. Due to the epileptic power supply in my community, everyone is buying oriamo power bank. The megawatz is helpful in times as this. Almost everyone is looking for how to get one as I type. The demand is very high.

5) Cars. They say the economy is in shambles but the number of cars in my street keeps increasing. Can you imagine! The Electrician at Affa street just bought a brand new nissan. You needed to see it. It was glittering like a diamond. Many more are saving to get theirs. The demand for cars is increasing in 2022.

These are the top five trending product in my community and it's environs.

N:B my opinion was based on my community and state observations.
Re: What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? by isaiah4life(m): 7:24pm On Sep 23, 2022
Name: Isaiah

Submission Date: September 23, 2022.

The top 5 Hottest Selling products in Nigeria are:

1) Cooking Gas

2) Power Bank

3) Phone

4) Cars

5) Bread


Hot sales for these products is currently on.
Re: What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? by Promicah: 7:43pm On Sep 23, 2022
Thread of lies

2 Likes

Re: What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? by mrsage(m): 8:23pm On Sep 23, 2022
Good
Re: What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? by Rosaline5000: 6:54am On Sep 24, 2022
Name -- Rosaline5000

Submission Date-- 24 September 2022

The Top 5 Hottest selling products in Nigeria are

1) Phones and accessories

2) Fashion items

3) Cosmetic product

4) Health and wellness products

5) Food and groceries
Re: What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? by DrDeuce: 11:52pm On Sep 26, 2022
Re: What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? by Zee0007: 10:25am On Sep 27, 2022
Any update? embarassed
Re: What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? by Sirchiboy: 1:42pm On Nov 10, 2022
Name -- sirchiboy

Submission Date-- 10 November 2022

The Top 5 Hottest selling products in Nigeria are

1) Clothes/Footwear

2) Food items

3) Drugs/cosmetics

4) Phones/Gadgets

5) Books
Re: What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? by Homeyfav: 6:09pm On Jun 07, 2023
Rosaline5000:
Name -- Rosaline5000

Submission Date-- 24 September 2022

The Top 5 Hottest selling products in Nigeria are

1) Phones and accessories

2) Fashion items

3) Cosmetic product

4) Health and wellness products

5) Food and groceries

We have reviewed some of these products listed here.
Re: What Are The Top 5 Best Selling Or Hottest Selling Items / Products In Nigeria ? by Ford01: 9:04am On Dec 16, 2023
In the dynamic landscape of consumer preferences, identifying the top 5 best-selling or hottest selling items demands a keen understanding of market trends. From innovative tech gadgets to timeless fashion pieces, the success of these products often hinges on strategic dieline, box design dielines. These intricate design elements play a pivotal role in capturing consumer attention and enhancing the overall appeal, contributing significantly to the popularity and sales of these coveted items.

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