How to Launch a Profitable Gadget Importation Business

24th June, 2025
7 Minutes
Transactions • Virtual Cards • Finance • Payments
How to Launch a Profitable Gadget Importation Business
Written by
Obasi Kanu
Obasi Kanu
Digital Marketer
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Let’s be honest… we all know at least one person who started “selling gadgets” and now somehow drives a better car than their boss. They’re the ones whose WhatsApp stories look like a tech store. Always posting: “New stock just landed.” “UK-used iPhones available.” “Smartwatches going for 125k.” And the comments would be Full of “DM price,” “Still available?”, and “Can I pay on delivery?”

At first, you assume it’s hype. Then you notice something: they’re always restocking. Always posting new gadgets. And they seem to never run out of customers.

The truth is… The gadget importation business is one of the most underrated, low-barrier, high-profit hustles you can start, even with as little as ₦50,000 to ₦100,000… and if you do it right, you can scale it up to six figures (in dollars) in just a few months.

But First… Why Gadgets?

Let’s face it, gadgets are no longer a luxury in Nigeria. They’re a necessity.

  • Phones are tools for work, school, and survival.

  • AirPods aren’t just for music… they’re for Zoom meetings and voice notes.

  • Smartwatches… People buy them now more for fitness and aesthetics than time.

  • Bluetooth speakers, power banks, chargers… name it.

And because people use them every single day, there’s always demand.

Even in this “hard” economy, someone somewhere is still buying:

  • A second phone to run their POS biz

  • An Android to register for JAMB

  • A used iPhone because they want “clear camera”

  • A smartwatch to look sharp at a wedding

All you need to do is position yourself where they can find you… and make sure you’re selling the right gadgets at the right price.

So… How Do You Start?

Let’s break it down like you’re planning it with your best friend on a long bus ride home from work in Lagos traffic.

Step 1: Choose What to Sell (Don’t Overthink This)

This is where most people get stuck…trying to figure out “the perfect product.”

Here’s the truth: you don’t need to sell everything. Start small. Pick 2-3 gadget types that:

  • Are in high demand

  • Are light and easy to ship

  • Have a good profit margin

  • Don’t spoil easily

Examples:

  • Wireless earphones (AirPods, Galaxy Buds, Oraimo, etc.)

  • Used/refurbished iPhones or Androids

  • Phone accessories (power banks, chargers, fast cables, Bluetooth speakers)

  • Smartwatches (especially budget ones with premium looks)

Check what your peers are buying. Check WhatsApp. Go on Jiji or Instagram. See what’s trending. Start there.

Step 2: Find a Trusted Supplier Abroad

There are 3 major options:

1. AliExpress / Alibaba / 1688

These are Chinese marketplaces where you can find cheap and reliable gadgets. But you’ll need a procurement agent if you’re using 1688 (as it’s in Chinese), and you have to factor in shipping times (2–4 weeks).

2. US or UK Websites (Amazon, eBay, Walmart)

This works great for used/refurbished gadgets, especially phones. Some sellers even give warranties. You’ll need a US or UK shipping address, which you can get through a freight forwarder.

3. Personal Contacts Abroad (Plug things)

If you have friends or family abroad, this is your best bet. You can start small, test items, and scale with fewer risks.

Wherever you buy from, make sure:

  • The gadgets are genuine 

  • The shipping method is reliable

  • You have clear photos and descriptions

Pro Tip: Always test with a small quantity first before buying in bulk.

Step 3: Handle Payment Without Stress

This is where most people give up… international payments.

You try to pay with your naira card, and boom: “Transaction failed.” Or worse, your card works once, then gets blocked. That’s why many importers now use Myaza.

With Myaza, you can:

  • Create a virtual USD Mastercard

  • Fund it with naira or crypto

  • Pay for gadgets on Amazon, eBay, AliExpress, 1688, Walmart, etc.

  • Use your card on PayPal, Shein, Temu, and other platforms

No more begging people abroad or getting stuck mid-payment.

Step 4: Ship Your Gadgets to Nigeria

Shipping is what turns this hustle from small-time to full-time. You need a fast, reliable freight forwarder who:

  • Can receive your goods in the US, UK, or China

  • Ships to Nigeria weekly or bi-weekly

  • Charges fair per-kg rates

  • Delivers within 5–10 working days

You can find some of them on Twitter, Instagram, or Telegram groups. Just check reviews before choosing one.

Step 5: Market Like a Beast

You don’t need a website to start. Here’s what you need instead:

  • A clean Instagram page

  • Consistent WhatsApp status updates

  • A Telegram group (for loyal buyers)

  • Simple graphics or videos to showcase your products

  • Word of mouth (referrals from friends and family)

People buy what they see…so show them.

Use phrases like:

  • “Fresh stock just landed from the UK.”

  • “Limited pieces available.”

  • “Selling out fast.”

  • “Free delivery if you order today.”

  • “Payment on delivery available in Lagos.”

You can also offer bonuses like:

  • Free earphones with every phone

  • ₦500 off first purchase

  • Giveaway after 10 sales

The key is to keep your name on their minds. Consistency is what builds trust.

So… How Much Can You Really Make?

Let’s say you start with ₦100,000.

You use ₦30k to buy 3 smartwatches at ₦10k each. You ship them for ₦5k. Total cost: ₦35k.

You sell each for ₦20k. That’s ₦60k.

₦60k - ₦35k = ₦25k profit. Do this twice a month? That’s ₦50k monthly. Scale to 10 units? ₦250k monthly. Start adding phones…That’s six figures in view.

It grows quickly. Especially if you reinvest your profits.

This Hustle Isn’t Always Smooth

You’ll face:

  • Delayed shipments

  • Broken gadgets

  • Buyers who ghost after saying “I’m interested”

  • Payment gateway drama

  • People pricing your ₦30k speaker at ₦7k

But that’s business. That’s why profit exists…to reward your risk.

If you stay consistent, build trust, deliver quality, and market smartly… you will grow.

Ready to Start?

Here’s what you need to do today:

  1. Decide what gadget(s) you want to start with

  2. Create your free virtual dollar card on Myaza

  3. Buy your first sample(s)

  4. Find a good shipping plug

  5. Create a clean IG or WhatsApp business page

  6. Start talking about your products like you already own the market

Don’t wait till you feel “ready.”

The same way people are cashing out from gadgets…you can too.

This hustle is one of the most profitable in Nigeria right now…with the right tools and mindset, you don’t need millions to get started. Just your phone, some small capital, a working payment method, and consistency.

Now that you know all this…

What are you still waiting for?

Open your Myaza app. Create your dollar wallet. Get your card. Place your first order.

And start that gadget business that could change your story.

Want to join us?

Get started in three
easy steps

Setting up Myaza is easy. Follow the steps below to get started.

1
Find the Myaza app

Find the Myaza app in the App Store (for Apple devices) or the Play Store (for Android devices) or you can use the Web app (for Desktop devices). You can search for the app or follow a link to the app's page.

2
Install Myaza app

Install the app on your device by tapping the 'Install' button and waiting for the download process to complete. Depending on your device and internet connection, this may take a few minutes.

3
Register/Log in

Once the app is installed, launch it and register for a new account or log in to your existing account to access all of the features and benefits of Myaza.

Answered Questions

Questions? We got
answers!