Buying goods with huge profit margin is a good business idea, but the best way to make steady income from importation business is to buy cheap items that is affordable to common citizen and valuable to everybody, even if the profit margin is not up to 100%, selling them fast and ordering for more would cover up for the profit, compared to having an item with huge profit in stock with nobody to buy it. It’s like hiding the money inside a room, since its value does not appreciate over time.
This article will give an overview of the most selling items in Uganda you can buy at a very cheap price for huge profit.
You need to be aware of certain things before you venture into any business. Learning about that business and getting informed will ensure you do not enter into business crises. If you want to engage in buying and selling in Uganda, for example, you need a good knowledge of items that sell the most in Uganda.
Best Products To Sell In Uganda
1. USB/Flash Drive:
The cost of buying a 2 GB flash drive in Uganda is around $2, on popular Aliexpress of dhgate; you can get quality, and flashy flash drive with nice packaging. Market for flash drive is readily available in Uganda, for student, professionals, businesses, offices, schools e.t.c. That’s because; is among the best products to sell in Uganda.
2. Military Wrist Watch:
Boutique price for quality military watch ranges from $10 to $20, this watch are hot cake and are used by both males and females, for those that cannot afford gold plated Rolex, military watch is the next option. You should also consider this on the best products to sell in Uganda.
3. Power Bank and Solar Charger:
It’s no news that Uganda is suffering from epileptic power
supply, this can be used to your business advantage, since there are smart phones everywhere and their battery are known to run out very fast. This makes it necessary for smartphone users to find a way of backing up their battery until they’re able to recharge it.This is one item that sell fast in Uganda.
4. Synthetic Hairs:
Ladies love fashion, as they spend an unimaginable amount of money to ensure they look good, part of their fashion item includes synthetic hair, ranging from Brazilian hair to Peruvian hair and different types of extension, the cost of purchase for these hairs in Uganda is very high and the market is readily available, especially to hairdressers and fashion stores, even among your friends and colleagues.
5. Make up Kit:
Eight of ten ladies use make-up before leaving their house every day, that’s to give you an insight into how huge the market size is, there are various make up kit on wholesale price for less than $10 and they can be sold for more profitable price in Uganda.
The entire idea of buying cheap and selling fast in Uganda is to find items that would appeal to Ugandans, with affordable price for average citizen, doing your research diligently would open up a huge client base for your importation business.