You can make some extra money by just flipping products online.  That is, you buy things cheaper from markets and sell for a profit online. although you need a good knowledge of digital sales and marketing to sell online, knowing how to source products is important.  Here are the popular Lagos markets to explore

  1. Ojota chemical market. Popular for perfume oils, soap-making chemicals, plastic bottles and containers
  2. Ebute Ero Market: Popular for souvenirs, kitchenware
  3. CMS Market: Hair extension, groceries
  4. Tom Jones: Jewelry, wristwatches
  5. Agegunle boundary market: Books
  6. Yaba market: Second-hand clothing
DIY paint-extra money

Ojota Chemical Market

This market is located at the Ojota bus stop on the same side of the expressway as the MRS petrol station.

Popular items sold in the market

  1. Perfume oils. A lot of online retailers are selling for twice the average store prices.
  2. Plastic bottles, jars, and other packaging containers: Which you can resell to other entrepreneurs or use for your product packaging
  3. Skincare ingredients. Chemicals for making skincare products
  4. Chemicals for making household disinfectants and cleaning agents
  5. Paint: You can make and customize your house paint. This is by far the most fascinating for me. I love the fact that there are vendors that produce quality house paint at a better price than what you will find at the paint stores. I made some satin paint for my room. 

 

lagos market-extra money

Lagos Island Market

This is a large market trading various items from clothes and hair extensions to medications and medical devices. There are several markets in Lagos Island

Ebute Ero Market

You can buy party souvenirs, kitchen tools and appliances, towels, flasks, dinnerware, and water bottles. Printing services are also available within the market so it’s a one-stop place for party souvenir vendors.

CMS Market

Hair extensions

If you are interested in buying hair extensions, there are distributors in the market that sell in bulk, and a lot of people shop at those stores. A lot of Instagram sellers claim that they import their hair but in reality, a lot of small scale vendors buy locally.  These guys offer good prices and you can inspect what you want to buy before you pay.

Groceries

I buy imported groceries from this market for my hamper business.

Makeup products:

Kuddy Cosmetics is a key seller here. Like any market in Lagos, you run the risk of buying fake; experience is the best teacher.  Despite this challenge, this market still serves thousands of retail businesses in the country.

Tom Jones (Nnamdi Azikwe Street)

There is an area of the market called Tom Jones and this is where to buy wristwatches and jewellery. It’s further down the street from the Lagos central mosque.

Perfume

I was told that there are a few stores that sell authentic products, and people generally buy from them. Again the Lagos island market is one of the key markets in Nigeria. This market accounts for billions of Naira in daily commercial transactions.

Ajegunle (Boundary) Market

If you are interested in reselling books, then you should check this place out. Books are hot items too, despite the belief that Nigerians don’t read.

Yaba Market

All thrift fashion items, bedroom essentials and sportswear. FYI, Sportswear and vintage fashion items are always hot items for flipping.

Also worthy of note is the Trade fair market in Alaba.

My sister shops there and I hear it’s a great place for hair, cosmetics, home improvement items, and electronics.

So, these are my recommendations for sourcing products for resale.