I thought about starting a thousand Naira store. And I was interested to spot a thousand Naira store called Grab in Ikota Shopping Complex, VGC, Lagos.

Inside I saw all sorts of bargains in the store from kids dolls, to portable light bulbs. But when I got to the perfume section, I notice these were 3,000 naira. When I asked why these were 3,000 naira, the sweet and polite owner told me that when she first opened back in December it was called Grab any item @ N1000, but she was being inundated with requests of getting some perfumes. So she did, but of course she could not sell these at 1000 naira! So she quickly changed her concept to Grab 123 (Discount Store). Smart move to notice what the customers were wanting and adapting whilst still being affordable!

Before I knew it I spent like 5k in the shop. I picked up a kids tutu skirts for only 1,000, which was by the way being sold in other shops for 3,500! Also picked up a lovely perfume and facial wipes. All in all it was happy surprise.

I still might start the store, but I need some feedback if you really think I could succeed with selling all items at 1,000 naira?

sure, Nigerians loveeeee a good bargain and i dont think we have too many of dose in lagos or 9ja for dat matter. but like every oda trading initiative location is key...good source, good brands, good prices, good location = sure hit