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Jumia, Konga, Learn From Orijin, Superior Product Beats Adverts - Business - Nairaland

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Jumia, Konga, Learn From Orijin, Superior Product Beats Adverts by hungryboy(m): 5:35pm On Dec 16, 2015
I have been watching the Jumia, Konga business model, and what i discovered was astonishing,
This guys spend nothing less than a million a day on adverts, and truth is this guys are the reason why online advert rates for a developing country like are so high,
Because no matter the rates, as far as you are in Nigeria and you have the views this guys will be ready to pay.
Funny thing is,with all the goggle, facebook, billboard, radio and tv ads, this guys only averaged around 350,000 people who bought at least one product last year,
More people visited my village market to buy one thing or another last year and e no get advert,

From what i gathered jumia losses last year topped $20m plus,
The money the spend on adverts alone is crazy,
Adverts alone doesn't bring in more market.
The should start spending some of that money on better customer satisfaction, more satisfied customers equals more business.
Orijin got so big thanks to the product not adverts

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Re: Jumia, Konga, Learn From Orijin, Superior Product Beats Adverts by frankzone: 6:11pm On Dec 16, 2015
You made a lot of sense
Re: Jumia, Konga, Learn From Orijin, Superior Product Beats Adverts by stevecantrell: 7:31pm On Dec 16, 2015
Blame the venture capitalists. No sane public liability coy would blow so much cash on just commercials.
Re: Jumia, Konga, Learn From Orijin, Superior Product Beats Adverts by ojoyentalk: 6:06am On Dec 17, 2015
Quality speaks louder
Re: Jumia, Konga, Learn From Orijin, Superior Product Beats Adverts by Owobobrown(m): 6:36am On Dec 17, 2015
You are making sense they are just dumb to see it, madam give this young man 2bottle of orijin
Re: Jumia, Konga, Learn From Orijin, Superior Product Beats Adverts by hitz: 6:15pm On Feb 10, 2016
There are other silent hitters that won their market share through quality.

Aboniki is one of them

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