Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,151,548 members, 7,812,750 topics. Date: Monday, 29 April 2024 at 06:38 PM |
Nairaland Forum / Nairaland / General / Business / Jumia, Konga, Learn From Orijin, Superior Product Beats Adverts (1049 Views)
Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It / How To Make N150,000 Monthly From Your Jumia/konga Store / Learn From My Experience On Fiverr (2) (3) (4)
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 1 Like |
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 |
(1) (Reply)
Starting Phone Accessories Business / Ten Businesses That Can Strive In The Current Bad Economy / Diamondbank May Be Bankrupt; Disengages 400staffers Cannot Affort To Payentitles
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |