E-commerce business is one of the surest ways of making money in Nigeria as we speak, the accessibility of about 80million citizens of Nigeria to the internet with a population of about 180million people, has contributed immensely to the success of E-commerce business in Nigeria.

E-commerce business gives room for starting small and growing from there. You don’t have to think of having a huge startups fund like Jumia or Konga before starting and running a successful E-commerce businee in Nigeria.

How does E-commerce Business works in Nigeria?

E-commerce commerced when the used of electronic data was introduced in the 1960s. The word eCommerce means selling online.

Types of E-commerce Business and their Features

In Ecommerce business, we can have business to business (B2B) type of business, where transactions takes place between businesses. We can also operate Business to Consumer (B2C) where business transactions are between business and the final consumers. It is also possible to operate Consumer to Consumer (C2C) type of E-commerce business where business transactions are between the consumers themselves. When individuals alike exchanged goods and services between themselves online via a third party platform like OLX or JiJi

Also, eCommerce business operates when an individual renders his/her services to companies which can be referred to as Consumer to business (C2B) type of E-commerce business. Another form of eCommerce business happens between businesses and the government where private companies can be providing services to the government or public administrations called Business to Administration (B2A) form of eCommerce business. Another form of eCommerce business is when individuals alike render their services to the government which can be referred to as Consumer to Government (C2G) type of eCommerce business.

E-commerce business can take any form, it all boils down to selling online. You don’t really have to start with big amount before recording success.

Ecommerce business involves creating a website around a particular business idea. Remember, most of the transactions are done online. Once you have a business idea and your Ecommerce website, integrated with a payment gateways is ready, then you are good to go. You can refer to my previous article on how to create an eCommerce website/online store with wordpess and woocommerce or you can simply get a custom store or a third party web buider like shopify or bicommerce.

In other to operate a successful eCommerce business in Nigeria, it is important to follow some procedures;

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