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Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria - Business - Nairaland

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Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by johntaiwo123(m): 8:42am On Jun 29, 2016
23-year-old Dairo Damilola Opeyemi who hails from Ibadan, Oyo State is the young Chief Executive Officer of Autofactorng, redefining auto-parts business in Nigeria.

In a country where buyers culturally show an overwhelming distrust of salesmen in the automotive industry, Dairo's innovative platform sells genuine auto- parts at affordable prices and delivers it to client's doorsteps nationwide with warranties on every item sold is no doubt a breath of fresh air to car users.

The young CEO's rise to becoming a nationwide auto- parts supplier in less than a year of establishing his firm is based largely on his passionate ingenuity to provide car users in the country with genuine alternative to both sub-standard and fairly used auto- parts, 'Tokunbo' which overtime leaves buyers cheated and unsatisfied.

After graduating from Bowen University in 2012, where he studied Physics and Solar Energy , Dairo who said he has always had a flare for cars ventured into the automotive industry in Nigeria by providing solutions in the aspect of car body repairs and painting.

"Like every other graduate, the next point of call for me after leaving school is to get a job, but I know there is actually none waiting out there for me. So I went for a three months training in a workshop on car painting and body repair after which I proceeded to doing the business itself and this noble step is what eventually led to the idea of 'Autofactorng'.

Citing that there are about 3 million cars in Lagos alone, Dairo lamented on how worrisome it is to find quality car parts in Nigeria. He explained that he had an experiential knowledge of this problem faced by car owners when he got into the painting and body works business, "to make things worse, some auto-parts dealers will end up telling you that fairly used parts are better than new ones, how possible can that be?" He queried. Dairo continued: "Tokunbo products are not new products, they are sold to users as genuine products which have been used and can never be better than new ones.

To understand this, just Imagine that you are using a year 2002 Toyota vehicle and you want to change the shock absorber and you purchase it it as a tokunbo, that means the part which was manufactured in 2002 has been used probably for 3 years and you are now purchasing it as a product in 2015.

What it means is that the shock absorber is 13 years old. Does it mean it is good or will last long? Where the problem lies for me with fairly used products, 'Tokunbos' is the fact that they are not safe.

The lifespan of fairly used products like that of their sub-standard counterparts can never be compared to getting new products from genuine manufacturers. This is the reason we are in this business to ensure that people get quality services for money spent in the auto market in Nigeria.

Convinced that he has all the know-how needed to transform the auto-part industry, Dairo revealed that he funded his idea with a start-up capital gotten from his personal savings and by sourcing funds from relatives, "believe me, it was not easy, pushing the dream to reality but overtime it paid off", he said. The soft-spoken entrepreneur said his joyous moments ever since he joined the league of business owners come when clients give inspiring testimonies about the quality of service delivery they enjoy from Autofactorng, "We have had several customers who call to say, they will no longer buy parts anywhere else except from Autofactorng, others say the whole idea is revolutionary and besides some companies are already requesting that we send them business proposals on partnerships. " Narrating the challenges encountered starting the business, he said, "One of the predominant challenges we faced was designing the exact website that best answer our audience needs,as well as, offer them more services than what is obtainable in the market."

Also, getting suppliers who stock genuine car parts was equally tasking because hardly can you find a one-stop- shop for all car parts, especially when an average car uses over 30,000 parts. Creating awareness about the website and building trust was also an issue, despite the fact that most car users don't trust their mechanics, they still believe it is better to stay with them than patronize a totally new approach to solving car related problems.

But we have been able to win clients overtime by rendering quality services." Despite his quick success Dairo said he has sustainability plans to keep his business growth. "Apart from taking orders online via very interactive platform, we are looking at having a strong presence offline, building a full blown auto-part store where you can walk in and out with all kinds of car accessories/ parts - fenders, engine blocks, batteries, tyres, etc. Assured that his firm, Autofactorng will in a few years actualise its dream of being the first auto part store in Nigeria, Dairo equally sees expansion into Ghana and other parts of Africa, "we are already getting calls outside Nigeria, most especially in Cotonou & Ghana and we have actually delivered products to Cotonou on several occassions." Asked if he has a special business philosophy or formula, he said; " I believe strongly in the acronym, P.O.P, which stands for Perseverance, Optimism and Positivism, this 3 keys will see a start-up through difficult stages which of course are inevitable in starting up any kind of business."




Source: www.vanguardngr.com/2016/06/meet-young-man-redefining-auto-parts-business-nigeria/

63 Likes 13 Shares

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by Kingsasian(m): 8:54am On Jun 29, 2016
Wow! I am so speechless. Keep it up.

29 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by doyinisaac(m): 9:55am On Jun 29, 2016
This is the kind of news I love to see

13 Likes 1 Share

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by justi4jesu(f): 11:37am On Jun 29, 2016
This is brilliant. smiley

15 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by tommykiwi(m): 11:38am On Jun 29, 2016
Nice one

8 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by Spells(m): 11:38am On Jun 29, 2016
Thumbs up nigga

7 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by Alvinnado(m): 11:38am On Jun 29, 2016
We Nigerian get talent but no body to exploit it,rather is been killed at the early stage

1 Like

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by Nobody: 11:38am On Jun 29, 2016
Booked
Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by carammel(f): 11:39am On Jun 29, 2016
Fine boy

8 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by Opistorincos(m): 11:40am On Jun 29, 2016
Nice one my namesake

3 Likes 1 Share

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by DrObum(m): 11:40am On Jun 29, 2016
This is commendable unlike some jobless Name Checkers on NL

6 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by M4gunners: 11:40am On Jun 29, 2016
Graduates still sitting at home waiting for office work, can you see.

17 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by solpat(m): 11:40am On Jun 29, 2016
Naija, we are good. Talents everywhere

2 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by Nobody: 11:41am On Jun 29, 2016
I have had this idea for so long now but am still an undergraduate. Oh well
Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by Nobody: 11:41am On Jun 29, 2016
WoW !

2 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by Antarch: 11:41am On Jun 29, 2016

3 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by chapie95(m): 11:42am On Jun 29, 2016
Nyc1....dis d kind of news we need in naija

1 Like

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by Biggiestep(m): 11:42am On Jun 29, 2016
good air

1 Like

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by mployer(m): 11:42am On Jun 29, 2016
What is the big deal here?
Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by Biggiestep(m): 11:42am On Jun 29, 2016
good air sir

1 Like

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by blackbartee(m): 11:43am On Jun 29, 2016
This are the kind of news that should make FP



not


so so so actor/actress pictured with another actor/ actress

or

so so so actor/actress shares a photo of herself in a cute smile




meanwhile






Brilliant
Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by bumi10(m): 11:43am On Jun 29, 2016
Am so overwhelmed with joy when I heard this news and I will urge you to keep it up.

is really amazing how someone dreams can become someone else reality if you fail to act fast enough.

8 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by lekhane(m): 11:43am On Jun 29, 2016
Freiden:
Booked
between u and that boy, abeg who senior undecided
And u r here booking space cry

1 Like

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by letsbet(m): 11:44am On Jun 29, 2016
Nice one Bro. wish u success.

1 Like

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by colossus2: 11:44am On Jun 29, 2016
mployer:

What is the big deal here?
sad

15 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by Akinola660: 11:44am On Jun 29, 2016
Wow amazingly wonderful shocked

[img]http://i./nj0k2dDx4YAgg.gif[/img]

2 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by DropShot: 11:45am On Jun 29, 2016
Proudly 5 Percenter.

2 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by Nobody: 11:46am On Jun 29, 2016
saw Auto Parts
came to check name.
.
.
.
And I'm disappointed for once.

2 Likes 1 Share

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by raphok1(m): 11:48am On Jun 29, 2016
there are so many treasures in YOU reading this. Take ur time and think THEM OUT. Take it by force. THIS guy is MOTIVATION. I think its time we took a break and THINK.

6 Likes

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by complet: 11:48am On Jun 29, 2016
Nice one my Inlaw,proud of you, The Lord will continue to stand with you,cheers

1 Like

Re: Dairo Damilola Opeyemi Redefining Auto-parts Business In Nigeria by bapsjuninho(m): 11:49am On Jun 29, 2016
tensazangetsu:
I have had this idea for so long now but am still an undergraduate. Oh well

Nawa oo, Nigerians. And being an undergraduate stopped u? Haven't u heard about a patent?

1 Like

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