Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by akigbemaru: 8:19pm On Feb 07, 2018 |
IbnIbrahim: Let’s face the fact- we, human beings love shopping. Everybody enjoys new kinds of stuff - from shiny new shoes to the latest sophisticated gadgets. Who wouldn’t like an upgrade from iPhone 6 to iPhone 7? Or who wouldn’t want to wear that new design everyone's talking about?
Formerly, shopping is done physically. You’d have to go to the market (or boutique, supermarket, auto dealership) and buy what you need. You’ll also do a lot walking, sweating, and sometimes swearing (in some local tongue) over the price of goods.
Technology is, however, changing things. With the internet, you can now buy new stuff and have it delivered to your doorstep - at the push of a button on your iPhone 7.
As a result, e-commerce has evolved over the years globally, meeting people’s need effectively and efficiently. In the US and Europe, e-commerce is thriving and plays an important role in everyday life. However, this isn’t the case in Nigeria and most parts of Africa. These are the reasons why:
1. Low internet Penetration and network unavailability
This is a major problem all over Africa. Internet penetration isn’t at a stage that will favour e-commerce. Also, internet connection isn’t always available due to several reasons. How would you order for those hot pants on Jumia if you can’t even access the internet? This is killing business. For everybody.
2. Trust issues with Nigerians
There’s this thing among Africans- we don’t have the courage to trust each other, let alone internet companies. There’s a scepticism among online shoppers. Most people would hardly offer to pay for goods up front. We often opt to Pay on Delivery, and then send the messenger back, with one excuse or the other.
Apart from this, a larger percentage of Nigerians don’t trust e-commerce firms to deliver the goods they promised online. A beautiful red robe, when delivered could look like an ugly red apron, and this damages the trust between consumer and e-commerce firms, hindering the business from flourishing as it should.
3. Low Purchasing Power
Times are hard and the masses are complaining. The purchasing power of the average African man is low when compared with his American counterpart. The income of the average Nigerian doesn’t allow much allocation for shopping, either physical or online. A hungry man doesn’t look for money to shop online, his primary objective is to quench his hunger. Shopping will come afterwards- if there’s enough money left.
4. Unfavorable Business Climate/Government Regulations
It’s not easy to establish or run a business in Nigeria, and the World Bank can attest to this. According to Tony Elumelu (CEO, Heirs Holdings, Transcorp, UBA, etc) Nigerian laws are too stringent for businesses to run smoothly. There’s an enormous amount of trouble (and bureaucracies) to face when trying to register a business in Nigeria, and once that’s done, there’s a huge amount of tax to pay too.
Apart from these, the cost of running a business in Nigeria is unusually high. Expensive power and transportation costs have negative impacts on e-commerce businesses, making business hard and tardy.
5. Poor Infrastructure
Nigeria still lacks adequate infrastructure to ensure timely delivery of ordered packages. You could order for the latest Tecno tablet and longer than the stipulated time for it to arrive. At the moment delivery is efficient only in select places in Lagos, Abuja and Port Harcourt.
Until these issues are addressed, e-commerce won’t thrive in Nigeria or Africa as it should. It will require a considerable amount of cooperation between stakeholders, government and Nigerians for the business to flourish.
Lalasticlala dominique
http://www.hotproforum.com/topic927.html |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by macino1(m): 8:29pm On Feb 07, 2018 |
You are very correct especially with number 2 & 3. |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by Nobody: 9:15pm On Feb 07, 2018 |
MIKOLOWISKA:
What stops you from playing the politics No infrastructure no vote, simple Which govt in the world develops economy. It's the citizens that develop economy. Better stop waiting for govt and enter farm and factory Then let the citizens stop paying taxes, instead let so government start paying taxes to the citizens since they don't want to develop the Nigeria with all our resources they stealing. |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by MIKOLOWISKA: 9:27pm On Feb 07, 2018 |
Jolar101:
Then let the citizens stop paying taxes, instead let so government start paying taxes to the citizens since they don't want to develop the Nigeria with all our resources they stealing. you wan go jail abi? Getting annoyed will not solve anything. You either play politics or continue suffering and smiling |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by Nobody: 9:47pm On Feb 07, 2018 |
MIKOLOWISKA: you wan go jail abi? Getting annoyed will not solve anything. You either play politics or continue suffering and smiling That's the reason I'm voting out all these analog grandpas and grandmas who are only interested in stealing taxpayers money to give their children the best they could think of. It is time to start voting in youths into government to put all that they studied many years in schools to good use. Any youth fail to deliver in three to four maximum years, we votes him/her out. And try another one till Nigeria become digital nation. Then all former oldest politicians can retire to consultancies for their private businesses. |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by MIKOLOWISKA: 9:53pm On Feb 07, 2018 |
Jolar101:
That's the reason I'm voting out all these analog grandpas and grandmas who stealing to give their children the best they could think of. Is that not what responsible gramps should do? It is time to start voting in youths into government to put all that they studied many years in schools to good use.
bankole Bello in kogi Far-ouk lawan SemiNateRI Ibim Reno omokri Are all youths No be by age Any youth fail to deliver in three to four maximum years, we votes him/her out. And try another one till Nigeria become digital nation.
Then all former oldest politicians can retire to consultancies for their private businesses.
which business Their business is politics |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by FrankLampard: 9:56pm On Feb 07, 2018 |
eezeribe: I prefer shopping on Amazon and Aliexpress than Konga and Jumia... We still have a long way to go in this country;we have not even started... We are still 'priming' our engines. how do you get your item delivered in Nigeria |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by Silvermoney: 9:57pm On Feb 07, 2018 |
NnamdiN: you forgot the stupid idiottts that abuse the whole thing because they pay on delivery...
Big ups to konga(zinox) for cancelling that shhit.
Jumia needs to man up and do the same, let the online space be left for serious people only. You're talking from the perspective of a store owner or associated stakeholder. But what about paying before delivery and then one rubbish that is different from what was advertised is delivered to you? Then you complain and seek a refund but it takes eternity. Because the company has your money, they feel they have the luxury of doing shakara for you. These are the fears many Nigerians have, and these are very valid fears. As long as these kinds of issues remain rife, then pay before delivery would never work. Simple. It's just like how you try to withdraw your money at an ATM, you're debited, but the money doesn't come out. And then it takes weeks or even months in some cases to get your money back. That's a bitter experience that nobody can tolerate. So yeah, it's really a two way thing. A systemic problem in Nigeria where nothing works. 1 Like |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by Nobody: 9:59pm On Feb 07, 2018 |
MIKOLOWISKA:
Is that not what responsible gramps should do? bankole Bello in kogi Far-ouk lawan SemiNateRI Ibim Reno omokri Are all youths No be by age
which business Their business is politics Your aforementioned list above, what elected positions were they apart from Bello in Kogi? As for that of Bello, he needs to be replaced with another youths. Is he the only youth in Kogi? |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by MIKOLOWISKA: 10:04pm On Feb 07, 2018 |
Jolar101:
Your aforementioned list above, what elected positions were they apart from Bello in Kogi?
As for that of Bello, he needs to be replaced with another youths. Is he the only youth in Kogi? how old are you? Speaker of house of representatives Kogi governor House of reps member that put $600000 inside cap Former information commissioner of rivers state at 31,now she is nddc chairwoman Former social media aide to Jonathan and PDP |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by NnamdiN: 10:09pm On Feb 07, 2018 |
Silvermoney:
You're talking from the perspective of a store owner or associated stakeholder. YES
But what about paying before delivery and then one rubbish that is different from what was advertised is delivered to you? Then you complain and seek a refund but it takes eternity. Because the company has your money, they feel they have the luxury of doing shakara for you. These are the fears many Nigerians have, and these are very valid fears.
Valid fears, I agree, however the big guys (Jumia and Konga) take these issues seriously, refunds or replacements are guaranteed withing 7 days Except the customer's claims are not valid.
As long as these kinds of issues remain rife, then pay before delivery would never work. Simple. Already working on konga, no more POD
It's just like how you try to withdraw your money at an ATM, you're debited, but the money doesn't come out. And then it takes weeks or even months in some cases to get your money back. That's a bitter experience that nobody can tolerate. So yeah, it's really a two way thing. A systemic problem in Nigeria where nothing works. |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by wg01: 10:12pm On Feb 07, 2018 |
Sorry but this is another useless article from someone that does not know or understand an issue coming online to make a comment. Next thing is send me a PM to see how you can make money online. Some of us that own and manage eCommerce businesses knows the biggest problem is NIGERIA IS NOT READY FOR ONLINE BUSINESS. Name one company thats doing well in the industry that has made the money it invested back. Unfortnetely Nigerians just go online to read gist, watch movies and chat. Having a website or a blog in not an online business. 1 Like |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by lobell1: 10:34pm On Feb 07, 2018 |
IbnIbrahim: Let’s face the fact- we, human beings love shopping. Everybody enjoys new kinds of stuff - from shiny new shoes to the latest sophisticated gadgets. Who wouldn’t like an upgrade from iPhone 6 to iPhone 7? Or who wouldn’t want to wear that new design everyone's talking about?
Formerly, shopping is done physically. You’d have to go to the market (or boutique, supermarket, auto dealership) and buy what you need. You’ll also do a lot walking, sweating, and sometimes swearing (in some local tongue) over the price of goods.
Technology is, however, changing things. With the internet, you can now buy new stuff and have it delivered to your doorstep - at the push of a button on your iPhone 7.
As a result, e-commerce has evolved over the years globally, meeting people’s need effectively and efficiently. In the US and Europe, e-commerce is thriving and plays an important role in everyday life. However, this isn’t the case in Nigeria and most parts of Africa. These are the reasons why:
1. Low internet Penetration and network unavailability
This is a major problem all over Africa. Internet penetration isn’t at a stage that will favour e-commerce. Also, internet connection isn’t always available due to several reasons. How would you order for those hot pants on Jumia if you can’t even access the internet? This is killing business. For everybody.
2. Trust issues with Nigerians
There’s this thing among Africans- we don’t have the courage to trust each other, let alone internet companies. There’s a scepticism among online shoppers. Most people would hardly offer to pay for goods up front. We often opt to Pay on Delivery, and then send the messenger back, with one excuse or the other.
Apart from this, a larger percentage of Nigerians don’t trust e-commerce firms to deliver the goods they promised online. A beautiful red robe, when delivered could look like an ugly red apron, and this damages the trust between consumer and e-commerce firms, hindering the business from flourishing as it should.
3. Low Purchasing Power
Times are hard and the masses are complaining. The purchasing power of the average African man is low when compared with his American counterpart. The income of the average Nigerian doesn’t allow much allocation for shopping, either physical or online. A hungry man doesn’t look for money to shop online, his primary objective is to quench his hunger. Shopping will come afterwards- if there’s enough money left.
4. Unfavorable Business Climate/Government Regulations
It’s not easy to establish or run a business in Nigeria, and the World Bank can attest to this. According to Tony Elumelu (CEO, Heirs Holdings, Transcorp, UBA, etc) Nigerian laws are too stringent for businesses to run smoothly. There’s an enormous amount of trouble (and bureaucracies) to face when trying to register a business in Nigeria, and once that’s done, there’s a huge amount of tax to pay too.
Apart from these, the cost of running a business in Nigeria is unusually high. Expensive power and transportation costs have negative impacts on e-commerce businesses, making business hard and tardy.
5. Poor Infrastructure
Nigeria still lacks adequate infrastructure to ensure timely delivery of ordered packages. You could order for the latest Tecno tablet and longer than the stipulated time for it to arrive. At the moment delivery is efficient only in select places in Lagos, Abuja and Port Harcourt.
Until these issues are addressed, e-commerce won’t thrive in Nigeria or Africa as it should. It will require a considerable amount of cooperation between stakeholders, government and Nigerians for the business to flourish.
Lalasticlala dominique
http://www.hotproforum.com/topic927.html That trust issue can be taken care off by using an online escrow service for any transaction. A reliable escrow service builds trust in ecommerce. There is one such escrow service and it's called the Nigerian ebay. See link below and in my signature. |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by seuncyrus(m): 10:34pm On Feb 07, 2018 |
Silvermoney: I agree. I use both Jumia and Amazon affiliate marketing programs for two of my sites and the Jumia one is just laughable. You'd see 50 clicks and just one purchase. Meanwhile for the Amazon one, I typically get an average of 3 purchases per 10 clicks. I've even seen 10 clicks and 8 purchases, on Amazon.The same products, the same call to action with Jumia, but vastly different purchasing behaviour.
I guess most Nigerian Internet users are broke or unwilling to part with their money. It's a big problem. Wow, please on average how much do you earn on every purchase made through your affiliate link |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by Nobody: 11:40pm On Feb 07, 2018 |
BoboKush:
Aw long does it take aliexpress to deliver item If you want it fast within a week then the shipping charge will be high. But if you want cheap or free shipping then be patient enough to wait like one month. |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by Krafty006: 2:24am On Feb 08, 2018 |
trust issues, at least I can attests to this, 90% would always think the person on the other side is likely a scammer, I don't blame them though......for your quality custom made shoes: 0-8-1-8-1-6-6-3-6-1-6. |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by fikitooria(f): 2:43am On Feb 08, 2018 |
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Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by oyejohn: 3:24am On Feb 08, 2018 |
Silvermoney: I agree. I use both Jumia and Amazon affiliate marketing programs for two of my sites and the Jumia one is just laughable. You'd see 50 clicks and just one purchase. Meanwhile for the Amazon one, I typically get an average of 3 purchases per 10 clicks. I've even seen 10 clicks and 8 purchases, on Amazon.The same products, the same call to action with Jumia, but vastly different purchasing behaviour.
I guess most Nigerian Internet users are broke or unwilling to part with their money. It's a big problem. Can we talk pls drop your WhatsApp number sir thanks |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by BoboKush(m): 4:32am On Feb 08, 2018 |
Ontarget:
If you want it fast within a week then the shipping charge will be high. But if you want cheap or free shipping then be patient enough to wait like one month. Alright thanks |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by TheAlchemist: 9:16am On Feb 08, 2018 |
Silvermoney:
You're talking from the perspective of a store owner or associated stakeholder. But what about paying before delivery and then one rubbish that is different from what was advertised is delivered to you? Then you complain and seek a refund but it takes eternity. Because the company has your money, they feel they have the luxury of doing shakara for you. These are the fears many Nigerians have, and these are very valid fears. As long as these kinds of issues remain rife, then pay before delivery would never work. Simple.
It's just like how you try to withdraw your money at an ATM, you're debited, but the money doesn't come out. And then it takes weeks or even months in some cases to get your money back. That's a bitter experience that nobody can tolerate. So yeah, it's really a two way thing. A systemic problem in Nigeria where nothing works. Let me add to your list, or when you buy a virtual top up card for your phone and mistakenly enter a greater amount than planned.... when you try to get the error corrected, that is when you will tossed like yo-yo between your bank and the telecom firm. Every one is out to scam you one way or the other. The banks could have designed their mobile banking app to prevent such errors but like the LASMA officials that pray for you to mistakenly enter a one way traffic.... All your plea that there was no sign to show it is one way would fall on deaf ear. Most Banking mobile app have been designed with such hidden intentions to scam their customers. 1 Like |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by Nobody: 9:26pm On Feb 08, 2018 |
MIKOLOWISKA: how old are you? Speaker of house of representatives Kogi governor House of reps member that put $600000 inside cap Former information commissioner of rivers state at 31,now she is nddc chairwoman Former social media aide to Jonathan and PDP
Objection. Your ranting lacks facts about former social media aide to former president GEJ. As one chairing NNPC, and the speaker of House of Representatives in whose party and government are they? I am inviting you to join us to let votes out those are not performing and votes in another competent new youths. As has been in voting for all these corrupt oldest politicians. Until Nigerians get it right digitally and economically with fresh and vibrant youths all over Nigeria. We have been reading of Nigerian youths making first class in economy in various universities home and abroad. Can you name one of these corrupt analog politicians that have ever made history in improving economy academically and politically? |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by Nobody: 9:28pm On Feb 08, 2018 |
MIKOLOWISKA: how old are you? Speaker of house of representatives Kogi governor House of reps member that put $600000 inside cap Former information commissioner of rivers state at 31,now she is nddc chairwoman Former social media aide to Jonathan and PDP
Objection. Your ranting lacks facts about former social media aide to former president GEJ. As for the one chairing NNPC, and the speaker of House of Representatives in whose party and government are they? I am inviting you to join us to let votes out those are not performing and votes in another competent new youths. As has been in voting for all these corrupt oldest politicians. Until Nigerians get it right digitally and economically with fresh and vibrant youths all over Nigeria. We have been reading of Nigerian youths making first class in economy in various universities home and abroad. Can you name one of these corrupt analog politicians that have ever made history in improving economy academically and politically? We youths need to figure out how to trust ourselves more than how these corrupt old politicians are trusting themselves in deciding not to develop Nigeria for Nigerians. |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by MIKOLOWISKA: 9:40pm On Feb 08, 2018 |
Jolar101:
Objection. naturally Your ranting lacks facts about former social media aide to former president GEJ.
you go school so google meaning of rant As one chairing NNPC, and the speaker of House of Representatives in whose party and government are they?
seriously which school? nddc not nnpc she was ifo commish at 31 plus 8 years she should be in her 40s now i won't even bother about the hor talk since clearly you,re too young to remember
I am inviting you to join us to let votes out those are not performing and votes in another competent new youths. As has been in voting for all these corrupt oldest politicians. Until Nigerians get it right digitally and economically with fresh and vibrant youths all over Nigeria.
the youth are just as incompetent as their elders i don't vote foolishly for age tribe or religion but on track record
We have been reading of Nigerian youths making first class in economy in various universities home and abroad. Can you name one of these corrupt analog politicians that have ever made history in improving economy academically and politically?
who their first class epp soludo was a first class soyinka and gani fewehinmi were third class so your argument doesn't hold water no be by certificate certificate just shows you can follow orders not hat you can think for yourself
We youths need to figure out how to trust ourselves more how these corrupt old politicians are trusting themselves in deciding not to develop Nigeria for Nigerians.
i don't trust any fool who bases his trust on age |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by Nobody: 10:25pm On Feb 08, 2018 |
MIKOLOWISKA:
naturally
you go school so google meaning of rant
seriously which school? nddc not nnpc she was ifo commish at 31 plus 8 years she should be in her 40s now
i won't even bother about the hor talk since clearly you,re too young to remember
the youth are just as incompetent as their elders i don't vote foolishly for age tribe or religion but on track record
who their first class epp soludo was a first class soyinka and gani fewehinmi were third class so your argument doesn't hold water no be by certificate certificate just shows you can follow orders not hat you can think for yourself
i don't trust any fool who bases his trust on age Thanks for admitting your incompeteness as a youth. You are just a sycophant but you won't agree with me. If you are incompetent as your elders, other youths are NOT. |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by MIKOLOWISKA: 1:39am On Feb 09, 2018 |
Jolar101:
Thanks for admitting your incompeteness as a youth. You are just a sycophant but you won't agree with me.
If you are incompetent as your elders, other youths are NOT. i am not a youth and i wish you were right but ewe have interviewed your likes and found you all wanting |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by Nobody: 11:49am On Feb 09, 2018 |
MIKOLOWISKA: i am not a youth and i wish you were right but ewe have interviewed your likes and found you all wanting How did you all found them wanting if you all are not wanting You are on Internet forming self righteousness of scams gullible people. We have came across you and your types we found you all as cheaters and liars. Are these not corruption? We youths are not corrupt it is elderly people in government that corrupting the system they have no idea of how to operate. |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by MIKOLOWISKA: 8:00pm On Feb 09, 2018 |
Jolar101:
How did you all found them wanting if you all are not wanting You are on Internet forming self righteousness of scams gullible people. We have came across you and your types we found you all as cheaters and liars. Are these not corruption?
We youths are not corrupt it is elderly people in government that corrupting the system they have no idea of how to operate. ok vote for youth and find out the hard way |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by Nobody: 9:32pm On Feb 09, 2018 |
MIKOLOWISKA: ok vote for youth and find out the hard way All these times elderly people/politicians have been voted into government, what good thing is there to point at if not corruptions upon corruptions. |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by MIKOLOWISKA: 9:35pm On Feb 09, 2018 |
Jolar101:
All these times young people/politicians have been voted into government, what good thing is there to point at if not corruptions upon corruptions. |
|
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by Nobody: 10:15pm On Feb 09, 2018 |
[quote author=MIKOLOWISKA post=64930942][/quote] You see yourself? |
Re: 5 Reasons Why E-commerce Is Not Thriving In Nigeria As It Should by MIKOLOWISKA: 10:20pm On Feb 09, 2018 |
Jolar101:
You see yourself? macron was installed by godfathers he is there to socialise france and kill the economy see yourself socialism has never worked in russia china cuba vietnam germany or north krea |