₦airaland Forum

lol

Normal thing

Na so dem dey do cat walk? Taaaaaaa

chubbyFred10:
Rubbish I tought is

name on the car abeg

Abeg, move dis info na.

can you chat me up via whatsapp 08132999390

Gino from 40# in PH now 80#.

DealFinder:
It is no longer news that more people are shopping online, considering the benefits of it. One of which is the opportunity of buying products which are not locally available. I've had to ship products using courier services and also waybills to other parts of the country. The most recent is shipping a Giorgio Armani Si perfume to Port Harcourt.

To meet the growing need for online shopping, Ecommerce sites keep springing up on a daily basis, each with its own business model. The 2 prominent that comes to mind are marketplace and retail stores. Both are similar in the way they service the buyers, but different in their operations.

For the sellers, popularly known as the merchants, you can choose either of these 2 business models. I'm aware that Konga runs both, but most are only familiar with their marketplace. For Jumia, there seems to be plans to modify some or all its operations in its retail store.

As an intending or existing merchant, you'll need a model that adequately meets your expectations. Let's consider both of them

Selling on Online Marketplaces

A marketplace is basically where buyers and sellers meet in order to exchange products and services for money. Before the advent of online shopping, we were familiar with markets like Oshodi, Idumota, Ariara etc. The internet has made it possible to design avenues where most activities particular to those markets can equally take place.

The marketplace online is an Ecommerce model where an organization puts up a store, and allows other merchants to register and then sell their products and services, while earning commission on each sale. examples are Konga, kaymu and Dealdey. Lately, Konga has being toying with having merchants pay a monthly fee for selling on their marketplace. Reason given is that its a means of weeding out unserious merchants.

As a merchant, you sign up free. Some carry out some form of verification process, after which you're free to start selling on the platforms. You do not need to understand how operations are carried out, yours is to make sure that you have the exact items you have uploaded on your store.

Advantages of selling on this platform is that the business start up cost for you the merchant is very minimal, almost negligible. You only need to have stock of the items you're selling. And if you're like me, you can also run the modified drop shipping method I disclosed in my earlier thread.

You do not need much technical or IT skills as the major work done is uploading your products. You just need to know how to navigate around the merchant dashboard, and how to resize your product images to suit the different platforms' specifications. This gives you maximum time to focus on sourcing your products, and for those platforms that allow self fulfillment, the time to delivery your products to your buyers.

Marketing of your products are done by the owners of the platforms, so you do not need to invest in online advertising. Another way of saving cost.

This model is very attractive to the merchant in terms of cost, which are largely borne by the platform owners. The only way through which bottom line can be significantly affected is if the merchant keeps getting returned and cancelled orders, and most cases results in damaged packaging of products because of poor handling.

So how much does it cost to start selling on this platform? As much as you have to buy your products. Be sure you can purchase them at lower prices so you can mark up for your profits.

thanks man.

Otiwapa ju. Beautiful.

Thanks to everyone that commented

nice

Thanks

How do I install it pls

opeaceo:
I have and emmm, he is "kinda" trust worthy, but he most time ignores chats which can be frustrating.

How many days to deliver goods?

08132999390. add me op

If you have used them before, Pls share your experience.

na WA o.

adeniyigiyath@gmail.com

Obe ila.

iceberylin:
Same thing on my mind.. The Arena nai dh shame me most

Lol

emmygzy:
Is this what you called beautiful? SMH for you.

Biafra are easily known

When will my UNIPORT look like dis
.
Paid 130 as a year one student and paid 53 as a year two student, ah dey fear my yr3 now sef.
YET NO ENOUGH CLASS ROOM. WELL SHA, WE DEY BOAST OF 24/7 LIGHT SHA

NO SOUTH SOUTH OR SOUTH EAST PERSON SHOULD QUOTE ME O.

Moti mope odewapa, owa fema buga simi, WOJU O.

COOL

Wetin dey for the car head, abeg shey na that light wey dey always dey outside person house

Back then when Ronaldinho mentor was Jay Jay.

Nice outfit.

When Una no wan bribe nko

Thespecialone:
I already told you that all items have not arrived.

Pictures of some of your goods already purchased.

Thanks.

NOTE

If you are buying from multiple sellers, we have to wait till everything arrives. We don't have any control on how fast they ship out.

Bro, abeg u fit give me ur whatsapp number