₦airaland Forum

Nice one

I celebrate you sir!

You thought me almost all the truth I know today about God!

You have brought the knowledge of God to millions around the world.

You are strengthened this day and always to achieve more for God in Jesus Name.

+234

Happening right now.

Please keep clear of 3rd main land bridge going to obalende.

Happening after Adeniji.

wontiboje:
Jumia, Rocket Internet's eCommerce group in Nigeria and Africa has just released its 2016 half year consolidated result showing the company recorded a net loss of EUR35.4 million within the period.

When compared to its net loss recorded in last year, the company has managed to reduce its loss by 19%. In the first half of 2015, the company recorded a net loss of EUR43.7 million.

Also on the topline, Jumia's revenue also fell by 56%. With the first half of this year, net revenue was EUR33.0 million compared to last year when it recorded EUR75.8 million f0r the first half of 2015.

Source: https://pageone.ng/2016/09/22/jumia-35-4-million-loss/

Jumia has themselves to blame for their lame business strategy. I have been a buyer and a seller on the platform up to early this year.

As a customer: Unlike Konga, Jumia ensures that buyers do not have access to the real sellers. I have returned an item which I thought was faulty because I did not know much about the product and the Jumia customer service agreed with me it was a fault out of ignorance. I went to offline shop to buy same item which was not anything different from the one returned to Jumia.
This has led to unnecessary huge returns. Who bears the loss, the seller...

As a seller: Since you are not allowed to see your customers information, you only pray the customer understands the items you are selling as no one can explain your goods better than you. The worst is that once customer returns or cancelled an order that has already been shipped, you may never get that item back to you for up to 6 months.
Now, imagine having 20% of your goods in Jumia store for months. Your capital is held hostage, the item may not return the same.

Besides, the penalties and suspensions Jumia met out when you default in such things as late shipping, wrong item sent etc can be very discouraging. The thought they had it all, its beginning to dawn on them and the new entrant in the business are not making things easier for them too.

Please don't blame the present government for this except you have the likes of Konga declare such level of loss.

Whenever businesses are presented to you and you are given a fixed ROI be patient enough to ask how that profit is made by the company or organization.

MMM in my own opinion is a 'rob Peter and Pay Paul' scheme which will manage to exist until there are no more enough Peters to rob and that will be the end!

You are Peter when your money is put into the system and Paul when you get your (money + the interest) back. Be warned that there must be more Peters for few Pauls all the time for the system to continue. The moment the recruitment exercise is saturated, meaning less Peters to match the Pauls, comes the end. The recruitment exercise must continue and expand aggressively into more and more territories to keep the scheme up and running.

An organization that offers no services but will pay you 50% or 100% ROI? It is a total gamble after all they already made it clear its not an investment and you are not guaranteed to make money but HELP.

Whenever businesses are presented to you and you are given a fixed ROI be patient enough to ask how that profit is made by the company or organization.

MMM in my own opinion is a 'rob Peter and Pay Paul' scheme which will manage to exist until there are no more enough Peters to rob and that will be the end!

You are Peter when your money is put into the system and Paul when you get your (money + the interest) back. Be warned that there must be more Peters for few Pauls all the time for the system to continue. The moment the recruitment exercise is saturated, meaning less Peters to match the Pauls, comes the end. The recruitment exercise must continue and expand aggressively into more and more territories to keep the scheme up and running.

An organization that offers no services but will pay you 50% or 100% ROI? It is a total gamble after all they already made it clear its not an investment and you are not guaranteed to make money but HELP.

I will be adding more companies soon...

Xflint:
You forgot to add http://www.nigerianpalace.com

You can include it. Tell us what they do and how they make the money!

millhouse:
Na puini abi punini network marketing u wan advertise

You have issues with Piuni. Let's hear it.

Technology has continued to challenge, define and redefine how businesses make money in the present global space. Technology innovations and the speed with which they happen have brought many traditional businesses either to their knees or constructively destroyed many of them.

Has technology made the business world better or worse?

The answer depends on which side of the divide you find yourself however, it is important to quickly point out the fact that the business world is producing more millionaires and billionaires today than ever experienced in the entire recorded history.

Below is a brief review of 8 interesting service based technology companies as an example to show how businesses make money and impact the business world today and a pointer to the future.

1. Google: Google is today’s most valuable company haven overtaken Apple since February 2016; it is worth $500 billion. Similar to Facebook model, 89% of Google’s $75 billion revenue in 2015 came from ads shown as part of the search results. The 2 major advertising platforms Google has woven into its search engine system that brings this massive revenue are Google AdWords and Google AdSense. Google search engine like Facebook is given to users free however; the money you and I should have been paying has been given to the advertisers to pay. No matter how you look at it we the users are the ones generating the massive revenue.

2. Facebook: facebook has 1.2 billion monthly active users and makes its money majorly from advertising which is over $1 billion per quarter. Facebook is currently worth more than $100 billon. It is obvious that facebook invites advertisers of all sizes however, the target is same which is the ‘likes’ and ‘shares’. Facebook instead of selling its wonderful social media platform (www.facebook.com) service to the users like our traditional businesses has chosen to give it out ‘free’ while passing the average $5.32 per user revenue to its numerous advertisers (Ford, VISA, HSBC, McDonalds, Nestle, Dell, Samsung, etc). How much commission is facebook paying us the ‘workers’ who make the company more than $1 billion per quarter? The answer is obvious.

3. Alibaba: Alibaba holds a world record as the largest IPO ever, worth $25 billion in September 2014. It is a Chinese e-commerce giant best described as fusion of Amazon, eBay, Paypal, and a bit of Google. Alibaba’s original business www.alibaba.com modelled like Amazon, is a trading platform that connects Chinese businesses to international businesses that need Chinese manufacturers but, unlike Amazon, the platform does not keep inventory or participate in logistics. Alibaba makes money from the platform in 2 ways. First, subscription fees charged to businesses that maintain their storefront on the platform and secondly, commission on successful transactions on the platform.

4. Twitter: Twitter earns over 85% of its revenue from advertising which amounted to $277 million in second quarter of 2014. Twitter sells promoted tweets to marketers which eventually appear on users’ timelines. Twitter also places advertisers paid promoted accounts on targeted users “Who to Follow” lists. Twitter also makes additional money through data licensing to data mining companies who have access to all our tweets.

5. Uber: With Ubers cars now operating in more than 140 cities around the world, this multi-billion dollar company fast rise is unprecedented. Uber makes its money primarily by charging commission on each payment made by riders of the cars. In most cases however, the hiring of the vehicle by a customer and the payment is entirely handled by Uber rather than the driver. Uber is currently worth about $66 billion!

6. Ding: Ding formerly known as ezetop is a huge multi-million dollar company doing just one unique business. The company online portal allows you to top up any prepaid phone in over 130 countries with your credit or debit cards. Ding sees over 80,000 transactions everyday and makes money through commission charged to users.

7. Quickteller: Quickteller is a Nigeria owned company doing the top up service similar to Ding only that it operates within Nigeria. Besides, Quickteller also offers few other services like cable/TV subscription, bill (Electricity, Water, etc) payments. This company has grown to become a household name in Nigeria especially among the working class despite the limitations of payment options and lack of global coverage like Ding. Quickteller makes money majorly from charges customers pay each time they use the services.

8. Piuni: Piuni is a new entrant in the game but with very bold, revolutionary and impressive business model. This company offers all services as Ding and Quickteller in that it enables top up of airtime and data bundle purchase in over 140 countries including Nigeria without a charge to the customers. This young multi-million dollar global company newly registered in Nigeria with CAC, supports over 50,000 services and 600 carriers covering Telecom, Health care, e-commerce, transportation, etc. Unlike most of the companies described earlier Piuni business model is such that its profits are shared among the global team of affiliate marketers. By the way, anyone can still sign up as a Piuni affiliate.

Businesses that must not only survive the impact of the ever changing business environment but also excel, must be quick to assess and adapt to the inevitable changes which continues to happen headed by technology.


http://www.yooglo.com

Comments and contributions are welcomed...

ok]

Still available

Buy and drive home.

zazua:
2.0mil.serious buya

Thanks but not okay sir.

Price: 1.950m

Location: Okota

Truck business

Good day

Very good choice

Still available

I'm back

This is still available

Still available

Available

Sold

First thing first. Were you the one in the video?

No. Then channels tv has a reason for the open debate.

Yes. Case closed except you have advert money to buy slot for whatever you want to say.

That's how it works.

First thing first. Were you the one in the video?

No. Then channels tv has a reason for the open debate.
Yes. Case

Sewage and fire service trucks are also available

Its still available

fantastically available

Its a very good offer

Very good choice