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The Risks Of Selling On Konga And Jumia - Business (2) - Nairaland

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Re: The Risks Of Selling On Konga And Jumia by winkmart: 7:17am On Jul 06, 2016
Category1:
I blame the dullard president
smh
Re: The Risks Of Selling On Konga And Jumia by pointstores(m): 7:20am On Jul 06, 2016
u use add banner on nairaland
Re: The Risks Of Selling On Konga And Jumia by Nobody: 7:20am On Jul 06, 2016
iMerchant:


Yes, The marketplace have a reputation to protect and in the processing of protecting the marketplace, they make it a better place to do business.

They have invest huge sum of money in building the brand and customers acquisition so they will not allow [b]A ME TOO SELLER [/b]looking for quick profit to damage their name and customers's satisfaction.

Yes, as merchant using the platform you have to abide the policies guiding the marketplace but the honest trust is, those policies are usually in one direction and in favour of the marketplace.

You will get bad reviews based on many things. Your store rating is affected when a customer cancel order in your store, please is that the seller's fault. If your store drop, your store visibility and sales drops. If the marketplace is your primary source of revenue what happen to your business in such situation?

Is it your fault a buyer cancel his/her order before you ship?
Is it the marketplace fault?
Why did your store rating drop based on some outside your control and influence?

Just a food for thought.

Happy Sales BOSS
Let me help you here, from a colustomers point of view, I have made los of purchases via konga.com and I have also returned so products especially when the advertised product is different from what gets delivered.
Or I once had a situation where the deliver led product looked tardy, cheap and different from what was advertised.

Franky alot of merchants are to blame! Their quick money mentality ends up affecting these businesses.

For a merchant to succeed simply
1. Make sure you advertise exactly what you are selling.
2. Make sure your advised products are standard and of good quality not tattered packagings
3. Don't try to sell fake products

1 Like 1 Share

Re: The Risks Of Selling On Konga And Jumia by Peacefulgold(m): 7:20am On Jul 06, 2016
Tanx for d info..
Re: The Risks Of Selling On Konga And Jumia by comeandmarry: 7:20am On Jul 06, 2016
No site like Ebay,Amazon,and King of kings of all sites Craigslist.All these so called jumia,konga sell complete fake substandard items by using fake internet shopped images from other global sites to advertise on konga.com,jumia etc.
If you want to buy quality goods,go to aliexpress.com

Very mature site,where they sell fake and original.
The good thing is you can select fake from original, not like konga and jumia Dat sells mostly cheap Chinese products.
Nigerians be wise,very soon eBay will give nigerians the chance of shopping on their server,by then una go see quality original for cheaper value, not here where imagine I see chinko home theater for 30k on konga.com ,d same home theater wey dem dey sell for 9000. Imagine 21k difference for chinco home theater.
Ppl feel say konga and jumia no dey sell fake,uurrh you gork yourself. Na konga sell fake pass.
Re: The Risks Of Selling On Konga And Jumia by maverickdude(m): 7:21am On Jul 06, 2016
Category1:
I blame the dullard president

1 Like

Re: The Risks Of Selling On Konga And Jumia by maverickdude(m): 7:21am On Jul 06, 2016
Category1:
I blame the dullard president
itz too early for this angry
Re: The Risks Of Selling On Konga And Jumia by onatisi(m): 7:22am On Jul 06, 2016
iamjayboss:
You have said it all, i sell on these platforms too
all the points the op made are pointless and holds no water . If those points are valid then ebay and co wont even be in existence .why will any entrepreneur be afraid of competition ,when to be successful you need to be a step ahead of your competitors
Re: The Risks Of Selling On Konga And Jumia by orlaryhincah(m): 7:23am On Jul 06, 2016
Nice one.
Re: The Risks Of Selling On Konga And Jumia by lifezone247(m): 7:24am On Jul 06, 2016
vivaobi:
how does one now sell online because me sef no really send jumai,dealdey, kaymu and the likes of them.

Now tell me, which platform can one use to sell online
nairaland
Re: The Risks Of Selling On Konga And Jumia by onatisi(m): 7:26am On Jul 06, 2016
Category1:
I blame the dullard president

Re: The Risks Of Selling On Konga And Jumia by alhabie(m): 7:27am On Jul 06, 2016
iMerchant:


Hmmmmmm, 3 whole day adverts with no single sales. By my estimate, that is like 15 grand drain.

We need to chat on bbm. Will chat you up later maybe tommorrow after my deliveries.

Boss,
I will be happy to see you put me through advertising when you are less busy.

1 Like

Re: The Risks Of Selling On Konga And Jumia by hahn(m): 7:29am On Jul 06, 2016
onatisi:

The pay on delivery is the best system for the Nigerian market considering the peculiar nature of Nigerians . But it can be modified to also protect the seller too.

E-commerce was not built on the foundation of pay on delivery. That is a Nigerian thing because we do not have trust for ourselves.

The best products to sell online to the Nigerian market are services and subscriptions. I have been enjoying less fuss since I switched from products to services. cool
Re: The Risks Of Selling On Konga And Jumia by onatisi(m): 7:34am On Jul 06, 2016
hahn:


E-commerce was not built on the foundation of pay on delivery. That is a Nigerian thing because we do not have trust for ourselves.

The best products to sell online to the Nigerian market are services and subscriptions. I have been enjoying less fuss since I switched from products to services. cool
we are both saying the same thing. I said it is the " best for the Nigerian market considering the peculiar nature of the Nigerian market", if you remove pay on delivery you will be amazed at the number of complains that will erupt from the buyers but like I said it can be modified to accommodate both the buyer and the seller ,at the moment now it is tilted in favour of the buyer

1 Like

Re: The Risks Of Selling On Konga And Jumia by just2endowed: 7:50am On Jul 06, 2016
NAIRALAND should have been the best place to market a product or service. I enjoyed selling my original memory cards I got from dubai stores for more than 3 years with lots of great review, but unfortunately, a mod that finds nothing good in good reputation delist my thread without a clear cut on what I did wrong. I file a complaint and mail this mods, there was no rules in nairaland I violated but he feels my thread of almost 3 years old should be close down based on selling copyright materials and offering after sales service of giving free movies and Android games

I took the pain of opening another thread for my memory card, and decided not to include that I be transferring free movies and Android games to the cards, but he still delete my thread .
I sell original SanDisk I get from SanDisk stores in dubai and the mods and Seun thinks am selling fake. Thank God I sell on jiji dot ng and my establishment on nairaland base on customer reviews had made my sells be base on customers referrals all over Nigeria.

My powerbank Is still selling hot though here. I just pray another ban doesn't come from seun mods.
Re: The Risks Of Selling On Konga And Jumia by bigiyaro(m): 8:09am On Jul 06, 2016
I don't do online shopping o, if i want something, i simply go to the shop, price it well well, test it, pay for it and carry it home, all in the same day. I no dey for hw manage
Re: The Risks Of Selling On Konga And Jumia by ojialo(m): 8:12am On Jul 06, 2016
Uchihaitaci:

Let me help you here, from a colustomers point of view, I have made los of purchases via konga.com and I have also returned so products especially when the advertised product is different from what gets delivered.
Or I once had a situation where the deliver led product looked tardy, cheap and different from what was advertised.

Franky alot of merchants are to blame! Their quick money mentality ends up affecting these businesses.

For a merchant to succeed simply
1. Make sure you advertise exactly what you are selling.
2. Make sure your advised products are standard and of good quality not tattered packagings
3. Don't try to sell fake products
I open a store on Konga they refused to verify me,
Re: The Risks Of Selling On Konga And Jumia by hahn(m): 8:25am On Jul 06, 2016
onatisi:
we are both saying the same thing. I said it is the " best for the Nigerian market considering the peculiar nature of the Nigerian market", if you remove pay on delivery you will be amazed at the number of complains that will erupt from the buyers but like I said it can be modified to accommodate both the buyer and the seller ,at the moment now it is tilted in favour of the buyer

I was not trying to disagree with you smiley
Re: The Risks Of Selling On Konga And Jumia by quest4s: 8:30am On Jul 06, 2016
Nice one poster
iMerchant:
Source - http://www.realmoneyng.com/the-dangers-of-selling-on-konga-and-jumia-marketplace-risks/

Selling on Konga or Jumia is VERY easy. All you need to do is find a product with good demand, list it on Konga or Jumia, and it will eventually sell because their audience and reach are VERY vast.

Becoming a seller on Konga and Jumia is VERY simple and with simplicity comes low barriers of entry which is very bad for any business. There are ton of competition because Konga & Jumia are getting flooded with bunch of me too sellers.

So what are the dangers of selling on Konga and Jumia, if it is very easy to sign up as merchant on the platform and start selling to millions of customers daily?

1. DELAY PAYMENT – They are actually working on improving their payment system but nothing is as good as collecting your money immediately after sales. Jumia pay merchants for successful delivery on a weekly basis depending on your payment day of the week sha whereas Konga credit your wallet after successful delivery and the expiration of your return policy. God save you, you use 30 days return policy.

2. Your product becomes Commodity – Every business must have a unique selling proposition but the moment you register as merchant to sell on any marketplace you will lose your USP. Your product becomes a commodity, every Jack and Jill can also register on the same platform to sell the same products at a cheaper rate. The challenge is, Nigerians are usually price conscious. They will abandon your store for another store with cheaper price for the same product.

3. Competition – Other sellers will copy you in selling the same product. If you happen to be selling a fast-moving products the chance of the platform selling the same products is high. We all want to make money, so if you are using my platform to sell a product and you are making good money, what stop the platform owner from selling the same product. Remember, they are also into the business of buying and selling. We all want to make money and good profit. Just be READY.

4. Pricing War – Marketplace is a battleground. Everyone want to win. Everyone want to sell and make money, so all sellers start a rat race of winning the customers with the cheapest price per product. Some sellers start selling counterfeit or fake product on the platform to beat their competitors in the marketplace to the price game. Buyers ignorantly head towards the cheapest price because they believe they are getting the best deal for the same product.

5. Product Title, Image & Description – Whether you like it or not other sellers will hijack your product listing to sell their products. They will ripped off your product photos and descriptions to list their product on the same platform. To make situation worse, they will be selling at a cheaper rate. So whatever you do, just be ready.

6. Fees & Commissions – The house always wins. The marketplace will always have superior hand over other sellers on the platform if you sell identical products because they will charge you commissions for using the platform. The marketplace (Konga & Jumia) are also in the business of buying and selling products like every other sellers on the platform. Competing with the marketplace owner for the same product on the same platform owned by them will lead you to bankruptcy.

7. Customers – People that buy from your store in the marketplace are not your customers, they belong to the marketplace. The marketplace have their details and can market other products on the platform to them anytime, anyway, anywhere and any day. The marketplace is only lending you their customers to transact business with.

8. Return Products – No seller love to have customers return what they purchase but it happens for several reasons. The customers might change his/her mind because of delay in delivery or for whatever reasons best known to the customer. The dangers of having return products on Konga is that it will affect your store visibilities on the platform whereas on Jumia return products takes FOREVER. You need to fast and pray before you get your return products on Jumia. Make sure you have enough products before you start selling on Jumia or else you are heading out of business.

9. Store Suspension – One of the major risk of selling on Konga or Jumia is that they can delist, suspense or delete your storefront anytime on their platform. If your business depend on the platform 100 percent what happen to your business when they delist or suspense your store.

Moral of the story & Conclusion

Never depend on Konga, Jumia, DealDey, Kaymu, SMEMarketHub or any other marketplace in Nigeria as your primary stream of revenue because your ecommerce business can literally disappear overnight. These companies can close your store on their platform for any reason, including but not limited to complaints of any kind, order cancellation, policy violations that may not be valid or eliminating you as a competitor to make higher profits.

Well, don’t panic yet, starting your ecommerce business there (marketplace) is a good idea because you need to build your brand and your potential customers already trust established brands like Jumia and Konga, so leveraging marketplace platform and brand in building your customer base and online store is a good idea.

You can only get good returns on your investment when you own the platform instead of borrowing it. Owning the platform allows you control your customer unboxing experience.

Source - http://www.realmoneyng.com/the-dangers-of-selling-on-konga-and-jumia-marketplace-risks/
Re: The Risks Of Selling On Konga And Jumia by charlsecy(m): 8:31am On Jul 06, 2016
hahn:
I personally feel that Nigerian marketplaces should apply online payment and cancel pay on delivery. Many clients who insist on pay on delivery end up wasting your time or eventually cancel the order.
Online stores are a still a growing industry in Nigeria. The "Pay on Delivery" is meant to impart confidence to the customers and improve trust.

The first items I got from Konga, I chose "Pay on Delivery." Today, I use KongaPay, which is even a pay-before-delivery option.
Re: The Risks Of Selling On Konga And Jumia by samBlizz(m): 8:38am On Jul 06, 2016
I. Know but it depends on the SME or marketplace this guys are trying their best I work for a markethub I know tha stress involved pls bear things will evolve

1 Like 1 Share

Re: The Risks Of Selling On Konga And Jumia by RiffRaff: 8:44am On Jul 06, 2016
A good example of how your money can disapear into thin air is Traclist.com one of those ecommerce site that has been oweing sellers for more than a year now.


They moved office when the couldn't pay thier sellers and staff. Only God knows what they have done with people's money. Baba ijebu or Nairabet probably.

when you want to sell online better build ur own ecommerce site.

1 Like

Re: The Risks Of Selling On Konga And Jumia by flokii: 8:44am On Jul 06, 2016
Most sellers showcase something else on those platforms buh end up delivering substandard items.

In terms of honesty, we're still behind.. Most people now prefer to see what they want to buy bfor purchase
Re: The Risks Of Selling On Konga And Jumia by Nobody: 8:49am On Jul 06, 2016
Merchant are dubious on this platform, I like shopping on Konga but I only buy what konga is selling not from other merchant on their platform because I don't trust other merchant.
Re: The Risks Of Selling On Konga And Jumia by Boldtrust(m): 8:51am On Jul 06, 2016
Owning your platform is the best. Especially now that building e-commerce sites and interesting payment processors are becoming very easy and cheap. Your can even extend your platform to become multivendor. Believe it or not, the Nigerian e-commerce business is still very much opened to competition despite the rattling of Jumia, Konga and the likes.
Re: The Risks Of Selling On Konga And Jumia by Nobody: 8:56am On Jul 06, 2016
just2endowed:
NAIRALAND should have been the best place to market a product or service. I enjoyed selling my original memory cards I got from dubai stores for more than 3 years with lots of great review, but unfortunately, a mod that finds nothing good in good reputation delist my thread without a clear cut on what I did wrong. I file a complaint and mail this mods, there was no rules in nairaland I violated but he feels my thread of almost 3 years old should be close down based on selling copyright materials and offering after sales service of giving free movies and Android games

I took the pain of opening another thread for my memory card, and decided not to include that I be transferring free movies and Android games to the cards, but he still delete my thread .
I sell original SanDisk I get from SanDisk stores in dubai and the mods and Seun thinks am selling fake. Thank God I sell on jiji dot ng and my establishment on nairaland base on customer reviews had made my sells be base on customers referrals all over Nigeria.

My powerbank Is still selling hot though here. I just pray another ban doesn't come from seun mods.
bro do u sell flash drive too good one, I need it.
Re: The Risks Of Selling On Konga And Jumia by Nobody: 9:00am On Jul 06, 2016
bigiyaro:
I don't do online shopping o, if i want something, i simply go to the shop, price it well well, test it, pay for it and carry it home, all in the same day. I no dey for hw manage
bro that is what I use to say when people are shopping there, but early this year I try shopping there believe me have made my second order . try it u may fall in love with online shopping.
Re: The Risks Of Selling On Konga And Jumia by Stanleywaxy(m): 9:01am On Jul 06, 2016
ReabridCharles:
Jumia scammed ma bro sometime last year.
Delivered a fake product and since then, we kissed online shopping bye bye....

Na Nigeria sha, we always have a way of spoiling good tinz
My brother , the same thing nearly happened to me on Monday .
I was about buying a Techno Camon C8 from a seller on JiJi , never knew the guy was a scammer until he told me to go to the bank and pay in the money for the phone , I had the money with me but knowing how scammers move around these days I didn't even want to try it , he even refused to come and collect the money while bringing the phone .
The rest is just a long story , people are just the ones making bad names for all these online buying/spellings stuffs .

1 Like

Re: The Risks Of Selling On Konga And Jumia by goingape: 9:04am On Jul 06, 2016
just2endowed:
NAIRALAND should have been the best place to market a product or service. I enjoyed selling my original memory cards I got from dubai stores for more than 3 years with lots of great review, but unfortunately, a mod that finds nothing good in good reputation delist my thread without a clear cut on what I did wrong. I file a complaint and mail this mods, there was no rules in nairaland I violated but he feels my thread of almost 3 years old should be close down based on selling copyright materials and offering after sales service of giving free movies and Android games

I took the pain of opening another thread for my memory card, and decided not to include that I be transferring free movies and Android games to the cards, but he still delete my thread .
I sell original SanDisk I get from SanDisk stores in dubai and the mods and Seun thinks am selling fake. Thank God I sell on jiji dot ng and my establishment on nairaland base on customer reviews had made my sells be base on customers referrals all over Nigeria.

My powerbank Is still selling hot though here. I just pray another ban doesn't come from seun mods.
I trust this guy because I once bought something from ya and it is confirm.
Re: The Risks Of Selling On Konga And Jumia by Stanleywaxy(m): 9:06am On Jul 06, 2016
just2endowed:
NAIRALAND should have been the best place to market a product or service. I enjoyed selling my original memory cards I got from dubai stores for more than 3 years with lots of great review, but unfortunately, a mod that finds nothing good in good reputation delist my thread without a clear cut on what I did wrong. I file a complaint and mail this mods, there was no rules in nairaland I violated but he feels my thread of almost 3 years old should be close down based on selling copyright materials and offering after sales service of giving free movies and Android games

I took the pain of opening another thread for my memory card, and decided not to include that I be transferring free movies and Android games to the cards, but he still delete my thread .
I sell original SanDisk I get from SanDisk stores in dubai and the mods and Seun thinks am selling fake. Thank God I sell on jiji dot ng and my establishment on nairaland base on customer reviews had made my sells be base on customers referrals all over Nigeria.

My powerbank Is still selling hot though here. I just pray another ban doesn't come from seun mods.
Bro , we still have scammers on JiJi , they nearly duped me on Monday .
Was about buying a Tecno Camon C8 ...forget , we know how to misuse opportunities in this countries .
I still love JiJi shaa
Re: The Risks Of Selling On Konga And Jumia by ichomi(m): 9:10am On Jul 06, 2016
Informative.....
Re: The Risks Of Selling On Konga And Jumia by mikeoki(m): 9:10am On Jul 06, 2016
debbydee:
The write up says it all. Fine Konga helped me get some customers that added to my bottom line but i had to move the moment i discovered they were so slow in delivering items bought. Secondly customers were no longer serious with the platform. You wont believe i did an advert for 3solid days not even one customer. Never depend on these platform.
You'll get better results on inspiredreporters.com Send a mail to enquiries@globalinspirati.com For as little as #5000/month Your adverts will be everywhere.

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