Alejoc:
Yes it is.... If you know your onions

polimaf:
Jumia, Konga, Olx spends heavy on advertisement, and have high operational cost. well, it will be wise if he can set up office in a less operational base like taxify and what Uber presently are doing now, he will enjoy the benefits.

besides, what is he bringing in to change the game? is he following the bandwagon? if he is, then he should forget it

ikihealthplus:
one needs advertisement to create awareness,, even Uber and taxify also do advertisement too

Wilfredpat22:
Advertise on tv frequently on 4 dstv stations and 4 local stations. 2 for radon and 2 for newspapers.

IG sponsored Ad
Facebook ad
Twitter trend will boost it in a Matter of 2months

polimaf:
Besides, ecommerce is huge. which is he targeting?

B2b, b2c, p2p classified... shared economy model? etc

ikihealthplus:
b2c

ikihealthplus:
A friend wants to invest heavily in xx millions of naira but I told him to hold on and do some research on its profitability and sustainability because big Giants like olx, jumia and Konga recorded losses last year due to a couple of factors. So friends in the house, I need your input so my friend doesn't invest ignorantly. Is it wise engaging in e-commerce in Nigeria? What are the challenges and can it be overcome? Mods..lalasticlala please bring this to front page

polimaf:
Uber and Taxify doesn't spend as much as Jumia does... according to an Insider, he told me Jumia spend $4M annually in Nigeria alone...

ednut1:
Money down the drain loading. Many nigerians buy from aliexpress and other foreign sites. Not much diff u can provide

eworker:
Yes. What a man can conceive, a man can belief. And what a man can belief, a man can achieve.

kokomaster3d:


Guy chill

Alibaba started after amazon, ebay and walmart and all these ecommerce are doing similar thing. There is nothing new under the sun. What matter is being innovative and how you serve your customers.