₦airaland Forum

It's amazing to see the number of patronage the gadget industry enjoys from Nigerians. As such, as a curious business mahn who loves to weigh in on my investments, I will like to know how major phone dealers gets their supplies from major brands.

If you have an idea, please share.

It's a physical market place model. The OEMs through their direct distributors push their goods to customers through Slot. Slot earns a commission off the sales. The OEMs sometimes go direct if they have a registered presence in the country.

With this model, Slot does not tie down its capital in product purchase for retail. They would however need to offer some form of insurance to the OEMs against theft and fire incidence.

I hope this helps.

Efeman1:
It's amazing to see the number of patronage the gadget industry enjoys from Nigerians. As such, as a curious business mahn who loves to weigh in on my investments, I will like to know how major phone dealers gets their supplies from major brands.

If you have an idea, please share.

Hmm... So this is the model they use...
Very helpful. Thanks a lot @bigtt76. Seems this model only opens business windows for big players like slots and underdogs are left to get their supplies only from big players like slot.

I will research the level of insurance and the requirements players like slot needs to meet to earn their place in the game.

bigtt76:
It's a physical market place model. The OEMs through their direct distributors push their goods to customers through Slot. Slot earns a commission off the sales. The OEMs sometimes go direct if they have a registered presence in the country.

With this model, Slot does not tie down its capital in product purchase for retail. They would however need to offer some form of insurance to the OEMs against theft and fire incidence.

I hope this helps.

Efeman1:
Hmm... So this is the model they use...
Very helpful. Thanks a lot @bigtt76. Seems this model only opens business windows for big players like slots and underdogs are left to get their supplies only from big players like slot.

I will research the level of insurance and the requirements players like slot needs to meet to earn their place in the game.

Not only slot. It's applicable to big supermarkets too.

Exactly... Shoprite, Game, Prince Ebaeno and other big stores. Their inventory exposure is very minimal

Kendumazy:
Not only slot. It's applicable to big supermarkets too.

Sure you need not any kain insurance company o! They call them underwriters

Efeman1:
Hmm... So this is the model they use...
Very helpful. Thanks a lot @bigtt76. Seems this model only opens business windows for big players like slots and underdogs are left to get their supplies only from big players like slot.

I will research the level of insurance and the requirements players like slot needs to meet to earn their place in the game.