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Speakdatruth's Posts

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European Football (EPL, UEFA, La Liga)Re: Chelsea Vs Aston Villa (2 - 0) On 17th October 2015 by Speakdatruth: 4:40pm On Oct 17, 2015
I bin dey doubt dis match before. at least I can breathe
PoliticsRe: I’m Running Lagos N3bn Less Than Fashola Did – Ambode by Speakdatruth: 9:48pm On Oct 08, 2015
IyaIode:
He is working in ikotun, ipaja, ayobo and epe
stop typing rubbish
CelebritiesRe: Sean Tizzle Replies Basketmouth After He Said He Does Not Like Sean Tizzle(pic) by Speakdatruth: 5:41pm On Sep 19, 2015
LesbianBoy:
Very classless and immature reply! I hate ungrateful bastards! The FOOL should know that money is not everything! He shouldn't have accepted basketmouth's help, if he knew he would still charge him so high when he is called upon for basketmouth show.
what is he saying? huh
LesbianBoy:
Very classless and immature reply! I hate ungrateful bastards! The FOOL should know that money is not everything! He shouldn't have accepted basketmouth's help, if he knew he would still charge him so high when he is called upon for basketmouth show.
what is he saying?
GamingRe: Video Games Graphic Evolution: Then And Now. by Speakdatruth: 10:30pm On Aug 30, 2015
RickRichards:
Technology is just great. It'll probably kill us all off, but it's still great! grin
na only u technology go kill
RomanceRe: When She Says No by Speakdatruth: 4:48pm On Aug 27, 2015
EroticAngelina:
so girls are too desperate go say no to a marriage proposal dat when they say no, it bkums a huge deal? undecided

I seriously dnt know wat guys want!!??! when a girl is urging them into marriage, they say we too desperate! when we nt ready to marry them or tell them no, they say we too proud! wat do u guys want from us??!?
what's she sayin?
RomanceRe: Man Disrupts Girlfriend's Class In UNIJOS To Propose To Her (photos) by Speakdatruth: 10:47pm On Aug 26, 2015
HitlerGaddafi:
If I be the lecturer, those students don fail my course.
say d guy carry your wife?
WebmastersRe: 10 Powerful Secrets Of Successful Bloggers Exposed! by Speakdatruth: 11:54am On Aug 20, 2015
a lot for blogging already
Car TalkRe: Locally Fabricated Shuttle Bus From Unizik(photos) by Speakdatruth: 9:08am On Aug 19, 2015
kikilove:
Nice. I hope it can be driven to d gate, at least before everything falls off cheesy grin
wikid grin
CrimeRe: Police Kill Two Robbery Suspects In Gun Battle In Delta State (Graphic Pic) by Speakdatruth: 9:05am On Aug 19, 2015
rest in peace
BusinessRe: E-commerce And Retail Business In Nigeria. Experience,challenges & Prospect. by Speakdatruth: 1:58am On Aug 19, 2015
anuforo:
I really appreciate PhonesNgadets, hippinnacle, Speakdatruth and others for their insightful and encouraging words in their comments to my post. I also would like to go ahead to ask, Supposing one opens an online shop, you get an order and the items are also available, how do you ship them in Nigeria here in such a way that the shipping cost does not discourage your buyers. Thank you. Expecting like before your generous answers.

=Speakdatruth post=37066434]to help a little more, jumia never had d products dey posted on their website, they never had a store also until d one they're building now.
1) every manufacturer wants quick sale, so dey visit dem, check on d products, strike a quantity deal, dey put dem on web as though dey have it (indirectly dey do) bombard d air wit advert, people order and it's a win win
2) run affiliates if u gat huge prospects (put some people on d run for ur online store)
hope dat add up
I think PhonesNgadets wud answer beta
left for me, b4 we became 'big' we couldn't afford courier fees considering our No Shipping Fee stamp on products. i must say dat attracted lots of buyers to us from oda competitors. so how did we push tru?
2 tins did it for us.
1. for dos buyers within reach, I turned my car to a delivery cab/van or whatever name. at a time d logo was printed on it sef. lol
2. for dos buyers out of reach, I struck a deal with motor park drivers going to does states. den I had 5 faithful drivers, dey collect little fee depending on item, I made friends wit dem n we were like brodas at sum point. so early in d morning I go 2d park, find out which one of dem is loading or about to load, give him (dey are always careful, dey know d deal already) with address n dats all while I track both d buyer n driver tru phone. dat was d zero beginning but now, there are 2 courier companies on standby for shipping either 24hrs or 3day
CrimeRe: 2 Okada Snatchers Nabbed, Beaten To Death And Set Ablaze In Abuja (Graphic Pic) by Speakdatruth: 5:49pm On Aug 18, 2015
jungle justice is evil
WebmastersRe: Confused: How Do Bloggers Receive Money From Ads? by Speakdatruth: 3:03pm On Aug 18, 2015
bastien:
what good will it do if I lie? Smh




Why not quote me with the truth
Google is majorly after d numbers of ur pages n if not adult rated
WebmastersRe: Confused: How Do Bloggers Receive Money From Ads? by Speakdatruth: 2:44pm On Aug 18, 2015
bastien:
Linda ikeji didn't host her blog, she is still running .. if u host your blog the chance of getting adsense is low
u can lie
BusinessRe: E-commerce And Retail Business In Nigeria. Experience,challenges & Prospect. by Speakdatruth: 1:46pm On Aug 18, 2015
phonesNgadgets:
@speakdatruth and @HeelsEmpire,
Your posts are really great and I as an individual is really learning from it. It's good keeping an eye on the bigwigs. These pieces will get one prepared of challenges and developments lying ahead. While we keep a tab on the big names, it's necessary to also work with the would be big names too smiley

I'll share more of my experience today, but I have to respond to correspondence before I continue where I left. Thank you so much for coming here.
I think we kip learning, just as I've spread my mat here since yesterday grin
I saw u mentioned logistics, one could easily have said he's gone pass d stage but u realized dat some things do reoccur. some times plans fail n u work with plan b or c, some delivery could be emergency (with additional cash though) meeting up earns us more trust. u see some big buyers, crossed his legs in his office n say he needs an item tomorrow morning of course u gat to meet up. it's part of shifting grounds. dos 3/7 day delivery period is not for everyone at least not big or regular buyers. maybe dis d first I'm opening up as I'm here always here to fool around grin
pls share more of your experience.
BusinessRe: E-commerce And Retail Business In Nigeria. Experience,challenges & Prospect. by Speakdatruth: 1:26pm On Aug 18, 2015
HeelsEmpire:
Nice analogy about the celebrity and the punch in the face. I hope you don't beat women though? tongue

Glad you're having a perfect marriage with your investors. Good luck!
lol. I'm a lovely man. thanks
BusinessRe: E-commerce And Retail Business In Nigeria. Experience,challenges & Prospect. by Speakdatruth: 8:28am On Aug 18, 2015
HeelsEmpire:
Hi SpeakdaTruth,

No doubt, you seem to know quite a bit about the Nigerian e-commerce space. But, I felt the need to chime in on your claims below about these companies being in debt.

Not sure what kind of deal the big "K" (you should know who.. Lol) has with it's investors, but the last time I checked, they got $25 million in funding. That's a whole lot of money to spend out here in Nigeria. I really don't want to go into details, but except their burn rates and churn rates are somewhere around 20% quarterly, I think they're doing just fine. Like you already know, the big "K" and "J" aren't stocking up on most of their inventory, that's why you see an approximate 7days delivery time on most products on their website. But, Hey! I just might be wrong. The biggest cash flow hog for any ecommerce store is usually holding stock.

If they're aren't holding 60% of their inventory, I believe they'll be just fine. Or I think they're doing great! Else they need to start looking for a competent CFO.

Now, moving on to the big "J". They got pretty deep pockets. Go read up on them! Last time I read, the parent company giving the big "J" the financial clout to dominate the Nigerian/African markets has in excess of $500 million in funding. With Nigeria being a frontliner in Africa's growing economic power play and Africa being the new emerging frontier, how much do you think a smart company will put out here? Right! They'll throw in quite a lot!

I'm sorry for the lenghty tirade, just thought I'd debunk your claim about these companies being in debt... Yet!

Now for every other company I know that has taken investors monies, yep, they definitely would be feeling the pressure to survive/succeed in order to make the investors happy.

I'll get back to the subject matter below tongue
from ur profile u're in already n I think u must be kipin tabs on d bigwigs which is cool. I co-own an online. store, one which u knw I must say n d way we operate as concerning funds puts investors at ease since it's a long term partnership. mind u wen u're a brand u auto-attract buyers n dats why d big K can still survive. it's about d louder d noise dat u can make. if I'm to own half d executive shares of any, I wud rather go for d big D wit genuine n loyal buyers. d big J to me is like a celebrity dat laughs on TV but wen she gets home her husband is still going to punch her face. wot makes u really big is d conversion rates n one of dem is doing it right
BusinessRe: E-commerce And Retail Business In Nigeria. Experience,challenges & Prospect. by Speakdatruth: 11:27pm On Aug 17, 2015
anuforo:
@ OP, please do I have to get all my goods down physically before embarking on e-commerce as a beginner?
to help a little more, jumia never had d products dey posted on their website, they never had a store also until d one they're building now.
1) every manufacturer wants quick sale, so dey visit dem, check on d products, strike a quantity deal, dey put dem on web as though dey have it (indirectly dey do) bombard d air wit advert, people order and it's a win win
2) run affiliates if u gat huge prospects (put some people on d run for ur online store)
hope dat add up
BusinessRe: E-commerce And Retail Business In Nigeria. Experience,challenges & Prospect. by Speakdatruth: 11:12pm On Aug 17, 2015
theplushist:
Please tell me more. What do you mean huge debt?
elujah1:
kindly throw more light
d little I can say is dat most of d e-commerce sites making noise on TV n billboards are in debt, for some d investor's fund has not been recovered even until now and to some on loan, d concentration is not on paying but maintaining wots left of d original business model. it's not really easy maintaining d structure when u're big, but yet it depends on ur masterplan n ability to shift grounds
WebmastersRe: 5 Reasons Bloggers Give Up. by Speakdatruth: 3:29pm On Aug 17, 2015
bolkay47:
start with social media. ifttt can do all that! You will understand how to use it when you get to ifttt.com..You can post to many social media at once . it will create post and also share everything automatically.
dia is one I saw DAT autopost images on socials for sharing but it's paid. do u knw abt dat?
WebmastersRe: 5 Reasons Bloggers Give Up. by Speakdatruth: 3:09pm On Aug 17, 2015
bolkay47:
ifttt its so easy to set up I hardly post yet i have a minimum of 1500pv per day. lol...my work is just to design and add spice to my site.
1500? is DAT d work of autopilot?
WebmastersRe: 5 Reasons Bloggers Give Up. by Speakdatruth: 3:08pm On Aug 17, 2015
bolkay47:
its easy to start a blog but it wont make sense without proper design. goto blogger.com to get started.
OK how will I get many people to read?
CelebritiesRe: Linda Ikeji Flaunts Boobs In Cleavage-revealing Outfit (Photo) by Speakdatruth: 3:05pm On Aug 17, 2015
new name LINDA GATES
CelebritiesRe: Linda Ikeji Flaunts Boobs In Cleavage-revealing Outfit (Photo) by Speakdatruth: 3:04pm On Aug 17, 2015
na boobs she flaunts abi na gate?
BusinessRe: E-commerce And Retail Business In Nigeria. Experience,challenges & Prospect. by Speakdatruth: 3:02pm On Aug 17, 2015
admax:
Really! FTC.....? I thought Lady F and Introvert get paid for this.
u just bin added 2d jobless list
BusinessRe: E-commerce And Retail Business In Nigeria. Experience,challenges & Prospect. by Speakdatruth: 3:00pm On Aug 17, 2015
d Nigerian system does not allow its survival only few wit huge debt are making d noise
WebmastersRe: 5 Reasons Bloggers Give Up. by Speakdatruth: 1:16pm On Aug 17, 2015
I want to be a blogger, how do I start?
CelebritiesRe: Bovi Replies Fan Who Accused Him Of Stealing From Alibaba {PHOTO} by Speakdatruth: 1:07pm On Aug 17, 2015
dulux07:
I bliv u ve longer tym to think wen u type than wen u talk. Y shud u insult someones mum. All these immatured guyz sef.
d character won't leave dem even when dey hit money
FamilyRe: 20 Hilarious Ways To Know Your Mum Is A Nigerian. by Speakdatruth: 11:12am On Aug 17, 2015
8, 10, 14, 16 very funny grin
PoliticsRe: God Will Disgrace My Adversaries – Wike by Speakdatruth: 10:50am On Aug 17, 2015
dis guy shud shut up n concentrate on governing river people
RomanceRe: The Wooing Challenge (main Event,day 2) by Speakdatruth: 10:45am On Aug 17, 2015
Cherlene:
Good morning

How are you dear?

My SINCERE apology for not being OPPORTUNED to be present.

THANK YOU for your ENDURANCE and UNDERSTANDING
.



Note: I am STILL EAGER to view your WRITE-UP.

Cherlene
smiley it's alright
CelebritiesRe: Checkout Timaya's Dope Church Outfit (Photo) by Speakdatruth: 10:42am On Aug 17, 2015
Ginaz:
na the one your gf use say bleach na me use grin
yeah. love dem white skin but not bleachin white tongue
CelebritiesRe: Checkout Timaya's Dope Church Outfit (Photo) by Speakdatruth: 8:51pm On Aug 16, 2015
Ginaz:
after you don rape ashewo finish you dey go church? grin
praise thy lord.....amen .God is merciful .........
wot, which hypo u dey take bleach?

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