Tag - Ecommerce

eCommerce Market in Nigeria: Size, Trends, Forecast

In this article, we'll explore the size, trends, and factors influencing the eCommerce landscape in Nigeria. The eCommerce market in Nigeria is experiencing rapid growth, driven by increased internet penetration, rising smartphone usage, and a young, tech-savvy population. As one of the largest economies in Africa, Nigeria offers significant opportunities for eCommerce businesses. If you are stating an online business in Nigeria, or you're investing in existing business and now wants to go global; here is the Nigeria ecommerce market...

Top 20 Ecommerce Websites in Nigeria Online Marketplace

This post provides a list of the most popular and top 20 ecommerce websites in Nigeria that you may want look out for this year. Ecommerce, also known as electronic commerce is a digital business sector that is making great impact in the Nigerian, African and global business economy; especially during the COVID-19 Coronavirus Pandemic lockdown. With the continued increase in internet access, affordable data rates, mobile penetration and GSM connectivity in Nigeria, the Nigeria e-Commerce marketplace will continue to grow...

Things to Consider When Choosing E-commerce Platform

  These tips will help you make an informed decision about key things to consider when choosing e-commerce platform for your business.     E-commerce websites have been evolving for quite some years, at least 10 decades to be precise. Today, people shop from the comfort of their homes or offices and add items to their shopping carts in no time. When it comes to internet sales, E-commerce websites have increased in leaps and bounds in the last couple of years and the...

3 New Realities Shaping Online Business

This guide will help you to know about the latest online shopping trends and new realities shaping the online business landscape today for a better tomorrow. E-commerce or online business is one of the most significant segments that has been experiencing a lot of changes recently. Modern online business is not for today but is essentially for tomorrow and beyond. With so many changes, you as an online business site owner may be naturally worried and apprehensive about the future of ecommerce. However, there is...

70% Nigerians Prefer Cash on Delivery to Online Payment

As Mobile Phone Penetration Hits 84% in 2017, 70% Nigerians Prefer Cash on Delivery to Online Payment according to Jumia Boss. A report released by Africa’s leading e-commerce company, Jumia, on the Nigerian Mobile Sector has revealed that in 2017 revealed that 70 percent of Nigerians preferred the cash on delivery option to other forms of payment like the credit/debit cards, which accounted for 18 percent, and the mobile money option, which had 12 percent. Also in the report, there was...

Why E-commerce Business is Thriving in Nigeria

The growing use for mobile data as well as increased internet network coverage has increased the potential of Nigeria’s e-commerce market and the thus the key reasons why eCommerce business is thriving in Nigeria. The impact of the e-commerce market is improving trade activity as it provides a cost-effective method of connecting producers, and merchants directly to customers in a faster way that increase their business visibility. The industry has welcomed several industry players and investors over the past decade. These...

10 Problems Facing Ecommerce Business in Nigeria

As digital technology and ecommerce platforms continue to grow rapidly in many countries of the word, here are major challenges or problems facing e-commerce business in Nigeria. A lot of people argue that e-commerce platforms, for example, Jumia and Konga have succeeded and made a lot of money. But despite the popularity of these ecommerce websites, things are not actually working that well with online shopping businesses in Nigeria.  According to TechInAfrica, below is the list of problems facing e-commerce business in...

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