This is the opportunity to take your business online successfully with the right knowledge and tool!

The Bank of Industry would be providing support for 100 businesses who registers to attend the Summit.

Application guideline:


1. To register for the summit visit, http://ecommerce.summitexpo.com.ng/registration-page-start-up/

2. Once registration is received, an application form for sponsorship will be sent to you to fill.

3. Follow us on all our social media platforms to get updated on the Summit and the latest E-Commerce trends.

Application closes on the 15th of March, 2018

For more support:

WhatsApp Group: http:///summitwhatsappgrp

Email: summitexpong@gmail.com

07037325246

Team South-West Regional Summit & Expo 2018

This is the opportunity to take your business online successfully with the right knowledge and tool!

The Bank of Industry would be providing support for 100 businesses who registers to attend the Summit.

Application guideline:


1. To register for the summit visit, http://ecommerce.summitexpo.com.ng/registration-page-start-up/

2. Once registration is received, an application form for sponsorship will be sent to you to fill.

3. Follow us on all our social media platforms to get updated on the Summit and the latest E-Commerce trends.

Application closes on the 15th of March, 2018

For more support:

WhatsApp Group: http:///summitwhatsappgrp

Email: summitexpong@gmail.com

07037325246

Team South-West Regional Summit & Expo 2018

Two significant but fear-inducing events in the Nigerian e-commerce space in the last two weeks:
1. Zinox and or Yudala acquires the struggling Konga
2. Nasper's OLX closes its office in Nigeria



I have often asked the question ... How does OLX make money? If you know, please tell me. Can't figure it out.

I can easily outline factors that made Konga lose money ....

1. Pay on Delivery (POD): When buyers refuse to pay for  a shipped item because they do not like it, konga absorbs the expenses already made on logistics. That is far more than their margin of 3%.

2. Ruthless merchants: Buy once from them, they will request politely that you buy direct and split the Konga commission with them. That is unethical, but Nigerians don't give a damn. Call them all joint murderers.

3. High logistic costs. I wish NIPOST was existent and efficient and handles the last mile for e-commerce in Nigeria. They are setup to do it, someone just does not think it is development to do it, like yesterday.

4. Heavy advertising budget that carries coal to new castle and basically does not lead to any further conversion. The Social media Konga intelligent adverts always show me what I have bought again!

5. Some bad staff, who did not understand where their salary was coming from, and that they will end up soonest in the job market. They had enough muscle to wreck the train.

6. Poor payment processing. Not their fault, but the poor network intolerant interswitch payment capture system guarantees that you will not want to pay with your card again, after the first disastrous encounter shopping online. I hear Paystack is a charm, but it came just too late to save Konga.

7. Consumers who trust nobody. Until they see the goods, it does not exist, hence show them no picture but the goods!

Will Zinox stop the continued loss of vital blood in Konga? Time will tell.

All eyes are now on Jiji and Jumia. Please guys, stay the course! Something will give way soon, that will rejuvenate the industry.

Sorry guys. I am sure it is a temporary setback. I am sure. I believe. I sincerely believe it.

Author: Sunday Folayan

Mr Sunday Folayan (President NIRA & CEO GDES) and a host of others, will be speaking live at the South West Regional E-Commerce Summit & Expo 2018. You can not afford to miss out on getting informed and knowing more of the "How" of E-Commerce, Visit our website www.ecommerce.summitexpo.com.ng to register.

In the advent of technology, people are turning to the internet different reasons in which top ones are buying and selling. For a business to grow, it has to reach new customers and effectively keep new ones that is the reason brick and mortar businesses should take advantage of internet to grow their business. The good thing about an eCommerce website allows a retail store to break-through the limitations a physical location presents, while increasing sales of its products.
Projections from eMarketer are showing rapid worldwide ecommerce growth through 2018. This year is expected to peak at nearly $1.6 trillion and by the end of 2018, almost $2.5 trillion. In the U.S. alone, ecommerce growth is anticipated to be somewhere between 11.6 and 16.5 percent from 2013 to 2018. The stats back up the notion that the ecommerce model is a good choice for entrepreneurs that are looking to start a new company, or those that are interested in diversifying and expanding.

Here are some reasons to have an ecommerce site:

An ecommerce website expands the geographical reach of your company
M&R explains, Physical stores are perfect for your customers who live nearby, but how will you reach potential customers who live too far from your store front? An eCommerce site expands your customer base and increases your revenue. Google ads and SEO ensure customers find you through search engines. While your physical store can’t be open all the time, an eCommerce store never closes, so you can sell products at any hour of the day.

Ability to open your store 24/7
An ecommerce website, you will give your audiences to purchase from you not just during regular store hours but throughout the day. Whether it is Sunday or a national holiday, your estore is always open. This too helps you to make more sales, hence boosting sales.

Increase visibility of store promotions.
Hubspot explains that every store has certain promotions and are always looking for ways to spread the word about their newest deals. Your eCommerce store is another avenue to market your special promotions. Promotions help the business grow short- term with increased sales and long-term since promotions typically include a sign-up step – giving you the ability to reach out to these people later for repeat business.

Collect lead and customer data for email marketing
We know it’s tough to collect email addresses and other useful information during checkout in your store. Gathering information online is much more effective as website visitors can do this on their own time. Email marketing gives you the ability to increase new and repeat business by strategically and continuously re-engaging prospective customers. This opportunity doesn’t exist for businesses strictly running a physical storefront. You’ll also need to develop ways to capture email addresses with various offers your website can provide.

If you want to get into ecommerce then you need a website! Opportunities in E-Commerce are growing day by day, This is the time to engage ecommerce for your business and family. Visit our website www.ecommerce.summitexpo.com.ng to know more & register for forthcoming first ever ecommerce summit & Expo in Ibadan, where you will get to learn so much more about ecommerce.

In the advent of technology, people are turning to the internet different reasons in which top ones are buying and selling. For a business to grow, it has to reach new customers and effectively keep new ones that is the reason brick and mortar businesses should take advantage of internet to grow their business. The good thing about an eCommerce website allows a retail store to break-through the limitations a physical location presents, while increasing sales of its products.
Projections from eMarketer are showing rapid worldwide ecommerce growth through 2018. This year is expected to peak at nearly $1.6 trillion and by the end of 2018, almost $2.5 trillion. In the U.S. alone,
ecommerce growth is anticipated to be somewhere between 11.6 and 16.5 percent from 2013 to 2018. The stats back up the notion that the ecommerce model is a good choice for entrepreneurs that are looking to start a new company, or those that are interested in diversifying and expanding.
Here are some reasons to have an ecommerce site:
An ecommerce website expands the geographical reach of your company
M&R explains, Physical stores are perfect for your customers who live nearby, but how will you reach potential customers who live too far from your store front? An eCommerce site expands your customer base and increases your revenue. Google ads and SEO ensure customers find you through search engines. While your physical store can’t be open all the time, an eCommerce store never closes, so you can sell products at any hour of the day.
Ability to open your store 24/7[/b]
An ecommerce website, you will give your audiences to purchase from you not just during regular store hours but throughout the day. Whether it is Sunday or a national holiday, your estore is always open. This too helps you to make more sales, hence boosting sales.
[b]Increase visibility of store promotions.
Hubspot explains that every store has certain promotions and are always looking for ways to spread the word about their newest deals. Your eCommerce store is another avenue to market your special promotions. Promotions help the business grow short- term with increased sales and long-term since promotions typically include a sign-up step – giving you the ability to reach out to these people later for repeat business.
Collect lead and customer data for email marketing
We know it’s tough to collect email addresses and other useful information during checkout in your store. Gathering information online is much more effective as website visitors can do this on their own time. Email marketing gives you the ability to increase new and repeat business by strategically and continuously re-engaging prospective customers. This opportunity doesn’t exist for businesses strictly running a physical storefront. You’ll also need to develop ways to capture email addresses with various offers your website can provide.
If you want to get into ecommerce then you need a website! Opportunities in E-Commerce are growing day by day, This is the time to engage ecommerce for your business and family. Visit our website www.ecommerce.summitexpo.com.ng to know more & register for forthcoming first ever ecommerce summit & Expo in Ibadan, where you will get to learn so much more about ecommerce.

In the advent of technology, people are turning to the internet different reasons in which top ones are buying and selling. For a business to grow, it has to reach new customers and effectively keep new ones that is the reason brick and mortar businesses should take advantage of internet to grow their business. The good thing about an eCommerce website allows a retail store to break-through the limitations a physical location presents, while increasing sales of its products.

Projections from eMarketer are showing rapid worldwide ecommerce growth through 2018. This year is expected to peak at nearly $1.6 trillion and by the end of 2018, almost $2.5 trillion. In the U.S. alone, ecommerce growth is anticipated to be somewhere between 11.6 and 16.5 percent from 2013 to 2018. The stats back up the notion that the ecommerce model is a good choice for entrepreneurs that are looking to start a new company, or those that are interested in diversifying and expanding.
Here are some reasons to have an ecommerce site:

An ecommerce website expands the geographical reach of your company
M&R explains, Physical stores are perfect for your customers who live nearby, but how will you reach potential customers who live too far from your store front? An eCommerce site expands your customer base and increases your revenue. Google ads and SEO ensure customers find you through search engines. While your physical store can’t be open all the time, an eCommerce store never closes, so you can sell products at any hour of the day.

[/b]Ability to open your store 24/7[/b]
An ecommerce website, you will give your audiences to purchase from you not just during regular store hours but throughout the day. Whether it is Sunday or a national holiday, your estore is always open. This too helps you to make more sales, hence boosting sales.

Increase visibility of store promotions.
Hubspot explains that every store has certain promotions and are always looking for ways to spread the word about their newest deals. Your eCommerce store is another avenue to market your special promotions. Promotions help the business grow short- term with increased sales and long-term since promotions typically include a sign-up step – giving you the ability to reach out to these people later for repeat business.

Collect lead and customer data for email marketing
We know it’s tough to collect email addresses and other useful information during checkout in your store. Gathering information online is much more effective as website visitors can do this on their own time. Email marketing gives you the ability to increase new and repeat business by strategically and continuously re-engaging prospective customers. This opportunity doesn’t exist for businesses strictly running a physical storefront. You’ll also need to develop ways to capture email addresses with various offers your website can provide.

If you want to get into ecommerce then you need a website! Opportunities in E-Commerce are growing day by day, This is the time to engage ecommerce for your business and family. Visit our website www.ecommerce.summitexpo.com.ng to know more & register for forthcoming first ever ecommerce summit & Expo in Ibadan, where you will get to learn so much more about ecommerce.

Tstv is still very around, they and host of other industry leaders are expected to exhibit at the First eCommerce Summit and Expo in Ibadan!

At this 3 days event, you get to meet & Interact with Nigeria and Africa’s Lead Tech and ECommerce Companies & The People Behind the scenes ”live” at The Summit Expo. Experience the unique advantages of how these companies can serve you and our society better today
Public Businesses and Organizations, StartUps and Individuals will have a unique opportunity to “Learn Business & Innovative Strategies.”
CRAFT Innovative Business Models.
EXPLORE How you can use technology and e-commerce to build your business.
DETERMINE How to create value for your clients and customers.
LEARN from experts and leaders in Tech and ECommerce sector.

Visit our website www.ecommerce.summitexpo.com.ng for more information and get one of our free ebooks, articles, latest ecommerce trends and also qualify for the raffle draw.

Sign up now and get the best advantages for you, your family and business

At the Expo, you get to meet & Interact with Nigeria and Africa’s Lead Tech and ECommerce Companies & The People Behind the scenes ”live” at The Summit Expo. Experience the unique advantages of how these companies can serve you and our society better today
Businesses and Organizations, StartUps and Individuals will have a unique opportunity to “Learn Business & Innovative Strategies.”
CRAFT Innovative Business Models.
EXPLORE How you can use technology and e-commerce to build your business.
DETERMINE How to create value for your clients and customers.
LEARN from experts and leaders in Tech and ECommerce sector.

Visit our website www.ecommerce.summitexpo.com.ng to sign up and get one of our free ebooks for free, get access to our articles, more ebooks and also qualify for a raffle draw.

Get hold of this opportunity for you, your family and business!

“The prerequisite for motivation and success in any endeavor is a BIG vision for your future. If you’re stuck in the past, you’re really in trouble”. -B. N. Norton
South-West Regional Summit & Expo 2018: www.ecommerce.summitexpo.com.ng

The world is rapidly changing and daily new innovations, techniques and methods are being employed to tackle challenges, everyday people are creating easier ways to get things done. One of the greatest inventions of our time is the internet. The holy grail of computer operations, its enables computers anywhere in the world to share data and exchange information over great geographical distances in split seconds.

With the advent of invent of internet, there were a lot of applications where it could be used, one of the most significant, being e-Commerce which has revolutionized buying and selling. Commercial activities in the past involved everything being done physically; cash had to be carried to stores, goods picked up from physical stores, tickets bought at venues, courses had to be taken in brick and mortar structures, but all this can be referred to as past, because the future of that is here already in e-commerce.

Shopify in this post reports that Ecommerce market share in Q3 2017, as a percentage of all retail sales, has increased to 9.1% according to the U.S. Census Bureau, up from 3.5% just a decade ago.

E-Commerce has grown almost exponentially. The jump in the last half-decade has been from 5.4% to 9.1%. Which signifies in the next decade it might have almost tripled the percentage. To change your Future means you need to leave behind things of the past, as a business owner, you need to embrace the new way of doing things so you can stay relevant among competition.

“Fast growth plus low market share means that there is still enormous opportunity for new players to outpace industry leaders”. – Shopify

Several reasons for placing your business according to online according to Behance include: Overcoming geographical locations, gain new customers with search engine visibility, Lower costs –in terms of Advertising and Marketing, Personnel and Real Estate, Create Targeted Communication, Remain Open all the Time, and Create markets for niche products.

Also according to Behance as a consumer or buyer benefits of E-commerce include: Eliminating travel time and costs, provide Comparison Shopping, enable deals, bargains, coupons and Group buying, and Providing Abundant information.

Change your Future Today by dropping the old ways of doing things and embrace E-commerce!

Want to find out more about E-commerce? Then attend the pilot edition of the Southwest Regional E-commerce Summit and Expo 2018 taking place on the 26th - 28th of March 2018 at NuStreams Conference and Culture Centre, KM 110, Abeokuta Road, Ibadan.
Find out more on the official website www.ecommerce.summitexpo.com.ng
You can also register on the site from http://ecommerce.summitexpo.com.ng/register/ , Register for the Summit and get one of our eBooks FREE.

You would find them very useful for you and your business.

You can also Join our WhatsApp Group to get more support
http:///summitwhatsappgrp

#TheFutureStartedYesterdayAndWeAreAlreadyLate
#eCommerce
#SummitandExpo
#March2018
#TheFirstofitskind