‘e-Commerce will account for 10% of retail sales in Africa by 2025’

* says Nigerians are searching for Keke Napep, among others on Jumia Internet penetration could make e-Commerce accounts for up to 10% of retail sales in Africa, with a value of around the $75 billion (US dollars) by 2025, as more Africans gain access. Jumia Nigeria’s CEO, Mrs Juliet Anammah, disclosed this in Lagos while […]

‘e-Commerce will account for 10% of retail sales in Africa by 2025’

Jumia Nigeria CEO, Mrs. Juliet Anammah

* says Nigerians are searching for Keke Napep, among others on Jumia

Internet penetration could make e-Commerce accounts for up to 10% of retail sales in Africa, with a value of around the $75 billion (US dollars) by 2025, as more Africans gain access.

Jumia Nigeria’s CEO, Mrs Juliet Anammah, disclosed this in Lagos while quoting a McKinsey’s Lion Go Digital Report.

According to her, Nigerian entrepreneurs and consumers always remain the biggest beneficiaries of the Black Friday campaigns.

The Jumia Nigeria boss stated that Keke Napep (Tricycle) is one of the bizarre things Nigerians searched for on the e-commerce platform during the weeks leading up to the company’s Black Friday campaign slated for Friday (tomorrow).

This, she said, is an affirmation of the trust that shoppers have in the platform for finding everyday essentials.

Anammah added that this was because all the products listed on the Jumia platform are data-driven, which enables consumers to find the products they want at a price that’s convenient for both the sellers and consumers.

“Campaigns such as Black Friday will contribute significantly to driving e-commerce adoption.

“We plan Black Friday campaigns 6 months ahead of time. We engage in consumer focus groups and multiple workshops with consumers to understand some of the things they want to buy on Jumia.

“So, it starts with the consumers first. We share the data we obtain with our sellers to influence the kind of products they should list on our platform during special campaigns like Black Friday and at a price that is convenient for both parties,” she said.

She added: “Consumers response to Black Friday has been tremendous since we introduced the shopping event to Nigerians in 2014. Year on year, we’ve seen it grow. Nigerians are very responsive to campaigns like these.

“It’s really about bringing the best of deals from our sellers and brand owners to the consumers. And they respond quite positively. Black Friday is a time when consumers are looking for deals; they want to get the best prices on anything that they want.”

Anammah emphasized that the company sources exclusive deals and communicates those deals well ahead of time, noting that somehow influences what people are searching for.

“What people search for are triggered by the exclusive deals we have, treasure hunts and flash sales. People are searching for phones, appliances, TVs, many brands such as Reckitt Benckiser, Binatone, HP, Scanfrost among others,” she noted.

Nexus, UKA, HP, Microsoft, Samsung, and Binatone are among the top leading global brands partnering with Jumia for the campaign this year.