Connect with us

Brand

How Jumia is Reshaping the E-commerce Scene One Black Friday at a Time

Published

on

Since the 1980s, when the term “Black Friday” became a catchphrase for consumers and entrepreneurs alike, the day has taken on a life of its own, spreading across the globe from the United States of America to Nigeria. Black Friday, once synonymous with early morning queues, frantic in-store shopping, and frenzied deal-hunting, has now evolved into a phenomenon that transcends borders, uniting consumers and businesses in the pursuit of unbeatable discounts.

Within Nigeria, Black Friday is no longer confined to a single day of retail madness. Leading e-commerce platform, Jumia has reimagined it into a month-long shopping event characterised by premium deals from an array of exclusive brands. The transformation is a testament to Jumia’s commitment to providing its customers with the best shopping experience possible. Similarly, the shopping event has become a symbol of affordability, accessibility, and aspiration, encompassing products from prestigious brands like Xiaomi, Diageo, Oraimo, Nivea, Haier Thermocool, and Adidas, offering a diverse range of offerings that cater to every shopper’s desires.

Black Friday: Impact on Consumers

In a continent marked by diverse cultures, languages, and infrastructural challenges, Jumia has provided a platform where consumers can access an extensive range of products with convenience and trust. These annual sales have fundamentally transformed the way people shop, making quality products more accessible than ever.

In addition, the company’s commitment to customer satisfaction has not gone unnoticed. The platform’s user-friendly interface, secure payment options, and efficient delivery system have all played a pivotal role in enhancing the Black Friday shopping experience. Nigerians can now browse, select, and purchase premium products with ease, all while enjoying the convenience of doorstep delivery. This level of convenience and reliability has garnered a loyal customer base of millions of people who eagerly anticipate the annual Black Friday event.

Similarly, consumers eagerly anticipate the exclusive discounts and deals offered during the Black Friday sales, enabling consumers purchase items they may have otherwise considered unattainable. These discounts and deals offered under the umbrella of its infamous creations such as Daily Check-Ins, Brand Days, Anchor deals, and Flash sales, have served to create an irresistible pull for thousands of consumers who have elevated Black Friday months to a status akin to national holidays and global festivities.

Quite understandably, this stems from the underlying theme behind every deal and discount on Black Fridays: an opportunity to save. The opportunities to save during the Black Friday months impact not only the economy but the droves of consumers who have taken advantage of it. Hubspot in its State of Customer Service report revealed that 78% of customers search for fair deals when shopping. In a country where the economy is in a delicate state, this behaviour stems predominantly from the desire to stretch funds further. With the discounts and deals offered during the Black Friday month, this survival hack becomes much easier to do for the average consumer, ensuring that many are kept from despair and plunging below the poverty line.

Empowering SMEs and Businesses

Beyond the immense benefits of saving that accompany the deals and discounts of Black Friday, a closer look at the month-long event reveals that it has a profound impact on the nation’s GDP — particularly on the growth of SMEs. SMEs (Small and Medium-sized enterprises) have over the years, proven to be the catalysts of Nigeria’s economic growth. According to the Nigeria Bureau of Statistics, SMEs accounted for about 48 percent of the national GDP between 2017 and 2021. This means that every growth recorded by a Small and Medium-sized enterprise ripples into the nation’s economic fabric. Due to the increased exposure offered on the Jumia Marketplace platform, every Black Friday, over 14,000 entrepreneurs and SMEs on the Jumia Marketplace platform receive bolstering patronage that strengthens their economic standing and capacity.

Through the company’s platform, local entrepreneurs can reach a vast and diverse customer base — spanning big cities/commercial hubs and rural areas — that was previously out of reach. This expansion of market reach has given countless small businesses the opportunity to grow and prosper, levelling the playing field with larger corporations. The ripple effect of impact on small businesses extends to job creation and economic growth. By providing a platform for businesses to thrive, Jumia is contributing to employment opportunities and driving economic development across the African continent.

As Jumia celebrates the 10th edition of the Black Friday shopping event in Nigeria, it’s an opportune moment to reflect on the incredible transformation it has brought and its enduring impact on the nation’s economy. Jumia’s dedication to providing a superior shopping experience and empowering both consumers and SMEs has made it a pioneer in reshaping the e-commerce scene in Nigeria. It’s a testament to how innovation and dedication can transform a traditional event into a powerful force for economic empowerment and prosperity.

Tailored to deliver an immersive shopping experience for consumers, Jumia’s annual Black Friday Festival continues to set new benchmarks in the world of online retail. With a relentless commitment to providing its customers with unbeatable deals, the festival has become a much-anticipated event, not only for bargain hunters but also for anyone looking to make the most of their shopping budget. Jumia’s unique approach blends cutting-edge technology, user-friendly interfaces, and a vast array of products to create a seamless and exciting shopping journey.

Robert Awodu

Regional Head of Public Relations & Communication, Sub-Saharan Africa

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Brand

Glovo Partners with NIPOST & Ministry of Communications, Innovation & Digital Economy to Host Landmark E-commerce Summit in Nigeria

Published

on

By

…Event to Unveil Glovo’s Yellow Effect Report and Address Barriers to E-commerce GrowthLagos, Nigeria – January 31 – On February 5, 2025, Glovo, in collaboration with NIPOST and the Nigerian Ministry of Communications, Innovation & Digital Economy, will host a first-of-its-kind summit aimed at accelerating the growth of Nigeria’s e-commerce industry.Themed “Accelerating E-commerce through Digital and Physical Infrastructure Integration,” this groundbreaking event will bring together key industry stakeholders to discuss challenges and opportunities in the sector while charting a path toward sustainable growth.The event will feature a keynote speech from Dr. Bosun Tijani, Honourable Minister for Communications, Innovation & Digital Economy, titled:“The Future of E-commerce in Nigeria: Integrating Digital and Physical Infrastructures for Growth.”His address will provide critical insights into the government’s vision for advancing digital commerce and fostering a more inclusive economy.A high-impact panel session titled “What’s Holding Back E-commerce in Nigeria?” will bring together experts across the sector to examine key logistical and regulatory challenges and propose actionable solutions to unlock the industry’s full potential.Speaking on the impact of this collaboration, Tola Odeyemi, Postmaster General of NIPOST, stated:“Nigeria’s digital economy continues to evolve, but e-commerce growth is hindered by logistical gaps, particularly in last-mile delivery. The Ministry is dedicated to creating an enabling environment for digital commerce to flourish in Nigeria. This summit is an essential step toward integrating policy, innovation, and infrastructure to drive inclusive economic growth. Our collaboration with Glovo is a step towards a future where digital commerce reaches every corner of the country, unlocking economic opportunities and driving national development.”A major highlight of the summit will be the launch of Glovo’s Yellow Effect Africa Report—a first-of-its-kind study that examines how Glovo is contributing to the digital transformation of local economies across Africa.The report provides insights into the barriers and opportunities shaping Nigeria’s digital commerce landscape while showcasing Glovo’s impact in fostering SME growth, financial inclusion, and last-mile delivery innovation across the continent.Lamide Akinola, General Manager, Glovo Nigeria, emphasized the significance of the summit, stating:“This event marks a pivotal moment for Nigeria’s e-commerce sector. At Glovo, we are committed to fostering an ecosystem where businesses—especially SMEs—can thrive through digital transformation. By launching the Yellow Effect Report in Nigeria, we aim to provide actionable insights that will drive sustainable growth in the industry.”Chidera Akwuba, Regional Head of Government & Public Relations, sub/Saharan Africa, Glovo, underscored the role of collaboration in advancing e-commerce:“Collaboration is key to unlocking Nigeria’s e-commerce potential. This event brings together industry leaders, policymakers, and innovators to discuss tangible solutions that will strengthen the digital and physical infrastructure needed to scale digital commerce sustainably—with a vision to build the largest online marketplace, giving everyone access to anything in their city within minutes, we couldn’t be more elated about this collaboration.”This landmark event is expected to lay the groundwork for transformative policies and strategic partnerships that will propel Nigeria’s e-commerce industry forward. By leveraging existing physical infrastructure—such as NIPOST’s extensive network of over 1,000 post offices and distribution centers—alongside digital innovations, this initiative aims to create a seamless logistics network that enhances efficiency, accessibility, and economic opportunities for businesses and consumers alike.This summit represents a bold step toward a more connected and thriving e-commerce ecosystem in Nigeria.

Continue Reading

Brand

Mediacraft Associates Continues to Blaze the Trail in Awards

Published

on

By

  • – Group CEO Voted ‘Legend of Marketing Comms’
  • Lagos, Nigeria. December 18, 2024. John Ehiguese, CEO of Mediacraft Associates, has been presented with the ‘Award of Recognition as a Legend of Marketing Communications’ during a gala by Q-Media and Communications Limited. The gala serves as a platform to celebrate outstanding achievements and recognise individuals and organisations that have significantly impacted the marketing communications industry in Nigeria.Mediacraft Associates, under the leadership of John Ehiguese, has played a key role in advancing public relations practise in the region. The agency’s dedication to fostering strategic communication, brand development, and crisis management has earned it a distinguished place in the industry. John Ehiguese’s recognition as a legend in marketing communications underscores his visionary leadership and unwavering commitment to professional development in public relations.This recognition highlights the agency’s recent successes and emphasises the importance of effective public relations in shaping perceptions and driving success in today’s competitive market. This award further proves Mediacraft Associates’ continuous efforts to uphold high standards and deliver exceptional client results.Expressing his gratitude for the recognitions awarded to Mediacraft Associates, John Ehiguese emphasised that these accolades prove the agency’s dedication to implementing global best practises. He stated that the agency prides itself on providing bespoke public relations services and solutions, tailored to its diverse clientele, catering to various industries and needs.“Since our inception as Mediacraft Associates in September 2003, we have steadily evolved into arguably the largest PR firm in Nigeria, by size, employing over 40 full-time staff members”, Ehiguese remarked. He noted that this growth results from the collective efforts of a dedicated team, passionate about creating impactful communication strategies that resonate with clients and their audiences.Ehiguese reaffirmed the agency’s commitment to delivering valuable solutions to clients. He highlighted that this commitment goes beyond meeting client expectations; it involves actively contributing to advancing the public relations field in Nigeria. By sharing knowledge, advocating for ethical practises, and engaging in community initiatives, Mediacraft Associates aims to elevate the industry’s standards and inspire the next generation of public relations professionals.A relentless focus on innovation, customer service, and professional growth has characterised the agency’s journey. With a vision to remain at the forefront of the evolving PR landscape, Mediacraft Associates continues to seek opportunities that enhance its service offerings and empower clients to achieve their communication goals effectively.
Continue Reading

Brand

Nestlé Professional Champions Affordable Nutrition with Maggi Soya Chunks in Lagos

Published

on

By

Nestlé Professional, the Out of Home business arm of Nestlé Nigeria and a leading provider of food solutions, recently introduced the Affordable Nutrition option, Maggi Soya Chunks, to food vendors, chefs and event planners during the Lagos edition of the Business of Food workshop.Canteens, grillers, Maishais, and bukas play an integral role in providing daily nutrition to bustling urban areas. However, they face challenges in managing their businesses amidst rising costs, often leading to a reduced focus on providing adequate nutrition in favor of profit.The Business of Food series, now in its nineth edition, has empowered over 2,000 food business vendors across nine states with vital skills and knowledge to enhance their business and increase their income. This year, it focused on offering attendees a cost-effective, nutritious, and flavorful protein alternative with Maggi Soya Chunks while equipping them to keep growing despite economic hardships.With one pack providing adequate protein and nutrition for eight people, Maggi Soya Chunks, a soya-based texturized protein, is an affordable alternative protein ensuring that food vendors not only remain profitable but continue to provide adequate nutrition to their customers.Mrs. Funmi Osineye, Business Manager for Nestlé Professional in Nigeria, stated: “At Nestlé Professional, we are committed to empowering local food vendors with the tools and knowledge they need to thrive. By introducing Maggi Soya Chunks, we aim to provide an affordable and nutritious alternative that supports their businesses and promotes healthier eating habits in our communities.”To further empower the participants to navigate the evolving economic terrain, the food vendors were trained by Mrs. Osaretin Okao, Managing Director of Food Bizz Support Services on managing food business profitability in challenging period. She charged the food vendors to be innovative and open to trying new things, including the use of new affordable ingredients like Soya Chunks.Mrs. Osaretin Okao said: “Managing a successful food business requires adaptability and a willingness to embrace new opportunities. By incorporating affordable and nutritious ingredients like Maggi Soya Chunks, food vendors can not only enhance their offerings but also ensure they remain profitable and sustainable.”One of the highlights from the half-day training session was a masterclass by Chef Ehis Oseniga on the preparation of the classic Ofada rice sauce, using Maggi Soya Chunks. The event also featured an exciting cooking competition where teams of caterers, catering school students and restaurant owners created delicious meals such as Chunky Jollof Rice, Soya Spaghetti Jollof, and Soyarito Fried Rice, all using Maggi Soya Chunks.Mrs. Osineye assured participants that Nestlé Professional remains committed to supporting the growth and success of food vendors in Nigeria. “We aim to make more possible by uplifting the local food industry, promoting entrepreneurship, and creating a positive impact in communities.”-end-About Nestlé ProfessionalNestlé Professional is the Out-of-Home arm of Nestle and it focuses on providing innovative, high-quality food and beverage solutions to the out-of-home, or foodservice, industry in Nigeria. This division caters to a wide range of customers, including restaurants, hotels, cafes, offices, catering companies, coffee shops and other foodservice providers.Our Vision is “To be the trusted partner of choice in Out-of-Home, by providing Affordable & Nutritious Food and Beverage Solutions that help our customers win”

Continue Reading

Trending

Mega Awareness 2023