How Much Does It Cost To Advertise On Konga?
Low Commissions Commission fees are as low as 3%, and you only pay when you successfully sell your product.
How popular is Jumia in Africa?
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Jumia’s financial performance over the past several years has been nothing short of underwhelming. Equipped with an addressable market of 1.2B consumers, Jumia is the frontrunner in Africa’s e-commerce market.S
How profitable is selling on Jumia?
For the past six quarters, Jumia’s gross profits after fulfilment expenses have been positive, and it continued that trend by recording $7.5m in Q1 2021, up 149.5% from $3m in the same period in 2020.M
Is selling on Jumia Kenya profitable?
Despite the business model shakeup, Jumia is still not profitable, and it is also not growing as fast as it once was. Jumia’s customer base grew to 6.9 million, 500k customers (6.9%) higher than 6.4 million in Q1 2020. It only added 100k more compared to the previous quarter when it had 6.8 million customers.M
Who owns Konga Nigeria?
Type of business Retail, E-commerce
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Owner Konga Holdings
Founder(s) Sim Shagaya
Chairperson Olusiji Ijogun
CEO Nick Imudia and Nnamdi Ekeh
Can Jumia be profitable?
Jumia’s total addressable market of 1.4 billion consumers – much larger than North America’s population of 373 million – offers the company a lucrative opportunity.
How do I sell on Konga outside Lagos?
– CREATE YOUR STORE. Register your store with a unique Store URL for your store on Konga.com.
– LIST YOUR PRODUCTS. Create your products, set your own prices, and make them available for purchase.
– SELL TO MILLIONS OF BUYERS. Manage your orders, choose your own shipping method, and receive sales proceeds.
How do I register for Jumia in Nigeria?
Just visit the website https://www.jumia.com.ng/marketplace-vendor/ and fill the form. Once the registration details has been filled. You are required to watch the short training videos and take the quiz. An email will be sent with a link to create password.
Can I sell on Jumia from USA?
Jumia sources products from the brand owner themselves or via local distributors. You can also register as a seller on the main marketplace. You’ll need to apply to do this. International sellers are permitted, but Jumia use bank transfers for making payments, so opening a local bank account is a good option.
