The Challenges Of Running An Online Businesses In Nigeria
The e-commerce industry in Nigeria is worth over 25 billion dollars, and expected to reached over 50 billion dollars by 2025.
This facts point clearly to the fact that there is a huge potential for ecommerce or Online businesses in Nigeria. Nigeria is really one of the biggest market for e-commerce in Africa, Nigeria's huge population and speedy internet penetration accounting for those potentials, making it one of the ideal sectors to invest in Nigeria, there is no doubt of course that e-commerce is the future.
However the Nigeria e-commerce industry is still quite in it's growing stage and are faced with many challenges.
This challenges majorly includes payments methods, delivery logistics, customers getting values for their money,refunds and returns, sourcing for products and managing competitors etc.
This thread was created for the online entrepreneurs to discuss their challenges, offer suggestions and advices share tips, learn from experiences of the advanced ones,form partnerships and grow our businesses.
Let start by discussing the payment and delivery challenges .
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