13 Things You Need To Know About Jumia ( Online Shopping)

Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser. Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine, which displays the same product's availability and pricing at different e-retailers. As of 2016, customers can shop online using a range of different computers and devices, including desktop computers, laptops, tablet computers and smartphones.
Online shopping in Nigeria is no longer news as many young folks are beginning to enjoy the fun that comes with safe and secure eCommerce experience.
From phones, computers, electronic gadgets to fashion, clothing, kitchen appliances, books and sundry: the eight websites below has really raised the bar in delivering top-notched online shopping experience to the Nigerian populace.
                                                                     

Today we are going to look at this Online Shopping Website JUMIA , how jumia become popular in online shopping section and some facts you don't know about the popolous online shopping site. Best on, we have some online shopping website like Konga.com,Jiji.ng.kaymu.jomla,vconnect,Mobofree,Dealdey,Olx Nigeria,slot and Chrisvicmall,

1. JUMIA is a Nigerian online shopping site for a wide range of electronics, fashion, home appliances and kid’s items. The business was founded in 2012 by a team that included Jeremy Hodara, Sacha Poignonnec, Tunde Kehinde, Raphael Afaedor, and Leonard Stiegeler, with funding from Rocket Internet.

2. Jumia has warehouses in ten other countries, including: Egypt, Morocco, Kenya, Cote d'Ivoire, Uganda, Ghana, Cameroon, United Kingdom, Tanzania and Angola.

3. JUMIA is an e-commerce startup with an aim to mimic Amazon’s success by delivering a wide range of items, from toys to generators across the African continent.

4. In 2013, the business received $35 million in Series B funding from Millicom to contribute towards its expansion in its domestic market and the move into a new 90,000 square foot warehouse located in Lagos

5. JUMIA finished a great year in 2013 by winning the title of the Best New Retail Launch.In 2014, Jumia extended its services to Uganda enabling people to shop online and have products delivered to this region. In October 2012, JUMIA Egypt announced its partnership with Mobinil, an Egyptian telecommunication company.

6. In October 2012, JUMIA Egypt announced its partnership with Mobinil, an Egyptian telecommunication company. The partnership agreement consists of four main rules which include: Mobinil providing JUMIA offices and staff with the latest mobile technology solutions specifically tailored for their business needs, JUMIA's provision of Mobinil with products and services to each of the 140 retail stores spread all across Egypt, JUMIA offering products of Mobinil to their customers, and JUMIA offering special rewards for Mobinil customers through the use of a loyalty program.

7. On 26 August 2013, JUMIA launched a mobile application that enables customers to make purchases on the online store from anywhere. The mobile application offers a selection of 50,000 products.

8. Jumia's most notable competitors are Konga in Nigeria and Souq in Egypt. In both countries, all three online retailers compete for online shoppers through competitive prices and targeted marketing. This has partly led to the launch of price aggregators such as Yaoota.com to guide users through the increasing number of online products.

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9. In 2014, the founders of Jumia, Tunde Kehinde and Raphael Afaedor stepped down and announced the new co-CEOs as Nicolas Martins and Jeremy Doutte. Tunde and Raphael’s exit from the startup was imminent and that both were on the verge of launching venture-backed startups in early 2014.

10. .At the end of December 2015, Jumia formalised the appointment of Juliet Anammah. She took over from Doutte and Martin, who are taking the reins of Jumia Global across the 11 African countries in which Jumia operates. Juliet would be focusing on the focus on the customer and the partnership of Jumia with its brands and vendors such as comparison stores like bestprices.

11. Jumia numbers of employers is currently  1800.
Jumia launched its online marketplace for SMEs in direct competition with the similarly named Konga Marketplace. The marketplace makes it possible for Jumia to reach over 100,000 visitors daily with its numerous sellers and products.

12.In 2016, it was reported that Jumia made a loss of $18.8million and lost more than a third of their expected sales revenue.This has been attributed to the consolidation of all other rocket business under the Jumia umbrella.Despite these shaky time, Jumia Group was able to raise 50 million Euros while the parent company Africa Internet Group raised $400 million.

13. JUMIA’s product categories include:
-Beverages & Cigars
-Children
-Computing
-Events & Tickets
-Fashion
-Home Appliances
-Mobile Phones
-Weddings-
-Health and BeautY
-Other Category


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