He is an ecommerce entrepreneur and he is coming to Tekedia Mini-MBA to share his experiences. He runs an ecommerce platform which focuses on grocery, and has been growing that business which began from Ibadan, Nigeria, and now expanding across the nation. Femi Aiki is the CEO of Foodlocker – www.foodlocker.com.ng. One table he titled “Lessons Learned: Building Foodlocker” has close to 20 factors which include capital, order returns (“Returns have been almost non-existent”), logistics, etc. Then, he makes a compelling bull-optimism by analyzing the financials of Jumia and Amazon, postulating that the future is bright for African ecommerce.
Oh ye ecommerce entrepreneurs, this is an opportunity to learn from an industry leader. He identifies the following elements for every ecommerce entrepreneur, and he took time to explain: Logistics, Capital, Payments Infrastructure, GMV vs Revenues, Marketplace vs e-retail, Trust/Quality Orientation, etc.
No textbook; pure experience-book from Femi Aiki, a Tekedia Institute Faculty.
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