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The Rise and Fall of 2GO

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By Iselowo Kolawole Kehinde

2go is a free mobile social networking application developed by 2go Interactive Ltd in Cape Town, South Africa. 2go supports over 1,500 different devices, including feature phones, in addition to Android, BlackBerry OS and BlackBerry 10 smartphones. The solution has the following features:

  1. 2go also had a gateway that enables users chat with friends on GTalk, Mxit, and Facebook, two unique features that was one of their main selling features.
  2. Flexibility in Chat Rooms: 2go has the ability to send friend request and also kick users out chat rooms (Which I took pride in engaging at).

There used to be a time when 2go was very popular, even ahead of Facebook in Nigeria. But that is now history. How then did 2go crash? The crash of 2go could be affiliated to that of BBM. BBM- short form for BlackBerry Messenger – which could be attributed to one thing: “Lack of Innovation and Inability to Adapt to Changes”.

  • Lack of Innovation and Inability to Adapt to Changes: According to a great biologist “Survival is neither of the fittest nor strongest, but for those who are able to adapt to changes in their ecosystem”. When 2go launched, it was the talk of town in no time as no one was used to a mobile chat platform except the Yahoo Messenger for Desktop. People enjoyed it back then; you wouldn’t be wrong to say it was the perfect replica and replacement in mobile form to Yahoo Messenger. One unique selling point feature 2go had similar to that of the Yahoo messenger was the ‘joint room feature’. However they took this on a whole different scale with the explicit features allowed in the chat rooms. The star rating was however one more unique feature, as I remember people actually going overnight without logging off just to increase their star ratings.
  • 2go failed to uniquely adapt these two features – Data Usage And Push Notification – as it took them 3 years after the launch of Whatsapp to employ the Push Notification feature which utilized very little amount of data after Whatsapp had already taken a bolt lead in the race of innovation. Push Notification was one of the main selling points of Whatsapp.
  • Data Usage: if we all could recall back then, 2go consumed a lot of data with telcos operators even creating special data plans for it with you having access to as low as 5mb. Not solving this problem became a major spoiler for them. Then the advent of Push Notification by Whatsapp and the ability to work with it using Very Little Amount of Data which 2go never put into consideration or felt wasn’t important.
  • Monetizing Policies: major feature that could have killed Whatsapp was the monetary yearly subscription of just $1 which they quickly took off because they had very smart minds working with them. This was a feature 2go never considered working on by not removing the buying of credit (Go Credits) to enter certain rooms and chat, knowing fully-well that we Africans love freebies. The amounts dropped active participation in chat rooms.
  • Recovery and Retention Policies: This one feature was what made me to lose my love for 2go due to the inability to update the phone number used in registering, so you had limited access to some features, and had people creating new accounts instead of just logging into their new accounts. They should have considered lost of line or damage to line.
  • Compatibility: Another main hurdle 2go failed to cross was the problem of cross multiple platforms functionality, as their application was supported mainly by Symbian Phones and a select few Java Phones. This was a feature WhatsApp put into consideration early enough.

It is simple; to survive you must put two things in mind:

  • Ability to adapt to behavioral changes and patterns brought about by your competitors in your ecosystem.
  • Average artist creates, great artist steals and improves on the stolen work.

The Fledgling Unicorn – “Keep It Simply Stupid (KISS)”

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By Iselowo Kolawole Kehinde

Today, I would be giving insights on why most Nigerian start-ups fail. Largely, the basic reason is that most of them want to achieve unicorn (start-ups, usually tech-enabled with valuations of at least $1 billion) status the very minute after product launch. I will break all under these.

1.) “Haste to Nowhere”: Most Nigerian start-ups are always in a haste to achieve full blown Unicorn status the very minute they go live. It takes time to achieve full traction even after working back-end to ensure failure is farfetched. I always tell people you can test-run your beta-version for as long as possible, and as long as you know you would get the desired results on the long run. Don’t be in a haste to make massive revenue the first day, though monetizing your startup as early as possible is very important.

2.) Complexity: Most Nigerian start-ups are to complex, from just one start-up you can coin out up to 10 different full scale startups. The golden rule here is to “Keep It Simply Stupid (KISS)”, and then look for ways to add more features after you have tested your modules properly, and ensured full functionality. Many times, the most stupid start-ups are the ones that end up doing well big time and generating all the big bucks.

3.) Expenditure: Most Nigerian start-ups end up spending on the wrong things. I once heard inside story of a Nigerian start-up that managed to raise just a little above $1 million through equity funding, and the CEO ended up spending over $200,000 to pimp/beautify the office, placing plasma TV’s, and other facilities that were not immediately needed for productivity in the office. To me, I felt that was money that could have been re-invested into staff welfare/training or elimination of recurrent expenditures like switching from the epileptic national grid to a more efficient solar UPS back-up system. Learn to work on the short term goals while having long term plans.

4.)  Teammates: To me, this is one of the most important factors to consider when starting up: always try to get the same people that share the same path and vision as you. Make them see reason that money shouldn’t be a motivating factor; but let’s face it, it is definitely a motivating factor. You can scale this hurdle by offering them possible future stakes, and top level positions in the company when the company achieves full scale.

5.) Failure to Adapt: Facebook should have been out of business a long time ago, if not for the intuitive nature of Mark Zuckerberg, the founder. You must be willing to adapt to changes and technological trends derived from markets insights and researches in order to survive. It’s simple, I always tell people this: average artist creates, great artist steals. I mean Mark’s Facebook could have been possibly challenged if he didn’t steal and incorporate most of Snapchat’s features.

When Do You Become a Unicorn?

According to Ventures Capital Valuation, for a company to be valued at $1billion valuation, you need to make yearly revenue of at least $100 million. Another way to determine the valuation of a startup, and place it at unicorn level is to give it 10x of its total funding. Yes, if you have a startup raising a total funding of $10 million, that places it at a valuation 10x that amount, equating to $100 million. Similarly, if we have a startup receiving funding of $100 million, it means 10x that amount places it at $1billion valuation mark.

How to Sell Heating Appliances and Forest Mowers in Sahara Desert

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By Ajayi Joel

It is the purpose of firms – sell things to as many people as possible. Yes, I’m aware that a lot of companies face the challenge of locating customers, getting them to listen, and be converted as paying customers. This process involves three phases within the nexus of inbound marketing strategy. Let us get started; here are the steps to consider:

  1. Attention
  2. Engagement
  3. Conversion

ATTENTION

Now, it may seem complicated but I’ll try to make it simple. Attention – it is actually very easy to get attention. Yes, it is easy to go to the market and sit at the center of the road screaming to get everyone to look at you. Yet, getting attention is hard if we’re talking in the real context of attention when monies have to be exchanged for a product or service, in Nigeria.

Here’s what I mean: ride a Mercedes-Benz G-Wagon to Silicon Valley. Nobody is going to notice you because there’s nothing spectacular about having a G-Wagon in Silicon Valley. It’s not strange. So nobody will notice you, except if it’s on fire though.

So, is getting attention really easy or hard, and why is attention the first part? If you want to talk about attention in its real context, you should be talking about what the attention is for.

Now, let’s go back to the market and meet the man sitting at the center of the road. He has gained attention. Fine, everyone is looking at him. But what was the attention for?

Was it to show people that he has new clothes he’s selling, or that he needs money, or that he’s contesting for his village association treasurer, or just showing that he’s alive? If it’s to show that he’s alive, then he’s stupid. That’s because the news that he’s alive doesn’t change a thing to anybody; doesn’t give anybody any thoughts to hold onto.

It’s more like a mad man in action. Simply, the attention was stupid, and that’s why it’s going to be short-lived. People will forget and overlook within seconds.

Well, he could also use it to show that he’s alive and yet not be stupid! But that’s if he has the intention of returning some other time. More like to get attention for attention sake for the first time with the plans to return, and not be a total stranger to those set of people.

Nevertheless, there’s still a purpose to that than just screaming. So here’s the point: getting customer attention is not easy if you don’t know what it entails. It’s only easy if you don’t have a plan. But if you have a plan, then it becomes difficult.

Now let me simplify it. If there’s a purpose for getting the attention, then you need to begin to consider many other things. The consideration of other things is what makes it hard. It’s no longer about the getting of the attention alone, but what the attention will do. That’s what makes it hard

If I want to sell clothes, and I go to the market to begin to ring bells, what if those passing by are saving to buy chicken for Christmas, or to buy shoes instead or simply government has not paid them for months. Perhaps, I wanted to sell for 1,000 naira but someone was already on ground selling for 200 naira. What if everyone was looking at a politician who is doing rally? Or they are waiting for another politician to share 5,000 naira.

Can you see that it’s becoming difficult because you’re already having a plan for the attention you want to get? In getting attention, you need to have a purpose. The purpose will determine the plan.

Getting attention is easy if you have no plan for the attention. However, if there’s a reason for getting the attention, then there’s a whole lot to worry about, a whole lot to work on and all.

Picking the example above, it gets difficult if you want to go to the market to sit at the center of the road to get attention either because you want them to know that you’re alive and that you’d be returning or because you have a product to sell.

There are so many things to consider: what if there are five other people in the market on the road currently? And what if that same day was a day where the government has promised to arrest people who create scenes in the market? What if there was a fight in the market while you’re ringing your bell?

Remember this analogy applies to anything you want to do. I am just using the man in the market as a case study. If you get the idea well, you can sell home heating appliance in the Sahara and also supply forest mowers to the residents. Now, you are thinking! But it will be hard if only attention is where you stop.

I’m sure you’re quite aware that you cannot throw products at people; you cannot throw ideas at people. You cannot push contents at people if you don’t have their attention. You cannot bid for a project if you don’t have their attention. So, I’d give three different steps in getting attention:

  1. What is your Purpose for Getting the Attention?
  2. Who are the people you want to get their attention?
  3. How do you get their attention?

These three steps are all linked together. However, I’ll begin with the first.

What is your purpose for getting attention?

Before you think of running to the market square or opening that social media account or running to the radio or television station to make the noise, what is your purpose for the attention? People dress nice probably because they want someone else to notice them or because they want to go apply for a job, or they do not want to be mistaken for a pauper or to impress others.

You can choose to get the attention for attention sake. More like for recognition sake. It’s not a bad idea. Some brands do that. They do not have a product yet. However, they sponsor an advert just to create awareness that they are existing or that they are planning something.

It can be to create awareness or sell a product or to disrupt a trend, or go showcase a skill. Whichever one, the main thing to have in mind before you make a move is to note the reason for planning to get attention. Once it’s known then, you can move to the next step.

Who are the people you want to get their attention?

Now, it becomes more difficult and requires more strategy when you get to this point. Why? Your purpose cannot be for the world. Otherwise, you will not scale.

Here’s the point: if you want to get attention just because you want to be recognized so that you will return some other time and not be a stranger, it has to be to a set of people who your purpose is targeted at.

So you must have a set of people you want to get their attention. Is it the doctors or lawyers or aliens or unborn babies? Or you want to get their attention of mutants and the government – whichever one; you need to have it in plan after you have defined your purpose.

Your purpose is what will determine this. Here’s an example: My reason for getting attention is because I want people to know I can write. Definitely, aliens from Mars cannot be the sets of people I plan to reach.

The next step to take after writing down the purpose of your idea is the reason behind why you want to get attention. The fact remains that humans are the ones you want to get their attention and not drumsticks.

So your purpose will definitely be to get the attention of humans either directly or indirectly and the category will definitely differ based on your purpose.

As straightforward as it looks, you shouldn’t make the mistake of going to farmers or going to firefighters to get attention of doctors. That would be lame.

I believe you must have nodded your head with what I just said, the truth remains that people still fall into this mess; this ignorance. You need to know who your purpose for getting attention is directed at.

If it’s sportswear, if you’re writing contents, if you’re an architect, you need to know who exactly your contents are for. You need to make research. What you have in mind might not exactly be what you will discover.  Simple, to get the right attention, you need to know those who you want to catch their attention. Are they a perfect match for your purpose? If there’s no correlation, then you need to keep the searching.

Continue reading here to finish the piece

The Paradigm Shift of Social Media Sites to Social E- Commerce Sites

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By Iselowo Kolawole Kehinde

Once had a discussion with a close pal of mine back in 2017 where I made known to him that with the rate at which people now sell on Social Media Platforms, it’s only imperative they had their backend guys optimize their codes to deliver a platform, to help the growing number of users engaging in the activities, of buying and selling online better known as e-commerce, have a more comfortable experience.

He laughed at me that day like he inhaled laughing gas, but I never lost my cool because I knew that he who laughs last, laughs best. Just a while ago, I saw 3 things in the tech news that avouched my initial statements and confidence:

  • WhatsApp introduced WhatsApp for Business not long after I saw another article where they said they had introduced Payment Options, i.e. you can send and receive payments via chats; how incredible is that.
  • Instagram are testing the Instagram E-Commerce feature where they would incorporate full features of E-Commerce sites into Instagram, and you can pay for items directly on your Instagram applications.
  • Facebook introducing Facebook crypto, paving way for the full evolution of a Social E-Commerce site.

Another shockwave that hit me at my epicenter was when I surfed through my Facebook Business Page; I was surprised when I saw create your online shop, whoa! I exclaimed on my bed, Facebook now has a fully integrated e-commerce platform. Yes, you can list all your products with their associated charges and receive payment!

For the social media sites, the Paradigm Shift would truly happen when they finally ramp-up to full e-commerce features and integrate all on their websites. I am talking about features like a well laid out logistics and delivery plan and B2B marketing. Imagine ordering and paying for a product on your favorite Social Networking Sites, and in some few days’ time, you see your package carefully packaged with WhatsApp delivery or Facebook Delivery inscribed on the delivery product package.

It’s really incredible because it affects the everyday man and cuts across all facets of life, because an average Nigerian spends a key part of his time on Social Media Platforms. If this evolution occurs, I guess we would have a swell time playing Alice in Wonderland.

In future, Facebook would incorporate a Netflix kind of streaming subscription based platform where you pay to watch your favorite movies and series on Facebook. No point hammering on this but when it happens just know I was the first to state it here, please reference me back.

Kwik Unveils To Solve Nigeria’s Ecommerce Weakest Link

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Another intra-city logistics firm, Kwik, enters the fray in Nigeria  as startups work to fix the marginal cost paralysis associated with ecommerce in Nigeria. Jumia and Konga will rejoice but the crises are brooding for DHL, Fedex and local courier firms. Simply, the market is now hotter for courier companies. Of course, everything is still Lagos and other tier-1 cities with most other cities largely neglected. But it will not take long for those to be in play also.

Kwik connects independent delivery partners, either owners and/or drivers of a vehicle, with customers who need reliable, affordable and flexible delivery solutions. The Kwik app comes with an integrated geolocation system and offers an efficient transportation service for small packages (up to 25kg) or documents, following the same model as Go-Jek, Uber or Taxify.