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Driving SME Growth In Nigeria – Glovo Launches Glovo Ads At Annual Partners & Brands Event

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Driving SME Growth In Nigeria - Glovo Launches Glovo Ads At Annual Partners & Brands Event

…Glovo celebrates outstanding partners at its annual Partners and Brands event with over 80 local and international partner brands in attendance

…Brands can deploy Brands Ads to target users both on and off App, gaining up to three times ROAS

…Small businesses can use Partner Ads to help them quickly switch on advertising and drive local sales

By Moninuola Sulaiman

Glovo, one of the world’s leading multi-category apps, has launched Glovo Ads, a new offering designed to enable brands, restaurants, and shops to accelerate their growth and market themselves to consumers directly in-app. This was announced at its annual Partners and Brands event which took place on July 7th, 2023, in Ikoyi, Lagos to celebrate the power of partnerships in boosting Nigeria’s E-commerce industry.

 

Lorenzo Mayol, Brands Ads Director for Africa and outgoing General Manager for Glovo Nigeria kicked off the event by introducing Lamide Akinola, the newly appointed General Manager of Glovo Nigeria. In his address, he explained that Glovo Ads has been specifically designed to provide partners with the tools they need to deploy campaigns across the marketing funnel and help small businesses and restaurants to drive sales in their local area.

Both large multinational brands and small independent shops can use Glovo’s specialist services through two specific platforms:

Through Brands Ads, marketers can use auto bidding, an advanced automation solution that optimises the bidding process by calculating the expected value of the impression based on the learned conversion rate over time and the price of the product.

With Partner Ads, small and medium-sized shops and restaurants are guided as to the best placement within the app to ensure the highest return on investment. And because many of these businesses don’t have dedicated marketing teams, Glovo Partner Ads makes it easy to start advertising with any budget on a pay-per-click basis that can be paused at any time to ensure partners always see a positive return on investment.

Driving SME Growth In Nigeria - Glovo Launches Glovo Ads At Annual Partners & Brands EventDriving SME Growth In Nigeria - Glovo Launches Glovo Ads At Annual Partners & Brands Event

Glovo Ads will also provide off-app services, enabling both brands and smaller retailers to reach users through programmatic buying, all via Glovo’s self-service model. Brands can also see how their campaigns are performing in real time, enabling them to adjust their spending to target consumers accordingly both on and off the app. Already, companies in Nigeria such as Coca-Cola, Bacardi, Pernod Ricard, Diageo, Nestle, Tolaram and Reckitt, have built Glovo into the marketing stack, while multinational advertising companies like Publicis are working with their clients to market through the app.

 

Lorenzo Mayol, Brands Ads Director for Africa, explains: “With millions of users regularly buying a dynamic range of products thanks to our multi-category offering beyond just takeaway and grocery shopping, we can help these businesses to build brand awareness and grow sales at a time when it is becoming significantly more challenging to reach customers effectively.”

Driving SME Growth In Nigeria - Glovo Launches Glovo Ads At Annual Partners & Brands Event

Lorenzo Mayol, Brands Ads Director for Africa.

Lamide Akinola, in her first public appearance as the General Manager of Glovo Nigeria, shared inspiring insights into Glovo’s remarkable achievements, focusing on its high-level statistics, user growth, and overall success. Lamide proudly announced that the platform has experienced an outstanding 350% growth rate year-on-year, attributing this impressive result to Glovo’s unwavering commitment to affordability and customer satisfaction.

 

“Our continued growth and success reflect the trust and loyalty that both our partners and customers have placed in Glovo,” said Lamide Akinola, General Manager, Glovo Nigeria. “We are dedicated to delivering a seamless and convenient experience for our users while continuously expanding our network of partners and brands to provide an unmatched variety of offerings, and contribute to our local and pan-African growth.”

Driving SME Growth In Nigeria - Glovo Launches Glovo Ads At Annual Partners & Brands Event

Lamide Akinola, General Manager, Glovo Nigeria

 

During the event, Glovo recognised exceptional performances and presented awards to deserving partners and sales associates. These awards acknowledged excellence in various categories, highlighting remarkable accomplishments and the relentless pursuit of delivering exceptional services. Among the awards bestowed were Customer’s Favorite, Above and Beyond Recognition, Visionary, Rising Star, and Q-commerce Innovation, to name a few.

 

 

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Jumia Empowers Rural Communities In Nigeria Through E- Commerce

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In the rapidly evolving landscape of global e-commerce, Nigeria’s e-commerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest e-commerce market globally. Over the past few years, Nigerian consumers are increasingly turning to online stores for their shopping needs, and the industry has seen tremendous growth. At the forefront of this change in consumer behaviour is Jumia. After years of operation in 11 African countries and becoming the biggest player in the Nigerian e-commerce market, Jumia launched a report titled “E-Commerce in Rural Areas,” outlining a series of critical lessons that have revolutionised how the company reaches consumers in the most remote corners of the nation. It sheds light on the company’s journey, offering valuable insights into the power of community engagement, strategic partnerships, and the empowerment of local entrepreneurs. Acknowledging the significant influence that e-commerce can have on Nigeria's economy, Jumia launched the JForce program, which takes a grassroots approach by involving individual sales consultants within local communities. This approach has yielded 43,000 local sales consultants who play a crucial role in driving consumer education and unlocking potential of rural entrepreneurship. Amidst a 40% unemployment rate, Jumia's JForce initiative is a transformative force, generating employment opportunities and empowering individuals financially. For many, it has become a vital source of income and stability, offering hope in the face of challenging economic conditions. Notwithstanding the growing internet penetration in Nigeria, there is still a large percentage of Nigerians who do not have access to smartphones. In rural areas where digital literacy is limited, JForce representatives foster trust through personalised interactions and word-of-mouth marketing. This strategy has been a significant driver of the e-commerce market by enhancing accessibility. The success of JForce activations plays a crucial role in acquiring new consumers and raising brand awareness in remote regions. The goal is to bridge the digital divide, allowing rural customers to break free from geographical constraints and access various products. Furthermore, reaching out to potential customers in remote regions may require a more resourceful approach involving strategic investments in logistics. As part of its commitment to accessibility and inclusivity, Jumia established over 250 pickup stations and forged partnerships with trusted logistic partners to facilitate product delivery to secondary cities and rural areas. The strategic placement of pick-up stations across various towns ensures that even the most remote corners of Nigeria are accessible, consequently revealing untapped markets. Although Nigeria's logistical challenges have often hampered economic development in remote regions, Jumia's partnership with these local logistics providers addresses this issue to stimulate growth and development within the sector. Such partnerships foster acceptance and adoption of e-commerce, particularly among customers familiar with these local businesses. By leveraging the capabilities of local logistics providers, the company has optimised its last-mile delivery, resulting in enhanced cost-effectiveness and efficiency for all stakeholders involved. Jumia's expansion into rural regions has had a remarkable effect on women entrepreneurs, making it an inspiring aspect of their endeavours. In a country where gender inequality has been a persistent issue, witnessing a significant rise in the participation of women in business represents a notable step forward in the economic landscape. This growing involvement of women entrepreneurs fosters inclusive growth and symbolises progress in promoting gender empowerment. The commendable statistic that over 50% of Jumia Nigeria's sellers are women illustrates a transformative shift in the business environment, emphasising the promotion of economic inclusivity and empowerment of women. As this trend continues, it holds the potential to contribute significantly to Nigeria's overall economic growth and development. The success of Jumia's E-Commerce expansion in remote regions in Nigeria reaffirms the company's commitment to empowerment, accessibility, and preparedness for sustained growth. The report highlights a critical takeaway - that businesses can play a pivotal role in driving Nigeria's journey towards sustainable and equitable economic growth by embracing inclusivity and forging strategic partnerships. As the nation navigates economic challenges, Jumia's approach, in the long run, may serve as a blueprint for creating economic opportunities and positively impacting local communities.

Rashidat Okunlade Writes

In the rapidly evolving landscape of global e-commerce, Nigeria’s e-commerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest e-commerce market globally.

Over the past few years, Nigerian consumers are increasingly turning to online stores for their shopping needs, and the industry has seen tremendous growth. At the forefront of this change in consumer behaviour is Jumia.

After years of operation in 11 African countries and becoming the biggest player in the Nigerian e-commerce market, Jumia launched a report titled “E-Commerce in Rural Areas,” outlining a series of critical lessons that have revolutionised how the company reaches consumers in the most remote corners of the nation. It sheds light on the company’s journey, offering valuable insights into the power of community engagement, strategic partnerships, and the empowerment of local entrepreneurs.

Acknowledging the significant influence that e-commerce can have on Nigeria’s economy, Jumia launched the JForce program, which takes a grassroots approach by involving individual sales consultants within local communities. This approach has yielded 43,000 local sales consultants who play a crucial role in driving consumer education and unlocking potential of rural entrepreneurship. Amidst a 40% unemployment rate, Jumia’s JForce initiative is a transformative force, generating employment opportunities and empowering individuals financially. For many, it has become a vital source of income and stability, offering hope in the face of challenging economic conditions.

Notwithstanding the growing internet penetration in Nigeria, there is still a large percentage of Nigerians who do not have access to smartphones. In rural areas where digital literacy is limited, JForce representatives foster trust through personalised interactions and word-of-mouth marketing. This strategy has been a significant driver of the e-commerce market by enhancing accessibility. The success of JForce activations plays a crucial role in acquiring new consumers and raising brand awareness in remote regions. The goal is to bridge the digital divide, allowing rural customers to break free from geographical constraints and access various products.

Furthermore, reaching out to potential customers in remote regions may require a more resourceful approach involving strategic investments in logistics. As part of its commitment to accessibility and inclusivity, Jumia established over 250 pickup stations and forged partnerships with trusted logistic partners to facilitate product delivery to secondary cities and rural areas. The strategic placement of pick-up stations across various towns ensures that even the most remote corners of Nigeria are accessible, consequently revealing untapped markets.

Although Nigeria’s logistical challenges have often hampered economic development in remote regions, Jumia’s partnership with these local logistics providers addresses this issue to stimulate growth and development within the sector. Such partnerships foster acceptance and adoption of e-commerce, particularly among customers familiar with these local businesses. By leveraging the capabilities of local logistics providers, the company has optimised its last-mile delivery, resulting in enhanced cost-effectiveness and efficiency for all stakeholders involved.

In the rapidly evolving landscape of global e-commerce, Nigeria’s e-commerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest e-commerce market globally.

Over the past few years, Nigerian consumers are increasingly turning to online stores for their shopping needs, and the industry has seen tremendous growth. At the forefront of this change in consumer behaviour is Jumia.

After years of operation in 11 African countries and becoming the biggest player in the Nigerian e-commerce market, Jumia launched a report titled “E-Commerce in Rural Areas,” outlining a series of critical lessons that have revolutionised how the company reaches consumers in the most remote corners of the nation. It sheds light on the company’s journey, offering valuable insights into the power of community engagement, strategic partnerships, and the empowerment of local entrepreneurs.

Acknowledging the significant influence that e-commerce can have on Nigeria's economy, Jumia launched the JForce program, which takes a grassroots approach by involving individual sales consultants within local communities. This approach has yielded 43,000 local sales consultants who play a crucial role in driving consumer education and unlocking potential of rural entrepreneurship. Amidst a 40% unemployment rate, Jumia's JForce initiative is a transformative force, generating employment opportunities and empowering individuals financially. For many, it has become a vital source of income and stability, offering hope in the face of challenging economic conditions.

Notwithstanding the growing internet penetration in Nigeria, there is still a large percentage of Nigerians who do not have access to smartphones. In rural areas where digital literacy is limited, JForce representatives foster trust through personalised interactions and word-of-mouth marketing. This strategy has been a significant driver of the e-commerce market by enhancing accessibility. The success of JForce activations plays a crucial role in acquiring new consumers and raising brand awareness in remote regions. The goal is to bridge the digital divide, allowing rural customers to break free from geographical constraints and access various products.

Furthermore, reaching out to potential customers in remote regions may require a more resourceful approach involving strategic investments in logistics. As part of its commitment to accessibility and inclusivity, Jumia established over 250 pickup stations and forged partnerships with trusted logistic partners to facilitate product delivery to secondary cities and rural areas. The strategic placement of pick-up stations across various towns ensures that even the most remote corners of Nigeria are accessible, consequently revealing untapped markets.

Although Nigeria's logistical challenges have often hampered economic development in remote regions, Jumia's partnership with these local logistics providers addresses this issue to stimulate growth and development within the sector. Such partnerships foster acceptance and adoption of e-commerce, particularly among customers familiar with these local businesses. By leveraging the capabilities of local logistics providers, the company has optimised its last-mile delivery, resulting in enhanced cost-effectiveness and efficiency for all stakeholders involved.

Jumia's expansion into rural regions has had a remarkable effect on women entrepreneurs, making it an inspiring aspect of their endeavours. In a country where gender inequality has been a persistent issue, witnessing a significant rise in the participation of women in business represents a notable step forward in the economic landscape. This growing involvement of women entrepreneurs fosters inclusive growth and symbolises progress in promoting gender empowerment. The commendable statistic that over 50% of Jumia Nigeria's sellers are women illustrates a transformative shift in the business environment, emphasising the promotion of economic inclusivity and empowerment of women. As this trend continues, it holds the potential to contribute significantly to Nigeria's overall economic growth and development.

The success of Jumia's E-Commerce expansion in remote regions in Nigeria reaffirms the company's commitment to empowerment, accessibility, and preparedness for sustained growth. The report highlights a critical takeaway - that businesses can play a pivotal role in driving Nigeria's journey towards sustainable and equitable economic growth by embracing inclusivity and forging strategic partnerships.

As the nation navigates economic challenges, Jumia's approach, in the long run, may serve as a blueprint for creating economic opportunities and positively impacting local communities.

Jumia’s expansion into rural regions has had a remarkable effect on women entrepreneurs, making it an inspiring aspect of their endeavours. In a country where gender inequality has been a persistent issue, witnessing a significant rise in the participation of women in business represents a notable step forward in the economic landscape. This growing involvement of women entrepreneurs fosters inclusive growth and symbolises progress in promoting gender empowerment. The commendable statistic that over 50% of Jumia Nigeria’s sellers are women illustrates a transformative shift in the business environment, emphasising the promotion of economic inclusivity and empowerment of women. As this trend continues, it holds the potential to contribute significantly to Nigeria’s overall economic growth and development.

The success of Jumia’s E-Commerce expansion in remote regions in Nigeria reaffirms the company’s commitment to empowerment, accessibility, and preparedness for sustained growth. The report highlights a critical takeaway – that businesses can play a pivotal role in driving Nigeria’s journey towards sustainable and equitable economic growth by embracing inclusivity and forging strategic partnerships.

As the nation navigates economic challenges, Jumia’s approach, in the long run, may serve as a blueprint for creating economic opportunities and positively impacting local communities.

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Airtel Nigeria Appoints Kemi Ariyo And Dhillon Hermanpreet As Directors

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Airtel Nigeria Appoints Kemi Ariyo And Dhillon Hermanpreet As Directors

Rashidat Okunlade Writes

Leading telecommunications service provider, Airtel Nigeria, has announced the appointment of two directors to join its executive leadership team.

The company named Kemi Ariyo as the new Director of Information and Technology and Harmanpreet Singh Dhillon as Director of Network Transformation and Planning.

According to Airtel, both appointments are set to bring about a new era of innovation and growth within the business.

Speaking on the recent appointments, Chief Executive Officer, Airtel Nigeria, Carl Cruz, said the notably experienced Kemi Ariyo will play a pivotal role in driving Airtel Nigeria’s digital transformation efforts and the company is pleased to elevate an excellent female leader within its ranks to the position.

On his part, Cruz stated that Mr. Harmanpreet will spearhead the telecom giant’s network transformation initiatives, geared towards strengthening its infrastructure and ensuring steady services for subscribers.

“We are thrilled to welcome Kemi and Harmanpreet on board. Their in-depth expertise and experience will be invaluable in driving our technological transformation and delivering exceptional experiences to our over 60 million users. We are confident that, with their experience and expertise, Airtel will continue to innovate and stay ahead while developing cutting-edge solutions to meet the evolving needs of our customers,” Cruz said.

Airtel Nigeria Appoints Kemi Ariyo And Dhillon Hermanpreet As Directors

Kemi Ariyo

Harmanpreet Singh Dhillon, the company revealed, brings an impressive background experience of over 23 years in the telecommunications industry and a passion for driving technological advancements.

Previously, he had served in various capacities across different organizations, including Vodafone, Nokia, Huawei, and was Chief Technology Officer at One Airtel in Karnataka, India, where he was responsible for leading the technology strategy, forecasting, expansion, operations, cost optimization, and capex planning for the networks team.

Kemi Ariyo also brings years of cross-industry and cross-continental career experience across the IT value chain with a track record of providing technical solutions geared towards service efficiency, customer experience, and business profitability.

Her contribution to Airtel started from her days as a Business Operations Analyst, under the management service at IBM, where she moved into several leadership roles until she fully joined Airtel in 2017.

Recall that Airtel recently completed the first batch of staff promotions for its financial year 2023/24. This promotion cycle saw the elevation of no fewer than 20 employees into senior leadership roles, out of whom three were women, and one out of these women was elevated to a vice president position.

 

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Airtel Nigeria Partners Top Device Manufacturers To Drive 5G Adoption

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Airtel Nigeria Partners Top Device Manufacturers To Drive 5G Adoption

Rashidat Okunlade Writes

Airtel Nigeria has announced its partnership with renowned manufacturers of 5G-enabled devices. The partnership is in line with Airtel’s commitment to enhance innovation, improve customer experience, and drive the adoption of 5G technology to transform various aspects of customers’ daily activities.

According to the Chief Commercial Officer of Airtel Nigeria, Femi Oshinlaja, the strategic partnership is not only to increase access to the latest technological advancements but also to encourage consumers to take advantage of the vast potential of 5G connectivity.

“Our partnership with leading 5G device manufacturers like Samsung, Tecno, and Infinix is a testament to Airtel’s commitment to providing our customers with access to the latest technological advancements. We believe that through this partnership, consumers will not only gain awareness about the potential of 5G but also access devices that enable them to fully embrace the benefits of this transformative technology,” he said.

A notable highlight of this partnership is the exclusive data package provided for users of the Samsung Galaxy Z Fold 5. For just 2000 naira, customers can enjoy a generous 10GB of data, allowing them to explore the vast potential of 5G connectivity.

Airtel’s partnership with smartphone manufacturers has also enabled the introduction of the lowest-priced 5G device in Nigeria such as the Samsung A14 5G, Samsung’s flagship fold and flip 5, Infinix Hot 30 5G, Tecno Camon 201 and Tecno Spark 101.

 

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