Why eCommerce startups fail in Africa
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- čas přidán 9. 06. 2024
- This snippet is culled from episode 227 of the Techpoint Africa Podcast.
You can listen to the full episode here: • Are we expecting too m...
Music: Beach by MBB - • MBB - Beach
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Am loving this, keep up the good work!
One of the thing i have noticed with ecom startups in africa . "niche and path .... diversity is great but is not for African start ups . specify your niche and focus ... don't add other value cus of greed . that business will bleed out
15:18 The truth really is that the global e-commerce model doesn't work in Africa because of Africans' relationship with money and honestly they don't offer enough value to incentivise the stakeholders of the market.
The answer is simple, we are broke to spend on extra besides food, bills, fees, clothing and shelter.