Nkem Ndem V
NIGERIA
Four key things to consider before venturing into e-commerce in Nigeria

Four key things to consider before venturing into e-commerce in Nigeria[Nkem Ndem V] For many business owners in Nigeria, e-commerce is still an enigma. However, with over 60% of people in the country now using the internet, it has become a valuable tool and popular platform...

Posted 3 years ago | Like
Robin Philip
NIGERIA
Overcoming the Nigerian e-commerce payments hurdle

Overcoming the Nigerian e-commerce payments hurdle[Robin Philip] Nigeria is not "business as usual" for new entrants to the market - but for global e-commerce providers there are many opportunities...

Posted 5 years ago | Like
madmilker
madmilker commented on Tiger Brands hungry for Nigeria market share
on Wal*Mart's China web page!


"Wal-Mart China persists in local procurement which provides more job opportunities, supports local manufacture industry and promotes local economy. So far, 95% of merchandising sold at Wal-Mart China store are local products by which Wal-Mart has established business relations with nearly 20,000 suppliers. At Wal-Mart, we treat suppliers as partners and would like to develop with them. In 2008 Wal-Mart won the Supplier Satisfaction published by Business Information of Shanghai for five consecutive years."

5% foreign in China...


That doesn't support American exports and American jobs.

Remember what Lance Winslow wrote in that article "The Flow of Trade in a Global Economy"....

"Now let us look at Wal-Mart again; you buy a product there, 6% goes to the employees, 10-18% is profit to the company, 25% goes to other costs and 50% goes to re-stock or the cost of goods sold. Of the 50% about 20-25% goes to China, a guess, but you get the point. Now then, how long will it take at 433 Billion dollars at year for China to have all of our money, leaving no money flow for us to circulate? At a 17 Trillion dollar economy less than 40-years minus the 1/6 they buy from us. Some say that if we keep putting money into our economy, it would take forever, but if we do not then eventually all the money flow will go. If China buys our debt then eventually they own us, no need to worry about a war, they are buying America, due in part to our own mismanaged trade, so whose fault is that? Not necessarily China, as they are doing what's in the best interests, and we should make sure that trade is not only free, but fair too."

Think for a moment about George Washington....yes the man that is on the US dollar bill....How do you think George feels being sent overseas in return for all that foreign so-call cheap items and being left in a foreign bank because the American worker doesn't make anything for the foreigners to buy. Cheap items didn't make this great union of 50 states the greatest place on the face of this Earth.....the American worker (union and non-union) did.

You can't have a strong country without having a strong currency and you can't have a strong currency unless you keep it floating around within your 50 states. This is why the store with the star in the name puts 95% China made items in their stores in China....to keep their "yuan" in their country helping the nice people there. And with only 5% left for all the other 182 country's that make stuff including the United States of America....that doesn't produce very many jobs outside of China.

Being an old person myself and knowing how it was back in the 40's, 50's and 60's in this union of 50 states....I look at George each time I pull him out of my billfold and make a promise to send him out for items made in America so after floating around helping each hand he touches just maybe one day he will shake mine again.

Fifteen cargo ships pollute as much as 760 million automobiles.

$9 billion a year in hidden taxes to all American taxpayers to clean fish from ballast tanks of ships...

think about all those facts the next time you pull that George out of your pocket....

Retail makes NOTHING...

Governments only make MORE DEBT...

It's time for less of those two and for America to get back to what it does best....MAKE STUFF..

cause George Washington on that dollar can't help anyone in the United States of America if he is being held in a foreign hand.

Made In America is the only way out of this mess cause foreign made put US here.

Would Tiger Brands do this:
http://findarticles.com/p/articles/mi_m0JZS/is_6_22/ai_n24984155/
Posted 8 years ago | Like (1) | You like this
Franklin Ozekhome
NIGERIA
Nigerian case study: Netflix vs. Alaba Market

Franklin Ozekhome[Franklin Ozekhome] Three decades ago, there was a big boom in the Nigerian video rental industry. Parents and guardians that could not afford regular purchase of VHS movies to satisfy the increasing tastes of movie aficionados at home were given a way out. Renting of video cassettes was in. With as little as 50 kobo (US$0.33), one could rent any movie from a growing number of video shops.

Posted 9 years ago | Like