eCommerce Business in Nigeria

It’s no news that learning how to start ecommerce business in Nigeria is one of the smartest and fastest ways to amass wealth. Most especially in this 21st century.

In a country of over 180million residents. Which includes over 90million being internet users could be accredited to the success of e-commerce in Nigeria.

E-commerce is simply a sales transaction that takes place over the internet in other words electronic commerce.  

1. Business –to – business (B2B): this refers to the exchange of products and services between businesses rather than business and consumer.
2. Business – to – consumer (B2C): selling of products and services from a business to the consumer. This is the most popular e-commerce business.
3. Consumer – to – consumer (C2C): this is the type of e-commerce business in which consumers exchange products and services directly to each other online. This is usually done through a third party platform online.
4. Consumer – to – Business (C2B): this kind refers to the process whereby individuals make their products and service to be sold to companies. Or an individual that’s rendering service for a company over the internet. E.g. logo artist or a freelancer.
5. Business – to – Administration (B2A): business to administration is the business transaction between companies and governments. This could be private companies providing services for the public administration.
6. Consumer – to – Administration (C2A): finally, consumer to administration is the transaction between individual and public administration. A good example is an electronic tax filing.

How to start  eCommerce Business in Nigeria