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M-commerce Presented by: EYO BASSEY . F.

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Presentation on theme: "M-commerce Presented by: EYO BASSEY . F."— Presentation transcript:

1 m-commerce Presented by: EYO BASSEY . F

2 M-Commerce || Digital Expo 2018
M-COMMERCE OVERVIEW Mobile commerce (m-commerce, m-business)—any e-commerce done in a wireless environment, especially via the Internet - commercial activities are conducted, through telecommunication devices. . M-Commerce || Digital Expo 2018

3 M-Commerce || Digital Expo 2018
e-commerce Vs m-commerce BASIS FOR COMPARISON E-COMMERCE M-COMMERCE Meaning Any kind of commercial transaction that is concluded, over the internet using electronic system is known as e-commerce. M-commerce refers to the commercial activities which are transacted with the help of wireless computing devices such as cell phone or laptops. Which device is used? Computers and Laptops Mobiles, tablets, PDA's, iPad etc. Developed In 1970's In 1990's What is it? Superset Subset Ease of carrying device No YES Use of internet Mandatory Not mandatory Payment gateway Credit/Debit Cards Caller’s rate, mobile banking or user’s credit card M-Commerce || Digital Expo 2018

4 Evolving m-commerce offerings
Retail FinTech On-Demand Services Travel, Transport & Logistics FoodTech

5 M-Commerce || Digital Expo 2018
The Customer M-COMMERCE 4 Party Model The Issuer The Acquirer The merchant has a business relationship with the Acquirer, and the Acquirer has a relationship of trust with the Issuer. The Merchant M-Commerce || Digital Expo 2018

6 M-Commerce || Digital Expo 2018

7 M-Commerce || Digital Expo 2018
Time for a Short break M-Commerce || Digital Expo 2018

8 Nigeria First OmniChannel Retail Company.
A firm focusing on building “The WALMART” of Africa, Starting from Nigeria – Nigeria First OmniChannel Retail Company. M-Commerce || Digital Expo 2018

9 What’s the problem A Desire Gap…. In Nigeria, there’s a gap between what consumers desire and what retailers provide. Consumers desire a bridge between Online Shopping and Brick and Mortar Shopping - due to TRUST and CONVENIENCE issues associated with both channels. No retailer has been able to address this problem yet!

10 M-Commerce || Digital Expo 2018
Market Opportunities Africa’s single largest consumer market Un-crowded Retail Penetration In 2017 the country’s retail sales totaled $109bn, according to US management consulting firm AT Kearney’s 2017 Global Retail Development Index (GRDI) report. Penetration of organized retail in Nigeria is still very low especially when compared to developed Nations such as the UK & US Nigeria’s middle class is at scale Nigeria’s retail development is supported by a middle class that has grown by 600 per cent in the last few years and now includes 4.1 million households, or 11% of the country’s total population this figure is projected to increase to 11.7m households by 2030 and consumers spending excess of about $100 billion a year this is according to AT Kearney’s 2016 Global Retail Development Index. Booming E-Commerce  Nigeria’s e-commerce spending was $550m in 2014, and could grow to an estimated $10bn by 2025, according to McKinsey Global Institute and a combined $400m in external investment from Europe and the US. M-Commerce || Digital Expo 2018

11 OmniChannel -Commerce Relevancy
Business Model OmniChannel -Commerce Relevancy PayPorte’s business model is to enable customers shop more diversely than ever before in Nigeria – across multiple Websites, Store Fronts, Platforms and Devices – and that, in order for us to be successful, we have to deliver a consistent, seamless experience across every one of these touch points. M-Commerce || Digital Expo 2018

12 M-Commerce || Digital Expo 2018
WHAT WE SELL… GAMES & GADGETS FASHION SHOES & BAGS KIDS & TOYS ELCETRONICS PHONES HOME & OFFICE COMPUTERS HEALTH & BEAUTY JEWELRIES & SUNGLASSES GROCERIES BOOKS & MUSIC M-Commerce || Digital Expo 2018

13 PAYPORTE – Revenue Channels
- Web Brick and Mortar Stores Over 100k customers and accounts for 40% total sales 1 Store opened and 5 Stores opening Q sqm retail space already secured. Accounts for 48% total sales. Telephone Mobile App IVR Platform to open Q1 2018 Re-Launched in Q Over 50k downloads and accounts for 7% total sales Social Media Magazine & Brochures Over 600k customers and accounts for 5% total sales To commence Q2 2018 Commissions from Sellers Hub merchants Commissions Signups Gift Vouchers Advertising Affiliate Featured Listings Subscriptions Sales from Products procured, owned or produced by PayPorte production factories (MoncGreen) Private Labels Daily, Weekly and Monthly deals Auctions Exclusive Partners Value Added Services Partnerships M-Commerce || Digital Expo 2018

14 Profile of The Consumer
Intuitively, price is important to the majority of African consumers, but it’s particularly crucial for Nigerians. Low Price Hunters 85% always go shopping with friends and family. They identify with clothing and will pay a premium for fashion.  Social Fashionistas  Nigerians are very status-conscious and are interested in projecting the right image. Aspirational Brand Buyers Brand loyalty is high among Nigerians. 70% say they are brand loyal versus 59% in Africa as a whole. It’s not just about price Profile of the Nigerian consumer Nigerians desire a convenient, well laid out, modern shopping experience. Although price is important, some Nigerians prioritize modern shopping experiences Shopping Experience Digital media sources are growing, as is the use of mobile technology. Half of all Nigerians have accessed the internet over the past four weeks. Media Habits are Changing M-Commerce || Digital Expo 2018

15 19% 39% 42% Online shopping preferences PayPorte Customers DESKTOP
MOBILE WEBSITE MOBILE APP M-Commerce || Digital Expo 2018

16 M-Commerce || Digital Expo 2018
Population  Nigeria is the giant of Africa. $1.4k GDP Per Capita  Nigeria’s GDP per capita is $1,443 16% GDP Contribution Wholesale and retail is the 3rd largest contributor to Nigeria’s GDP Market Size 2017 90m Internet Users Monthly connected internet users in Nigeria $109BN Retail Index Highest global retail development index 40M Customers Upper, Middle and emerging middle class M-Commerce || Digital Expo 2018

17 Projected Market Size 2022 50.8M 220m $2.4k 16% 136m $144BN
Population  Nigeria is the giant of Africa. $2.4k GDP Per Capita  7% annual growth rate for Nigeria’s GDP per capita Projected Market Size 2022 16% GDP Contribution Wholesale and retail is the 3rd largest contributor to Nigeria’s GDP 136m Internet Users African average of around 16%, as estimated by McKinsey $144BN Retail Index A compound annual growth rate (CAGR) of 1.2%  50.8M Customers 27% growth of Upper, Middle and emerging middle class Digital Expo 2018

18 THE PAYPORTE ADVANTAGE
Private Label PayPorte produces 70% of it’s apparels from its factory in Nigeria and China. Has strategic partnership deals with major manufacturers in China, US & UK. PayPorte owns the MoncGreen label. Omni-Channel PayPorte commenced its Omni-Channel strategy in We have a very strong online presence and the only ecommerce company with over 6000sqm retail store front across major cities in Nigeria Brand & Team PayPorte is the fasted growing retail company in Nigeria. We have a very strong brand appeal and loyal customers. Very vibrant and dedicated work force with average age of 25+ Global Business Network Physical offices in China, UK & US. PayPorte network has aided ease of product supply as well as improved strategic partnerships with suppliers. No Cash-On-Delivery All products are paid for before shipped out. This has brought about a better cash flow, improved book keeping, reduced returns and reduced overhead on logistics. Digital Expo 2018

19 PAYPORTE – Numbers at a Glance
CUSTOMERS MERCHANTS PRODUCTS SKU TEAM SALES We boast of very loyal customers with very strong brand affiliation. PayPorte launched its marketplace in Q called SellersHub. PayPorte sells a variety of products. We intend PayPorte to be the preferred shopping destination. PayPorte has a very young, dedicated and vibrant work force. We run an equal opportunity organization. We expect to double our total life times sales by 2018 based on new brick and mortar stores expected to be opened in Q 114k 6K 200K 350 >$1.8M Digital Expo 2018

20 M-commerce The transition from traditional commerce to e-commerce and now to m-commerce has been driven by the retail segment. Disruptive business innovations along with ease of use technology would act as an enabler in transforming traditional businesses to M-commerce. . Conclusion

21 Time for a Q&A


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