Social commerce is on the rise in Nigeria. According to a report, the social commerce industry is expected to grow steadily over the forecast period, with a projected CAGR of 71.3% during 2022-2028. The social commerce GMV in Nigeria will increase from US$1billion in 2022 to reach US$23billion by 2028.
Several startups have sprung up over the past few years to harp on these growth but none have been able to answer the most pressing challenge bedevilling the social commerce space in Nigeria; fraud and lack of trust.
Vendorstack, a cutting-edge social commerce solution, emerges as the answer to Nigeria’s online fraud and trust challenges. Designed to establish a central order system, this platform assures businesses a secure and reliable way to sell their products online through escrow service.
With an array of user-friendly features such as a secure payment gateway, intuitive interface, and robust store management tools, Vendorstack is set to revolutionize the online selling landscape in Nigeria. Say goodbye to e-commerce obstacles and embrace a seamless and trustworthy selling experience with Vendorstack.
Nigeria has over 92 million social media users, the highest in Africa. Nigeria also records the highest number of minutes spent on social media compared to any other part of the world. All these portends to a very positive sign for the social commerce landscape in Nigeria, one in which Vendorstack is ready to harness.
Vendorstack offers businesses a range of features that make it easy for them to sell their products online for free. Some of these features include a secure payment gateway, a free storefront, in-store analytics, chat, unlimited products, real time order notifications.
Vendorstack’s co-founders, Ifeoluwa King and Olanipekun Kazeem, reassures businesses that they can sell products online without fear of scams. The platform’s focus on protecting its users and providing essential tools for online success has earned them trust in the e-commerce landscape. With an ongoing dedication to improving its services, Vendorstack stands as a reliable and supportive partner for businesses in today’s online space.
Vendorstack stands as a game-changing force in the Nigerian e-commerce landscape, addressing crucial issues like online fraud and lack of trust. By providing vendors with an intuitive interface, access to a large audience and a range of powerful tools, Vendorstack empowers businesses to flourish and thrive in the digital realm. As we embark on this transformative journey together, let Vendorstack be the catalyst for growth, forging a new era of trustworthy and prosperous social commerce in Nigeria. Join us today and unlock the full potential of your online business with Vendorstack!
To sign up as a vendor, visit; www.getvendorstack.com
For more info, please follow vendorstack on all its social media platforms;
Facebook: @vendorstack Twitter: @vendorstack Instagram: @vendorstack
