By Adedapo Adesanya
Omnibiz Africa, a Business-to-Business (B2B) e-commerce company, has moved to adopt the relatively new Buy Now Pay Later (BNPL) model in the Nigerian market.
This is part of the two new features launched by the company at an event recently in Lagos.
The Buy Now Pay Later model will help retailers scale their businesses faster by providing them with credit options to grow their businesses.
In addition, the firm also featured a new sell app called MyStore. This is a book-keeping application for retailers to help them track their sales, cost, price, profit and manage their customers.
Speaking at the launch event which held at Raddison Blu Anchorage Hotel, Victoria Island, the CEO of Omnibiz Africa, Mr Deepankar Rustagi stated that, ‘’With the introduction of MyStore App, retailers can now replace the traditional paper-based book-keeping with the automated book-keeping app. This app will help retailers record their sales and measure their profit.
“They will also be able to manage their stock inventory effectively and monitor their customers with the app. There is also the advantage of being able to manage their stores online with the app when they are not physically present at their locations.”
He added that the credit feature, Buy Now Pay Later, will help retailers scale their business as they now have access to purchase more goods and pay back after selling the products.
This is coming after Omnibiz Africa recently got funding of $3 million, leading it to expand the scope of its operations.
The CEO reassured that the company was indeed committed to improving the lives of the key stakeholders in their business.
Omnibiz is a B2B e-commerce trade platform that eliminates the inefficiencies of traditional trade by digitizing the key stakeholders.
It has provided over 50,000 retailers the convenience to buy from over 500 products Omnibiz, ensuring retailers get better ROI and distributors/ manufacturers grow volume and reach through a wider distribution network.
The company currently delivers to six states across Nigeria and is set to grow beyond the borders of Nigeria.
Rite Foods Introduces New Fruit Drink in Five Flavours
By Modupe Gbadeyanka
A new fruit drink with five flavours called Sosa Fruit Drink has been introduced into the Nigerian drink market by Rite Foods Limited.
The market of carbonated soft drinks, energy drinks and sausages explained in a statement that the new product was created to meet the needs of consumers, who yearn for quality and refreshing fruit drinks.
Sosa Fruit Drink comes in Orange, Apple, Orange Passion and Mango, Mixed Berries, and Cranberry flavours in 35cl and one-litre packs.
The Managing Director of Rite Foods, Mr Seleem Adegunwa, said the company’s commitment to its consumers’ satisfaction remains unmatched, as it continuously ensures it produces premium quality products that meet consumers’ needs in a manner that reflects positively on the business and the market.
“Our values of innovation and excellence at Rite Foods help us to remain committed to growing with the consumers’ tastes through our unique selling proposition.
“This is evident in our new range of Sosa fruit drink products, its quality, package, sizing as well as pricing, all of which are produced with state-of-the-art infrastructure and up-to-the-minute technology to delight and refresh consumers all over the world,” Mr Adegunwa said.
The Brand Manager for Beverage and Bakery at Rite Foods, Ms Boluwatife Adedugbe, described Sosa Fruit Drink as an exceptional brand that guarantees the highest quality products for consumers’ refreshment, noting that the firm was excited to offer consumers the new range of Sosa fruit drink that delivers the ultimate refreshment.
Rite Foods is a subsidiary of Ess-Ay Holdings established in 2007. It boasts Bigi soft drink, Rite Spicy, Bigi Beef and Rite Sausages.
Zoho Introduces New Product for SMEs, Gets Office in Lagos
By Dipo Olowookere
Global technology company, Zoho, will next month officially open its third African office in the Lekki area of Lagos as part of its efforts to serve its clients in Nigeria better.
Addressing journalists in Lagos on Friday, the President of Zoho for MEA, Mr Hyther Nizam, explained that the decision to bring the company closer to its consumers in the country is because Nigeria is its largest market on the continent.
He noted that the firm will use the opportunity to reduce the unemployment rate in the country as it would hire more employees locally for customer-facing roles, especially in the sales, marketing and other departments.
While speaking on the sidelines of the company’s first user conference in the country tagged Zoholics Nigeria, Mr Nizam further disclosed that Zoho has introduced a new product called Zoho Africa Digital Enabler package tailored for small and medium enterprises (SMEs) with about five employees.
According to him, the Zoho Africa Digital Enabler package, which will be available from July 1, 2022, will help small businesses take steps towards digital transformation and it would be offered at a discount of 50 per cent for a period of three months with a collection of 10 leading apps.
He explained that subscribers will have access to standard support available to them, which will allow access to a knowledge base, community forums, a self-service portal, email support and remote assistance. It also includes live chat support and telephonic support during working hours five days a week.
“For small businesses, enterprise technology is prohibitively priced and inaccessible,” said Mr Nizam. “We want to remove the technology adoption barrier and help them kickstart their digital transformation journey, which will in turn help them stay nimble and quickly adapt to changing market conditions.
“The products are available in local pricing, helping businesses avoid cost fluctuations due to changing dollar value, which is beneficial in the current turbulent economy. We hope that Nigerian businesses will avail of this plan and fast-track their growth by leveraging cloud technology.”
Business Post gathered that in the package are Zoho Workplace, Zoho Invoice, and Zoho Begin, among others.
The Zoho Workplace is a unified platform that brings together collaboration, productivity, and communications tools and integrates them into other business processes. It has secure business email (Zoho Mail), team chat (Zoho Cliq), and an online office suite (Zoho Writer, Zoho Sheet, Zoho Show, and Zoho WorkDrive).
The Zoho Invoice helps users create and send customised invoices, track time, and bill customers accurately. It can also improve their cash flow by automatically sending payment reminders to customers, and getting paid online faster through debit/credit cards and PayPal. Moreover, businesses can record and track expenses by simply scanning their expense receipts. They will also be able to track tax levied on every transaction, allow customers to view their invoices, and projects, and make payments through the self-service portal.
As for the Zoho Bigin, it is a pipeline-centric CRM designed specifically to help MSMEs keep track of their customers and improve customer relationships without having to worry about high costs or complicated features. It can be set up in 30 minutes, with options to create multiple pipelines with customisable stages based on a company’s operation style.
P+ Measurement Holds 20th EvaluatePR Friday
By Aduragbemi Omiyale
Friday, June 24, 2022, has been fixed for the 20th edition of the quarterly EvaluatePR hosted by a leading media intelligence agency, P+ Measurement Services.
According to a statement issued by the company, the programme is themed Dissecting the relevance of Measurement and Evaluation in Reputation Management and will take place between 12 pm and 1:30 pm (West African Time).
The resource persons for the 20th EvaluatePR are Abimbola Shukrah Bello, Marketing & Communications, Johns Hopkins Centre for Communication Program; Francois Van Dyk, Head of Operations, Ornico Group; and Damilola Sobajo, PR/Marketing Consultant. They will together provide their wealth of knowledge and experiences, insights and answers to the theme of the event.
Evaluate PR is an enlightening, interactive and informative event, featuring communications, public relations, and media monitoring professionals who share their experiences, advice, insights, and quotes on media monitoring measurement and evaluation in a question and answer session.
Participation in the event is free via a Google Meet link, https://meet.google.com/tpq-nsgm-svk.
P+ Measurement is an independent media intelligence and evaluation service provider established by Mr Philip Odiakose.
The firm offers media monitoring, measurement, evaluation, and performance audit services to brands, agencies, and government bodies
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