The Common Mistakes Nigerian Make Between An Online Store and Online Market

The online market in Nigeria definitely witnessed an explosion from the year 2013 and is definitely at its peak right now with online markets such as OLX and shops such as Jumia. However many Nigerians have not yet mastered the art of safe guarding themselves from online fraudsters due to the fact that they assume everything works the way you see it in American movies where you order pay online and just like that! Its at your door step.

Let’s get some things clear an online store is different from an online market. An online store is more or less like a supermarket where you see different products with prize tags. You pick whatever item you want, you pay online and whatever you purchase gets delivered to your home or office. For example Jumia and Konga.

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An online market on the other hand is literarily a market online whereby buyers and seller meet to negotiate on various products on display. Unlike online stores that are more or less like your physical supermarkets and all the products come from the owners of the website, The online market is more or less like Oshodi market when it was still untouched by Fashola. The creator of sites that cater to online markets cannot, I repeat cannot vouch for the authenticity of products on display. This because even the seller of products also register with the website before they can display their products.

However Nigerians have mixed up Online stores with Online markets thereby making them vulnerable to fraudsters. It is important to take note because there are a lot of fraudsters when it comes to online markets because the website does not own the products on display but rather help people advertise their wares. Therefore the next time you go to online markets like OLX, make sure you take adequate measures before making any transactions.


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