TradePort provides an affordable, all-in-one platform that transforms business operations of small and medium retailers to world class One-stop commerce
The Nigerian retail sector has continued to witness momentous growth as a result of a few key trends including increased urbanization, a growing population, a rising working class and associated increase in purchasing power. To tap into the opportunities presented, more knowledgeable and exposed entrepreneurs and business entities are entering into the retail space to compete. An overall increase in awareness about technology and best practices amongst operators has motivated micro, small, and medium retail enterprises to fully automate and streamline their operations.
While the MSME retailers in Nigeria struggle with basic automation and electronic payment acceptance in stores, the needs of consumers continue to evolve with growing desire for convenient online shopping anywhere. Retail businesses are now faced with the challenge of setting up and managing online stores and integrating such stores to electronic payment systems and courier service providers. These require significant investments, and logistics to implement and somewhat advanced software systems and technical know-how to manage. Most of which micro, small and medium retailers do not have access to.