How To Start Ecommerce Business In Nigeria – The Ultimate Guide

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You want to start your own eCommerce business in Nigeria. I am here to show you the easiest ways to get started. You don’t have to let someone else complicate the whole process for you.
Setting up an eCommerce business in Nigeria is pretty easy if you are ready to put in the work.
In this guide, I will show you how to set up your online eCommerce store in Nigeria, and set it alive for business.

How To Start An eCommerce Store & Set It Up For Business in Nigeria

1. Register with the Corporate Affairs Commission (CAC) [Optional]

Depending on how big or small you plan to launch, registering your business first with the CAC is important.

Registering your new eCommerce business in Nigeria unlocks some capabilities that are not accessible to regular unregistered businesses. Some of which include:

– As a registered business with the CAC, you can get a bank account opened in your business name and also have rights to obtain other legal documents to help you successfully run an eCommerce business in Nigeria.
– You get full unlocked access to premium services your payment gateways have to offer. For instance, as an unregistered business, some payment gateways may not let you receive beyond a certain amount or the range of currency you can accept might be limited.
Likewise, it is completely optional to skip the registration part still. The internet gives no limitation to what you can do online nowadays. You can completely set up your eCommerce business, and even start receiving payments for goods and services without a business registration. And yes, totally legal.But be on the safe side and ensure you register your business as you grow.

 

 

Also Read:

Why Do You Want To Be An Entrepreneur?

 

2. Set Up Your E-commerce Store

Setting up an eCommerce business in Nigeria has never been easier until now. With or without hiring a developer, all you need is the right information, tools and software and you are good to get started in a very short time.

 

Now, your business will run online, that tells you 4 things:

 

  • You need a website – Which of course is your online eCommerce store.
  • You need a reliable web hosting company to host your online store.
  • You as well need to purchase a domain name.
  • The finally, you get to build your eCommerce business online.

 

 

There are several web hosting companies in Nigeria, and you need to beware which you patronize. I will share with you the ones I personally prefer. As well as show you how to get started with purchasing your domain name and hosting for your eCommerce store in Nigeria.

Here are the top 3 domain name and hosting providers in Nigeria

1. WhoGoHost

2. SmartWeb

3. QServers

     

     

    You can click on them to check out their affordable hosting plans. They offer web hosting and domain registration for as low as N400 (Four Hundred Naira) depending on the subscription period as well.

     

     

     

     

    You can also checkout my article on how to choose the best domain name for your eCommerce business in Nigeria.

     

     

    Read:

    How To Choose The Best Domain Name For Your Website

     

     

    The final step on setting up your eCommerce business is choosing the right software to host your online store.

    Now, you can choose to hire a web developer to build your store for you, which is also more advisable and professional

    OR

    You can choose the DIY (Do It Yourself) approach.

     

     

     

    The easiest platform to build your eCommerce business in Nigeria is Woo Commerce.

     

    Woo Commerce is a solution developed for WordPress users. And WordPress is a full fledged content management system for building blogs and websites. It sure requires some technical approach, but if you sit with it, you will get it right in a short while.

     

    Not to worry, I have written a full guide to help you get started with building your own website for your eCommerce business in Nigeria.

     

    Check it out below:

     

    How to Make A Website (Beginners Guide)

     

     

    3. Set Up A Secured Payment Gateway

    Once the process of setting up an online store for your eCommerce business in Nigeria is done with, the next step is to choose a secured payment gateway to facilitate receiving payments online for goods and services.

    As you know, I always have favorites 🙂

     

    My Favorite payment gateway is PayStack.

    Others you can certainly try out are:

     

    • Wallet.ng
    • Interswitch
    • GTPay
    • E-Tranzact

     

    I love and choose Paystack because of the flexibility, freedom and as well security it offers even small businesses.

    I have written a full guide on how to integrate online payments here.

     

    You don’t have to be a registered business to use Paystack. They have a starter package for starter businesses, but the downside is that you have a limit of 2 Million Naira in total deposits, after which you then need to upgrade to a Registered Business – and for any starting business, I think that is fine.

     

    Paystack is also very easy to integrate as they have inline code snippets you can copy and paste on your website, and as well plugins for WordPress & Woo Commerce users.

     

     

    4. Choose The Right Marketing Strategy

    To get your Nigerian eCommerce business to the right audience, you need to leverage on the available marketing strategies available. It’s important to also set aside a budget to run your marketing campaigns.

     

    Here are some proven methods to successfully market your eCommerce business online in Nigeria.

    1. Blogging

    2. Social Media

    3. Email Marketing

    4. Classified Websites

    5. Posting On Web Forums

    6. Buying Ad Spaces on Popular Websites/Blogs

     

    I wrote a full article for this on my corporate blog. Feel free to check it out below:

    Proven Ways: How To Market Your Business Online In Nigeria

    Conclusion

    You needed the information, now you got it. Someone else would sell this.

    Starting an eCommerce business in Nigeria is no easy game, but if you got the willpower, you will launch a profitable eCommerce business in no time, with just little money.

    I will summarize the easy steps you need to get started.

     

    To Set Up An eCommerce Business In Nigeria, You Need To:

     

    1. Register with the Corporate Affairs Commission (CAC) [Optional For Starter Businesses]

    2. Set Up Your E-commerce Store

    3. Set Up A Secured Payment Gateway

    4. Choose The Right Marketing Strategy

     

    So what do you think? Are you going to set out and make some moves now?


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    4 thoughts on “How To Start Ecommerce Business In Nigeria – The Ultimate Guide”

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