iSellr.ng, Nigeria’s Next Rated E-commerce Giant
According to Britannica, E-commerce, which stands for electronic commerce, is the act of maintaining relationships and conducting business transactions that include selling information, services, and goods by means of computer telecommunications networks. Following Paypal’s ban of accounts with Nigerian IP addresses in 2005, E-commerce in Nigeria suffered some retrogression and was reduced to the barest minimum because there was no alternative way through which electronic payments to be made.
Anyways with the invention of internet banking launched by Guaranty Trust Bank and First Bank, a glimmer of hope shone on Nigerian E-commerce. Now there are several sites that have been bubbling in the e-commerce industry, the likes of Jumia, Konga, Payporte, Jiji, and many more. Today we want to introduce you to Nigeria’s Next Rated E-commerce Giant, a retail/e-commerce website called iSellr Nigeria.
iSellr Nigeria or iSellr.ng, is gradually building what 1 million people love not what 100 million people “kind of like”. The brand is changing the scam atmosphere found in Nigeria e-commerce customers. A new breath of fresh air filled with trust and passion for the need of our customers. That’s why their tagline is “you come first.”
iSellr Nigeria was founded in 2017 by a fast-growing Nigerian entrepreneur and businessman called Onyenweuzo Chuka Victor. In a conversation with WE, Chuka iSellr, as he is popularly known, revealed
“iSellr was founded in 2017 while I was taking a shit. As they say, the greatest ideas come when you are in the toilet… lol! The name was conceived from there, work started. We started comparing names on the internet to make sure it was unique and no one has used it. We understood your name is the first step to make an impact. And we smashed that area perfectly. Next was the blueprint, how would iSellr stand out. That was the challenge. After months of work, iSellr evolved and became an online store where you can get anything you wanted. We are still expanding and reaching. There’s absolutely nothing you can’t achieve with the right frame of mind and dedication.”
isellr.ng is fully backed by three board of directors currently on sit here in Nigeria. It has its Merchant partnership with paystack.com and Cre8tify.com. With a total of six employees, the Nigerian Next Rated E-commerce Giant has its headquarters in Abuja and is physically located in four major states;
- Abuja, at New Banex Plaza, opposite Zenith Bank, Wuse 2,
- Lagos, at 21, Ola Ayeni street, Ikeja,
- Kaduna, at Markafi Plaza, and
- Anambra, at Ezenwa Plaza, Ekeawka roundabout, Awka.
Working with top-tier logistics companies, DHL and GIG logistics, iSellr.ng offers exciting sales of Phones, Laptops, Games, Fashion Accessories, Home appliances, and many more. The brand also has a sole subsidiary called iSellr Travels, a brand that was conceived to help you make your travel arrangements to specific countries within our reach.
When asked about their impact so far on the nation,
“we are changing the atmosphere. The scam atmosphere choking Nigeria due to failed e-commerce stores. We bringing in a breath of fresh air filled with trust, passion, and love for our customers. We have a complete obsessiveness to the needs of our customers.”
Owing to the fact that e-commerce is a direct supply to end-users, there is no supply chain on this one. Let’s take a look at some of its value numbers below;
- Revenue: from April 2021 – 1.5 million naira
- Operating Income: -2.0 million naira
- Net Income: -1.0 million
- Total Assets: isellr.ng, iSellr Travels, iSellr Food
- Purchase/Sale Value: $30,803
From August the 29th through to September the 1st 2021, iSellr ran a promo sale tagged “GO BIG OR GO HOME,” after which the Purchase/Sale Value of the Grand Masters of Discounts, iSellr Nigeria, rose to a whopping $30,803. Kudos to them.
In its three active years, iSellr has
- bagged the award for Emerging Brand of the Year 2020 at the Anambra Fashion Show and Awards
- been a major sponsor of Campus Amebo/Southern Queen Beauty Pageant in the years 2019 & 2020 respectively and also sponsored Prince Neche‘s My Confession in 2021.
The brand website is www.isellr.ng and you can follow them on Instagram, Twitter, and Facebook @isellrnigeria
Check out the beautiful brand logo below;
N.B: You can see a lot of reviews from their Instagram page.