ADVERTISEMENT

The people at BalogunMarket.ng are launching a new "chat-commerce" app

BuyChat is a child of BalogunMarket.ng, the startup that lets users purchase goods from trader at the legendary Balogun Market in Lagos.

Olayinka Oluwakuse, CEO BalogunMarket.ng

The people at BalogunMarket.ng are working on an app that will make it easier for users to buy goods from merchants through chat. They have named it BuyChat and they will start the private beta tests on October 1, 2016 (public beta starts on October 15).

According to Olayinka Oluwakuse, CEO of BalogunMarket.ng, “Nigerians will go online for what they know and are used to with just word-of-mouth advertising,” and that is where the idea of "conversational commerce" found root.

BalogunMarket.ng is an online marketplace which was launched to give users access to buy goods from Balogun Market (the same one you know in Lagos Island) without having to brave the hot Lagos sun and trek many kilometers in the market.

ADVERTISEMENT

Few months after launch, the BalogunMarket team already figured out a way to link customers with buyers on WhatsApp. Pricing market is a staple of commerce in Nigeria, and this new feature brought the entire experience online - hence the phrase "conversational commerce."

BuyChat is basically BalogunMarket's WhatsApp feature with more icing. You will be able to buy goods from merchants in local markets, book flights and hotels, order food from local restaurants (or buka, like you probably call them), and even connect with brands as well.

Like with BalogunMarket.ng, SimplePay and Delivery.ng will be BuyChat's payment and delivery partners respectively.

The team plans to expand to other cities in Africa and they have already received angel investment from Lagos-based private investment capital, Niche Capital to push the flight off the runway.

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Plateau University suspends exams over killing of student

Plateau University suspends exams over killing of student

Nigeria laughing stock of the rest of the world due to insecurity - TY Danjuma

Nigeria laughing stock of the rest of the world due to insecurity - TY Danjuma

APC group claims Tinubu’s initiatives stimulating economic recovery

APC group claims Tinubu’s initiatives stimulating economic recovery

Plateau Gov urges calm after attack that led to death of 200-level PLASU student

Plateau Gov urges calm after attack that led to death of 200-level PLASU student

NAFDAC reopens popular Ibadan supermarket shut for selling unregistered product

NAFDAC reopens popular Ibadan supermarket shut for selling unregistered product

Gov Adeleke lavished with praise for providing water, sanitation facilities

Gov Adeleke lavished with praise for providing water, sanitation facilities

CSO inaugurates campaign to combat electoral irregularities, promote reforms

CSO inaugurates campaign to combat electoral irregularities, promote reforms

Lagos arrests 10 fake officials for carrying out unauthorised enforcement

Lagos arrests 10 fake officials for carrying out unauthorised enforcement

Ogun govt training herbalists to compete in world trado-medicine market

Ogun govt training herbalists to compete in world trado-medicine market

Pulse Sports

Lionel Messi's son breaks the internet after scoring five goals for Inter Miami

Lionel Messi's son breaks the internet after scoring five goals for Inter Miami

Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe

Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe

Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024

Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024

ADVERTISEMENT
ADVERTISEMENT