Alerzo Predicts Well-connected Retail Ecosystem Across Nigeria

Leading business-to-business e-commerce platform, Alerzo, has reiterated its commitment to building a well-connected retail ecosystem in Nigeria, while assuring its partners of an evolving system aimed at promoting a win-win business relationship.

The founder and group chief executive officer of Alerzo, Adewale Opaleye made this known at the company’s Partners’ Summit which was held in Ibadan over the weekend.

The tech company appreciated its stakeholders – manufacturers (Rite, Dangote, Olam FMN, NBC etc.), distributors and financial partners (Zenith, FCMB and WEMA banks) for believing in and partnering with it.

Opaleye highlighted that he started Alerzo to solve unique problems in the retail sector, part of which he said to include logistics, product and price-hagging, inventory management and payment issues.

While introducing the Alerzo seller app at the event, he revealed that it will help sellers (distributors and manufacturers) to easily track purchase order in real-time, manage offers and deals easily, manage their inventory, analyse

Opaleye stated further that there were testimonies of how the tech firm helps grow retail footprint and reach more customers faster, adding : “We are focused on helping reach more customers seamlessly, we are shifting from a ‘retailers-focused’ business to ‘empowering micro-businesses’ within and outside of the retail space.’’

The group CEO said part of the initiatives in growing retail footprint include: shop now and pay later, savings, loyalty programme, 3P logistics, inventory management and invoicing.

Opaleye said: ‘‘I am profoundly happy that the work we do at Alerzo Nigeria is greatly impacting the economy of the continent. I founded Alerzo Nigeria to address most of the challenges that face informal retailers in Nigeria.

‘‘I am happy that, in two years of operations, Alerzo has deployed technology in addressing the challenges of the informal retailers who are on our platform.

‘‘With our delivery services, retailers save time, energy, and resources that they would have otherwise expended in restocking”.

He hinted that building Alerzo has helped him learn valuable lessons including getting out of comfort zone, innovation, trust and partnership.