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One Kiosk Africa equally provides the retailers (stores) with sales data which enables them to get access to credit lines from partner financial institutions for expansion and growth

One Kiosk Africa is an eCommerce solution, headquartered in Lagos Nigeria which leverages Geo-location and machine learning to provide access to market and finance for local stores (95% informal retailers’ also known as pop and mum stores) by connecting local stores to online users based on location.

As a brand, the eCommerce store is stepping up its role within this pandemic season to provide a channel for local stores to connect with users online with no contact with the buyers via its site and in 4 simple steps can start selling right away;

Step 1: Create a vendor account
Step 2: Check your email- Click on the verification link and activate account
Step 3: Login and click on Create a Store for Admin to approve store or stores
Step 4: Once you get an approved store mail/notification, do proceed to upload products

The team has equally positioned a channel where verified individuals can earn this period and post Covid 19 by picking and delivering orders within their locations.

To get started, users need to do is click on become a Pro and provide their details with your location.

This is in addition to its recent partnerships with Gokada and Bolt to ensure smooth and timely deliveries of different sizes of products across Nigeria and Africa in the long term.

One Kiosk Africa equally helps her users stock up fresh groceries/foodstuffs and other household items directly from the popular Mile 12 market and other strategic markets/stores through her verified agents within the market.

All orders for the market list sourcing are done through its business WhatsApp channel- +2348087935609 and orders received before 2 pm GMT+1 receive same-day delivery.

One Kiosk prides herself in ensuring that all orders done via its platform are delivered within 59 minutes.

In a statement with the CEO; Adeshina Adewumi he says they do an average of 30 minutes for all deliveries done via her platform while market list deliveries are received same-day delivery for orders placed before 2 pm or within 24 hours for orders after 2 pm.

“We are confident that with a strategic partnership with different stakeholders at State and Federal levels across Nigeria, our solution could contribute in flattening the curve across Nigeria as we support both small business owners and users to get their products sold and home stocked up accordingly.
As part of our contribution in supporting palliatives for the underserved, we have been equally working with some NGOs to distribute free items in packs of N15,000 (approximately $37) sourced from our vendors and market and delivered directly to identified persons. In the week to come, we would be doing another batch of 1,000 identified person within the Alimosho axis of Lagos, Nigeria.” Adeshina added

Overview of One kiosk Africa

One Kiosk Africa’s goal is to disrupt the retail commerce space in Africa, creating jobs along the value chain and contributing towards the eradication of poverty in Africa.

Its vision is to become a Global leading E-commerce solution driving economic inclusive growth and job creation through technology.

Since the commencement of its pilot in July 2019 to date, the eCommerce platform has done over $50k in ARR.

With its upgraded WebApp the platform is currently onboarding over 14,000 merchants on its database.

One Kiosk Africa is actively addressing the Nigerian market. It commenced a pilot test in Lagos but will get to soon hit the Nigerian market.

The platform’s system has been deployed from day one to scale into any country with little or no much modifications.

As at today, any vendor from any part of the world can list on One Kiosk Africa.

The only issue would be around settlement since the platform as of now only accept settlement for Nigerian banks.

However, One Kiosk Africa looks forward to penetrating South Africa, Ghana, Egypt and Kenya within the next 3-5 years.

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Lagos-based retail-tech startup One Kiosk is leveraging geo-location and machine learning to connect owners of local stores with potential customers online.

Founded last year, One Kiosk targets informal retailers and “mom-and-pop stores”, helping them connect to online users based on location, and also providing them with sales data which enables them to access credit lines from partner financial institutions.

From a customers perspective, the platform allows users to find stores near them, search products, and make orders for delivery within an hour.

Led by chief executive officer (CEO) Adeshina Adewumi, the One Kiosk team combines experience from Stanbic IBTC, Andela and Proville, and hopes to become a leading e-commerce solution by targeting excluded areas of retail.

“The informal retail space has been left out of the value chain of e-commerce in Africa for too long,” Adewumi said.

“But previous e-commerce models did not fill the infrastructural gaps in Nigeria and Africa. This has led to the shutdown of most e-commerce solutions in the past.”

To address this issue, One Kiosk uses geo-location, which it combines with a zero inventory model since it has partnered with regular brick and mortar stores.

“This has helped us achieve more efficient turnaround time for delivery while also cancelling out pay on delivery – a death trap for most e-commerce solutions in Africa – since most of the stores are trusted stores already known by users who only want to enjoy convenience,” said Adewumi.

Since launching its pilot in July 2019, One Kiosk has onboarded over 14,000 merchants, and has seen US$50,000 worth of transactions pass through its platform.

Its pilot was focused on Lagos, but One Kiosk is now ready to expand across Nigeria.

“Our system has been deployed from day one to scale into any country with little modifications,” Adewumi said. “As of today any vendor from any part of the world can list on our platform. The only issue would be around settlement since we currently only accept settlement for Nigerian banks. We however look forward to penetrating South Africa, Ghana, Egypt and Kenya within the next 3-5 years.”

One Kiosk makes money through commissions on transactions that take place through its platform, but plans to charge for subscription to the system once it fully populates its merchant base.

“The merchants who wish to appear top based on each location they own a store would have to pay a premium monthly fee, in addition to other data we would provide them to position their stores and inventories,” said Adewumi.

Self-funded until now, the startup is in talks with a number of investors around funding now that it feels its model has been proven. Securing funding as an e-commerce platform will have been a significant achievement, Adewumi says, given most venture capital firms have a “stigma” towards e-commerce in general.

“Once they hear “e-commerce” they instantly block you off. However most VCs who at first refused to hear us have now begun to engage once they get to understand how this model works,” he said.

Source: Distrupt Africa

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