Samsung Partners Konga To Halt Grey Products Penetration In Nigeria

Must Read

2020 Brand Africa 100: These are the 10 most admired brands in Africa


List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is...

Nigeria’s GDP Grew By 1.87% in Q1 2020 amid global challenges

In the first quarter of 2020, Nigeria's Gross Domestic Product (GDP) grew by 1.87%(year-on-year) in real terms. This performance...
Samsung Partners Konga To Halt Grey Products Penetration In NigeriaSamsung Partners Konga To Halt Grey Products Penetration In Nigeria

Konga, Nigeria’s leading e-commerce giant, has inked a deal with global Original Equipment Manufacturer (OEM) Samsung, to expand access to genuine Samsung products for millions of shoppers across Nigeria, while drastically reducing the penetration of grey (substandard) products in the market.

To this end, Konga is expected to deploy its considerable network of stores across Nigeria as well as its thriving online platform in making the products available. Specifically, the products to be carried by Konga include the latest devices from Samsung Mobile including mobile phones, tablets, smart wearable devices and a wide range of accessories. Also on the Konga platforms are those manufactured by Samsung Electronics including TV sets, Home Theatres, refrigerators, wall ovens, cookers, microwaves, washing machines, air conditioners, dishwashers, vacuum cleaners, air purifiers, Smart Home gadgets.

‘‘We are delighted. This partnership with Samsung affords Konga huge leverage in reaching more shoppers with genuine products across the Samsung Electronics and Samsung Mobile categories. Indeed, it is an opportunity to put more of these exciting appliances, devices and gadgets at the reach of millions across our online channel and vast network of offline stores,’’ said Vice President, Konga Retail, Kalu Johnson.

Indeed, the partnership has been identified as one that will not only drive the availability of genuine Samsung products in Nigeria; but also one that will equally halt grey products and satisfy the growing appetite among shoppers for Samsung devices in Nigeria, Africa’s biggest market.

- Advertisement -

Remi Ogunsan is the Head of Consumer Electronics at Samsung, West Africa.

‘‘We are leveraging on the extensive retail presence that Konga has to ensure that customers have more access to our products that are not relatively everywhere. So, this partnership is to ensure that products that are currently being supplied by TD are available to the public.

‘‘Konga is a major additional channel for us to grow and get to more customer touch-points. Konga is a nationwide platform so that is what we are also looking for; more coverage to reach our customers.

‘‘In fact, through Konga, we are confident of reducing the penetration of grey products in the market which usually happens when the products are not available in all locations. So, to a large extent, the more we make the products available to certified channels such as Konga, grey products will naturally die. So far, we have been able to reduce the penetration of grey considerably even in 2020 and this partnership with Konga will also strengthen that to ensure that we take grey out of the market.’’

- Advertisement -

On the impact of the coronavirus pandemic on the stock outage, Ogunsan disclosed that effective measures have been put in place to forestall this development. As a matter of fact, she revealed that one of the strategies that Samsung has deployed is the siting of assembly plants in major hubs around the world.

Read Also:  Nigeria Tops India’s Africa Export with $9.949bn

One of these is almost nearing completion in Lagos, Nigeria.

‘‘Technology Distributions Ltd. is setting up a KD factory and they are currently in civil works right now. They have all the equipment and will be going live very soon. So, we have that plan with TD already and they are pushing it so that before the first half of this year is over, it can start full operations. So, we have that plan in place,’’ she revealed.

Read Also:  Decade-Long Trials Prove Efficacy Of Nigeria’s Aflatoxin Biocontrol Product

Also speaking, Head of Information Technology and Mobile at Samsung, West Africa, Adetunji Taiwo lauded the partnership.

- Advertisement -

‘‘This partnership with Konga means we are going to be getting more reach. Konga is one of the leading online retail channels we have in Nigeria. So, obviously, it means that we are partnering with a major brand that allows us to reach our customers much more conveniently, much better and easier.

‘‘It gives us a whole lot more visibility, allows us to reach our customers and I am sure that, for Konga, it allows them to serve the customers with what they have always clamoured for because we know that the customer always wants to buy Samsung. Therefore, it allows Samsung to fulfil the wishes of the customer,’he stated.

- Advertisement -
Samsung Partners Konga To Halt Grey Products Penetration In NigeriaSamsung Partners Konga To Halt Grey Products Penetration In Nigeria

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Samsung Partners Konga To Halt Grey Products Penetration In NigeriaSamsung Partners Konga To Halt Grey Products Penetration In Nigeria

Latest News

GeTS helps GEODIS to simplify cross-border trade declarations and Customs connectivity through CALISTA™

SINGAPORE - Media OutReach - 26 May 2020 - Global eTrade Services (GeTS), a global trade platform company, announced the onboarding of...

TAJBank Announces Issuance of N150 Billion Naira FGN Sukuk

TAJBank, Nigeria’s most innovative Non–Interest financial institution has announced a 150 million naira Sukuk Bond as appointed by the Federal Government of Nigeria. This will...

Global Finance names Ecobank Most Innovative Bank in Africa

The announcement was made at the eighth Global Finance annual awards, the Innovators 2020, honouring entities that regularly identify new paths and design new...

April 2020 Inflation Review – Inflation Accelerates Amid Pandemic Risk, Ramadan Arrival

In the latest report from the National Bureau of Statistics (NBS), the overall consumer price index - a measure of the average change in...

2020 Brand Africa 100: Africa’s Best Brands Highlights

- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Samsung Partners Konga To Halt Grey Products Penetration In NigeriaSamsung Partners Konga To Halt Grey Products Penetration In Nigeria