Best Projects 2022 features all the nominated entries submitted ‘Submit your Project’ category. All the entries consist of innovative projects run by existing enterprises in the form of businesses, NGOs, or informal programs.

Bejewel

Your title/position Founder
Type of Enterprise registered company
Year the ngo or company was founded 2019
Website bejewel.com.ng

Explain your project in details:

Bejewel is a fashion accessory marketplace. We connect all customer groups( manufacturers, wholesalers, retailers, consumers, etc ) and distribution channels( international, interstate, district, and last mile ) together to reduce overall cost, solve the choice problem and satisfy the gift-item need. Products found on Bejewel include ( but may not be limited to ) : wristwatches, bangles and bracelets, cufflinks and studs, necklaces, rings, earrings, brooches, tie chain and clips, shoes, wallets and purses, handbags, sunglasses, perfumes, body creams and lotions, home accessories, shirts, pants, shorts, skirts, trousers, etc. We are committed to offering a safe and convenient means to shop online by offering the best prices, hassle-free payment options, timely doorstep delivery, genuine items and a large assortment of products. Also passionate for innovation in the logistics sector, we work to build a solution that unifies our logistics network to offer broader, cheaper and accessible delivery services to SMEs nationwide and beyond. Bejewel does not operate any physical retail store(s) of its own at the moment. We rather help business owners (merchants) to sell their products on our website. Therefore, it is safe to imply that all products sold by Bejewel are represented on this website. OUR MISSION Breaking barriers to reward hardwork with lasting value for money. OUR VISION Improving economic life through access to genuine products and affordable shipping. OUR CULTURE We believe in the notion of live and let live, and therefore are working hard to set up a diverse work environment that would enhance cultural diversity in our workplace.

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Impact of your enterprise on sustainable development

DECENT WORK AND ECONOMIC GROWTH: We encourage consumers, small scale retailers, medium scale wholesalers and large scale producers alike to exchange goods value and reward. Thereby creating a business community that fosters economic growth. We have been able to achieve: Over 10,000 listed products. Over 100 sellers Over 1000 active shopers Over 2000 orders processed. INDUSTRY AND INNOVATION: Our business model enables even a small scale retailer in one country to sell to consumer in another country. Thereby opening up more possibilities through innovation. We have been able to achieve: A world class online marketplace that drives innovation in the Ecommerce industry. PARTNERSHIPS: we have successfully built solid partnerships with local businesses, national and international logistics companies to achieve this corporate vision.

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Sustainability and future plans

We operate a zero inventory business model. This eliminates the need for warehousing and it's associated costs. Our partnership with national and international logistics companies carters for intermediary warehousing needs. Products are held and shipped from seller locations after verification Over a video call system. Products are also returned directly to seller locations if abandoned or rejected by consumers. Our sellers are charged 20% of product sale prices which covers platform fees, royalties, shipping, packaging and handling. Our business will be financed majorly by revenue generation. Our plans for future growth is to continue to onboard more sellers, list more products, seek more strategic partnerships, and raising more funds.

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Your profile as an entrepreneur

My Name is Njoku Ikechukwu. I am 28 years old. I graduated from the federal University of Technology Owerri, department of computer science. My motivation is to build products that people would love and use. And to truly make an impact in the society.

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