Strategic Partnerships Jumia has established partnerships with Sprinklr, CredPal, and Newedge Finance Limited to enhance customer experience and offer services like Buy Now Pay Later. Leveraging these partnerships can open doors to cross-selling opportunities and collaborations with these partner companies.
Funding and Expansion With a total funding of $852M and recent financing of $99.6M, Jumia is in a strong financial position for expansion. Sales development representatives can target regions where this funding is allocated to facilitate new business growth through increased market penetration.
Tech Integration Jumia utilizes a variety of technologies like Kenshoo, NumPy, MySQL, and WhatsApp. Leveraging similar technologies or providing integrated solutions to complement Jumia's tech stack can be a selling point for tech companies looking to offer their products or services to Jumia or its customers.
Buy Now Pay Later Feature The introduction of the Buy Now Pay Later feature by Jumia presents a lucrative sales opportunity. Sales development representatives can highlight the benefits of this feature to customers and promote it as a way to increase conversions and drive sales on the platform.
Market Listing Jumia went public in 2019, marking a significant milestone for the company. Business development professionals can leverage this information to build credibility with potential clients, showcasing Jumia's success and positioning the company as a trusted partner in the industry.
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