Jumia And Konga Unable To Withstand Economic Pressure As Delivery Fees Skyrocket

The pressures are seriously mounting in the economy of the country and have forced inflation to ravage almost every economic sector of the nation.

As we speak to you currently, there is pressure on the country’s currency Naira against major foreign currencies, there is pressure on the prices of food items in the market, there is pressure in the cost of transportation, there is pressure almost every angle.

The two biggest online shopping malls in the country, Jumia and Konga are also not left out in the wind of current economic pressure that is blowing hard across all sectors and that has forced the duo to quickly increase delivery fees for their items.

Formerly, small handy items like phones and the rest purchased from Jumia online shopping store cost somewhere around N500 to deliver outside Lagos, but today as we speak, the delivery fee has doubled as Jumia will now charge you around N1,200 to deliver similar items to city destinations like Portharcourt, Abuja, Owerri etc.

Must Read: How to shop online on Jumia

While on the other hand, Konga that charges you about N700 before to deliver those items to such cities has also increased delivery fees to about N1,000

Delivery fees on Jumia and Konga for heavier items like washing machines, refrigerators, power generators etc. are now also on the higher side.

If you also noticed, the current pressure on the country’s currency has also caused many items on those online stores to increase as consumers battle to meet up with such hike in prices.

Finally and from economist point of view, the higher the price of goods in the market, the lower the demand, therefore at this point, as result of the present inflation, we expect to have lower demands for commodities in the market.