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mukiha
#1 Posted : Monday, July 09, 2012 2:10:05 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Is this the leader in on-line car sales?

I have just checked their site and they have listed 135 cars today alone. the total listings over the last 2 months number almost 20,000.

A few numbers; they charge 500bob per car. Some are listed free of charge...assume its 50%

That means that in the last two months they have made sales of anout Sh5 million

And so far today, the sales stand at over Sh30k...

Not bad for a Kenyan online business
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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JkMwatha
#2 Posted : Monday, July 09, 2012 5:26:59 PM
Rank: Veteran

Joined: 9/11/2007
Posts: 816
[quote=mukiha]Is this the leader in on-line car sales?

I have just checked their site and they have listed 135 cars today alone. the total listings over the last 2 months number almost 20,000.

A few numbers; they charge 500bob per car. Some are listed free of charge...assume its 50%

That means that in the last two months they have made sales of anout Sh5 million

And so far today, the sales stand at over Sh30k...

Not bad for a Kenyan online business[/quote]

Yes not bad...

Is this just for the Kenya Chapter?

Sources indicate that they do far much better in West Africa. Esp. Nigeria.

http://www.howwemadeitinafrica.com/cheki-co-ke-%E2%80%93-disrupting-kenya%E2%80%99s-auto-market/17896/

http://www.thenationonlineng.net/2011/index.php/business/infotech/51259-cheki-launches-new-app-for-website.html
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KenyanLyrics
#3 Posted : Monday, July 09, 2012 8:22:58 PM
Rank: Veteran

Joined: 4/16/2010
Posts: 906
Location: Nairobi
@mukiha yes, Cheki is probably the leader in car classifieds, along with Dealfish. Their 'pay for listing' model makes more business sense than Dealfish's 'pay for prominence' model.
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