Alexander Osinga - eCommerce Day Africa Blended [Professional] Experience 2023

eCommerce Institute
eCommerce InstituteeCommerce Institute at eCommerce Institute
Alexander Osinga
CEO - Greenspoon
Linkedin.com/in/aosinga
What is Greenspoon?
• 100% online grocery
store
• Consolidating the best
groceries directly from
supplier to consumer
What is Greenspoon?
• Widest range of quality products at a great price
– Delicious
– Healthy
– Fresh
• Delivered for free with a smile within 3 hours
– Easy app & website
– 98% on time, 92% in full, 99.6% of items available
– Instant customer service responses
What makes us unique?
• Let’s start with the vibe around
ecommerce in Kenya
Ecommerce in Kenya
Let’s start with the basics
● What is the pain point that your customer has?
So:
● How many customers have this pain point?
And:
● What is the profit per customer?
So:
● What is my offering that can profitably serve a customer?
The value equation
Competing on price
● Price is not a pain point to build a sustainable offering around
In a market with perfect competition - there are no profits
Peter Thiel - Zero to One
Some different examples?
Some different examples?
Some different examples?
The value equation
Greenspoon: Focusing on value
● Creating value for
○ Customer
○ Suppliers
○ Employees
○ Environment
Greenspoon: Focusing on value
Results
● Customer rating 8.9 / 10
● 6X growth in 24 months
● Preferred partner for most suppliers
● Profitable
● Extremely high staff retention
● B Corp certified
Alexander Osinga - eCommerce Day Africa Blended [Professional] Experience 2023
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Alexander Osinga - eCommerce Day Africa Blended [Professional] Experience 2023