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Will Buyam Marketplace Be the One to Save E-commerce in Cameroon?

Author: Exports News
Feb 01, 2024
2 min read
Feb 01, 2024
2 min read
SME owner exploring the latest trade updates with Exports News.

Cameroonians love a good bargain. It is an essential part of the shopping experience for many, which is exactly what Buyam Marketplace is offering as it becomes the latest attempt to save Cameroonian e-commerce

Making Use of Search and Location

Founded in Buea, in the South West region of Cameroon, the platform brings buyers in contact with a list of verified vendors. Suggested vendors are picked on the basis of the items searched and their closeness to the buyer. Once you pick a vendor, you can communicate through instant messages and negotiate the price of the item in what mirrors a face-to-face bidding.

Exploiting Access to Mobile Money

Payments can be made using mobile money, which is widely available, or through direct cash exchange when the buyer and seller meet. Buyam is attempting to localize the online shopping experience in order to build trust, which is still lacking in Cameroon's e-commerce sector.

It is also attempting to broaden the market for sellers who do not have physical stores and instead promote their wares through their Whatsapp status, Facebook page, or Instagram feed. These vendors can now take advantage of Buyam's search features by simply listing their product, category, and location. Vendors can also create shops on Buyam, where they can manage their different social media outlets.

African manufacturer from Cameroon looks up information about e-commerce sector on the laptop.

The Need for Innovation

No platform has managed to crack the e-commerce space in Cameroon yet. Giants like Jumia have failed to scale, so it will be interesting to see what happens with Buyam. This home-grown business may be better positioned to understand local challenges. Buyam has so far conducted an aggressive social media and influencer marketing campaign throughout Cameroon. It intends to establish a base in the country before promoting the product throughout Africa.

In the one two years since it was launched in 2021, Buyam has been downloaded over 10,000 times on Apple and Android. It currently has over 200 listed vendors and over 5,000 listed items on the platform

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