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Entrepreneurship
From the CEO's Desk: I just launched the Support a Business Owner Campaign
Hi Bumpreneur!
Happy new month, and welcome to the second half of the year.
I wanted to start this month’s letter by CELEBRATING YOU, especially because we just celebrated the MSME Day last week.
You know, sometimes there are no words to describe how much I admire you as a business owner. People always say that running a business is one of the hardest things to do (and the difficulty level in Nigeria is extra hard), but seeing you show up daily, push, grind, and fight against all odds is beyond admirable. I just want to say you’re amazing.
To celebrate you as a small business owner, I’ll be giving away up to N500,000, among other amazing perks, every week for the next 10 weeks, and you could be a lucky business owner if you participate! All you need to know about this is in this video here.
Keep Showing Up and being amazing and remember, the entire Bumpa team is behind you, rooting for you and will be supporting you in every way we can.
Q2 town hall was very insightful…did you attend?
As usual, we held our quarterly town hall at the end of last month. Like I always say, Bumpreneurs never hold back on telling us what they want, and it's amazing. You know, the team even kept asking me not to keep promising things; so if you don’t see updates on what you requested, hold Gift’s shirt tight.
Subscription prices are changing soon, but here’s what to do now
One of the things we discussed was a significant increase in our subscription prices for the Starter and Pro plans. We have put this off for quite a while to ensure we didn’t add to your stress, as everything was becoming more expensive for everyone in the country. We are finally here, but we will still try to make it easy for you by providing you with a window of opportunity to extend your subscription for up to 1 year at the current price.
We did not come up with this decision lightly, and we are ever committed to building useful tools to help you continue to manage and grow your business.
Massive new updates for managing your orders!
Yesterday, we released a massive new update tied to how you manage your orders and payments on the Bumpa app.
A major one is that payment now confirms order! This means that your inventory is now deducted only when a payment has been made for an order done on your website or created by you. You no longer have to delete or cancel unpaid orders, and your inventory update process will be much smoother and easier.
But we’ve also taken it a step further; in cases where multiple customers try to buy the same item at the same time (for example, when you’re running a sale), we will prioritise the orders on a first-come, first-served basis and if the orders you get surpass the number of items you have in stock, it will be flagged as "Attention Needed." This then allows you review the order, speak to the customer choose from some actions like refunding the excess items or entire order, or fulfilling the order.
You can see more details on this recent update here. I promise you, you’re about to take your order management to a whole new level.
An update on the upcoming Bumpa Pop-up
Another thing I’d love to share is that we decided to move our upcoming Pop-up and it’ll now happen on the 27th of July. We decided to do this for a couple of reasons, the most important being that we want the event to get the most visibility it can, get more amazing partners on board and make sure that our merchants get the best experience that day.
Whether you’re a vendor showcasing on that day or you’re just coming around to shop, I know you’re going to have a rocking time. And since the tickets are free, you can come along with your friends. It’s not just your usual pop-up; it’s going to be a party like our yearly green party to also celebrate our 3rd year anniversary! Get your tickets by clicking on this link.
Finally, I’ll leave you with this…
I’d like to get your feedback on some of the things we have built in the first half of the year and tell me some of the things you would like us to build or update. Please fill this 1 minute form.
As we go into the second half of the year, I’m sure you have expectations for your business. And like any normal human, I’m sure you also have anxieties and worries. But remember, {First Name}, that you have done the first lap of this year, and even when things seemed like they couldn’t get worse, you survived. You thrived, you’ve triumphed. You’ve done it before, and you’re going to keep doing it.
Keep showing up, and remember that we’re always here for you! I’ll check in again next month.
Till then, have a rocking month!
From Kelvin Umechukwu.
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