Wasoko Platform Overview
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Questions and Answers

What is the main difference between informal retail in developing countries and formal retail structures in the US?

  • Formal retail structures are more prominent in the US
  • Informal retail plays a more significant role in supplying goods in developing countries (correct)
  • The use of SMS-based ordering is more prevalent in the US
  • The logistical challenges in urban areas are similar in both developing countries and the US

    • How does Wasoko address the logistical challenges in urban areas of developing countries?

  • By leveraging SMS-based ordering
  • By using online ordering systems
  • By addressing unique logistical challenges such as traffic congestion and informal market dynamics (correct)
  • By partnering with the government of Zanzibar

    • How does Wasoko generate revenue?

  • Through subscription fees from sellers
  • Through advertising revenue
  • Through commission from companies on their platform (correct)
  • Through delivery fees from customers

    • What problem does Wasoko aim to address for small retailers?

    <p>Inventory management inefficiencies</p> Signup and view all the answers

    What is the main objective of the platform created by Wasoko?

    <p>To offer inventory management solutions and streamline the supply chain</p> Signup and view all the answers

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