Our #PageOneTWTRChat with Oladimeji Joseph Fakayode, CEO/Founder Goly.co just ended. Goly is a platform for consumers and businesses to reach their goals, with current focus on events.
We had an extensive chat with Joseph and he made us understand what makes Goly thick, his strategy in pricing, audience acquisition and competitive approach.
In case you missed it, here are the top five key take outs from the chat:
- In case you are wondering what Goly means, well Joseph made us know that the name is rooted in Swahili word called ‘Goli’
@GolyNigeria #PageOneTWTRChat It’s rooted in Goli, a word in Swahili for goal. We only replaced the last word for appeal
— Oladimeji Joseph Fakayode (@Joeyfakay) June 9, 2016
2.Goly wants to win the market city by city, especially cities where events often organised in large numbers.
We are a currently focused on cities where large number of events are organized
— Oladimeji Joseph Fakayode (@Joeyfakay) June 9, 2016
3. The Nigerian event market is big and according to Goly, its worth 700 billion and there are about 180,000 unique weddings in Lagos alone.
But then, how many times do anyone organize a wedding? or a birthday annually? But there are 180,000 unique weddings
— Oladimeji Joseph Fakayode (@Joeyfakay) June 9, 2016
with an estimated annual value of $0.5B in Lagos alone. What if we could help organize 10% of those efficiently?
— Oladimeji Joseph Fakayode (@Joeyfakay) June 9, 2016
4.Goly is already available in three markets, India will soon start operations
We are at a nascent stage of operations in Lagos and validation phase in Delhi. But also Helsinki.
— Oladimeji Joseph Fakayode (@Joeyfakay) June 9, 2016
5. Although Joseph did built Goly with sweat and blood, Goly is very much liquid and funded by private and public instruments. Goly is also fast growing.
We are privately and publicly funded
— Oladimeji Joseph Fakayode (@Joeyfakay) June 9, 2016
I only know we grow weekly at roughly 20%.The numbers are not huge yet to impress anyone but the experiences do
— Oladimeji Joseph Fakayode (@Joeyfakay) June 9, 2016
