28/09/2020

Millionaires Horizon

A Sphere for Future Millionaires

Rensource launches Merchlist.co as means to connect SMEs to customers during lockdown

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Millionaires Horizon is a sphere where future millionaires update their horizon of knowledge and financial intelligence. Our mission is to pinpoint business opportunities around the world and from diverse industries. Today, our focus is on RENSOURCE.

Rensource is one of Nigeria’s leading renewable energy and merchant service company has launched Merchlist.co – a digital platform that helps small and medium-sized retailers get discovered quickly while enabling servicing and fulfilment of customers orders online. 

The Merchlist.co platform was rapidly developed as a solution to keep SMEs viable during the COVID-19 pandemic and has two main features:

1) BUY – which allows customers to purchase directly from SMEs, and

2) DISCOVER – which aggregates services, contact details and delivery methods, ensuring that end users can see service availability in real-time.

Partner SMEs on Merchlist.co include Grocery Bazaar, Grand Square, Rx Pharmacy, Food Jaar, and The Meat Shop. While the platform is currently in its beta testing stage, plans are underway to roll out in additional markets across Nigeria– allowing more SMEs and merchants to go digital and access end-users.

Rensource’s mission has always focussed on enabling access to critical services: initially to energy, it’s now broadening that range. This new addition to its product portfolio is consistent with the company’s mission, providing access to essential items including groceries, toiletries, beauty and cleaning products, all at the touch of a button.

Commenting on the launch of Merchlist.co, the Chief Operating Officer at Rensource, Anu Adasolum, said “At Rensource we’re focused on connecting people to the most important things. Energy has always been our core business but in light of the pandemic, we see the opportunity to help small businesses who are the backbone of our economy survive by gaining access to consumers online. The launch of Merchlist will ensure that small businesses stay in business and everyday consumers can continue to access essential goods. Merchlist aims to connect as many small businesses as possible to the millions of internet users in Nigeria– simply, easily and quickly.  

“We have also launched a fund to support our merchant families during this period. Donations by Merchlist is providing food, essentials and medical supplies to these families through our partner NGOs,  Lagos Food Bank, Foundation for the Support of the Less Privileged and Dream from the Slum. We know that we cannot do this alone and are calling on well meaning Nigerians to contribute by visiting donations.merchlist.co.”