The Rt Hon Raila Odinga will be migrating from Safaricom to Airtel today at 4:00pm at the Airtel Store on Koinange Street, Nairobi. You are invited to accompany him.
Question: what will happen to those NASA supporters owning M-pesa shop?
Answer: All businesses including M-Pesa shops operate on the principle of supply and demand. The demand of a commodity is affected by many factors among them are customer’s personal preference.
If a majority of your customers, for personal; economic; or political reasons doesn’t want your product, you only have two options as a businessman:
1. Provide your customers the alternative services or products they seek to keep their business.
2. Seek other customers interested in what you are providing.
All businessmen are in business to make money not to question the preference or tastes of customers. So those business men operating M-Pesa shops can equally own and operate an Airtel Kenya money transfer shop and provide their customers with the products they need.
No one is owning M-Pesa shop because they love Safaricom, it’s a business decision.
But if you insist on providing services that no one is willing to buy, business 101 tells you that you will incur losses. But you may probably never be affected by the losses, thanks to Jubilee, Uhuru will offset your losses through bribes and brown envelopes.