Category: Ecommerce News
General eCommerce news and latest developments about web design and development
How eCommerce Startups Can Grow Exponentially
There are a number of ways eCommerce startups can grow exponentially: 1. By providing an original and cutting-edge good or service that helps people or businesses. 2. By giving them a first-rate experience that encourages repeat business. 3. By identifying new opportunities and improving marketing and operations utilising data and analytics. There is a general conception in South Africa that TV campaigns can only be used by big brands wanting to embark on expensive brand-building campaigns. Businesses in South Africa have a natural tendency to look to online media for their marketing as it is measurable. But online marketing can ... Read more
Online Retail in South Africa 2019
The "Online Retail in South Africa 2019" report: Local online retail goes mainstream and is set to pass the R14-billion mark this year, marking 1.4% of total retail Online retail in South Africa is due to pass the R14-billion mark in 2018 as e-commerce begins to go mainstream. This is a key finding of the Online Retail in South Africa 2019 study. The 2018 figure, which represents 25% growth over 2017, comes as a surprise, given predictions that online retail growth would slow down to below 20% by 2018. Forecasts have been beaten as a result of massive investments in ... Read more
South Africa to spend R63 billion online
According to Efi Dahan, who serves as the General Manager for Russia, Turkey, the Middle East, and Africa at the international online payment business PayPal, it is anticipated that South Africa will spend approximately R63 billion online. Recently, Dahan made a trip to South Africa in order to deliver a lecture as the keynote speaker at the Seamless Africa conference, which took place in Cape Town the week before last. During an exclusive interview with ITWeb Africa, he stated that the reason the country is witnessing a tremendous surge in the number of people making transactions online is because many ... Read more
eCommerce SA's online retail worth over R9 billion in 2016
World Wide Worx predicts SA's online retail market will be worth over R9 billion in 2016. Local retailers are seeing a steady uptick in online shopping numbers as more South Africans embrace e-commerce. In Pick n Pay and Mr Price's latest results, both retailers showed strong growth in online sales. Mr Price says its local online sales grew by 63.6% for the 53 weeks ended 2 April. Mr Price says the online business is now generating positive returns and all its MRP brands are now "full omnichannel retailers". This as the group saw total revenue for the year grow over ... Read more