Category: Ecommerce News

Marketplaces, e-commerce sites and classifieds will all gain momentum in 2019 This, according to Silvertree Internet Holdings Co-founder and MD, Manuel Koser. Having invested in and grown a number of highly successful South African brands, Silvertree’s management team sees several business opportunities set to grow exponentially over the coming decade. Business opportunities in 2019: Indigenous and ethical: personal and home care products: 2019 sees growing potential for personal care products – ‘Those with local and indigenous ingredients, ethical sourcing which is kind to nature and the body,’ Koser explains. ‘There is a lot of room to play in the African ... Read more

Online tracking tool, Narratiive, has released its South African eCommerce report for 2018. The data is based on a survey of 7,909 South Africans between July and August 2018, with respondents asked questions focusing on their online purchasing frequency, their most commonly purchased products, and what stops them from shopping online. The data showed that online shopping continues on an upward trend in the country, with 44% of offline shopper survey respondents saying that they anticipate making an online purchase in the next 12 months. In addition, 73% of online shoppers say that they’ve either maintained or increased their online ... Read more

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

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

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

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