Tag: E COMMERCE ONLINE SHOP

South African Online e-commerce up by 25%

TEN of South Africa’s most visited online retailers are based in Cape Town. AP Cape Town - The city is leading the e-commerce space in South Africa with 10 of the most visited online retailers based in the City. Online retail is big business and is due to surpass the R14 billion mark by the end of the year as e-commerce goes mainstream. This was the key finding from the Online Retail in South Africa 2019 study by technology research organisation World Wide Worx. Head of World Wide Worx Arthur Goldstuck presented the findings this week and said online retail ... 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

Online eCommerce overloads as million of South African's shop

No‚ say South African online retailers‚ who claim they are ready to fend off system overloads and crashes when thousands of shoppers look for bargains on November 24. Last year shoppers using Takealot.com ran into problems in the checkout process. This year‚ the online retail giant says it has prepared for five times the average payday traffic. "Our checkout process ran into problems on last year's Black Friday because the banks' payment gateway fell over from the surge of online shoppers across the country. The combination of all the retailers running Black Friday sales meant that they simply couldn't handle ... Read more

Online retailer Takealot biggest 2017 Black Friday sale ever

Online retailer Takealot says that its 2017 Black Friday sale will be the biggest its ever had, with almost every product category on the site expected to host sales. According to CEO, Kim Reid, over 15,000 products will be discounted starting on 24 November, with the majority seeing up 60% off the normal price tag, and some prices going as low as 70% and 80% off. The retailer has dubbed its Black Friday weekend sale as the Blue Dot Sale, which will run for five days: from Black Friday on 24 November, through the weekend to Cyber Monday on 27 ... 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

What is the price of an eCommerce shop?

The eCommerce store price comes down to functionality and size of the store: How Many Products Your Store Has: The number of products in your online store affects what kind of computer server you need. If you have a big store with lots of stuff, you'll need a special server just for your store. This is called a dedicated server. It can handle lots of space and lots of people visiting your store at once. A big store usually has more than 2000 products. Each product picture takes up space, so a dedicated server is perfect for this. Cool Features ... Read more

5 eCommerce retail trends to be adopted in the South African market

Mobile Smartphones provide the ultimate gateway for internet users across the world. They provide consumers with market transparency and the possibility of anywhere, anytime interaction. In China, it’s estimated that 88.9% of internet users chose to connect through their mobile phones. A recent study, conducted by the German Scientific Institute of Market Research (GfK), found that 26% of German shoppers compare prices using their mobile devices when visiting a store. When it comes to South Africa, mobile has also had a significant impact on the market. Mobile penetration within South Africa is huge and smartphones are quickly gaining market share ... Read more