Tag: ecommerce sme startup

Empowering SMEs: Free Masterclass by Mastercard & PayFast In response to the pandemic, Mastercard has partnered with online payment gateway PayFast to host "Empowering Every Business SME Masterclass" – a free virtual webinar designed to help entrepreneurs future-proof their e-commerce businesses in an increasingly digital world. The masterclass, themed 'The New Age of Digital Entrepreneurs: Growth Re-loaded,' brings together some of South Africa's sharpest business and management minds to share insights on how SMEs can start or grow their businesses online, mitigate risks, and embrace the "new normal." Vusi Thembekwayo, venture capitalist, best-selling author, renowned entrepreneur, and global business speaker, ... Read more

Most of the debate about slow online shopping uptake and e-commerce development in South Africa concentrates on customers. But the main glitches may be on the supply side. e-Commerce is a giant industry. The 2019 e-Commerce Report from World Wide Worx reported in November 2018 that total revenue from e-commerce sales in South Africa will have reached R14 billion. According to market research company Statista South Africa will have as many as 21,5-million online shoppers in 2019, that’s almost 40% of the population. But even though online shopping is beginning to go mainstream in South Africa, online retailers still make ... Read more

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

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