Black Friday South Africa
4 Ways to Safely and Securely Navigate Black Friday Online
Black Friday in 2020 is expected to see more South Africans than ever before shopping, and paying, online. According to a recent McKinsey & Company consumer sentiment survey, 40% of consumers intend to continue online shopping spend even when the COVID-19 pandemic is over. Thomas Pays, CEO and co-founder of digital payments company Ozow, says the sharp rise in online shopping and eCommerce has highlighted the need for innovative technology-driven solutions that allow shoppers to shop and pay safely online – including consumers who don’t have credit or debit cards. With this year’s Black Friday deals running over four weeks at many retailers, Pays’ says the way to successfully navigate Black Friday responsibly relies on four factors: Stick to a plan and set budget. The overwhelming numb...
Will Black Friday Contribute Towards Economic Stimulation in South Africa?
Despite 2020 being a very tough year for almost everyone, there’s nothing to be gained from not recognising Black Friday and the festive season at large. This is according to Matthew Leighton, spokesperson for OneDayOnly, who says that now more than ever, the economy requires stimulation and regrowth – and Black Friday is the biggest opportunity the eCommerce industry has to contribute towards that economic stimulation. Is this the year more people turn to online shopping? “We’ve seen consistent growth in Black Friday numbers and we expect this to continue,” says Leighton. Between 2018 and 2019, the home-grown daily deals site saw the number of Black Friday shoppers double, dwarfing the numbers seen on a regular day. “Internationally, well-established eCommerce markets are still experienci...
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