Retail
Social Media Has Redefined How People Shop
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New Lockdown Rules for Online Purchases and Deliveries in SA
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
4 Exciting Insights into How E-Commerce is Creating Jobs in Ghana
In 2020, the unemployment rate in Ghana was at approximately 4.51% of the total labor force. The unemployment rate is the percentage of a country’s labour force that is without jobs but are available to work and actively seeking employment. This is an increment from 4.16% in 2018 and 4.22% in 2019. Graduates from tertiary education, all genders in Ghana was reported at 10,9874 Persons in 2018 and this number increases year on year. Maybe in comparison to other developing countries, this seems like it’s encouraging. /* custom css */ .tdi_3_2c7.td-a-rec-img{ text-align: left; }.tdi_3_2c7.td-a-rec-img img{ margin: 0 auto 0 0; } However, if we take a closer look at the active labour force of Ghana which stood at almost 13-million in 2020, we begin to get a clear picture of how discouraging thi...
How COVID-19 Has Driven a Cashless World Through Contactless Payments
Image sourced from PYMNTS. /* custom css */ .tdi_4_560.td-a-rec-img{ text-align: left; }.tdi_4_560.td-a-rec-img img{ margin: 0 auto 0 0; } Driven by the COVID-19 pandemic, contactless payments have become the world’s preferred payment method. In addition to being safer from a viral transmission perspective, contactless payments are also faster, and integrating multiple contactless payment methods assists small businesses to better maintain financial liquidity. While choice in payment methods boosts Customer Experience (CX), we still have a way to go before South Africa fully embraces cashless payments. This will necessitate educating the population on card security and business owners on the benefits of contactless payments and the reduction of cash on hand. Formal vs Informal Trading /* c...
SA, Nigeria & Kenya: Top E-Commerce Drivers in Sub-Saharan Africa
Sourced from Legit.ng /* custom css */ .tdi_4_e6c.td-a-rec-img{ text-align: left; }.tdi_4_e6c.td-a-rec-img img{ margin: 0 auto 0 0; } A recent Visa report has shown that the top market contributors to e-commerce in Sub-Saharan Africa (SSA) over the last 3 years were South Africa, Nigeria, and Kenya, with Ghana also showing growth, having replaced Kenya in the top three contributors in 2020. SSA may be one of the smallest regions of e-commerce globally, but it shows steady growth potential. During lockdown, the region saw new e-commerce users rise by 5% when compared to the active base in SSA the previous year. “The three leading markets in SSA are starting to mature, providing the region with an established foundation and when twinned with the growing penetration of e-commerce, it offers p...
Gen-Z is SA’s Fastest Growing Group of Online Shoppers at 218%
Courtesy of Raw Pixel. Image sourced from Robosoft Technologies. /* custom css */ .tdi_4_211.td-a-rec-img{ text-align: left; }.tdi_4_211.td-a-rec-img img{ margin: 0 auto 0 0; } By harnessing the power of social media, Gen Z is driving a new wave of the e-commerce boom in South Africa. Apps including Facebook, Instagram and TikTok, which tailor content to the user’s interests and behaviour, have allowed this new generation of spenders to create a personalised shopping mall experience – online. Gen-Z Takes Shopping Online /* custom css */ .tdi_3_f0e.td-a-rec-img{ text-align: left; }.tdi_3_f0e.td-a-rec-img img{ margin: 0 auto 0 0; } According to data sourced by online payment gateway PayFast, the fastest-growing group of local online shoppers in SA are the Gen Z’s, aged between 18 and 24. “Ou...
How Telematics is Driving eCommerce during COVID-19
If ever there was a time for the eCommerce sector to adopt telematics technology, it would be now: COVID-19 has disrupted the retail landscape, with more South Africans now choosing e-commerce as their preferred shopping channel over traditional brick-and-mortar stores. According to a Mastercard study, as much as 68% of South African consumers said they are shopping more online since the onset of the pandemic. More online shopping means that there are more deliveries to be made, and the logistics industry has had to scale operations to meet the growing demand. The various levels of lockdown, COVID-19 regulations and people working from home have created a greater reliance on home deliveries, with the industry now findi...
Why Private Cellular Networks are Critical to Trade
Increases in global development and international populations have put bigger demands on trade and in turn, ports and shipping. To manage the boom, ports are improving operations and efficiency with automation, powered by 5G-ready private cellular networks. According to the World Bank, trade represented more than 60% of the global gross domestic product (GDP) in 2019. And 90% of the world’s trade is facilitated by the shipping industry, according to the International Chamber of Shipping. The vast importance of future ports to shipping makes them a vital element for the function of the global economy. According to statistics data from the United Nations Conference on Trade Development, of the four main types of shipping vessels (oil, bulk cargo, general cargo, and globally standardised cont...
Bolt Kenya Launches Food Delivery Service to Rival Uber Eats
Bolt has officially launched a new food delivery service in Kenya after announcing this plan in 2020. So far the service – which aims to give users access to restaurants and menus from the palm of their hands – has partnered with around 200 restaurants, including KFC, Big Square, Pizza Mojo, Urban Gourmet Burger, Debonairs Pizza, Steers, Ohcha Noodle Bar, The Chef House, Wings Kenya Alchemist, Shokudo Japanese, Barista & Co, Mercado, Awash Ethiopian restaurant, Charlie’s Bistro and Bao Box. “Food delivery has been a popular request for quite some time and we are glad to bring this service to the millions of people who are using our platform. The infrastructure and experience we have built up with our ride-hailing business give us a good platform to expand and diversify our services,” s...
Payflex Introduces Online ‘Buy Now Pay Later’ Service in South Africa
Image sourced from Travel Money Oz Payflex has launched its buy now pay later online retail service to South Africa. The company – which has seen extraordinary popularity in Australia, the USA and Europe – lets users shop online and pay later, interest-free over six weeks. “Traditionally paying via instalments in South Africa has been associated with high-interest charges, as you are penalised for paying for the item over time,” says Paul Behrmann, CEO and founder of Payflex. “But by using Payflex, every purchase you make is interest-free. You’ll know exactly when each of the four interest-free payments is due and there are no hidden costs. It puts you in control of your finances.” Here’s how to use Payflex /* custom css */ .tdi_3_dee.td-a-rec-img{ text-align: left; }.tdi_3_dee.td-a-rec-im...
New Online Retail Platform Launches in South Africa
Netcash has partnered with Ecwid E-Commerce to launch Netcash Shop. Powered by Ecwid E-Commerce’s platform, Netcash Shop is expected to allow merchants to create a digital eCommerce store where they can sell their products. And thanks to the tight integration with Netcash’s Payment Gateway, merchants can accept a wide range of payments options. According to the companies, merchants who use Netcash Shop will pay half as much as those using alternative eCommerce platforms and shopping cart options. For companies that already have a website, a Netcash Shop shopping cart or shop can easily be added to a site built on a content management system like WordPress, Wix or Joomla. /* custom css */ .tdi_3_fb7.td-a-rec-img{ text-align: left; }.tdi_3_fb7.td-a-rec-img img{ margin: 0 auto 0 0; } Tho...
Sandton City Launches its Digital Mall Platform on Nedbank’s Avo App
Sandton City and Nedbank have partnered to launch an immersive ‘mall’ experience on the Avo app. This digital shopping platform is expected to give users the chance to shop items from multiple stores in Sandton City, pay for goods on the app, and then choose between home delivery or collection from the Avo lounge lockers at Sandton City. “We aspire to enable our app users to do life differently. The concept of a digital mall is broad and includes everything from gaming, clothing and groceries to tech, gadgets and home décor. Our insights show that people across Africa are willing to travel to shop, with Sandton City being a preferred destination,” says Vishal Maharaj, founding member of Avo. “We have onboarded more than 30 stores to date, and more are on the way, ensuring they are liv...
