The Science Of ...

Shopping online has come of age (e.g. Amazon is now larger than Walmart!)

Online retail is still growing 20% to 30% per year.

Andrew Smith, Yuppiechef

Amazon has a larger market cap than Walmart.

Andrew Smith, Yuppiechef

Online has allowed pricing to be a lot more visible.

Andrew Smith, Yuppiechef

The Money Show’s Bruce Whitfield interviewed Yuppiechef’s Andrew Smith for his weekly “The Science Of” feature.

Smith spoke about the state of ecommerce, including trends such as Visa Checkout and Snapscan, as well as the issue of deliveries (in the light of the recent purchase of Postnet by Aramex, enabling online purchases to be collected from a Postnet branch).

Scroll down for quotes from the audio below.

We have about 85 staff members. It’s a big business.

Andrew Smith, Yuppiechef

There certainly was less competition 10 years ago.

Andrew Smith, Yuppiechef

We ship to five other African countries.

Andrew Smith, Yuppiechef

South Africa is always behind in these aspects.

Andrew Smith, Yuppiechef

We have a very strong mall culture. We have one of the highest rates of malls per capita.

Andrew Smith, Yuppiechef

The Post Office has done us no favours.

Andrew Smith, Yuppiechef

Just start! Making sales is the hard part. Don’t spend a year fiddling with the technology.

Andrew Smith, Yuppiechef

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
How ‘no name brands’ became trusted in SA (attracting R38 billion in spending)

How ‘no name brands’ became trusted in SA (attracting R38 billion in spending)

South Africans – even wealthy ones - trust and buy housebrands, according to a new report by Nielsen.

South Africans love their loyalty programmes (e.g. Pick n Pay Smart Shopper)

South Africans love their loyalty programmes (e.g. Pick n Pay Smart Shopper)

The use of loyalty programmes is skyrocketing, especially amongst the youth, according to the 2016 Truth Loyalty Whitepaper.

How Naspers paid peanuts for Tencent (China’s most valuable company)

How Naspers paid peanuts for Tencent (China’s most valuable company)

In 2001 Naspers invested $32 million in (then tiny) Tencent. Learn more about the wildly profitable Chinese behemoth...

Need cash (or a loan) quick? How pawn shops may be able to help…

Need cash (or a loan) quick? How pawn shops may be able to help…

The Money Show’s Bruce Whitfield interviews Pawn Shop SA host and pawn shop owner Roy Peretz.

How flower power led to the creation of South Africa's oldest online store

How flower power led to the creation of South Africa's oldest online store

Meet Netflorist MD Ryan Bacher and learn how he created one of Africa’s largest online retailers.

How Justin Drennan made it possible to run an online store without a warehouse

How Justin Drennan made it possible to run an online store without a warehouse

Meet the founder of WantItAll, South Africa’s second largest web store, and the brains behind the revolutionary Parcelninja.