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
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
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Zodwa Velleman, CEO at the Vapour Product Association of South Africa.
The Money Show’s Bruce Whitfield interviews Andrew Woodburn, Managing Director at Amrop Woodburn Mann.
The Money Show’s Bruce Whitfield interviews Cheeky Media Joint MD Yusuf Stevens.
Boeing made more planes than any other manufacturer for five years in a row. Bruce Whitfield interviews Boeing's J Miguel Santos.
Meet Netflorist MD Ryan Bacher and learn how he created one of Africa’s largest online retailers.
Meet the founder of WantItAll, South Africa’s second largest web store, and the brains behind the revolutionary Parcelninja.
MEC of Education Debbie Schäfer confirmed that two girls aged 11 and 18 were abducted in Zonnebloem recently.
Zille says properties under the control of the state should be made available for local government's affordable housing plans.
Dr Taj Hargey says he is advocating for the ban of women wearing burkas in public because they look ridiculous.
Institute for Race Relations researches Terence Corrigan explains why they believe the list Afriforum has released is genuine.
Juan Sanchez shares stories of Fidel Castro that’ll make you re-examine everything you thought you knew about the Cuban dictator.