[LISTEN] E-commerce is growing faster than traditional shopping

While shopping malls remain a prominent feature in South Africa's retail environment, e-commerce is growing at a faster rate according to Internet Executive at uAfrica.com, Andy Higgins.

Higgins says the total online retail spend is at an estimate of R11 billion a year.

With offline traditional retail growing at about five percent a year, we estimate online retail is growing twenty to thirty percent a year. It is still relatively low base, but growing much faster than traditional.

Andy Higgins, Executive at uAfrica.com

It is going to be a major part of our future but it is certainly not going to replace traditional retail.

Andy Higgins, Executive at uAfrica.com

He says building an online store has become a lot easier and cost effective.

Yes you can get going very cost effectively but you also have to be prepared to spend some money. It is a process, it takes time. You still have to market, invest a bit of money and do some research like any other business.

Andy Higgins, Executive at uAfrica.com

Founder of Perfectdealz.co.za' Maswe Ramagaga shared her story.

Perfect deals has been in existence for the past four years. In the first year, we were not getting too much traffic and the exposure we were looking for. Only now in the recent years, with all the offers, we are able to get more exposure.

Maswe Ramagaga, founder of Perfectdealz.co.za

Click on the link below to listen to the full conversation....


This article first appeared on 702 : [LISTEN] E-commerce is growing faster than traditional shopping


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
What are the latest trends for online shopping in SA?

What are the latest trends for online shopping in SA?

CEO of Price Check, Kevin Tucker, speaks to CapeTalk's Kieno Kammies about the major trends in online shopping for 2018.

Prevent being a victim of cybercrime when online shopping

Prevent being a victim of cybercrime when online shopping

By 2021, over 2.14 bill people are expected to buy goods & services online, so what does this mean about our online security?

7 cybersecurity tips for online shoppers this Black Friday

7 cybersecurity tips for online shoppers this Black Friday

Nick Saunders, Sales Enablement Manager at Mimecast on how to keep safe while shopping online this Black Friday.

5 reasons why online shopping is going hybrid (online and in the ‘real world’)

5 reasons why online shopping is going hybrid (online and in the ‘real world’)

The Money Show’s Bruce Whitfield interviews Yuppiechef cofounder Andrew Smith.

Online shopping may be shifting traditional mall culture

Online shopping may be shifting traditional mall culture

People are shopping differently, with online shopping becoming more attractive, but does this mean malls are on the decline?

Popular articles
Parents no longer have to travel with children's birth certificates

Parents no longer have to travel with children's birth certificates

The new Home Affairs upgrades to the system include printing parents details at the back of the child's passport.

Tell me what you want: Study reveals most common sexual fantasies

Tell me what you want: Study reveals most common sexual fantasies

What are your sexual fantasies? Disclosure can bring sexual freedom, but it can also have downsides. A study lists the top trends.

More arrests are imminent in connection with the cash-in-transit heists - Hawks

More arrests are imminent in connection with the cash-in-transit heists - Hawks

Seven suspects were arrested in Limpopo in less than 24 hours after a cash-in-transit vehicle was blown up in the province.

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

The story of amaBhungane (and how it’s digging up dung on the Guptas & friends)

The story of amaBhungane (and how it’s digging up dung on the Guptas & friends)

The Money Show’s Bruce Whitfield interviews amaBhungane Centre for Investigative Journalism Investigative Journalist Craig McKune.

Meet Elmar Conradie, CEO of low-cost FlySafair (world’s most on-time airline)

Meet Elmar Conradie, CEO of low-cost FlySafair (world’s most on-time airline)

The Money Show’s Bruce Whitfield interviews Conradie for his “ShapeShifter” feature.

Criminals targeting homes with aluminium windows, warns neighborhood watch

Criminals targeting homes with aluminium windows, warns neighborhood watch

The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.