Friday, November 22African Digital Business Magazine

Tag: retail trade

South Africa News

SA shoppers are online. Retailers need to meet them with an exceptional experience

Consumers are embracing the e-commerce experience in growing numbers and corporate South Africa is taking serious notice, according to Geoff Hardy, Head of Digital, Immersion Group, a global team of experience design experts. Across the globe online sales have surged, while locally online transactions on Black Friday alone grew by more than 60%, and a recent study released by Mastercard found that 68% of South Africans are shopping more online since the beginning of last year. “The Covid-19 pandemic undoubtedly accelerated prevailing trends as well as consumer behaviour and preferences by as much as a decade. This extraordinary industry-wide transformation is a forecast of the future of South African retail,” notes Hardy. He says a solid digital footprint and strategy have become non-negot...
TradeDepot highlights smaller packs and increased food spending as top trends that will shape Nigeria’s retail sector in 2021
Nigeria News

TradeDepot highlights smaller packs and increased food spending as top trends that will shape Nigeria’s retail sector in 2021

TradeDepot, the B2B eCommerce platform for consumer goods in Africa, has today released new insights from its market data that highlights the trends that will shape Nigeria’s retail sector in 2021. According to TradeDepot, the impact of the pandemic, rising inflation, border closures and other issues drove significant changes in behaviour for retailers, distributors and manufacturers in 2020. As the sector settles into the new year, TradeDepot predicts that some of the main trends that shaped 2020 - particularly smaller packaging for consumer goods and increased spending on food and essential goods due to dwindling disposable income and people spending more time at home - will continue to influence behaviour across the market. The retail sector is the third largest contributor to Nigeria’s...