Despite being the continent with the highest growth potential and a growing middle class population, retailers find it difficult to move online in Africa. South African online sales recently surpassed the 1% mark of total retail sales. However, Africa and other African countries require exponential growth to catch up (Export & Import South Africa).
Continue reading Some Reasons Why Retailers Battle To Move Online In Africa
Getting a loan for your business can be a huge challenge. It takes money to make money; however, most start-up business does not have enough money to start doing business. Here are some potential sources to get the start-up money for your business:
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How ever inviting it may seem, starting an online retail business is not easy. So, here’s some points that may help prepare you what is coming…
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Are South African retailers failing online? A recent study by the South African Council of Shopping Centres (SACSC) published by BusinessTech has revealed that South African retailers did little to advance their sub-par online shopping offerings in 2014.
Reasons why South African retailers are failing online
Continue reading South African Retailers Failing Online
You should consider to start an online retail business. Bricks and Mortar (Traditional retailers) are now urgently adding online retail channels to the businesses. Thomas Smale contributing to The Entrepreneur proposed the following reasons:
Continue reading Why You Should Start an Online Retail Business
Any business needs paying customers to survive. Retailers need however to understand the behavior of their customer to earn their money.
What is a paying customer?
Continue reading Paying Customers are Needed for Business Growth and Survival
Competitors of your business are entities that offer similar products or services to customers in the same market that you are busy in. In other words, if you own a bakery on the corner, the supermarket in the nearby shopping mall that sells bread, is your main competitor.
Continue reading Business Plan: Competitors in the Market
New research has shown that increasing Website Traffic is the biggest challenge for Bricks and Clicks retailers.
Why is Website Traffic important?
Website traffic (or the number of visitors to your website) is important because the number of visitors equals the number of opportunities you have to add new customers.
Continue reading The Big Challenge: How to Increase your Website Traffic
To write a business plan may take up a lot of your time and financial resources. Here are some reasons why you need a business plan…
Continue reading Why Do You Want To Write A Business Plan?
Many companies still believe that their customers exchange money for products that they offer. You rather should offer value to your customers…
Continue reading Offering Value to Your Customers