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All posts tagged "Ecommerce"

  • US consumers blow $3.34bn on Black Friday, break mobile shopping record

    It was an extremely healthy Black Friday for US retailers according to new data released by Adobe. The company this week published its 2016 online shopping report covering Black Friday and Thanksgiving, and the numbers represent a positive trend over 2015. Adobe's report is based on "aggregated and anonymous data from 22.6-billion visits to retail websites" and covers approximately 80% of the US's top 100 retailers. Adobe notes that buyers in the US blew more than US$5.2-billion at the end of Friday. This marks a 17.7% increase over 2015. "Black Friday set a new record by surpassing the three-billion-dollar mark for the...

  • Chargebacks: how they can affect your online business

    Increasing sophistication in card fraud is reason for concern. Not only for banks, but most especially for online merchants, who are at risk of losing their ability to trade should they be implicated in repeat fraud attempts and excessive customer disputes. While fraud is well documented, chargebacks as a result of a dispute can be just as debilitating. The financial services industry has made strides in card fraud protection with the implementation of 3D Secure for card transactions. However, what many merchants aren’t aware of is that Instant EFT significantly reduces the chargeback risk. According to statistics from the South African...

  • Africa’s mobile growth: Opera publishes its State of Mobile report

    Norwegian internet company Opera isn't quite as well known in the desktop browser space, at least in terms of usage figures. Globally, Google Chrome, Mozilla Firefox and Microsoft's Internet Explorer still command the lion's share of users' internet tabs. When it comes to mobile browsers though, the firm has historically had a huge following in Africa. The company this week published its State of Mobile Web Report for Africa 2016, and with it, a slew of insights into Africa's voracious mobile device and web usage using its software and services as a lens. So, what are some of the key takeaways? More...

  • Here’s how South Africans use Facebook during the holidays

    It's becoming more and more difficult to ignore Facebook's influence on our daily lives. With around 1.7-billion active users globally, the social network would be the world's most populous country if Mark Zuckerberg decided to, I don't know, buy Mars perhaps. This popularity is also true in South Africa. Of the country's 53-million strong population, around 14-million use the social network each month, with about 50% of those logging in each day. Clearly, the social network has a massive effect on the online world in the country. And according to a new survey, it's also slowly morphing into a social...

  • Groupon South Africa is dead: here’s what will happen to your orders

    Back in September 2015, Memeburn reported that ecommerce platform Groupon began shedding global offices in an effort to "make the business more efficient". And while South Africa wasn't a country affected back then, it is now. Groupon South Africa today announced that it will shutter its operations in the country, in a bid to further streamline its global business operations. Groupon launched in South Africa in 2010 after it bought local startup Twangoo. Groupon South Africa will effectively shutter on 30 November "We are sorry to inform you that as of 4 November 2016, Groupon has wound down its operations in South Africa...

  • Opera: OLX, Letgo tracks you more than Takealot, Gumtree

    New research from Opera Software found that over half of the top 60 Android shopping apps collect personal information via trackers. However, South Africa's OLX and Letgo were mentioned as some of the worst offenders as well. The two South African services were joined by the likes of Flipkart, Amazon, JC Penney, Best Buy and eBay Kleinanzeigen as the shopping apps with the highest amount of trackers. These trackers collected information such as your name, email address, location, phone number and search terms, Opera wrote in an emailed press release. The results were obtained using privacy mode in the updated Opera Max...

  • My Vodacom app now supports Mastercard’s Masterpass

    South African telecoms giant Vodacom has announced that its customers can now "buy airtime, data bundles and SMS bundles through the My Vodacom mobile application" using Mastercard's mobile payment gateway Masterpass. Previously, purchasing airtime required users to leave the My Vodacom app, but this change now allows Vodacom users to purchase these items and services directly from the network's app. Masterpass, according to a press release, aims to "support all forms of commerce in order to address the widest range of merchant experiences and consumer needs". The service requires a single payment card capture -- which means consumers needn't continually re-register the card...

  • B2B companies must evolve or lose out on $1-tn market

    B2B companies will need to adapt their thinking and delivery approach if they want to benefit from a B2B ecommerce market that is fast approaching the US$1-trillion mark in the US alone. It is estimated that by the end of 2016, US B2B eCommerce will total US$855-billion. A forecasted CAGR of 7.7% will push this number over the US$1-trillion mark by 2020. B2B ecommerce today is no longer merely a bolt-on to most B2B businesses. It is now deeply woven into the very fabric of many companies, and B2B ecommerce organisations are investing heavily in re-platforming and re-building B2B ecommerce sites,...

  • The growth of Africa’s ecommerce future lies offline

    Ecommerce in Africa has experienced massive year-on-year growth. Despite infrastructure challenges, ecommerce is expected to see 40% annual growth for the next ten years. Africa, outside of South Africa, is a mobile-first, and largely unbanked economy. With mobile penetration reaching close to 70% on the continent, technology has shown extraordinary innovation, especially in the fintech sector. The link between digital media and ecommerce is well documented and easily trackable. For this reason, we’ve scrutinised case studies highlighting the role social media plays in ecommerce success, and have ploughed expertise, time, and energy into building campaigns. However, it is critical to bear in...

  • Takealot wins big at PriceCheck Tech & Ecommerce Awards

    The 2016 PriceCheck Tech & Ecommerce Awards concluded last night with Takealot.com snagging the overall win. The PriceCheck awards celebrate businesses doing innovative things in the tech and ecommerce industries. The awards, which took place at a gala dinner held in Cape Town, saw Takealot.com walking away with the Overall Winner Award as well as the People's Choice Award. Each nominee was selected by public nomination, thereafter the nominees were submitted to a panel of judges. These judges then selected the top three nominees per category to finally choose the winner. The panel consisted of director of emerging markets at Criteo, Dirk Henke; editor-in-chief...

  • Yuppie Gadgets speaks out over Yuppiechef trademark dispute

    After years of dispute, local online store Yuppie Gadgets, has won two legal cases against fellow ecommerce store Yuppiechef. The ongoing battle between the two companies came to light after a public blog post on Yuppie Gadgets' website. In the post, Yuppie Gadgets states that the two companies have been "embroiled in a legal battle" for two years. "We beat them at the Western Cape High Court and now Yuppie Gadgets beat Yuppiechef in a HUGE case at the Supreme Court," reads the post. According to Yuppie Gadgets, the company received a lawyer's letter from Yuppiechef in 2013, which threatened legal action for use...

  • SNAPnSAVE hits 150 000 downloads, R1m in cash returns

    South African loyalty shopping app SNAPnSAVE today announced that it has reached a new cash-back milestone of R1-million given to shoppers subscribed to its service. Users get cash back on items by scanning their till slip from selected retailers and uploading it with the SNAPnSAVE app. Shoppers then accrue a percentage of the till slips' value in return via a wiCode, which can be redeemed at 13 partner retailers. SNAPnSAVE: this new SA app lets you earn cash by scanning your till slip This is interesting. It's a new South African app called SNAPnSAVE and it allows you to earn cash by scanning your...

  • Good Buy Jo aims to unify South Africa’s messy online retail space

    If you think of price comparison websites or product directories, you'll likely think of PriceCheck. But PriceCheck is getting a new competitor in the form of Good Buy Jo. The site, which sounds like the perfect name for a folk indie band, "offers consumers a place where they can search for things they want across multiple online stores in one location," according to a press release. "It is where customers begin their online shopping journey, where they have choice, browsing power in one central place and access to deals and promotions, based on their unique interests." The site lists merchandise from the...

  • Alibaba sold goods worth $476bn in fiscal year 2015

    For the fiscal year ending 30 March 2016, Alibaba's China retail marketplace platforms sold goods worth more than 3 trillion yuan, about US$476-billion. This is according to Alibaba's Group Executive Vice Chairman, Joe Tsai. Writing on Alizila, the company's blog, Tsai claimed that the company has seen a growth of about 23% in Gross Merchandise Value (GMV) from the previous year, 2015. The growth, according to Tsai, is not only reflective of an impressive year by Alibaba but a shift in China's economy trend. Tsai proposes that Alibaba is seeing the emergence of a new economy, one driven by...

  • Building an ecommerce store? We look at 6 solutions for you

    With ecommerce constantly gaining traction in South Africa, it may be time to start that online store you've always dreamed of. While larger retail chains are jumping on the ecommerce bandwagon and moving into the digital space to be all-in-one solutions, there is still plenty of room to launch your own venture. You might not be technically inclined, working on a budget, or what unsure of what to do next. We've got you covered. Memeburn takes a look at either different ecommerce solutions to see which is right for you. For this list, we've looked at two add-on ecommerce solutions, two...