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All posts tagged "Ecommerce"

  • Weekly Round Up #21: Elon Musk has battery power, &Threads, Autonomous trucks and Microsoft Build

    Welcome to Weekly Roundup, our podcast discussing the tech trends, innovation and news from the last few days. This week on BurnCast, Stuart Thomas, Jacques Coetzee, and Christopher Wilton speak about Microsoft Build, Elon Musk's amazing battery power announcement, &Threads, a new boutique startup, and Autonomous trucks, a safer way to move goods arrival the web. After a keynote address in which Elon Musk sounded like poet with an audience eating out of the palm of his hand, the entire world was speaking about Tesla Energy. Tesla Energy offers possibilities for third world countries but is it affordable. The greater...

  • Google predicts massive growth in African ecommerce by 2017

    Google South Africa is seeing considerable growth in Africa’s ecommerce space and expects 2015 to be another growth year. Luke Mckend, country director for Google South Africa, spoke at the eCommerce Africa Confex in Cape Town this week, where he shared stats on how Africans are increasingly Googling with the intent to buy. “We see a story of growth,” says Mckend. “Search is growing much faster than in mature internet economies.” Despite 2014 being a “tough year” for online businesses, Google has seen a 37% increase in query volume for South Africa, 49% in Nigeria and 33% in Kenya. “What’s particularly...

  • Pargo’s pick up points hope to innovate South Africa’s growing ecommerce

    Dutch founders Lars Veul and Derk Hoekert recently showcased their ecommerce solution called Pargo at the eCommerce Confex Africa. We caught up with them to see what all the fuss is about around pick up points. Both have a strong background in ecommerce and have over the last two years help grow the online classifieds site Groupon SA. While trying to sort out Groupon’s ecommerce strategy, the pair immediately saw a gap.

  • Mirror mirror on the wall: eBay to put interactive mirrors in fitting rooms

    eBay wants to reach the brick and mortar world, and it is doing so with the flair that is to be expected of a tech savvy store. The company wants to erect interactive mirrors in its stores too enhance the shopping experience. The feature is already being modeled at the Rebecca Minkof store in New York and San Francisco with other partnerships in more cities in the pipeline. When walking into the store, shoppers are greeted with large mirrors that double as touchscreens. No longer will it be a must to physically search for clothes whilst messing up neatly packed clothes...

  • Leveraging the omni-channel is critical for etailers this festive season

    The same way a customer gets confused and overwhelmed by choice walking into an aisle in a grocery store, browsing online for products is not much different. Retailers need to use the technology at their disposal to guide customers more efficiently. As the market intensifies in the build up to the festive season, retailers in particular, are needing to communicate more intuitively and intelligently to connected consumers. It would seem that investing in mobile-driven solutions such as apps would be a no-brainer. Yet, worldwide research is indicating that retail apps, that solely offer basic brochureware, are failing to deliver...

  • Is the Kalahari, Takealot merger really in everyone’s best interests?

    Early on Tuesday news emerged that two of South Africa’s ecommerce giants, Takealot and Kalahari, would be joining forces. But just how good is the deal for ecommerce in South Africa. Until now, the Tiger Global-backed Takealot and Naspers-owned Kalahari have probably been the fiercest rivals in the South African retail ecommerce space. Speak to people who buy online regularly and they’ll give you myriad reasons for choosing one over the other, ranging from delivery times to customer service and even the respective corniness of their advertising. That competition has helped drive innovation in the space, to the point where...

  • Alibaba officially registers biggest ever US IPO

    Alibaba has raised US$21.8-billion ahead of its stock market debut, meaning that it is responsible for the largest IPO in US history. According to multiple sources, the ecommerce giant, its executives and early investors split some 320-million shares up at a value of US$68 a share. The value of Alibaba's IPO puts it well ahead of the US$16-billion Facebook managed to raise in its IPO a couple of years back. It's even larger than the US$17.9-billion Visa managed to raise in its 2008 IPO and falls just short of the US$22.1-billion raised by the Agricultural Bank of China in what...

  • Ecommerce is changing: where to from here?

    Like any industry, eCommerce is just beginning to mature, so what are the next opportunities for disruption? The barriers to entry are no longer technology or software Most retailers now understand that a multi-channel approach is the minimum required, and have a technology stack, where some will be better than others. Most smaller businesses will outsource this cost, most medium businesses will have in-house teams, and the very large will have a combination of in-house, outsourced and agency teams all working on their eCommerce proposition. The emphasis on constant adaptation will increase as the competition heats up, so stagnant websites will...

  • Takealot claims responsibility for death of SA’s shopping trolleys

    In a stunt that it's labelled a public confession, South African ecommerce store Takealot is claiming responsibility for the alleged death of shopping trolleys across the country. Scattered across Cape Town earlier this week, the so-called RIP Trolley initiative showcased the social problems of out-of-work shopping carts including homeless trolleys and trolley graveyards. According to the company, these sites all represent the aftermath of Takealot's massive growth. In run up to South African eCommerce Awards 2014, the company is also introducing the Adopt-a-trolley initiative through its recently acquired, Superbalist online store: "Today, at Superbalist, we memorialise a piece of retail...

  • The future of online shopping: customer control and offline [Net Prophet]

    "A new retail is emerging -- it is consumer driven and tech-enabled," says Jody Ford, VP of eBay Marketplaces. As our world keeps evolving technologically, so the way people want to shop is evolving too. According to the eBay VP, we are likely to see more change in the retail business in the next three years than has occurred in the last 10 years. Retail is likely to benefit most from current technology platforms that rely on creation of consumer service and demand. He reckons that consumers are deciding how technology is being used rather than the creators. "Mobile...

  • China’s massive internet numbers: 618m online, 500m connected to mobile web

    China now has 618-million internet users and 500 million mobile web users, according to new figures from the China Internet Network Information Center (CNNIC). The new numbers from CNNIC are for December 2013. They show strong growth from the agency’s last report midway through 2013 when we saw that China had 591-million internet users and 460-million mobile netizens. The number of mobile web users has more than doubled from the end of 2009 when there were only 233 million accessing the web via phones. China’s smartphone boom -- there are about 270-million active Android users in the country right now –...

  • Staying ahead of the curve: 3 massive enterprise trends to watch in 2014

    It’s that time of year again, when the technology seers and trendspotters start pontificating on what they believe will be the transformative or shape-shifting technologies for the year ahead. We strive to keep a finger on the proverbial pulse, and therefor have some thoughts of our own on what we believe will drive the digital scene in the South African market in 2014. Mobile foundation One of the fundamental elements to most of the emerging technology trends is the increasing dependence on (and popularity of) mobile devices. As smartphones, tablets and notebooks become cheaper and more prevalent, coupled with...

  • Chinese shoppers spend $500m on Alibaba’s Tmall in 20 minutes

    It has turned November 11 in China, commencing the nation’s craziest day of online shopping discounts and spending. It’s called 11/11. At Alibaba HQ, China’s top ecommerce company is watching its consumers spending in real-time in what we like to call its ‘big data’ war-room. Alibaba’s Tmall, its open marketplace for merchants, saw $177 million spent in the first six minutes. That leapt to US$266 million (RMB 1.64 billion) after the first ten minutes, and then to very near US$500-million (RMB US$3.021-billion) at the 20-minute mark. (UPDATE: After the first 50 minutes, US$1-billion has been spent). In the hour before...

  • Ecommerce in Africa: you will lose money for a long time [T4A]

    If you are in the ecommerce space in Africa, you should get out of business now or prepare to be poor for a while. That's the general message from the Africa Internet Accelerator group. "We think online entrepreneurs can succeed in building sound online retailers on a continent where ecommerce has been underdeveloped, where logistics, product availability and internet connectivity are daily challenges," says the ecommerce business start-up and incubator. Speaking at the Tech4Africa conference, the group agrees that the future of retail will be online and that ecommerce will be multi channelled with mobile shopping and same day...

  • 5 major trends anyone in the African tech space should be aware of

    The African tech scene is changing. Some of that change is positive, whilst some of it is negative. However, this is all part of how an ecosystem matures, so it’s good when you look at the bigger picture. Here are some of the biggest trends I've noticed over the past year or so. 1. The breadth of tech is maturing We’re seeing that there are a number of newer technologies becoming more and more popular over and above the usual technology stacks one comes across. Due to the proliferation of open source libraries and coding sites like GitHub, it’s now...