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As ecommerce surges globally, online marketplaces are finding exciting and innovative ways to approach the decentralised nature of the trading space.
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Since Amazon.co.za officially went live in South Africa earlier this year, the question everyone has is, "Can homegrown ecommerce businesses compete against global juggernauts?"
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Amazon’s expansion into South Africa marks the beginning of a new era for both local and international businesses, introducing much-needed competition to the local ecommerce landscape.
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Africa’s high mobile penetration rates as well as its young population have contributed to the continent’s positive response to digital marketplaces and on-demand services.
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It comes as no surprise that online marketplaces are thriving amid the ecommerce boom.
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The omnipresence of Temu has left consumers wondering if there is anywhere this retail giant can't reach. Why does it feel like everytime you Google a product only Temu pops up?
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Despite being at a nascent stage, Amazon’s imminent arrival in the local ecommerce space will "definitely" foster competition in SA’s burgeoning online retail market.
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Registration is now open for South African sellers to jump on board the Amazon saleswagon as it prepares to take on Takealot.
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Ecommerce is the marketplace of the future and if you haven’t already taken advantage of selling your products online you might be missing out on a world of revenue opportunities.
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The latest Takealot Competition Commission ruling seems unlikely to affect Amazon's long-term African expansion plans.
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