How big is the eCommerce industry in South Africa?
The eCommerce market in South Africa. In South Africa is the 37th largest market for eCommerce with a revenue of US$4 billion in 2020, placing it ahead of Malaysia and behind Czech Republic. With an increase of 24%, the South African eCommerce market contributed to the worldwide growth rate of 26% in 2020.
Is online shopping popular in South Africa?
Online shopping is growing fast in South Africa, with sales expected to reach R225 billion within five years. E-commerce only accounts for 2% of South Africa’s total retail spend.
How eCommerce is growing in the South African market?
South African ecommerce is booming, following a 50% rise in online spending compared to the previous year. In comparison to European markets, South Africa’s ecommerce industry is still in its infancy with only a quarter of spending through digital channels.
What percentage of South Africa has Internet access?
There were 38.19 million internet users in South Africa in January 2021. The number of internet users in South Africa increased by 1.7 million (+4.5%) between 2020 and 2021. Internet penetration in South Africa stood at 64.0% in January 2021.
Is Shopify in South Africa?
Start, grow and manage your business with the most popular ecommerce platform in the world. Over one million merchants across the globe, including South Africa, are using Shopify to sell their products and services online.
How big is the online market?
In 2020, over two billion people purchased goods or services online, and during the same year, e-retail sales surpassed 4.2 trillion U.S. dollars worldwide.
What are people buying the most in South Africa?
According to Bizcommunity, the three most popular online shopping categories for South African consumers were clothing/apparel (53%), entertainment/education (digital/downloadable) (51%), and event tickets (51%). So it is no wonder Superbalist and Computicket do so well.
How often do South Africans shop online?
This statistic presents the online shopping frequency of internet users in South Africa as of August 2017. During the survey period, six percent of respondents stated they purchased goods online at least once a week, while 44 percent said they shopped online less than once in every three months.
What is the most common payment method of online shoppers in South Africa?
E-Commerce & Retail | South Africa
Take a glance the most used online payment method by South African online shoppers: Credit cards are ranked as the most used online payment method with at a rate of 45%. Debit cards are ranked as the second most used online payment method at a rate of 21 %.
Does WooCommerce work in South Africa?
WooCommerce can now say, with great pride, that we are the first eCommerce platform in South Africa where you can get started selling today in South African Rands for FREE. … Tell us about your South African-based eCommerce website or your experience with PayFast.
Who are Takealot competitors?
Takealot’s top competitors include Cello, Patch, 4D Shopping and Harper Wilde. Takealot is a leading South African online retailer, voted one of South Africa’s favorite online stores.
Why is eCommerce growing?
By Q2 2020, widespread store closures and consumer anxiety over being in public spaces during a global pandemic caused a huge surge in ecommerce demand, and online sales soared a record-breaking 43.7% year over year. The 39.0% growth in Q1 2021 is the second-highest pandemic period increase behind that Q2 2020 peak.
Which social media is most popular in South Africa?
WhatsApp is the most popular social media in South Africa. As of the third quarter of 2020, some 93 percent of internet users in the country used the messaging app. YouTube and Facebook followed closely, with a penetration rate of 92 percent and 87 percent, respectively.
What is wrong with South African Internet?
Internet problems in South Africa were caused by massive undersea mudslide. Simultaneous breaks in two critical undersea cables that connect South Africa to the Internet were likely caused by a massive mudslide that originated at the mouth of the Congo River, new research has found.
Which country has the highest Internet usage in Africa?
As of December 2020, Nigeria had more than 154 million internet users – the highest number reported in all of Africa.