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Tag: SMEs

SA ecommerce soars, but logistics gridlock threatens growth: Bob Go reports 30% revenue surge as smart shipping becomes a survival tool for SMEs

SA ecommerce soars, but logistics gridlock threatens growth: Bob Go reports 30% revenue surge as smart shipping becomes a survival tool for SMEs

South Africa's ecommerce sector is booming, with total revenue projected to top R110 billion this year and more than 40 million consumers now shopping online, according to Statista's 2025 Ecommerce Outlook. But as thousands of new online sellers enter the market, the question is no longer how to grow; it's how to cope. One of…

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ACCESS TO BUSINESS FUNDING IS KEY TO GROWING YOUR RETAIL BUSINESS

ACCESS TO BUSINESS FUNDING IS KEY TO GROWING YOUR RETAIL BUSINESS

In the current climate, small and medium-sized retailers need to ensure they have the right tools and capabilities in place to not only attract new customers but to then provide an outstanding experience.   Intelligently leveraging business funding to invest in these resources can be the difference between competing effectively in a crowded and increasingly pressurised…

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SMES OF TOMORROW - TIPS TO DRIVE GROWTH IN 2022

SMES OF TOMORROW – TIPS TO DRIVE GROWTH IN 2022

Employing over half the workforce, driving significant growth in the private sector, and representing some 98% of all businesses, SMEs are the lifeblood of the South African economy. Experts speculate that Digital Transformation, COVID-19 awareness, shifting supply-chain trends, and operational optimisations, are among the key areas where SMEs can drive improvements, and thrive in 2022.…

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FIVE WAYS SMES CAN GEAR UP FOR A SUCCESSFUL BLACK FRIDAY

FIVE WAYS SMES CAN GEAR UP FOR A SUCCESSFUL BLACK FRIDAY

As South African businesses continue to face significant economic uncertainty, SMEs should consider how to improve their competitiveness and relevance during seasonal sales periods such as Black Friday on 26 November. According to Statistics South Africa, South African retail sales fell 4% year-on-year in 2020, indicating a contraction in Black Friday sales for last year.…

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