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An independent study, held by one of the largest retail groups, show that retail conducted online accounts for only 0.5% of the total retail sales in South Africa. When this is compared to figures of other European and Asian countries, these statistics can jump up to 10% of total retail sales.
Not only does this show the potential of the online market but also dictates as to where the Southern African market will be in the future as innovation, secure payment methods and an online retail culture develop. Furthermore, studies suggest that 80% of online retailers are profitable with a mere 1% of business running a loss online.
Delegates who will benefit from attending include representatives from online retailers, traditional retailers and service providers dealing with web designing/hosting, content management, internet security and online payments.
For more information, call TCI on +27 (0) 11 803 0009 or email az.oc.as-ict@ofni.