28 Jan 2013

Retail South Africa

 

Interest in plastic payments trending

Homeowners can once again rest easy for another two months, as the MPC last week decided to keep the repo rate unchanged at 5%, therefore keeping interest rate at 8.5%. This bodes well for market confidence, says Andrew Golding of Pam Golding Property.

A survey from Visa last week shows that debit cards are threatening to overthrow cash as king, as more people opt to pay for their everyday purchases with plastic. In another survey, total credit card spend hit over R116 billion in December. Despite this eye-watering amount, BankservAfrica has registered this as one of the slowest increases in card transactions in the last few years.

As January starts drawing to a close (and we look ahead to the month of lurve), so too does the 2013 Bizcommunity trend series. So make sure you're on point for the rest of the year and check out our 2013 trends here.


Shan Radcliffe, Group Head - Retail

PS. Responses to this column welcomed in our online ed's column archive. Send all your retail news to retailnews@bizcommunity.com, exclusive opinion pieces to contributors-retail@bizcommunity.com and international news to internationalnews@bizcommunity.com; also take a look at our guide "How to contribute to Bizcommunity, from op-ed pieces to news". Don't forget to follow @Biz_Retail on Twitter and join us on Facebook!



Top stories


Editorial news

Biz Takeouts Radio Show & Podcasts

[Biz Takeouts Podcast] 50: Mobile in South Africa and Africa with Google
Find out more about the current trends in mobile search and mobile marketing for businesses in South Africa and Africa by listening to the podcast of last week's Biz Takeouts Marketing & Media radio show, which airs every Thursday from 5-6pm streamed live via 2oceansVibe Radio. [twitterfall] Read more >>


Retail Trends

[2013 trends] Malls set to 'mobilise' consumers like never before
[Doug Mayne] All early indicators seem to confirm that December 2012 was a relatively good year for the mall environment. Certainly not a 'shoot the lights out' result but stable, single digit growth nonetheless. The point now is what 2013 holds in store for us. Here are a few key trends which I think are relevant... Read more >>

[2013 trends] How to metamorphasise mobile marketing this year
[Kevin Bassett] "Content, context and customer proclivity" will be the mantra that drives this year's marketing metamorphosis in the arena of mobile technology. I believe that we will see a year of repositioning - of un-automate, de-campaign and game-play - but also of tighten, regulate and measure. In short, 2013 will see the 'mobile moth' turn into a butterfly. Read more >>

[2013 trends] It's not trends that matter; it's the traits marketers need!
[Thomas Oosthuizen] I like the number 13. Like with most other things, it is what we do with it that matters. Great companies never use the excuse of prevailing trends as a reason for them not to perform. They just leverage the circumstances better than their rivals. So, while economists will contemplate economic and social conditions in 2013, it is what we as marketers do that matters. Read more >>

[2013 trends] Tracking and training
[Chamendran Naidoo] As we gaily simulate horse-riding while singing in Korean, the eyes of judgment fall upon us for clinging to the relics of yesteryear. Don't allow yourself to get caught doing last years' exercises or wearing scrubs that are "Soooo 2012", oh my readers. This year, you're going to be ahead of the curve and I'm going to help you do just that. Presenting the health trends of 2013... Read more >>

[2013 trends] Looking ahead at retail, shopper marketing in SA
[Bernard Matlhaga] The following are my thoughts on trends that will emerge in the retail and shopper marketing space in South Africa. Read more >>

[2013 trends] Media and advertising regulation in 2013
[Gail Schimmel] So here we are in 2013 - the Mayan trend predictions for 2012 having spectacularly failed to materialise, leaving some of us with hangovers and debt that we had secretly hoped would be wiped clean in a Mayan-flavoured apocalypse. Now is the time for us to look into our crystal balls, and see if we can get our predictions for media and advertising regulation a bit more spot-on than the poor Mayans did. Read more >>

[2013 trends] Predictions for the retail sector
[Gareth Pearson] A transformation is in motion amongst shoppers and retailers country-wide. Consumers are becoming more discerning and demanding, and retailers and manufacturers are under pressure to innovate, offer quality and savings - all in one eco-friendly package! Here are some interesting trends for the retail sector that I've identified for 2013. Read more >>

[2013 trends] Mobile money to give SoLoMo a kick in the pants?
[Vanessa Clark] SoLoMo: the glorious intersection of social, location and mobile that was going to superpower hyperlocal search and prove to be the holy grail, allowing retailers and other businesses to attract an army of smartphone-wielding customers. Pretty exciting stuff, especially during an economic downturn, right? In my opinion, quite the contrary. Read more >>

[2013 trends] 'Goodvertising' - the key to brand leadership
[Thomas Kolster] There's a transformational shift happening and it's picking up pace in the New Year. Business and its far-reaching (some might say overreaching) arm, advertising, are becoming more responsible, more caring and more sustainable. Read more >>

[2013 trends] Targeted direct marketing to come into its own
[Warren Moss] The year ahead is unlikely to see any fantastical new developments in direct marketing; in fact, it's more likely to be characterised by the maturing of existing technologies and a return to more traditional practices. Read more >>


Banking & Finance

Credit card spending R116bn in Dec: BankservAfrica
[Helmo Preuss] The total spending via credit cards in December was estimated to have been over R116 billion‚ BankservAfrica said on Thursday, 24 January 2013. Read more >>

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Continued repo rate bodes well for market confidence
Commenting on the decision by the Monetary Policy Committee to keep the repo rate unchanged at 5%, Dr Andrew Golding, CE of the Pam Golding Property group comments, "General market sentiment at the start of 2013 has improved, translating into an air of increased confidence in the residential property market, which is generating increasing enquiries from serious buyers." Read more >>

Repo rate remains unchanged at 5%
The Reserve Bank's Monetary Policy Committee (MPC) has kept the repo rate unchanged at 5% in line with market expectations. Read more >>


Brand News


Commercial Property

Arrowhead acquires Indite Property for R178m
JSE-listed property company Arrowhead Properties (AWA) is to acquire Indite Property Fund - a 100% black owned and black managed property fund - for R178 million‚ the company said on Wednesday, 23 January 2013. Read more >>

London still prime investment for South African property buyers
London's world-class status as a global brand assures the longevity of its prime located, central residential property not only from an international perspective but also for South African investors, says Dr Andrew Golding, CE of the Pam Golding Property group. Read more >>


Corporate Social Investment


e-Commerce

T-commerce could be next profitable sector
The potential value of what is dubbed t-commerce, that is browser-based tablet commerce, has not yet been fully explored, despite research illustrating the significant profitability potential of this segment. Read more >>


Exhibitions & Events

Africa's payments, banking and retail show
[Issued by Terrapinn] Following the success of the 2012 event, Africa's payments, banking and retail show is ready to go again! Four seminars covering retail innovation, banking innovation and new payment solutions and data security will allow the visitor to come away with great content and ideas for their business. Read more >>

Retail experts discuss growth and innovation for Africa
[Issued by Terrapinn Limited] Retail World Africa 2013 brings together innovative game changers that have managed to build successful brands and secure their position at the forefront of the industry. Join us as Stand Vecera, Vice President for South and East Africa at Proctor & Gamble, shares his knowledge and experience of branding in emerging markets. Read more >>

UK speaker to address first supply chain, logistics management programme
The Gordon Institute of Business Science (GIBS), Imperial Logistics and Transnet will host the first the conference for the 2013 supply chain and logistics management programme on 6 February 2013 at GIBS. The key speaker will be UK-based John Elkington, described as one of the world's leading authorities on corporate responsibility and sustainable development. Read more >>


FMCG

Lower alcohol wine mirrors international trends
The South African Wine Industry Information & Systems (SAWIS) says that the wine industry is showing an upward trend, especially so over the last year, when a stronger rand saw more bottled wine entering the domestic market. A growth in bottled wine consumption in South Africa was seen across all ranges, although there was definitely a stronger interest in more affordable wines. "Health is always important in the alcohol industry, so wines with lower calorie and alcohol content are definitely coming to the fore, which is in line with international trends." Read more >>


Health & Safety


Hospitality

Food and beverages income up 9.1% y/y in Nov
The total income generated by the food and beverages industry in SA increased by 9.1% in November last year compared with November 2011‚ data from Statistics SA (Stats SA) showed on Monday, 21 January 2013. Read more >>


Manufacturing

Make and market stuff that matters
[Anton Ressel] By 2050, it is estimated that the earth's human population will be 9.07 billion. 62% of the people will live in Africa, Southern Asia and Eastern Asia - numerically this is the same as if all the world's current population lived in just these three regions. In addition, another 3 billion will be spread across the rest of the world. Read more >>

Is your product development a cash cow or a crutch?
[Anton Ressel] As a business consultant with a special focus on the craft and small scale manufacturing sectors, I have come to recognise a number of shared traits amongst entrepreneurs and business owners engaged in the design and manufacture of products. Read more >>


Research

Debit card usage increases in SA - survey
According to the Visa's Global Payments Tracker Survey 2012, released this week, South African debit card usage is steadily increasing with a 41% ownership amongst respondents. This signals a shift in the 'cash is king' mind-set that is typical of emerging markets. Read more >>

Coffee culture grows in South Africa
Sales of coffee, both locally and overseas, are continuing on an upward trend. World coffee exports amounted to 9.21 million bags in November 2012, compared with 7.88 million in November 2011 and in South Africa, consumers are increasingly prepared to try out new and more sophisticated options. Read more >>

Chewing gum sustaining growth in SA gum market
[Issued by Analytix BI] The Living Standard Measure profile of chewing gum versus bubble gum brands are notably different, however, it is the growth in the number of chewing gum rather than bubble gum consumers that is sustaining the SA gum market, according to the latest report released by Analytix BI, "South Africa Brand Report: Consumers of Chewing Gum/Bubble Gum". Read more >>  visit press office >>


Retail Marketing

Start your own story with Cadbury P.S. this Valentine's Day
[Issued by Kraft Foods South Africa] Nothing says "I love you" or "you're special" quite like a Cadbury P.S. chocolate bar. This Valentine's Day take the opportunity to spark and strengthen the bond with a simple act of love, and also stand the chance to start your own story in the latest Cadbury P.S. promotion. Read more >>  visit press office >>


Retailers

How shopping centres can remain relevant in 2013
[Honoré Gasa, Issued by Yellowwood Future Architects] Once the recession started to recede, many struggling shopping centres expected consumer spending to pick up. This didn't happen - instead, a new shopping context has emerged in SA with many recessionary shopping patterns having become habitual. Read more >>  visit press office >>


Shipping & Transport


Technology


International
Anonymous briefly disables US government site
WASHINGTON, USA: Hacker group Anonymous said it disabled the US Sentencing Commission's website over the weekend in revenge for the death of Internet freedom activist Aaron Swartz. Read more >>

Informa analyst comments on Nokia's results
LONDON, UK: David McQueen, principal analyst at Informa Telecoms & Media, comments on Nokia's financial results. Read more >>

iPhone sales fly in US but Android rules the world
SAN FRANCISCO, USA: Apple's iPhone remained the most popular smartphone among US buyers in the closing months of 2012 while Android handsets were on top worldwide, Kantar Worldpanel ComTech reported on Tuesday (21 January). Read more >>

Cybercrimes rise but Internet speeds fall
WASHINGTON, USA: Global Internet connection speeds around the world slowed in late 2012, according to a survey released on Wednesday (22 January) that suggested a temporary stall in broadband gains. Read more >>

Firefox smartphone from Mozilla
SAN FRANCISCO, USA: The Mozilla Foundation on Tuesday (22 January) unveiled two preview smartphones as it invited developers to try its new open-source mobile operating system that it hopes will challenge Apple's iOS and Google's Android. Read more >>

Beer sales boosted for SABMiller
SABMiller said on Tuesday (22 January) that lager volumes for the third quarter were 2% higher than those of the previous year while soft drinks volumes had risen by 3%. Read more >>

More International...


Partners
The business of corporate social responsibility
Ever since the dawn of the industrial age, debate has raged over whether or not companies carry a responsibility solely to make profit, or whether they have a responsibility to the society from which they generate a profit. As a company in the gaming industry, Tsogo Sun is mandated by our bid commitments to give back to society and the communities in which we operate, but I believe there is much to be said for 'doing good while doing good business', writes Noëleen Bruton*. Read more >>


Government
Presidency disappointed at FNB adverts
The Presidency says it is "disappointed and surprised" by the one-sided First National Bank campaign. Read more >>

Airlines object to Fastjet's bid for 1time
[Nicky Smith] Almost all of SA's large airlines are formally objecting to the threat posed by UK-based Fastjet's attempts to enter the local market by taking over the operations of 1time Airline‚ which is in provisional liquidation‚ Business Day reports. Read more >>

SA will not create 5m new jobs says Mkhize
[Sam Mkokel] The government's target of creating 5m jobs by 2020 is unlikely to be met because of a range of factors including labour unrest and the strained relationship between the state and big business‚ says Economic Development Deputy Minister Hlengiwe Mkhize. Read more >>

Send your budget tips to the minister
Finance Minister Pravin Gordhan has invited the public to submit their tips on what they would like to see in the National Budget, which he will table next month. Read more >>

ECC to consider inputs on farmworkers' wages
The Employment Conditions Commission (ECC) will on Thursday meet to consider inputs collected from the nationwide public hearings on farmworkers' wages. Read more >>

Eskom tariff hikes will hurt small businesses
Small businesses cannot afford spiralling electricity increases from Eskom and municipalities, Free State commercial property owner Wim Boshoff said on Monday (21 January). Read more >>

More Government news...


Motoring
Four things to consider before applying for a car loan with bad credit
[Joy M] Applying for a car loan while confronting your bad credit history seems an unlikely financial mix. However, prevailing market condition, along with careful review of credit history and financial options make the task not only easier but also highly possible. Read more >>

CAR sees 'that' ad, and does their ad
All revved up and ready to go, CAR decided that what with bank advertising campaigns being top of mind around now, and the ANC blowing their top, what better time to show that when the magazine advertises (on radio this time), it does so on all cylinders... Read more >>

Revamped Europcar website offers launch specials
Europcar is offering a host of promotions on its car rentals and chauffeur service in conjunction with the relaunch of its website. The site now offers a quicker and more streamlined booking process in three simple steps, ensuring stress free and simplified car rental. Read more >>

Amarok becomes the automatic choice
[Henrie Geyser: motoring editor] Volkswagen's impressive Amarok bakkie has steadily been silencing the pessimistic noises from the doomsday prophets and the blue-bearded 4x4 'manne' who initially scathingly predicted all sorts of performance failures and possibly even the early demise of this classy German 2-litre, twin-turbo one-ton bakkie. Read more >>

More Motoring news...


Travel
Franschhoek by tram
One of South Africa's leading wine producing regions, as well as one of the country's premier culinary destinations, the Franschhoek Wine Valley, has once again every reason to raise a glass with the launch of the Franschhoek Wine Tram, a new and unique way to experience this picturesque wine valley. Read more >>

Cruising the Med: MSC announces summer cruises changes
The beautiful city of Dubrovnik in Croatia has been added to MSC Fantasia's 8-day/7-night summer cruise, further enhancing a voyage of discovery that will take MSC travellers into the very heart of ancient Greece and some of the most beautiful destinations in the eastern Mediterranean. Read more >>

Mapungubwe floods: Latest news
The recent heavy rains experienced in most parts of the country have resulted in the sudden temporary closure of the Mapungubwe National Park and World Heritage (MNP& WH) site. The park is inaccessible from Musina as roads leading to the area are washed away. Read more >>

More Travel news...


BizLounge
Madame Zingara's Miracle Tour
[Eugene Yiga] Madame Zingara's Theatre of Dreams has been delighting South African audiences for the last several years. Now, after a year of sold-out performances, the travelling dinner cirque extravaganza is back in Cape Town for the farewell Miracle Tour. Celebrating the miracle of life and the magical journey we're all on, this unforgettable experience is a feast in every sense of the word. Read more >>

More BizLounge news...


Jobs offered
National Visual Merchandiser - Cape Town
Fossil Stores offers a unique opportunity for a visual merchandiser to take ownership and develop with this global brand. Read more >>

Visual Merchandisers - Johannesburg
Visual merchandisers required in Gauteng for leading global fashion watch and jewellery brands. Join this dynamic team and be part of thee global brands. Read more >>


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New events to diarise

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Quotes
"A little nonsense now and then is relished by the wisest men. (via Think Exist)" - Roald Dahl
"Life is not a problem to be solved, but a reality to be experienced. (via good reads)" - Søren Kierkegaard
"Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful. (via trainleaders)" - Herman Cain
"No great mind has ever existed without a touch of madness. (via good reads)" - Aristotle
"Everything bows to success, even grammar. (via suite101)" - Victor Hugo


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