Secure online payment methods, accessibility of internet connectivity, technological advancements competitive prices, and the ever-increasing need for convenience in today's fast paced life-style are just some of factors contributing to the development of the online retailing industry in South Africa.
Although the South African online retailing industry has reached major milestones in terms of the industry's initial development, there is still a long way to go until it sees significant increases in adoption and usage rates of online retailing. According to Euromonitor International, a researcher for consumer markets, South Africa online retail sales only amount to 0.9% of total retail sales in comparison to other countries such as Brazil at 11%, China at 10.7% and Russia at 4.2%.
Considerable headway in the online retailing industry will still take time. Many aspects hinder the development of the industry. In order for online retailing to gain momentum basic requirement would need to be put in place, requirements such as higher internet penetration rate, increased credit-card usage, faster and more affordable internet connectivity and also improved delivery services infrastructure.
A panel of industry thought leaders, whose presentations will highlight major issues facing the industry, will lead the conference. Themes that will be addressed include the overview of online retailing in South Africa, innovation and technological developments, marketing and online retailing as well a as governance and compliance issues that affect the industry.
Gain valuable insights from key industry leaders such as:
Costs for the two-day conference are R7600 + VAT per person. To register, go to www.tci-sa.co.za/brochures/online_retail_small_3.pdf.