Tag: market share
ISO 14001 certification – building sustainability through EMS
ISO 14001, an internationally recognised Environmental Management System (EMS), provides businesses with a structured framework to manage environmental impact. It helps organisations pursue sustainability and operational excellence effectively.
SA retail innovation reveals optimism
Sometimes, it takes an outsider to allow South Africans to recognise that SA retail innovation is positive in their own country.
Bioplastics in Africa – a green revolution
Every aspect of our everyday lives involves the use of plastic in one form or another. From electronics to water bottles and cars to children’s toys, there seems to be an insatiable demand for products crafted from fossil fuel-based material. This results in immense environmental strain as landfills spill over into the natural environments and oceans, leaving traces of plastic in our soil and water sources.
How retailers can capitalise on the cold season
Conventional wisdom is that winter is one of the weakest periods for retail trading in South Africa. However, a big data analysis we commissioned shows that retail sales tend to pick up in winter after the quiet autumn months.
Leveraging learnerships for lasting impact
Companies sponsoring learnerships are looking beyond profit towards a better future. Business success is not only about profit margins and market share - it is also about positively impacting society and contributing to the growth of future leaders.
Companies are urged to become compliant or face higher penalties
From 1 March 2024, latecomers to the Consumer Goods and Services Ombud scheme will face a five per cent increase on the late joiner’s fee imposed by the Board in March 2022. The fee is based on a percentage of the annual participation fee, which in turn is based on turnover (see table below).
It is all in the strategy
Strategy is layered with great complexity, yet it needs to communicate the plan of action in the simplest form possible to drive the profitability of the brand or business. The world is full of great examples when it comes to strategy.
Online retail showing its age
A blueprint is emerging for online retailers in South Africa. Ahead of Amazon entering the local market, setting up a titanic battle for customers with market leader Takealot, a new study shows that there is not only room for new entrants, but also opportunity for growth for incumbents.
The delicate balancing act of SA interest rate increases
For banks, disruption has become business as usual. Besides the ever-changing customer expectations, banks are under pressure to defend their market share against increased competition and the digitisation of the financial services landscape by neo-banks and FinTechs.
What SMEs can learn from Amazon’s imminent disruption of SA’s marketplace
Leaked documents detailing the forthcoming launch of ‘Project Fela’ – a new marketplace with its own membership programme owned by Amazon – has prompted much industry speculation and debate around the role that competition plays in sector development.