💻💰Diversifying through online sales can help small businesses thrive 📈 With rising costs and limited consumer spending, adapting and finding new income streams is crucial. Inflation BusinessAdvice 🛒 TheCitizenBusiness Find out more⬇️
Not only more customers, more revenue too
“An online offering can also assist companies in reaching and engaging more customers, particularly with 50% of South African consumers currently shopping online. This figure is predicted to grow to 60% by 2027. To further widen the pool of potential customers, a number of small businesses are partnering with established e-tailers to tap into their databases and social media followers.”
“With inflation affecting consumers and their buying power, perhaps one of the most useful benefits of e-commerce is the ability to keep a constant eye on customers’ buying habits and interests. This includes which products are the most popular, the times when people buy the most and what kinds of discounts and deals motivate their purchases.”
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