Shop online – No queues

Durban – As the holiday shopping frenzy gets under way, many tech-savvy consumers have opted to go online, giving long queues, Christmas jingles and crowded shopping malls a miss.

Technical expert and managing director of World Wide Worx, Arthur Goldstuck, said it was expected that online retail would yield R20 billion turnover this year – and 20 percent of this was generated during the festive season alone.

Goldstuck said there had been a steady increase in the number of South Africans buying online while cellphone transactions were also taking off. “Consumers are expected to spend about R9 billion this festive period alone – between mid-November and the end of December,” he said.

Online purchases were being made across various product categories but consumers tended to go for “hot products” which included electronics and toys, Goldstuck said.

Gary Hadfield, chief executive for one of the most popular online retailers, Loot.co.za, said it had experienced a significant increase in sales since the bargain hunting on Black Friday.

Source: www.iol.co.za Bulelwa Payi

Last modified onThursday, 25 May 2017 17:18

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