Most sectors were affected by the COVID-19 pandemic. However, the online food and essential delivery industry has been growing which indicates the resilience and flexibility of this sector. The e-commerce market in South Africa was valued at $4,5 billion and it is estimated that by 2027, the local e-commerce market will reach a value of $7,9 billion.
Furthermore, research conducted by the South African Digital Customer Experience Report 2021 indicated that high shipping costs and unsatisfactory delivery options are the two primary contributors to a brand losing a sale at a virtual checkout.
Given the above, it is evident that technological innovation is one of the key drivers of growth for the online food and essential delivery industry. It is important that startups not only focus on the technological development of their platforms, however, they need to focus on the user experience of it.
With the rise of online food and essential delivery platforms, it is important that startups become disruptive in addressing the current market needs in order for them to be successful. This Startup Huddle will aim to:
1. Create awareness of the challenges that On-demand Service Apps face in South Africa
2. Share mistakes made by startups when creating their On-demand services platforms
3. Sectors that are booming and ready for disruption in the on-demand services market
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About Startup Huddle Johannesburg
The Startup Huddle event provides a platform for entrepreneurs to discover solutions to the challenges they face through purposeful engagement with a broad array of voices from the local community, who can also share their experiences.
Startups are given context about the topic at hand, which includes tools, tricks and techniques from experts. This can take up to 10min. Thereafter, they will be given 2-3 minutes to tell us about some of the challenges they have encountered in their business venture. Participants then get into small groups where they Huddle for a 10-minute -interactive activity. Each group selects a team member or two to share what they discussed. The Huddle will close off having equipped the techies with practical and value-add experience they can use in their startup journey.
The African Bank SMME Capacity Building Programme is a comprehensive initiative designed to enhance the capabilities and competitiveness of small businesses across various industries. This programme aims to address the unique challenges faced by SMMEs and empower them to contribute significantly to economic growth and job creation.
Date : 12 Sept 2024
Time : 08:00 am
Location : 22 on Sloane, Bryanston, Sandton, Gauteng, South Africa, 2191
The African Bank SMME Capacity Building Programme is a comprehensive initiative designed to enhance the capabilities and competitiveness of small businesses across various industries. This programme aims to address the unique challenges faced by SMMEs and empower them to contribute significantly to economic growth and job creation.
Date : 8 Aug 2024
Time : 08:00 am
Location : 22 on Sloane, Bryanston, Sandton, Gauteng, South Africa, 2191