DIY and Industrial Trade News - June 2020

Page 12

12

FEATURE eCOMMERCE

Adapting to the ‘new normal’ - eCommerce 101

eCommerce all over the world has been sighted as one of the fastest growing sectors, and in South Africa, this is also the case. With the dawn of a new Covid-19 world, with social distancing and working from home realities, eCommerce’s growth has seen a monumental shift.

N

o longer can any business afford to not have a digital selling component or customer interaction to their business. The hardware industry has

seen an update in the eCommerce space in the last few years, with a growing number of eCommerce platforms appearing from various franchise groups and suppliers/wholesalers. There has never been a better time to get onboard with eCommerce. DIY Trade News spoke with retailers and suppliers in the industry to hear their questions on eCommerce. Alichia Mentz, marketing and eCommerce manager at Agrinet, and Kevin Clark, managing director at Vaimo, answer them. Agrinet launched its first B2B eCommerce store back in 1995 but reinvented its offering after moving across to a world-class platform in 2018. The new platform, developed in partnership with Vaimo, won the Marketing Achievement Award for B2B Brand Excellence in 2019 which is awarded based on effectiveness, strategy and impact on the overall business.

discovery to delivery.

as strong a safeguard for your market as it once was.

Behind this buying process sits the real muscle of

This leads to the next point, expansion. With digital

eCommerce – the evolution of day-to-day business

expansion and reach into new markets is quicker and

Vaimo is one of the world’s most respected experts

processes, automation, integrations, logistics and the

not limited to the neighbourhood of your brick and

in digital commerce on the Magento and Adobe

pursuit of data quality (customer, product and order data).

mortar store or factory. Scaling online happens faster, which helps with product launches, promotions etc.

Commerce Cloud platform globally. Locally this team has been an integral part in some of the largest

Why does my brick and mortar business need to

eCommerce stores and also industry related stores

move online when it has been doing well up to now?

What are the advantages of e-commerce over my

for Agrinet, Leroy Merlin, BUCO and Chamberlains.

In short, futureproofing. Consumer’s behaviours are

brick and mortar store?

changing and many have already changed. In South

E-commerce allows for a shopping channel available to

What is e-commerce?

Africa consumers are becoming more and more

your consumers 24 hours a day, 365 days of the year.

eCommerce has quickly evolved over the past few years

comfortable with buying online, but we also know that

Your online store does not take vacations, call in sick or

to be much more than a single online channel or online

many consumers use eCommerce primarily to do

take family responsibility leave. It is a sales channel that

store. At Vaimo the preferred term is Digital Commerce

online research, compare products and prices from the

is always on, which if managed by Vaimo, is constantly on

over e-commerce. Similar to modern commerce solutions,

convenience of their own homes. This type of considered

and attracting more customers and by extension ROI.

digital commerce is not bound to a strict single channel

buying behaviour will be even more prevalent in the

Your eCommerce store is not limited to floor or shelf

environment but encompasses and brings together

current pandemic reality, where cash-strapped and

space, which allows you to sell comprehensive ranges,

multiple channels of customer interaction.

uncertain consumers will be hyper cautious about how

even if they are not in stock. This creates value to

they spend their hard-earned money.

end-users and is also a reason why mega platform like

Think about your daily life and how digital interactions, or what is also referred to as touchpoints,

In the US it is estimated that 12 000 retail stores will

Takealot do so well.

are now interwoven seamlessly into your routine at

close in 2020 due to consumer behaviour shifting to

home and at work, bringing instant satisfaction and

an eCommerce buying preference. Having an online

platform, with the same number of support staff, can

never-before-seen convenience. Digital commerce

presence and information readily available also boosts

exponentially increase your turnover, unlike a brick and

seeks to reach the consumer at as many of these

confidence in your brand.

mortar store, which needs to expand in terms of floor

touchpoints as possible (think social media, email,

The competitor field is changing, not only are direct

Scalability is much easier to do online. One

space, staff compliments, etc.

browsers etc) guide the consumer through a great

competitors moving online, indirect competitors are

customer journey, which will ultimately convert into

growing and eating market share such as gigantic

large range in a more user-friendly way for buyers. It is

sales. eCommerce seeks to own the user journey and

platforms such as Takealot, online-only retailers or niche

easier to find, compare and select product ranges with

create the best possible customer experience from

online stores. Geographical boundaries are also no longer

the powerful buying tools online.

JUNE 2020 DIY & INDUSTRIAL TRADE NEWS

Agrinet eCommerce has helped them showcase their


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
DIY and Industrial Trade News - June 2020 by New Media B2B - Issuu