Three e-commerce businesses you can start in South Africa with a Klasha Business Account
South Africa’s e-commerce sector is growing more rapidly than ever before. This growth was primarily due to restrictions placed on traditional stores at the start of the COVID-19 pandemic, which saw e-commerce grow by 66% in 2020.
This growth sprout is projected to continue in the coming years. South Africa’s e-commerce is expected to show an annual growth rate of 17.81%, resulting in a projected market volume of $13.83 billion by 2025, according to Statista.com.
This projected market value shows that now is the right time to tap into the country’s e-commerce as more people are interested in buying products conveniently online.
Selling to and from South Africa can be seamlessly accomplished with Klasha Business, our receivable and payable business solution for business owners selling to and from Africa. If you’re interested in making money online in South Africa but don’t know how to start, here are three e-commerce businesses you can start with a Klasha Business Account:
Subscription boxes and hampers
Selling boxes or hampers of well-thought items is an online business idea that will bring in profits.
Most people want to give their loved ones carefully selected gifts but do not have the time or resources to do it. This is where you come in. In South Africa, boxes filled with skincare, food, cookies, goodies, or other merchandise are a good e-commerce business to start. If you own a website, your customers can make payments with Klasha Payment Links or via KlashaCheckout.
Plus, you don’t need to own the products too. Additionally, you could select various products from different brands that work well together, package them beautifully, and send them off.
There is a second-hand revolution for sustainable fashion at a low price. If you can get thrift items at an affordable rate, you can sell them online and make almost 100% profit. People want cool vintage wear but are unwilling to pay an arm and a leg for it. If you know how to source for the right suppliers, you can make a name for yourself as an online thrift store owner.
Online personal trainer
Young people in South Africa are exercise conscious due to common health complications accompanying obesity. People rely on personal trainers and coaches to keep them fit. If you're a fitness expert, this can be a money-making venture.
You can get certified online as a personal coach or trainer before you start your business and have people make a one-off or subscription-based payments with your unique Klasha Payment Links.
With the growth of online retail in South Africa, you can sell in and from the country with the features of Klasha Business, our unified payment solution:
KlashaWire is the payable feature of the Klasha Business Account, which helps merchants wire money overseas. As a business owner, you can send money to your business partners and suppliers in the UK, USA, and over 120 countries in local African currencies. The recipient will get the money in G20 currencies or their domicile currency.
Klasha Payment Links is for merchants without a website or e-commerce store. You can easily customise a payment link and share it with your customers on Instagram, WhatsApp, or any other channel.
KlashaCheckout is a highly responsive checkout that is perfect for e-commerce platforms and gives customers a localised payment experience. Once integrated into any app or website, customers can make payments in African currencies and money methods while the merchants can payout in any currency of their choice.