Retail Trends Kenya

03/02/2022

The most important thing you can ever do as a business person is to ardently collect debts.

Bad debts distress your cash flow and cash is the life line of your business.

Therefore anyone that's tries to mess your cash flow is enemy NUMERO UNO.

So, before you begin a transaction always have the end in mind.

For instance, ask yourself, will this transaction end successfully? Will this customer pay me? If not, is there a point to this transaction?

Weigh all the options and make the right decision for your cash flow.

Always remember: It's never a sale until you have the cash (in hand and bank). A cheque doesn't count because it can bounce.

Ring fence your transactions to ensure you gain without losing. It's possible.

Also, avoid taking on unmanageable debts. Preserve, preserve, preserve your cash flow.

You can put your funds in an interest earning investment like a fixed deposit, money market or valid Sacco.

But always carry out your own intense research on authentic low risk interest earning opportunities. Don't follow the crowd.

Good luck and welcome to Retail Trends!

11/08/2021

Everyone, at some point is trying to sell something online in the most effective way possible.

It's not always easy especially if you don't know where to start or how to position your products or services.

If you're in this predicament, here are some handy tips on how to go about it.

Getting started with selling products online in Kenya is very simple. Learn the various options available to sell your products online.

20/06/2020

If you're on Shopify this is huge!

Today, we’re announcing a new partnership with Walmart to launch a channel enabling Shopify merchants to sell their products on Walmart.com. This marks the first time Walmart has partnered with a comm

11/06/2020

Dough Stephens, The Retail Prophet shares this AMAZING article where he believes, The work-from-anywhere revolution will accelerate the coming of a post-digital age for shopping.

Enjoy!

The work-from-anywhere revolution will accelerate the coming of a post-digital age for shopping, argues Doug Stephens of Retail Prophet.

25/10/2016

BIG DATA: A smart retailer MUST know its shoppers. How else will it enhance their experience(s) ?

25/10/2016

The first 3 rules of retail: LOCATION, LOCATION, LOCATION.

24/10/2016

Read more about International Retailers doing business in Kenya. Via Quartz Africa.

As the middle class rises, with less time to haggle in local markets, the transparency of formal retail becomes more attractive.

24/10/2016

'Bypassing third-party shippers could save Amazon $1.1 billion annually', according to Citigroup Inc. analysts cited by the Journal. Via retaildive.com and Doug Stephens.

The e-commerce giant has built a fulfillment and delivery infrastructure to serve its own needs, but it has bigger plans than just that, sources told the Wall Street Journal.

17/10/2016

In January 2012, Jessica Alba a well-known American actress and model, co-founded The Honest Company, a consumer goods company that sells non-toxic household products, and owns 15 to 20 percent of the company.

10/02/2016

Africa's 1 billion population is opening up vast opportunities for global retailers......

\tSub-Saharan Africa is a region of remarkable diversity: 48 countries, more than 3,000 distinct ethnic backgrounds, and more than 2,000 languages, a spread that makes expansion by international businesses so difficult. Although Africa is urbanizing at a faster rate than any other region in the worl…

10/02/2016

Worth a read.

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08/02/2016

Have a look at this incisive report by KPMG on Africa's FMCG sector. Feel free to share your feedback on it.


FAST MOVING CONSUMER GOODS IN AFRICA.