In the latest episode of Marketplace Africa, CNN’s Zain Asher explores South Africa's pre-owned luxury boom. Despite fears of a looming recession, luxury sales worldwide have consistently grown in recent years.
Social commerce s rapid growth by 2030 combines e-commerce and social media, focusing on affordable products. Trust and authenticity are vital as social commerce gains popularity, especially post-COVID-19, impacting consumer behavior and brand reputation.
The coming together of e-commerce and social media to create a new business channel, social commerce is increasingly gaining traction in the retail space. Consumers discover and purchase goods and services directly through social media platforms like Facebook, Instagram, and YouTube among others.
Indian Car Buyers: Deloitte’s 2024 Global Automotive Consumer Study (GACS) India, which reveals the dynamic shift in consumer preferences in the Indian automotive sector, was conducted during 5-12, October 2023. Deloitte surveyed a sample of 1,000 consumers in India, a press release issued by Deloitte Touche Tohmatsu India LLP, said.