Surprising revelations about South Africa’s electronics market

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 35 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 67%

Expert Stores News

Headline,Iser-Expert,Jonny Aarons

A purchasing organisation for independent retailers has revealed that they make up a much larger portion of the market than many people realise.

Independent retailers in South Africa make up about 35% of the electronics and appliance market in terms of sales, Iser-Expert CEO Jonny Aarons has told MyBroadband.

The buying group targets product categories like small and large appliances, houseware, air conditioning, cellular, tablets, wearables, personal care, and outdoor. This strategy has proven successful, with Iser-Expert achieving an annual average compound growth of 17% over its previous three financial years.

He highlighted that Kloppers frequently performed well in MyBroadband’s price comparisons for various consumer electronics. In 1981, it bought the 10,000-square-meter Greatermans branch in Bloemfontein when the company closed its South African branches in 1981. In the years that followed, the Juniors name was retired, and three more Klopper brothers joined the business.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines