CONSUMER INSIGHTS | 8 NOVEMBER 2022

Data-driven insights in
a consumer-led world

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Consume This, CGS Monthly: Volume 2, Issue 6

In our latest Consume This issue, we delve into some of the most recent trends impacting consumers the world over. With more and more corporates looking at adopting and becoming carbon neutral, how will this impact eco-conscious consumers’ wallets?In this issue, we are rocking down to electric avenue. We explore one of South Africa’s biggest retailer’s decision to introduce a fleet of electric vehicles and how this aligns with their sustainability goals and strategy. Other topics that we are looking at in Volume 2, Issue 6 include:

  • June merchant spend analysis
  • Consumer finance and e-commerce
  • Shoprite assisting SMMEs
  • Across the Border: Botswana and Zambia

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Absa’s Merchant Spend Analytics: November 2024

While Black Friday 2024 marked a modest improvement over the previous year’s dismal performance, it fell short of the double-digit growth achieved in 2022. The post-payday boost contributed to a rise in overall card spending from 3% to 6% during Black Friday 2024, despite a slight softening in transaction volumes.

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Absa’s Merchant Spend Analytics: October 2024

Consume This, CGS Monthly: Volume 10. After a dip in September, card spending and transaction volumes rebounded strongly in October. This uptick can be attributed to factors such as the recent 2-pot retirement reform and overall economic improvement. This positive trend is particularly promising  for this Black Friday, Cyber Monday and upcoming Festive Season.

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Absa’s Merchant Spend Analytics: October 2024

In an era of accelerated change, navigating the vast consumer goods and services landscape can be daunting. This newsletter forms part of a series of reports curated by industry experts, leveraging Absa internal and global data sources, as well as local research across the consumer goods and services sector to bring you the latest insights and trends.