AI-powered Open Commerce platforms are the future for B2B Marketplaces
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The sight of open, crowded markets serving thousands of customers is familiar in emerging market cities, but behind these open market stalls is a vital network of B2B trading relationships that form the backbone of commerce. Globally, B2B trade is the key to keeping economies running, livelihoods sustained, and communities thriving. B2B spending across emerging […]
Why Amazon is not the answer to Africa’s retail challenges
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USTIN FLOYD CEO OF REDCLOUD TECHNOLOGY This post was originally published on Business Age After a decade of rumours, leaked documents suggest Amazon finally has concrete plans to launch online marketplaces in Africa over the next 12 months. ‘Project Fela’ will see the retail giant move into five new territories, including Nigeria and South Africa. […]
Why trickle-up works… and trickle-down doesn’t
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2022 was the year in which trickle-down economics reemerged as a preeminent political ideology in the UK, only to combust spectacularly – from trickle-down to burn-down. But what if, rather than asking whether empowering those at the top can generate growth for everyone, we focused more on empowering those lower down the pecking order? What […]
Local connectivity is essential to address growing food shortages
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Global patterns of food production and trade are seeing once-in-a-generation disruption. Fertiliser shortages have limited agricultural output, while labour unrest, geopolitical tensions and logistical difficulties have disrupted supply. Consequently, retailers are increasingly unable to meet demand for even the most basic goods. Urgent solutions are needed to prevent this crisis from escalating… The problems affecting […]
The Next Billion Retailers: How Open Commerce is revolutionizing trade in Emerging markets.
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Imagine a massive machine with intricate gears and wheels working in sync to bring goods from all over the world to your local store. This machine is the consumer goods industry, a $30 trillion complex network of suppliers, manufacturers, distributors, and retailers that make it possible for over 5 billion consumers to access the products […]
Crisis-proof your supply chains with Open Commerce
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Emerging markets currently account for 55% of consumer expenditure for fast-moving consumer goods (FMCG) companies, and this share is expected to grow significantly in the coming years. Over the next five years, an additional five billion consumers are projected to enter the consuming class in these markets, bringing with them an estimated annual spend of […]
A $19 trillion tip for driving digital payments success in emerging markets
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Merchant payments are the hottest battleground for digital financial services providers (DFS) in emerging markets. Over the last five years, mobile network operators (MNOs), fintech, FMCG brands, and other players have sought to crack merchant payments, and it’s easy to understand why. While much progress has been made with person-to-person (P2P) payments as an initial […]
Building a better world for all with Open Commerce
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The consumer goods industry is one of the largest in the world, with a market size of over $10 trillion, and is projected to hit $15 trillion by 2025. This industry, which accounts for two-thirds of the volume of trade in the world economy, plays a vital role in the economies of emerging markets, where it is […]
Distribution, not supply, is creating global food insecurity
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The article below originally appeared in Logistics Business on 2nd November 2022. The pandemic, followed by a brutal war in Ukraine, has provided a catch-all explanation for rising prices. However, these two crises alone do not explain the persistent market pressures for everyday items such as food, drink, soap, or nappies. The root cause is a broken […]
Build loyalty into your supply chain with Open Commerce
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Over the next few years, over 1 billion new consumers will be created in emerging markets, leading to unprecedented demand for consumer goods as these new consumers gain more spending power. Consumer goods brands must build brand loyalty across their supply chain to capture this demand and capitalize on one of the biggest growth opportunities in history. […]
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