Largest mall in Africa estimated at R5-billion, ‘Mall of Africa’ will be opening its doors to public on Thursday, 28 April 2016.
And is situated in Midrand’s Waterfall City, halfway between Johannesburg and Pretoria. It is located adjacent to the Allandale Road exit of the N1 Highway, the first free-flow intersection of its size in Africa.
The mall has around 6,500 parking bays, most of which are under cover. It also offers valet parking, special drop-off facilities for buses and dedicated Uber pick-up and drop-off points – a first in the South African retail environment. It is also minutes away from the Gautrain Midrand Station.
Attacq Limited holds the commercial development rights to Waterfall and owns 80% of the Mall. Atterbury Property Developments owns 20% and is responsible for the development project, on behalf of Attacq.
At 130,000sqm, Mall of Africa will feature over 300 retailers, restaurants, entertainment and cinema complex. The mall will be a home to heavyweight international fashion retailers such as Cotton On, H&M, Forever Hamleys, Forever New, River Island, Mango, Tommy Hilfiger and Versace. Other retailers include Stuttafords, Woolworths and Edgars.
Nothing could be easier than drop shipping in today’s time. What if someday you think to start a new business and then suddenly you drop the idea because of the hassles associated with it in terms of fulfillment of the inventory and other concerns. The idea of a dropship is very beneficial in such cases. Drop shipping is like; someone else would pay for your business inventory costs and manage the operations. When you start or manage a business, one of the largest parts of capital goes in managing the operations. When you drop ship, the operational cost of your business gets minimized. All you have to do is to create labels for the shipping.
The method of drop shipping makes it easier for you to start and sell the items online. Prior to that, you need to create a drop ship business plan. As a business person, you do not need to invest heavily in creating an infrastructure and inventory and still, you can make a good business out of it. We all know that starting a business or becoming an entrepreneur is not a cakewalk. It takes a lot of effort and resources to start any idea or getting involved in any kind of business.
If you want to create a robust business, you also need to make a business plan, but when you decide to do drop shipping, you do not have to worry about the business plan or another kind of operations involved with it. You can then focus completely on your core business. Moreover, you do not need to get fixed at one place to operate your business. With drop shipping, you are free to operate your business from any part of the world. You just need a good internet connection to do that. Drop shipping is a tried and tested model. There are large numbers of online stores, who use drop shipping to offer a good range of products to their customers.
One can do drop shipping with online sellers like Amazon and eBay. With online sellers like these, the online dropship business is quite convenient. eBay is one of the most preferred websites to buy goods online. Selling goods online via eBay is quite easy. eBay allows you to create a listing of your products by creating an account. After you create an account with eBay, you can do the listing of your items and your business gets started. Since eBay is one of the giant online sellers, you get access to many online buyers and because there are a large number of buyers at the website of eBay, your products get a lot of visibility. Your products get access to a large number of audiences. When you create an online business, you have to emphasize on the ranking of your website, SEO or sometimes you also have to pay to get the traffic at your website. To contrast, when you sell products at eBay, you do not have to worry about that. Everyone who is into selling online puts a lot of effort on fetching the traffic to the website. Online marketing is considered as one of the biggest challenges associated with the drop shipping business.
While you plan to sell your items via eBay, you must know the cons associated with it. For listing your products, you need to pay listing fees. The success fee of the listing is 10 percent or higher. The biggest cons of the drop shipping market are that the profit margins are slightly on the lower side. Since you will be paying the listing fee and the success fee, it is going to cut a large amount from your profit. At eBay, the items are sold in an auction style, so you need to do the constant monitoring. You also need to do relisting of your products. There are few tools in the market which can automate the process of listing and relisting, but then it is going to add up some cost.
The idea of drop shipping through your own online store is a completely different thing, while you sell things via eBay or Amazon, you cannot customize your ideas. Everything will be under the control of Amazon or eBay. You will just receive your profit margin. One of the most important things you need to know that when you sell your products via eBay or Amazon, your site will be responsive, which means the products which you have listed will look great on mobile. These days most of the purchases are done via phone.
Shopaholics will be happy to hear that South Africa’s Mother City is home to dozens of shopping centers where you can find everything from designer clothes and gadgets to household items and gifts for your loved ones. The high season for shopping runs from November to January and many shopping malls in Cape Town offer premium discounts during this time of year. From shopping centers that house luxury boutiques and offer an abundance of entertainment options to malls that attract South Africa’s major retailers; check out our round-up of the best shopping malls in Cape Town.
1 Canal Walk
One of the biggest shopping malls in Cape Town and the third largest mall on the continent, Canal Walk is home to over 400 stores, boutiques, restaurants, and entertainment options. Expect to find a number of high-street clothing stores, electric stores, bookshops, cinemas, and coffee shops, as well as holiday activities and regular events for children. Plenty of parking spots are available for visitors and there are several parking bays for senior citizens and visitors with small children.
2 Somerset Mall
Offering around 4,000 outdoor parking bays and 640 undercover parking spots, Somerset Mall boasts a variety of stores and high-end boutiques. Valet service is available and there several baby-changing rooms on-site. Thanks to its central location, Somerset Mall is easily reachable from suburban areas including Strand, Somerset West, and Stellenbosch.
3 V&A Waterfront
Nestled at the foot of Table Mountain, V&A Waterfront boasts over 450 retail outlets where you will find everything from audio equipment and craft markets to fashion to entertainment centers and home-ware. It is definitely the most popular shopping destination in the city for tourists and offers plenty of sightseeing and entertainment options including sunset cruises, 2 Ocean Aquarium, and the Ferris Wheel. In case you get hungry, there are over 80 restaurants in the area where you can try international cuisine and local specialties.
4 Bayside Mall
Located just a short walk from the beach, Bayside Mall is home to most of South Africa’s major retailers and features dozens of coffee shops and eateries. There is even an on-site Ster Kinekor cinema complex with 8 screens, as well as a nice food court. If you are visiting with children, make sure to check out the huge Game Store at the Bayside Mall. This shopping center is an ideal place to visit if you are coming from Parklands, Table View, and Blouberg area.
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