Africa’s mobile marketing tipped for double growth
The latest research on Africa’s
mobile marketing industry has projected the industry to more than double in the
next two and half years. According to the data revealed, it will make making it
an essential channel to reach consumers, a study conducted. The study showed
that some African countries like Kenya, South Africa and Nigeria have the
second fastest growth of mobile technology in the world. The continent
currently has one of the largest users on the popular social networking sites
like Twitter and Facebook. The study shows that growing middle class and
relatively young age of consumers in fast growing African economies like Uganda
and Botswana has resulted in the rapid rise of mobile phone usage and social
networking. In the next two years, it is forecast that African nations will
have close to 900 million mobile phone users, compared to estimates of 700
million as of end of June 2013. Developing countries in Africa and emerging
markets are expected to be home to 80% of the world’s middle class in the next
17 years. A researcher and marketing advisor I spoke to, predicted that greater
access to mobile technology could change Africans buying behavior. African consumers
are increasingly doing their own research on new products and prices through
the Internet and that has been cited as the reason behind fast growth of online
merchants in South Africa and Nigeria.
Most African countries are
witnessing the rising incomes, progressive urbanization and better availability
of goods fundamentally changing consumption habits. Just like western world
shoppers shopping habits, African consumers nowadays want higher standards and
that was the reason Ugandans fully backed the country’s Trade minister Amelia
Kyambadde in her fight with Kampala Traders who went on strike to vehemently
oppose the pre importation stage to weed the sub standards goods in the country
especially those in metropolitan areas of Kampala and Entebbe. The stand off
which is among the numerous that occurs in African countries annually, means
consumers in the continent pay more attention to the origin of the product and
values like quality, durability, and social and environmental aspects. Consumer
spending in African markets is expected to rise significantly and companies
must act to capitalize on consumption habits that are changing dramatically. I
believe that benefit from these growth opportunities, business entities need to
identify key trends in African markets early on and turn them into suitable
strategies for products, marketing and sales. Mobile technology will
continue to have a greater economic and social impact on the lives of Africans.
Estimates shows that the ICT sector in Africa could be worth more than $150
billion in the next three years and mobile will be the key driver with mobile marketing
playing a significant role.
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