Summary
They offer the most comprehensive agricultural and food-related advertising and information platform in Southern Africa with a client base of over 21 000 members and roughly 43 000 listings.
Give me more informationFully describe the business's activities?
The business offers cost-effective online advertising opportunities, including various online advertising spaces, listings across a wide range of categories, digital marketing, branding, and extensive social media promotion. It serves both advertisers and end users, allowing the latter to browse curated categories to find resources such as breeders' societies, tractor spares, transportation services, packaging companies, refrigeration, animal health information, and more.
Additionally, the business publishes a high-quality bi-monthly magazine akin to an agricultural "Yellow Pages". These magazines are distributed nationwide to 134 cooperations and agri-related retail stores, at no charge to the retailer or end user.
The ideal buyer is not a digital marketing expert, but more an entrepreneur selling advertising space in the ever-growing Agricultural segment. There are multiple industry initiatives the business has identified and is busy developing to cement its continuity and relevance in this this market segment.
How long has the business been established?
How does the business operate on a daily basis?
Key activities include:
Creating and designing advertising content, planning its layout, and uploading it to the website.
Managing all tasks related to the printed magazine, such as content layout, printing, and distribution to retail partners.
Handling finance and office management duties, including daily debtors/creditors reconciliation, addressing client queries, creating invoices, and account reconciliation.
What Advertising/Marketing is carried out?
Yearly exhibitor at Sakeliga KragDag expo.
Daily/weekly/monthly website updates.
Google Ads and keyword search advertising campaigns.
Bi-monthly newsletters.
Google Adwords and SEO tracking.
What competition exists?
How could the profitability of the business be improved?
Give a breakdown of staff/ functions/ length of service?
1 x Marketing Executive.
1 x Chief graphic designer/production manager.
1 x Online content manager/ social media manager.
1 x Office/finance manager.
Do any have management potential?
How involved is the Owner in running the business?
When does the current lease end?
What are the main assets of the business?
Trademarks.
Exhibition material.
Magazine stands.
Computer hardware.
Strengths?
Competitive advantage with printed media.
Very high industry-specific brand identity and awareness.
Weaknesses?
Opportunities?
Capitalize on growing Agricultural sector and increase listings.
Threats?
What is the reason for the sale?
Why is this a good business?
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