Your business is considering the advertising market in KwaZulu Natal, which is worth about R18.7 million. This market is relatively stable, with no year-over-year growth, so you won't have to worry about it shrinking or exploding anytime soon. With 32 suppliers already in the mix, it's a fairly crowded space, but there's still room for your organisation to make a mark, especially if you favour black-owned, women-owned, or youth-owned businesses, which receive a significant portion of the allocation at 67.43%, 27.3%, and 18.63% respectively. The fact that 11 different departments are procuring advertising services suggests there are multiple potential programme opportunities to analyse and pursue. If I were you, I'd focus on building relationships with these departments and highlighting your business's unique strengths to stand out from the competition.
R19M
32
11
R292K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
67.4%
27.3%
18.6%
1.1%