Tech
For those entrepreneurs who envision their business as the next big thing, it will pay dividends to take cues from forward-thinking leaders, such as Tesla founder and CEO Elon Musk, and surround themselves with inspirational peers. Likewise, it’s incumbent on entrepreneurs seeking to both disrupt the market and avoid being disrupted to continually leverage – […]
By actively supporting flexible and remote work, businesses can position themselves as employers of choice in the ever-more-ruthless war for talent. Plus, if they’re seeking to be national or even global in scope, enabling ‘distributed collaboration’ – i.e. the ability for people to work together as a team, albeit remotely – isn’t just a strategy […]
With Amazon having its soft launch in Australia, today, Dynamic Business spoke with Dominique Lamb, the CEO of the National Retail Association (NRA) who admitted the ecommerce giant was a ‘worthy opponent’ for local retailers but one that can’t satisfy demand for ‘retail as entertainment’. [Related: Let’s Talk… Ecommerce and If you can’t beat them, join […]
With Amazon expected to launch in Australia on Thursday, the build up has seen mixed reactions from online retailers. While the immediate response from many has been one of fear and skepticism, there’s no doubt that appetite among consumers is alive and well. A recent study by Nielsen reported that 75% of Australians aged 18+ […]
High-profile entrepreneur Mark Bouris will head up a taskforce established by the Federal Government to encourage small businesses to adopt digital technologies that will streamline their operations. Bouris will be joined on the Small Business Digital Taskforce by Spiro Pappas (Executive General Manager of Global Institutional Banking at NAB), Pip Marlow (former MD, Microsoft Australia), […]
Sadly, you never know when a natural disaster such as fire, flooding or an earthquake is going to strike. Consider the Queensland floods way back in 2011. Not only did hundreds of homeowners lose their prized possessions, but hundreds of business owners were also affected too. It’s far easier to start again once your business […]
Since the internet revolution, the way we do business has changed beyond recognition. Now we are less likely to have direct contact with clients and customers and face-to-face confirmation that they are who they say they are is no longer an option. This has led to a significant rise in internet fraud, which costs businesses […]
Rising employee turnover remains a significant challenge for Australian businesses. Every time a resignation letter lands on your desk, it will cost you up to 150% of the vacant position’s annual salary to restaff the role. That comes in the form of recruitment and advertising expenses, as well as training costs and lost productivity as […]
To thrive in the digital era, all businesses need to be where their customers increasingly are – online. In 2015/16, Australians spent a whopping $41.3 billion shopping online according to a press release published by Roy Morgan in 2016, up 9.25 per cent on the previous financial year.” Although the popularity of e-commerce amongst consumers […]
The popular stereotype of a cyber hacker tends to be a young, highly skilled person sitting in a darkened room surrounded by sophisticated computer equipment. It’s an image honed by Hollywood and often supported by mainstream media. However, increasingly, this is not the case. Hackers can be young or old, male or female, and belong […]
When you’re running a business, you don’t have the time or money to micromanage every single element of what you do. Particularly when you use e-commerce trading, sometimes it’s necessary that things happen even if you aren’t watching or getting involved. By ironing out inefficiencies within your business, automated systems allow you to reduce the […]
When you think of apps, topics like entertainment, travel, and antivirus might come to mind. But take a trip to the App Store or spend a few minutes browsing Google Play, and you’ll find scores of innovative apps that can help you take your small business to the next level. With so many to choose […]
Once you settle on using a website creator to launch your site, you’re not done making decisions. Now it’s time to choose the right website builder for your needs. Are you doing your homework? If not, you could log on one day to find that your page isn’t functioning as promised – if it’s still […]
AI is already being used in businesses. At the risk of sounding like an automated voice that just repeats back facts, consider these statistics that build a case for the need to incorporate AI. A recent survey showed that about 80% of businesses in the US plan to incorporate chat bots into their business by 2020. […]
Web hosting, the way that websites are placed on the internet for people to visit them, is a thriving business that all business which sell online make use of. Many times, hosting is thought of as something that benefits customers or the company, but it’s rarely not examined from an employee standpoint. There are several […]
By connecting their physical and digital stores, businesses can give their customers a more seamless shopping experience; however, this ‘omnichannel’ approach also facilitates better inventory management. Having real-time visibility of your inventory across all sales channels means less chance of overselling, better forecasting, and less hassle for staff. Let’s backtrack quickly – what is omnichannel? […]
All small to medium business owners have been there. The point where they find themselves wearing multiple hats due to a lack of resources. They are not only the owner, but also the sales person, the marketing person, the human resources person, and IT support. This frequently leaves business owners stretched thin, to the point […]
Serious weaknesses in the security protocol used for all modern protected Wi-Fi networks, both personal and enterprise, have been exposed by a Belgian researcher who warns cyber attackers can gain access to and manipulate sensitive data or even inject malware into a network. According to Mathy Vanhoef, a doctoral researcher in computer security from […]
Think about your most recent interaction with a business online. Did you chat via message with a person? Are you sure? It’s highly possible you were speaking to a chatbot, a computer program designed to interact with customers using messaging apps and online interfaces. These bots use artificial intelligence to create fast, efficient and helpful customer […]
Every modern business needs a good website, one that is not only well designed but which is served up to visitors using a reliable infrastructure. With more web hosts than ever competing for your business, it can be hard to pick out the best provider for your needs, especially if you are new to web […]
