Global retail giant Amazon has today officially entered Australia’s $300 billion retail market, with ‘millions’ of products across 23 categories – from books and music through to consumer electronics and clothing – now available for purchase through its local website. Here’s Amazon Australia at a glance… Orders fulfilled by Amazon Australia are being shipped from […]
Businesses risk being disrupted if they don’t create environments where people can sit in their ‘challenge sweet spot’, have freedom to express crazy ideas and feel safe to fail meaningfully, according to Dr Amantha Imber, the CEO of innovation consultancy Inventium. Prior to founding Inventium a decade ago, Imber – a 2016 inductee into the […]
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 […]
The holiday season is one of the biggest times of the year for retailers, accounting for as much as 20% of annual sales. With the increased sales, as well as the opportunity to acquire new customers who will shop year-round, early planning and preparation can be key to maximising success. But, what happens when the […]
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+ […]
Telstra will compensate around 42,000 customers after advising the ACCC that the maximum speeds promised by some of its National Broadband Network (NBN) plans could not be achieved in real-world conditions. Between September 2015 and November 2017, Telstra advertising a range of NBN speed plans including one that offered maximum download speeds of up to […]
Customer sentiment holds the key to unlocking hidden revenue in your business. As a retailer, eCommerce platform or marketplace, you’re likely to value customer sentiment — however being able to turn that sentiment into a successful business strategy to improve your business from a revenue or operations perspective is way more challenging. Customer’s experience, product […]
Fresh from entering the fintech game, with the launch of SME e-tailer loans in partnership with Prospa, ecommerce company MyDeal has continued to diversify its offering, with the soft launch of an online fashion marketplace. Built with the technology underpinning MyDeal Marketplace, MyWardrobe went live this week with over 5000 men and women’s products, including […]
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? […]
Online retail marketplace MyDeal.com.au has partnered with small business lender Prospa to offer its listed retailers loans to accelerate their growth. Retailers who list their products through the MyDeal marketplace can now apply for a business loan of up to $250,000 directly through their supplier management system and, in the case of loans under $50,000, […]
