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Sunday, May 1, 2016
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Alec Lynch, the founder and CEO of DesignCrowd, was recently named Emerging Entrepreneur of the Year in the Eastern Region by Ernst & Young. While working as a...

Crowdsourcing – or involving multitudes of people in a project – is not as new as many might think. For decades, much before the Internet came into being, The Oxford English Dictionary was driven by thousands of people writing in with word suggestions, etymology, usage and more. In more recent times, the human genome project used crowdsourcing, and leveraged the computing power of thousands.

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Starting any new business is hard, but starting an online retail business is particularly hard. You see, this is one industry that combines technology, logistics and, of course, marketing – it’s a juggling act. To help us crack this hard nut, we sought the wisdom James Webber, CEO at Bookworld.

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Australia’s rapidly growing digital economy has ballooned to $79 billion. That means it now represents 5.1% of GDP – bigger than traditional industry sectors...