Tag: online retail

Roy Morgan Research has found that companies that went online earlier benefited the most – not just in online growth, but also offline, reflecting the synergies with traditional brick-and-mortar business. Over the past year, businesses that already had online sales grew 5% but those that didn’t – or didn’t for at least 12 months – saw revenues decline 4%. Also, nearly one out of two (49%) businesses that sold online for at least a year saw higher revenues whereas that was true for only one out of three (36%) businesses that didn’t engage in e-commerce.

The challenge three years ago was enormous: Two guys whose time on this planet totaled less than a half-century would take on one of the toughest markets in Australia -- home entertainment retail. And they would do it online. Talk about an uphill climb. But Jonathon Green and Elliot Green have proven to be the most gritty of entrepreneurial mountaineers.

The burgeoning world of online retail is steadily finding support companies that speak the same language. One of the most hard-charging examples is eStore Logistics, a warehousing and shipping company founded in 2009 by Leigh Williams.

Aussie start-up Joe Button had only been in the online retail game for three weeks when it was shortlisted as a finalist in the Online Retail Industry Awards, up against the likes of Sportsgirl in categories Best New Online Retailer and Most Innovating Online Retailer.

Lorenzo Coppa has seen it all. As founder and CEO of eStore, he nurtured an idea uncomfortable to Australian consumers into the nation's largest independent online retailer of computer and technology products. In a wide-ranging interview with Anthill 30under30 alumnus Jack Delosa of The Entourage, Coppa talks about how he sold the eStore concept to Australia. He also dishes on how he navigated successfully through the dot-com bust, offers advice to "offline" business on Internet marketing, and reveals the identity of his favorite how-to text on succeeding in business.

Gabby Leibovich, co-founder of the discount buying sites CatchoftheDay.com.au and Scoopon.com.au, will be our guest entrepreneur at the latest Entrepreneurs' Night Out in Melbourne on Tuesday, 14 June. If you're a Victoria-based business owner with a passion for ideas and success, this night's for you! (We guarantee you won't find a better deal this side of Scoopon.)

In a wide-ranging, two-part interview with The Entourage project, online retail entrepreneur Ruslan Kogan talks about how he got his eponymous enterprise off the ground and predicts the future of online business, mobile Internet and television technology.

While enticing new customers has become second nature to Australia's online retailers, they don't do nearly enough to retain the ones they already have, according to new research.

So, you’ve weathered the storm that was the GFC. That’s a relief, no doubt. But where to now? Looking forward there is justifiable concern that uncertain consumer sentiment, combined with the absence of the 2009 stimulus package, will see sales remain lacklustre.

Age has never been a restriction when it comes to entrepreneurship and that certainly rings true in the case of Perth entrepreneur Lachy Groom. Already a serial entrepreneur at the age of 15, he is the founder of a recently launched voucher card trading business that looks set to go places.

Age has never been a restriction when it comes to entrepreneurship and that certainly rings true in the case of Perth entrepreneur Lachy Groom. Already a serial entrepreneur at the age of 15, he is the founder of a recently launched voucher card trading business that looks set to go places.