EVERY BUSINESS NEEDS TO LOOK AT THE GROWTH IN ONLINE SHOPPING WITHIN AUSTRALIA
Online shopping has changed the face of Australian retail market, representing a paradigm shift in the way consumers make purchases. Online shopping has grown through rapid growth in internet and broadband penetration, combined with consumer acceptance of e-commerce as a viable and safe alternative to traditional bricks-and-mortar retailing.
The shopper today is inclined towards variety and value in a discretionary spending and a weak market spending trends. Online shopping however offers the best value and choice for the customers thereby recording a positive growth in current scenario.
Online shopping has grown dramatically in the past five years as per various Retail market researches online. This market has a revenue outlay of $16 Billion dollars and employs more than 62,200 with a growth of more than 17.2%.
Australian market is unique as its geographical spread is huge, thereby providing online retailer a whole new marketplace without geographical limits and seasonal limitations.Opportunities are knocking the doors of local and multinational business brands.
Australians are showing edge for online shopping because it is convenient and stress free. Following the global trend, Australians are no different and also have taken shopping on the internet as a means of life and look forward to buying brands at a bargain price from a website like click frenzy.This website is a one stop shop where all retailers and big brands participate to sell their items at a crazy one off proce and where customers subscribe to get the best offers during certain parts of the year.Their next sale is on the 17th of May 2016 starting from 7 pm.So, It’s never late to convert the interest of people into opportunity. This can be a great avenue for businesses to establish an online presence as well.
True to its uniqueness Australian online shopping industry also explores trends such as store pickup as an important decisive factor for the shopper. This is because in certain cases ,a shopper may want to see the product more making a purchasing decision and this helps the business too to get the word out there. This is different from the global trend of markets in the US and UK surging ahead in numbers but the australian market is not far behind.
Australian market tendency is similar to other markets in the world and their attitude for safety and comforts is bit rational. Buyers ask for safety for their card payments and it is an obvious behavior of all customers. They should be provided with trust and ease of online payment. Sellers also expect less risk by means fraudulent chargebacks. So Highly secure market places with custom shipping,logistics should make the process easy and seemless.
Here is an article with very useful data on options that you can think when you are trying to build your shopping cart website.
Whether it is buying a gift for your partner using a website like Gifts Australia or Red Balloon or finding the best package deal for a hotel and flight tickets for your next holiday through websites such as Trivago or Expedia,We have the options to get the best price and deals for every product and service on the internet.
Market for electronics like DVDs, XBOX 360, LCDs and CDs also leads the interest of the Australian public. Apart from this people also shop online for gardening and housing products. Hence, there are huge opportunities waiting for these sectors and now they can consider flourishing market of Australia for their future profits. Setting up online shopping portals in Australia for these sectors should be a pivotal step of all businesses. Online shoppers prefer local Australian e-commerce portals to global portals that ship products from outside Australia without much quality checks.
Sellers should confirm all these factors to the buyers and their reassurance about all concerns may help them to deal better.Opportunities for Australian business owners to diversify their current business to e-commerce is very bright these days and can result in newer customers and higher revenue trends.
The online market is booming every year and all businesses in Melbourne and Australia must have a proper a shopping cart easy to use web design for online shopping and this can be a great advantage for all small businesses.
This trend in online shopping within Australia can be rehabilitated into immense benefit for business expansion and development.