Archive for the ‘E-mail & the internet’ Category

New crowdfunding platform opens in Australia

Wednesday, March 12th, 2014
Photo credit; David Pacey on Flickr

Photo credit; David Pacey on Flickr

VentureCrowd, an Australian online equity based crowdfunding platform, has officially opened for business in the country.

The VentureCrowd platform allows investors to receive equity in high growth-potential startups, making them shareholders in the startup ompanies.

It opened Feb. 20 with over 200 registered investors and 36 startups which have been pre-screened by the best Australian accelerators, incubators, angel groups and university programs.

Artesian Venture Partners, one of Australia’s leading early stage venture capital firms, developed the platform.

According to Artesian managing partner Jeremy Colless, there are a very large number of sophisticated investors in Australia who have not previously invested in the startup space.

“The wholesale investor market in Australia is large with 207,000 wealthy individuals in Australia sitting on $US625 billion ($684 billion) worth of assets,” Says Colless. “Until now there have been major barriers to entry for investors in startups. An investor either had to have a large amount of money and time available to screen and review each potential startup investment personally, or had to commit as much as $250,000 to a venture capital fund to qualify as a limited partner.”

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Australian Tourism introduces online booking widget for businesses

Monday, March 10th, 2014
Photo credit; Marc Falardeau on Flickr

Photo credit; Marc Falardeau on Flickr

Tourism Australia has introduced the free Australian Tourism Booking Widget for Australian tourism businesses to help them manage their bookings online.

The Booking Widget is designed to support businesses in the accommodation, attractions, events and tours sectors.
It’s easy to install and can be used to:
  • take bookings
  • manage your rates
  • update availability
  • accept payments.
All you need to do is:
  1. Register online External link on the Tourism Australia website.
  2. Follow the step by step instructions to add the Booking Widget to your website or Facebook business page.

To read more about this story, click here.

 

Demand for products leads some online Australian stores to open physical shops

Friday, March 7th, 2014
Photo credit; Christian Haugen on Flickr

Photo credit; Christian Haugen on Flickr

Kylie Jackson, from Melbourne,  didn’t plan on opening an online business, but was coerced by friends into establishing Wallfry three years ago to sell her artwork for kids rooms. Now she is fending off agents from brick and mortar shops who want her products in their stores.

“The key for my product is being able to personalise the colours,” she says. “It’s a unique service I offer that I don’t want to lose.”

The demand on some online businesses mean that some have to open physical stores, like the father and daughter team of Peter and Krystal Ruchs, who opened Winestains Barossa, selling items produced from recycled wine barrels.

“We had so many people wanting to view the products,” says Krystal. “This was the next logical step. We didn’t think there would be such demand. And we only sell within Australia”.

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Keeping up with online business trends hot topic in Australia

Wednesday, March 5th, 2014
Photo credit; SEOPlanter on Flickr

Photo credit; SEOPlanter on Flickr

Online marketing guru Paul Neihus from Can Do Training says it’s imperative for Australian businesses to keep up with the latest online business trends.

Recently, 78 local businesses attended an Online Essentials seminar held by The Morning Bulletin to hear Neihus, from Can Do Training, talk about winning the battle between clicks and bricks, and using the internet to drive customers their way.

With $14 billion in online sales in Australia last year alone, online marketing has changed the way companies do business.

Chemist Warehouse Rockhampton owner, Paul Arnold said he was part of the biggest online pharmacy in the country, but his interest was in growing a local presence.

“Today [Feb. 11] brought home the importance of linking with local customers and realising that a lot of people do their research online, but still shop locally,” he said.

“We need to do everything we can to build that relationship so they want to shop here we’re not just entitled to it.”

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Finding online niche takes small town retailer nationwide

Monday, March 3rd, 2014
Photo credit; Tatiana Gerus on Flickr

Photo credit; Tatiana Gerus on Flickr

When Jane Cay bought an existing retail business in the small New South Wales town of Cooma in 2004, it was an eclectic mix of saddlery, Akubra hats and women’s fashion and employed five staff.

After removing the outfitters merchandise and honing in on women’s fashion, the business began to grow solidly at a rate of 10-20% per year. And in 2006, given the growth in online business, Cay made the decision to take Birdsnest online.

“We quickly realised that we weren’t in the business of selling dresses — we were in the business of solving a woman’s wardrobe dilemma,” Cay says.

She did a lot of online research to get her website up and running and develop the brand, focusing on giving online customers the same high standard of customer service that the in-store customers received.

Cay’s thorough planning and commitment to the website and customer service has paid off: since the website started, the business has grown to more than 100 team members, the website records five million page views or 500,000 visits every month, and it sells to people all over Australia and the world.

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Selling online allows small Australian businesses to expand worldwide easily

Friday, February 28th, 2014

homemade card - Lauren ManningOnline success has led to talks of expansion for Anna Blandford and Gareth Meney of Able and Game.

Blandford, from Melbourne, has been selling cards and stationary from Able and Game for four years and proudly names Nepal as a country she sells to.

“We now wholesale to the UK, US and New Zealand,” she said. “We are always looking at expansion and have recently attended trade shows in the UK.”

The reach of the internet allows her and other Australian small business owners online to count the entire world as their market.

To read more about this story, click here.

Global trends to watch for in 2014 that could affect Australian online business

Wednesday, February 26th, 2014
Photo credit; Tup Wanders on Flickr

Photo credit; Tup Wanders on Flickr

Global business trends affect all businesses. Here are eight trends that could affect your Australian online business in 2014, according to startupsmart.com.au.

Privacy laws

The onus is now on business owners to ensure they know what their service providers are doing with respect to keeping and sharing your customers and business data both on and offshore.

Cookies policies and active notifications

Notification requirements are being reviewed and regulation is making more business owners obtain active consents where certain customer information is collected and customer behavior is recorded. This means you need to know when you need your customer to actively agree to your terms rather than just post them on your website. It will also impact what your business collects, why you collect it and what you do with it.

Copyright reform

Make sure you know where your content and images come from. This is becoming an increasingly monitored (and complained about) issue with the increase in “sharing” in social media.

 New cyber security laws

The European Union (EU) and the United States (US) are trying to work on new policies to address cyber crime. The EU is working on reforms to get member countries to agree to have compulsory reporting of cyber attack crimes to national authorities. They want to have an arrangement that countries will give up nationals who commit such crimes against EU or US but this is meeting some resistance.

 Data collection

 There is and will be more regulation in relation to tracking systems, particularly those permitted by large tech companies. Opting out of tracking will be more and more difficult as larger corporates will look to improve their ability to collect personal data for advertising databases.

What does this mean for you? It will be harder to protect yourself and your customers’ information online. You are responsible for protecting your customer’s information so your security systems and those of your service provider will need to be robust particularly where international providers or customers are involved.

More Local Regulation for Online Businesses

Australian regulators are hitting out as business use of the internet grows. Everything from tax collection, legislation compliance, consumer protection and privacy are all on the radar among some of the other legislative changes that are continuing to be examined in 2014. You can be sure that tax revenue will be top of the agenda!

Online businesses to be targeted for taxes in other countries

With growth in sales at bricks-and-mortar shops shrinking, and purchasing on the internet growing daily, governments are looking to find ways to tap into the sales revenue. By 2017 global mobile commerce transactions will exceed US$3.2 trillion up from $1.5 trillion in 2013.

Be aware of the tax reform proposals where your online business has customers. You don’t want to be caught out.

 Crowdfunding

This new innovation is virtually unregulated so far in Australia and is growing faster than any other funding source for businesses. It’s making entry costs for individuals who want or have started businesses more feasible — it’s becoming a global way of accessing funding.

Watch out for this new way that businesses are finding investors to help them grow.

To read more on this story, click here.

Selling online helps Australians eschew startup costs

Friday, February 21st, 2014
Photo credit; Beads for Beds on Flickr

Photo credit; Beads for Beds on Flickr

For Kirsten Devitt, starting a business was a dream come true, but she couldn’t have done it without the power of online retail.

“Once you’re online, you can build your confidence slowly,” says Devitt, who is from Brisbane, and who sells handmade jewellery from her store EachToOwn.

About two years old, Devitt’s online business allows her to earn a decent income while caring for her young son. But she would never have considered becoming a business owner if she had to start with a physical store, a staff and a business loan.

“There is too much at stake in owning a store,” she said. “I couldn’t afford to outlay a crazy amount of money for something that might fail.”

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The Heritage Foundation puts Australia in top three countries for doing business

Thursday, February 20th, 2014
Photo credit; Marc Falardeau on Flickr

Photo credit; Marc Falardeau on Flickr

Conservative US think tank The Heritage Foundation has named Australia as third freest nation in which to do business, putting the country behind Hong Kong and Singapore, and above New Zealand and Taiwan in fourth and fifth place.

”With an economy that benefits from sound fundamentals including monetary stability, low public debt, and a vibrant employment market, Australia has weathered the global economic uncertainty well,” the Foundation said.”Openness to global trade and investment is firmly institutionalised, supported by a relatively efficient entrepreneurial framework and a well-functioning independent judiciary.”

The US dropped from the world’s 10th to 12th freest of the 186 nations surveyed.

Heritage Foundation analyst Bryan Riley said that while in the organisation’s view Labor’s stimulus package during the global financial crisis had been a negative, Australia’s bipartisan commitment to free trade and support for foreign investment, as well as its relatively low tax rates, were enough to keep it near the top.

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Business Spectator’s Gottliebsen predicts parcel delivery war will benefit online retailers

Monday, February 17th, 2014
Photo credit; Lydia on Flickr

Photo credit; Lydia on Flickr

The Business Spectator’s Robert Gottliebsen has predicted that as the race heats up between Australia Post, Toll, Linfox and DHL for parcel delivery of online purchases, online retailers will benefit from the competition.

Currently, Australia Post holds a whopping 80% of the market, but the other players are making their run, Gottliebensen says.

He also predicts that brick and mortar shopping centres are in for a rude awakening as online sales continue to grow.

“As the online industry moves to ten per cent and higher proportions of the retail trade, economies of scale will kick in and drive online market share even further. Australia has been a major investor in shopping centres and I don’t think that the overall shopping centre industry fully appreciates the magnitude of what is going to hit them,” Gottliebsen says.

To read more on this story, click here.