Archive for the ‘business’ Category

Mike Ashley joins MySale

Saturday, June 21st, 2014
Photo credit; vagawi on Flickr

Photo credit; vagawi on Flickr

Mike Ashley’s Sports Direct International plc has acquired a 4.8% stake in Australian online retailer MySale.

But the purchase was pretty much by accident.

Ashley, who owns Newcastle United made the purchase after MySale shares were accidentally listed at two pounds, 26 pence, instead of 226p – which some trading floors interpreted as 2.26p – triggering a flash sale.

MySale only started trading on AIM at the beginning of the week.

In a statement to Sports Direct shareholders, the firm said: “Sports Direct looks forward to developing its relationship with MySale, including the potential to co-operate on significant collaboration and joint venture opportunities in Australasia and Asia.

“This partnership approach is consistent with Sports Direct’s strategy in other regions and the Group believes that MySale is ideally suited to help realise Sports Direct’s multi-channel potential in Australasia and Asia.”

MySale is a members online e-commerce platform that runs limited-time sales of designer goods exclusively to its members.

The firm is 25% owned by billionaire Topshop entrepreneur Sir Philip Green.

To read more on this story, click here.

WooCommerce Announces Partnership With Social Rebate

Saturday, June 21st, 2014

best-WooCommerceplugins-logoWooCommerce has announced a new partnership with social commerce platform Social Rebate.

WooCommerce users will now have access to Social Rebate‘s unique social commerce plug-in, which allows brands to reward customers with instant cash rebates for promoting them on social networks.

“WooCommerce is always on the lookout for the best ways to boost sales for our users,” said Joel Bronkowski, WooCommerce Business Development Manager. “Social Rebate won us over with their unique ability to drive new customers to businesses through social commerce, we’re happy to offer this revolutionary tool to everyone using WooCommerce.”

To read more about this story, click here.

Australia ranks near top as best place for female entrepreneurs

Saturday, June 21st, 2014
Photo couresty of Steve Wilson on Flickr

Photo couresty of Steve Wilson on Flickr

Australia is the second best place in the world to be a female entrepreneur, according to the Gender-Global Entrepreneur and Development Index, which was released at the Dell Women’s Entrepreneur Network conference in the US recently.

Australia placed just behind the US as countries which encourage and foster female entrepreneurship, ahead of Germany, France, Mexico and the UK.

The rankings are calculated based on three factors:

  • the entrepreneurial environment in a country;
  • the entrepreneurial ecosystem; and
  • entrepreneurial aspirations.

Emma Isaacs, chief executive of Business Chicks, said the rankings don’t surprise her at all.

“The corporate landscape in Australia is forcing women out in droves [and] this is creating a really strong community of women who are starting their own businesses, simply because they want to create work that works for their situation,” says Isaacs.

“There is a really exciting startup culture in Australia at the moment,” says Isaacs. “Women have access to great networks and great role models who have already paved the way, and the strong economy is of course also helpful — for any startup to be successful there needs to be strong financial support.”

To read more on this story, click here.

Federal government to aid small businesses in adopting cloud computing

Tuesday, June 17th, 2014
Photo credit; FutUndBeidl on Flickr

Photo credit; FutUndBeidl on Flickr

Federal communications minister, Malcolm Turnbull, wants Australian small businesses to adopt cloud computing, and the federal government plans to help them by releasing a series of guides this week aimed at helping small businesses adopt and employ cloud services.

The guides have been launched following the findings of the Department of Communication’s Cloud Computing Government Stock Take report (PDF), which was released recently and reviews the existing regulation that applies to cloud services in Australia.

The new series of guides for SMEs comprises four titles:

  • cloud computing myths;
  • questions to ask your cloud provider;
  • small business privacy factsheet; and
  • legal tips for small business using cloud services.

“The guides … will assist Australian small businesses to be part of this revolution. They cover a range of topics from questions to ask your cloud provider, to legal issues to consider in the cloud,” said Turnbull in a statement posted on his office’s website.

“Cloud computing is already proving to be revolutionary for small businesses, as it significantly lowers cost barriers to ICT adoption,” he said. “KPMG estimates the increased adoption of cloud services in Australian firms could boost the Australian economy by AU$3.32 billion a year.”

To read more on this story, click here.

 

Facebook brings video ads to Australia

Thursday, June 12th, 2014
Photo credit; Jason A. Howie on Flickr

Photo credit; Jason A. Howie on Flickr

Facebook is bringing its Premium Video Ads and Video Metrics to Australia, one of seven markets outside of the US where Facebook is rolling out the new services.

Interactive Advertising Bureau (IAB) chief executive Alice Manners said recent estimates showed video advertising was growing at 55.7 per cent, representing 14.3 per cent of digital display dollars, for the quarter.

Facebook Australia and New Zealand managing director Will Easton said that Facebook Premium Video offers brands new ways to engage and connect with over 10 million Australians who access Facebook daily.

“In the coming months, we’ll be working closely with advertisers to deliver high-quality video campaigns that create the best possible advertising experience,” Mr Easton said.

The 15-second video ads appear in users’ newsfeeds and play automatically with the sound muted until they are clicked on.

Facebook began selling ads in the United States in March.

To read more about this story, click here.

New online business for procurement professionals launches from Australia

Tuesday, June 3rd, 2014
Photo courtesy of Maryland GovPics on Flickr

Photo courtesy of Maryland GovPics on Flickr

Procurement professionals now have a place to collaborate online thanks to the launch of Procurious in Australia.

Procurious is an online hub aimed at procurement professionals looking to advance their careers, develop their skills and expand their professional networks.

The network will include groups and lively discussion forums, news tips and advice, access to online and offline events, plus a range of mobile and desktop accessible e-learning modules — all compatible with a full range of devices, from PCs to mobile.

“Procurement has a new face. It’s now younger, more ambitious and more global than ever before.  There’s a huge opportunity for bright and ambitious procurers to begin changing the face of the profession from the inside out,” Founder Tania Seary said.

“Corporate supply chains are in the media spotlight every day — but procurement often remains the unsung hero for its role in creating competitive advantage and upholding the reputation and value proposition of businesses and brands.”

To read more on this story, click here.

 

Brick-and-mortar giants finally making strides online

Thursday, May 29th, 2014
Photo credit; Timothy H on Flickr

Photo credit; Timothy H on Flickr

Both David Jones and Myers appear to finally be getting the hang of this whole internet fad.

While Myer’s third quarter sales were down, its online sales had increased. Myer says it has 119,000 products now available through the website and nine million visits to the site over the quarter.

David Jones fared better, but its third quarter sales still weren’t great. However, the upmarket department store reported a 190% increase in online sales over the past year, albeit from a very low base. It is seeking to offer a dual in-store and online offering.

To read more about this story, click here and here.

Online sales spike comes from unlikely source

Friday, May 16th, 2014
Photo credit; Matteo Paciotti on Flickr

Photo credit; Matteo Paciotti on Flickr

Online retail sales growth in Australia shot up during March, spurred on by products that don’t normally get associated with online sales: groceries and liquor.

Groceries and liquor posted the biggest increase in online sales, according to National Australia Bank’s Online Retail Sales Index.

To read more about this story, click here.

WooThemes introduces new booking plugin

Thursday, May 15th, 2014
Photo credit; Sylvia Schade on Flickr

Photo credit; Sylvia Schade on Flickr

WooThemes has just released a new, innovative booking plugin for WooCommerce.

The extension, aptly named WooCommerce Bookings, will allow online businesspeople to:

  • trade their time for cash money,
  • set up appointments,
  • connect with clients,
  • link dependent resources, and
  • integrate their services with their website.

What makes WooCommerce Bookings unique is that it takes a website from being just an online brochure, to being a place where people can go to actually book an appointment online.

The plugin is highly flexible and the WooThemes team has been perfecting it since 2011, according to WooThemes co-founder Mark Forester.

To read more on this story and check out a video about WooCommerce Bookings, click here.

Team of young South Australians recruiting next wave of business people

Wednesday, May 14th, 2014
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The Engine Room team of Sean Clarke, Marcus Bailey, James Sargent, Sally Noonan, Leigh Morgan, Toby Bensimon, Toby Strong and Steve Dorman. Photo credit; Matt Turner from News Corp Australia

A group of young business people from South Australia who dub themselves The Engine Room are looking for the future of South Australian business.

Launched by investment bankers Marcus Bailey and James Sargent, and wine and hospitality entrepreneur Leigh Morgan, the group aims to recruit 500 business owners aged 18 to 40, turning over a billion dollars a year, and representing more than 25,000 employees.

So far, they’ve gotten about 100 signed up.

Members will have access to events, mentoring, investment advice and a network of peers with the same enthusiasm and drive to succeed in South Australia.

Members of The Engine Room are:

  • Sean Clarke,
  • Marcus Bailey,
  • James Sargent,
  • Sally Noonan,
  • Leigh Morgan,
  • Toby Bensimon,
  • Toby Strong and Steve Dorman.

Bailey, who co-founded Adelaide-based investment bank Fortis Ago three years ago, said The Engine Room was about fostering real business growth.

“If we can stand up and say, ‘In our group there’s 500 company owners representing over a billion dollars of revenue’, we think what that will do is start to build on the entrepreneurial spirit in SA, whereas what we’re seeing at the moment is individual acts of brilliance dotted around the place,” he said.

To read more on this story, click here.