Posts Tagged ‘online sales’

David Jones online sales up 1,000%

Wednesday, November 20th, 2013
1000 - Miguel

Photo credit; Miguel on Flickr

While sales growth for David Jones is flat-lining, its online sales increased by more than 1,000% in the first quarter of this financial year just ended.

Compare that to total sales revenue of $424.2 million, up just 2.1 per cent.

David Jones didn’t put a dollar figure to the online sales.

The key takeouts from the quarterly David Jones report:

* New South Wales and Victoria stores are the strongest for sales.

* Online sales up more than 1,000 per cent in the quarter. Its relaunched webstore is 12 months old next week.

* Total Sales up 2.1 per cent to $424.2 million from the same quarter the previous year of $415.6 million.

* Like for Like Sales down 0.3% to $414.2 million from $415.6 million.

* Sales were up 0.6 per cent excluding the disruption impact of the Canberra Centre store
refurbishment

To read more about this story, click here.

Australia Post builds on online shopping

Tuesday, March 13th, 2012

Due to the ever growing popularity of online shopping the profit gap between Australia Post’s conventional letter service and parcel delivery business has widened more than ever before.

Chief executive Ahmed Fahour said,

“The period leading up to Christmas really highlighted a widening gulf in profitability of our letters business and our parcels business,”

“We delivered 3 million more parcels in December than we would in an ordinary month,”

You can read more over at smh.com.au

JB Hi-Fi announces impressive 80 percent jump in online sales for 2011

Tuesday, March 13th, 2012

Despite a 5 percent decrease in earnings for the six months prior to December in 2011 compared to 2010 there was positive news from JB Hi-Fi on the online sales front.

The company announced an 80 percent jump in online sales for 2011.

You can read more over at crn.com.au

Discounts drive online business models

Tuesday, March 6th, 2012

Technology analysis group Telsyte has released a report showing that discounting is the best way to achieve online sales.

While lowering prices is challenging for the businesses it does go some way to convincing customers to proceed with the purchase.

Telsyte senior research manager, Sam Yip has said,

”All the emerging ways to buy online are tied by a single common factor – discounts,”

You can read more over at smh.com.au

SmartCompany offers 3 tips to improve your online sales

Tuesday, March 6th, 2012

Harvey Norman founder Gerry Harvey says Harvey Norman has reduced its forecasts for online sales, believing he got carried away with how big a market he could capture online.

The company was targeting 5% of turnover to be online, while the actual sales figure appears to be as low as 0.5-1%.

Mr Harvey has announced they would now target online sales to achieve 1-2% of total turnover.

The team over at smartcompany.com.au has 3 tips for Harvey Norman, but they could just as easily apply to any other online store.

They are:

  1. Emphasise your deals
  2. Reduce the shipping times
  3. Give the website a redesign

To read more about these tips check out smartcompany.com.au