This website uses cookies to ensure you have the best experience. Learn more

Retail In Australia Essay

1677 words - 7 pages

Retail in Australia

E-commerce has emerged as a new force in retail providing consumers
with more choice and convenience than ever before. People can now shop
from retailers across the globe in the comfort of their own home. It
would be thought that exciting possibilities such as this would be
readily adopted and create competition for existing retail methods.
This has not been the outcome in Australia however. Although
e-commerce continues to climb in adoption rates bricks and mortar
retail has not been affected to any great extent. This being said some
areas of e-commerce are becoming successful new ventures on the net.
Throughout this essay we will look at what e-commerce is, how it is
being used and who is using it. It will also be considered whether
e-commerce will ever replace bricks and mortar retailers or will
e-commerce disappear?

E-commerce is a business that is run on the internet rather than from
a bricks and mortar location. E-commerce uses computer networks and
telecommunications to conduct its business as it has no face to face
contact with its customers. It can be argued that e-commerce is a more
effective way of doing business. (NOIE, 2000) This is because it does
not require all the overheads and staff required in a bricks and
mortar business. However E-commerce is more complicated than it may
first seem, more is involved than the simple transfer of funds over
the internet. For an online business to be a success it must be
planned, established and run as if it were a bricks and mortar
business. E-commerce ends with the buying and selling of goods and
services over the internet. (Mitchell. J, 2000) Marketing of goods and
services, formation of customer relationships, presentation of goods
and services for consumers to brows, transfer of funds and after sale
customer care must all be established and maintained.

E-commerce can be conducted in a Business to business (B2B), Business
to Government (B2G) or Business to consumer (B2C) way. B2C e-commerce
is an area of significant growth. Many Australians are choosing to use
the internet to make purchases. A study conducted by NOIE revealed
that in 2002 54% of Australians had access to the internet in their
home. Although online consumption is not one of the highest ranking
activities conducted by Australians on the internet it is an area that
is growing. (NOIE, 2000)

One specific area of growth is the use of online banking. (DCITA,
2001) Consumers enjoy the convenience of doing their banking from
home on the internet rather than traveling to the bank and standing in
line waiting to be served. The most popular online shopping category
in Australia however is travel and its related services. Consumers
enjoy browsing online for the best deal and creating their own holiday
packages. Purchasing travel online also cuts out added fees such as
the travel agents commission if flight and accommodation are bought
directly from the source...

Find Another Essay On Retail in Australia

Navigating Glabal Connections Essay

935 words - 4 pages ownership changes as the can cause commotion and bring biscuits sales down. Works Cited Ibisworld.com.au. (2012). Arnott’s biscuits holdings pty limited - retail. [online] Retrieved from: http://www.ibisworld.com.au/car/default.aspx?entid=9959 [Accessed: 14 Mar 2014]. Dfat.gov.au. (2012). The importance of services trade to australia - trade in services - world trade organization doha round negotiations - trade - australian government

Title: Labor Markets and Diversity - Coles Myer

3448 words - 14 pages diversity, retail has young people mostly comprise of female workers.The retail sector in Australia is the largest employing industry. In Australia, the retail sector employs graduates in roles such as sale assistants, retail buyers, retail sales managers, and supply chain managers. The retail industry is the largest employer of teenagers, accounting for 50 percent of employment of those aged 15-19. The retail industry is less significant

Foreign Investment Presentation

1429 words - 6 pages sharing data and results, payment procedures, reporting procedures and other administrative issues, and to identify individual organizational rights in any intellectual property that may arise from a collaborative project.Slide 6:Australian Skateboard Market•Canberra, Australia•Sydney, Australia•General sports retail outlets•Stock pileups•Caloundra, Australia-based Mitchell Boards•Online skateboard shops•Imported

The Economic and Social Importance of Tourism: Australia

634 words - 3 pages The contribution of the tourism industry to economic growth and employment is now being recognised although, in international terms, Australia still lags well behind in tourism receipts. In 1982, Australia's relative share of the market represented only 1.4 per cent of the OECD total, placing Australia on a par with countries such as Sweden and Portugal but eight to ten times below the level of the United States, Italy or France.A 1981-82 survey

Australia's and China's trade relations

1045 words - 4 pages of food demand are likely to change, and this will create the need for enhanced production and distribution efforts in Australia as well as a changed regulatory regime and modernised wholesale and retail arrangements here in China.There will undoubtedly be more Australian involvement in the emerging services sector. China's transport and telecommunications infrastructure will be much more highly developed and more able to serve the needs of the

Globalisation in business management

1412 words - 6 pages , regional management and customers. Change directed at increase productivity, greater efficiency and lower costs represented a threat to jobs. Culminating in a 5 year Retail Post Agreement. Australia Post had to put in place safeguards elating to redundancy packages and pay increases. These changes enabled Australia Post to reach agreement of staffing levels that resulted in savings that were essential to the change process. In response to

Business Logistics in Australia Case Study

1964 words - 8 pages return sale of customers due to not meeting the needs and wants of the customer in a timely manner. Exploring the productivity commissions report in to the retail sector, had found that in Australia there are about 140000 retail businesses with a gross Domestic Product of 4.1 per cent and making up 10.7 per cent of employment. (Commission, 2011) Current trading conditions along with longer term trends are challenging due to sales growth declining

Importance if Third Party Logistics

1893 words - 8 pages wholesale and retail trade; 12% for manufacturing; and 12% for mining, construction and utilities combined. The importance of this industry is highlighted when compared to other Industries, e.g., construction 5.9%; retail 5.2%; education 4.4%; and tourism 4.5%. (BTE Report, 2002) The users (buyers) of logistics services include organisations in the mining, agriculture, manufacturing and service sectors. Many users are located in Australia

Executive Summary

2008 words - 8 pages natural environment and cosmopolitan cities located here, including high-tech, stable international political situation and economic prosperity. In order to increase Australian international tourist industry, Sport and Tourism of Australia’s Department of Industry, Science and Resources must develop a strategic plan to reach more potential visitors. With Australia unique natural resources, its appeal to more Asian travellers come to

"Banks are described as deposit taking and lending institutions. Describe the features of current and fixed-term retail and negotiable certificates of deposit and present evidence of their scale

1142 words - 5 pages usually the liquidity continuum, risk and return. In terms of these common features, there can be four types of deposits which are current deposits, saving deposits, term deposits and negotiable certificates of deposit. Over the past decade retail deposits have declined dramatically, banks have responded with three important innovations including introducing internet-based deposit accounts, increasing borrowing from overseas financial markets

Cultural Analysis of Australia

7230 words - 29 pages other hand, smaller retailers rarely import on their own account.The largest single retail chain in Australia is Coles Myer Limited (www.colesmyer.com.au) and even by world standards this Melbourne-based group's 2500 stores in Australia and New Zealand, 165,000 staff, and sales revenue of over $A36.185 billion makes Coles Myer a formidable retail organization.Included in the Coles Myer Group are: Coles Supermarkets, Myer (Department Stores), K Mart

Similar Essays

Australia’s Economy Essay

919 words - 4 pages recreation services, accommodations, cafes, and restaurants, and retail trade. In 2007 85% of Australia’s employed worked in the service industry. The Australian tourism division contributed $ 37.6 billion to the GDP in 2005 to 2006. In Australia there are 17 unesco world heritage sites, more than any other country in the world has ever had. Some of the heritage sites include: The Great Barrier Reef, Kakadu National park, Lord Howe Island Group

Was Australia A Working Man's Paradise In The 1900s?

611 words - 2 pages factory workers. Women also worked in the retail, farming, nursing and education sector. Australia depended on working women as demands grew higher for products such as garment and clothes. Australia had now proved to be a "worker's paradise" for both men and women.Australia, today, is now a thriving and developed country. Australia has a rich and diverse economy and is one of the leading exporters in the world. Australian workers are also one of the most highly paid in income and fringe benefits. This proves to show Australia was and will continually be "a worker's paradise".

Under Armour: Technology In Service Of Sport In South Australia

2241 words - 9 pages . According to City of Marion website (n.d.), "Marion's economy has a strong manufacturing base ....", and "Retail plays a large role in Marion, with Westfield Shoppingtown being the second largest regional shopping centre in Australia." (City of Marion website n.d.). Thus, all these facts represent the City of Marion as a suitable place to establish the business. 6. Conclusion It is expected that the demand for CFE for sports and physical

Agrium Fertilizer Nutrients Essay

739 words - 3 pages Agrium (AGU) is a diversified producer and seller of the major fertilizer nutrients. Agrium alone among the major fertilizer producers has a large agricultural retail operation. The company’s large retail presence in North America has been expanded to Australia and to Europe. Agrium’s retail presence can provide stability and growth to its cash flows during periods of weaker fertilizer margins. The company is currently very profitable due to a