If you envision a market behemoth, like Amazon, that has a giant fingerprint on virtually every niche market, it can seem,awfully intimidating being a regular-sized, or smaller, Australian business attempting to leave your own mark. After all, more than a third of cloud business goes to Amazon and more than half of US homes have Amazon,Prime. The data pool that biggies, like Amazon and Apple have access to is stunning.
But, never despair. Take stock of your company and fairly evaluate your goods and services. What makes you one of a kind? Don’t be afraid to reach for The stars. Find that thing you do exceedingly well. that thing that could just take you to the level of world domination in your specialized area, and work it. Big growth is still possible, even in the shade of behemoths.
Key Takeaways:
- With retail facing it’s most difficult year ever in Australia, stakeholders must ask some tough questions about where to go from here.
- We must examine what effect the rise of Amazon, Apple, Facebook and Google will have on the Australian retail market.
- RedBalloon and other major players are poised for continued growth and success if they learn from China’s eCommerce success and enhance the consumer’s retail experience on a smaller screen.
“In the first month of operation in Australia, there were 3 million visitors to Amazon Australia which represents just under 8% of the population — not bad for the first month of operation.”
Read more: https://naomisimson.com/retail-in-australia/
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