Ecommerce Industry

Ecommerce Industry Is Thriving In Australia

In the last decade, the ecommerce industry of Australia has grown exponentially and the country has emerged as one of the top ten ecommerce markets in the world. It is expected to witness a growth of over 15% every year. Today, it represents almost 9% of the Australian retail market, which is why our company work tirelessly to help businesses and entrepreneurs to tap into the potential of online stores.

After the COVID-19 pandemic, more and more people are using online platforms for shopping, getting services, selling goods etc. Thus, it is crucial you are a part of the ecommerce industry, especially when you run a physical shop. Having a ecommerce website and app is viable whether you are running a local business or plan to reach clients nationally or internationally. You can easily create a huge customer base and keep the flow of buyers/sellers/vendors steady.

Market Growth & Scale

Experts predict the upward scale of the ecommerce industry in Australia will keep going for the next few years the compound annual growth rate (CAGR 20-24) will be around 8%. With the ongoing interest and conversion of physical store brands into online stores, it is expected the industry will experience saturation, meaning you need to act fast and get your platform made by us to get a unique design, complete post-delivery support, full-stack development and more.

If you are new to the ecommerce industry and want to establish a business that is successful in the coming months or years, here are the top five categories to consider.

• Food and personal care goods/service segment is the largest in Australia and make up 25% of the ecommerce revenue in the country.
• Fashion because everyone loves retail therapy.
• Toys, Hobby and DIY segments
• Electronics and Media both are essential home entertainment, comfort and leisure.
• Furniture and Appliances for home décor and leading a quality life.

Top Shipping Service Providers

The Australia Post is most used delivery service by online store in Melbourne and other major cities of the country. For about 65% online selling/buying businesses the Australia Post was one of the delivery partners. In addition to this service provider, other shipping services preferred by ecommerce stores include StarTrack and CouriersPlease.

Besides having a great delivery partner, you must have a user-friendly and interactive platform for running your online store successfully. And, to do that, we can help you. Our company can develop an ecommerce website and app for you to utilise the benefits of selling or buying things on the internet!