Amazon Australia Launch: Will It Succeed?

Amazon Australia Launch: Will It Succeed?”

In 2018, Amazon also plan to take on the country's largest supermarket chains with their brand AmazonFresh, offering delivery services for fresh food online.

Amazon, a Seattle-based company, has expanded far beyond its roots as a digital bookstore, moving into the groceries and other retail sectors as well as cloud computing, streaming video, artificial intelligence and more. Some of the technology brands already selling on the Amazon Marketplace in Australia include HP, Lenovo, Acer, Asus, Microsoft, Cisco, D-Link, Linksys and Kogan.

Neto CEO, Ryan Murtagh, said Amazon and online marketplaces were a strategic opportunity for retailers.

United States internet giant Amazon launched in Australia Tuesday with retailers scrambling to cut costs and boost their online offerings as they brace for an expected shake-up of the sector.

But not everyone is happy about the e-commerce platform's expansion into Australia.

"We believe Amazon's full entry into Australia will likely be a success", UBS analysts said in a note ahead of the launch, adding that Australia was an "attractive market where online is under-penetrated".

While online shopping makes between 8% and 13% of aggregate retail sales in the country, this is forecasted to increase to A$31.4bn by 2022, more than a 50% rise from A$20bn. Their 24,000-square-meter warehouse in the outskirts of Melbourne will offer 23 consumer categories ranging from books, electronics, clothing, home improvement, kitchen goods, health and beauty and baby products, reports Xinhua news agency. "Amazon's arrival means many things for Australian retail, it means growth, opportunity, and employment". According to analyst firm, Gartner, this can be achieved through initiatives such as implementing merchandise optimisation applications, real-time specific customer offers, customer-centric merchandising and marketing, and life cycle pricing optimisation.

Like this


07 December 2017
HWL final: India edge Belgium to enter semis
Harmanpreet Singh scored what proved to be the victor while Arthur van Doren was unable to beat India shot-stopper Akash Chikte. Although Manpreet Singh & Co entered the quarters without a win - two defeats and a draw - this win washed all their past sins.

07 December 2017
Electric taxi gets approval to work across London
A new wave of plug-in hybrid black taxis have reached London's streets, as part of the city's push to improve air quality. The new electric TX taxi from the London Electric Vehicle Company (LEVC) picked up its first paying fares on December 5.

07 December 2017
Jeffrey Tambor May Not Quit 'Transparent' Amid Sexual Harassment Allegations After All
Amazon is now investigating the allegations made against Tambor by his former assistant Van Barnes and by actress Trace Lysette . In the aftermath of the new claims , Tambor said, "This is no longer the job I signed up for four years ago".

07 December 2017
Capital LLC Acquires New Stake in Cognizant Technology Solutions Corp (CTSH)
Also, insider Gajakarnan Vibushanan Kandiah sold 1,954 shares of the business's stock in a transaction on Friday, September 8th. It is negative, as 53 investors sold CTSH shares while 330 reduced holdings. 86 funds opened positions while 205 raised stakes.

07 December 2017
Aberdeen refuse Rangers permission to speak to manager Derek McInnes
DEREK McINNES will discuss his future with Aberdeen chairman Stewart Milne today with the Dons boss missing from training. The Ibrox club plan to return with a second offer of over £1million in compensation in a bid to move things along.

07 December 2017
Oakland Raiders vs. Kansas City Chiefs Odds, Analysis, NFL Betting Pick
Look for Kansas City to win its fifth in a row over Oakland at home and improve to 4-1 ATS during that stretch. "This is it. We're in the fourth quarter of the season and three of the (remaining) four are division games".

07 December 2017
Reviewing the Insider Trends for United States Steel Corporation (X)
Following the completion of the purchase, the director now directly owns 21,872 shares in the company, valued at $436,127.68. Enterprise Financial Services Corp bought a new stake in United States Steel during the 3rd quarter worth about $120,000.

07 December 2017
Peralta board orders chancellor to halt Oakland A's stadium planning
In a statement , Mayor Libby Schaaf also said, "Oakland remains fiercely determined to keep the A's in Oakland". We are shocked by Peralta's decision to not move forward.

07 December 2017
LyondellBasell Industries NV (NYSE:LYB) Shares Sold by Rothschild Asset Management Inc
Bindra sold 1,574 shares of LyondellBasell Industries stock in a transaction that occurred on Tuesday, October 31st. Massachusetts-based Boston Family Office Limited has invested 0.03% in UnitedHealth Group Incorporated (NYSE:UNH).

07 December 2017
Sherwin-Williams Co (SHW) Insider Sells 8800 Shares of Stock
Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in shares of Sherwin-Williams by 7.3% in the 2nd quarter. RBC Capital Markets maintained The Sherwin-Williams Company (NYSE:SHW) on Wednesday, November 25 with "Outperform" rating.