State of Australian Retail Industry - Clothing
 | A growing number of Australian businesses are turning their offline stores into online versions. But would be that the correct path to decide to use make australian retail industry competitive? Kids Clothing Online According the NAB business Insights site, the online retail sales index increased 23% year-on-year in September 2012. But itfs quick to add it is still emodestf in comparison to traditional sales. Generally seems to mean that Aussie retailers are still not up to speed in terms of online markets and shops. And yet online retail sales up to September 2012 has totalled a staggering $12.1 billion. That amount is big but is small, just about 5.5% in comparison to traditional physical retail sales. Kids Clothing Online So what are the indications? Is brick-and-mortar stores still the ideal solution if entrepreneurs desire to enter in the retail industry? Maybe, perhaps not. The growth rate for online sales though are outperforming that of traditional sector. Actually, there exists a slowing in rise in that sector. Itfs an unfortunate fact that quite a lot of Australian brands are going the clear way of the Dodo - simply blamed through the increasing competitiveness of pricing by internet vendors. Brands such as Fletcher Jones, GAME, WOW Sight and Sound, Dick Smith, Speciality Fashion Group, and more than 650 more enterprises have either closed down or planned to pare down operations - to closing the majority of their branches. About the flipside, domestic online stores always innovate ? in an effort to develop or maintain a competitive advantage. An array of promotions and specials in order to attract new customers or develop a subscriber base - many companies are selling express delivery, or in certain cases 24 hour delivery, even offering it free of charge. The continual changing landscape of the retail industry is forcing traditional businesses to shift to online operations. Industry players happen to be enticing consumers and investors with their value offerings and return promises. Best online retailers are being found readily on the internet. Kids clothes stores including Oozos, Baby Needs a Trip, Eternal Creations. Even SMEs with the clothing industry are earning their mark: Minifin, KandyCrew, Master and Miss, DanieZach for example. Australia wide, internet vendors are appearing and therefs a lot variety that buyers are getting much bang for buck. But so much of these clothing is manufactured anyway off shore that grealh Australian kids clothes are losing its actual meaning. Specialty online retailers that feature only Australian designed clothes offer far better promise to make Aussie clothing industry competitive. In the event the government would support such SMEfs, then your Australian clothing industry may yet make its mark globally. |
