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End of financial year sales biggest ever online

Announcement posted by Aussie Mega Mall 06 Jun 2016

Australia's largest online shopping mall launches to cater for fast-growing online shoppers, who spent $19.3 billion in the past year!
This year's end of financial year sales are tipped by experts to be the biggest ever, with many bargain hunters going online.
To cater for fast-growing online shopping trends, which have hit $19.3 billion in the past year, a new online shopping mall that is the biggest in Australia has been launched.
CEO Darryl Reeves said the Aussie Mega Mall was seven times larger than the nation’s biggest Westfield shopping centre in Australia at Bondi Junction, which has 522 stores.
“We opened our Australian training centre on May 12 on the Gold Coast with more than 3500 Australian shops that can be browsed through ‘aisles online’ and we will be opening our marketplace on July 8 this year,” he said.
These include fashion, toys, electronics, homewares, travel, health products and nearly every family-friendly category you can imagine.
Brands Exclusive CEO Alexandra Mills said because Australia experienced such a warm autumn, stores and suppliers have an excess of winter stock. 
This has meant that stores are starting their sales earlier than usual and have more products to sell.
According to National Australia Bank’s (NAB) latest Online Retail Sales Index in-depth report, online spending increased 12.4% over the last year, primarily on homewares, groceries, media and fashion.
“While the online retail sector is still smaller, in comparison to traditional ‘bricks and mortar’ retailers online, sales have grown at nearly double the pace over the past year,” NAB Chief Economist Alan Oster said.
A Swinburne University of Technology study states: “There are seven million Australian online shoppers today and 45,000 online stores.”
Mr Reeves said the introduction of smart phones (in 2007) and tablets (in 2010) had also changed the way people shop.
“When the first iPhone came out in January 2007, nine per cent of the population had bought online. In 2015, 87 per cent had bought online. 53 per cent of Australian shoppers shop on a smart phone or tablet and that is why we made every store look and work like an app in the Aussie Mega Mall.”
According to the Australian Bureau of Statistics, 52.9% of Australian businesses do not have websites.
Mr Reeves said business people could use the mall like their website.
“A lot of people don’t have a website – and even when they do, they may be getting very little traffic to it. We provide an interface between their website and the Aussie Mega Mall and may provide the potential precious browsing customer traffic they need.”
While anyone can list their online store for free, there are 15 premium paid spots available in each category. Listings can have digital brochures, their own daily deals, coupon codes and access to Aussie Mega Mall membership for extra promotion and discounted products.
“Many businesses can be Skyped directly from the site. We’re the only business Skype directory anywhere as far as I know,” Mr Reeves said.
He said the mall was by Australians for Australians.
“A lot of small businesses are struggling and people are buying offshore. We decided we want to give the small online business owner all the support we can.”
The company is also very passionate about increasing employment in the community and empowering people to start their own businesses.
They currently employ 8 people and have four contractors. They plan to engage 50 people by the end of this year in Australia.
Upcoming features include social media links, listings for offline businesses, professionals and B2Bs (Business to Business), auction site, classifieds, loyalty points and an Aussie Mega Mall app.
Future plans include opening a New Zealand Mega Mall this year, as well as malls in the US, UK and South Africa in 2017.
“The Aussie Mega Mall will be the go-to place to buy or sell products or services online in one place,” Mr Reeves said.
“This has the potential to be a gigantic business on a global scale.”
For more details, call 1300 764 960 or visit www.aussiemegamall.com