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Retail e-commerce & PayPal in Australia
- 1. Retail e-commerce & PayPal in Australia Jordan Sim - @jymmysim
- 2. Australian retail e-commerce is in its infancy
- 3. The party’s pretty quiet
- 4. And we’re still awaiting newcomers.
- 5. Online spending on clothes is set to increase by 138% between 2006 & 2011
- 6. Whether you’re large or small...
- 8. You won’t want to miss out on this e-commerce revolution.
- 9. One vendor is already playing in this space.
- 10. This is Frek-Malte Feller , MD PayPal Australia. He said...
- 11. More than half of Australia’s top 100 retailers are now using PayPal. “ ”
- 12. In 2010, PayPal Australia recorded over 3 million active users...
- 13. and over 30,000 businesses ...
- 14. PayPal is Australia’s preferred online payment mechanism (Nielsen survey, 2009)
- 15. Australian customers like PayPal for 2 reasons:
- 16. PayPal makes them feel secure
- 17. PayPal is easier (entering credit card details is just too tedious)
- 18. And now PayPal is even mobile .
- 19. And now even more convenient than ever.
- 20. My thoughts?
- 21. Retail E-commerce in Australia is just beginning.
- 22. Australian retailers are in a unique position today:
- 23. Firstly, the current Australian retail e-commerce market lacks serious competition.
- 24. Secondly, Australian customers are becoming more confident in online payment security.
- 25. Thirdly, mobile commerce (m-commerce) is on the horizon with huge potential.
- 26. Now is the time for Australian retailers to take e-commerce seriously.
- 27. Got comments? Let’s talk! twitter: @jymmysim blog: http://bloggr.jymsym.com