Money Local retailers don't trust Amazon, says eBay's new local boss

15:25  13 september  2017
15:25  13 september  2017 Source:

Why click-and-collect shopping is taking over

  Why click-and-collect shopping is taking over The convenience of click-and-collect shopping will be available to Woolworths customers across Australia by the end of this week as the supermarket giant rolls the service out at 1000 locations. Using click-and-collect shopping, a customer can place an order online or through the Woolies app, and pick it up at the store later.Customers are alerted to their order's readiness via text message or through the app and depending on their location can choose from drive-up, drive-through and in-store pick-ups.

Australian retailers considering selling goods through Amazon do not trust the American ecommerce giant, and fear it might use their own sales data to undermine them, according to eBay ' s new local boss .

From a recent article in the Sydney Morning Herald, Tim Mackinnon, Managing Director of eBay Australia and New Zealand stated that he believes local retailers do not trust Amazon .

© Wolter Peeters "We have legitimately played a key role in incubating a number of entrepreneurs in this market": eBay's new local managing director Tim Mackinnon.

Australian retailers considering selling goods through Amazon do not trust the American ecommerce giant, and fear it might use their own sales data to undermine them, according to eBay's new local boss.

"What I hear from Australian retailers, and I talk to a lot of Australian sellers, is they worry about the effect that Amazon might have on their business," Tim Mackinnon, who last week was appointed managing director of eBay Australia & New Zealand.

Amazon could launch in Australia in next 60 days, says Citi

  Amazon could launch in Australia in next 60 days, says Citi US retail giant Amazon could launch in Australia within the next 60 days if feedback from suppliers proves correct, according to Citi analysts.Amazon confirmed in April its plans to bring a retail offering to Australia and has since signed a lease on a 24,387 square metre former Bunnings warehouse on the outskirts of Melbourne and appointed one of its top German executives to run its local operations.

" Local retailers don ' t trust Amazon , says eBay ' s new local boss " I dont trust that guy's dodgy Mo. Would rather pay an extra 0 for local warranty but can't find anyone even close to that for local .

The dominance of e-commerce has affected Main Streets too: Around 90 percent of independent retailers said that Amazon was having a negative Also, as I’ve written before, the decline of local retail also has major implications for cities and towns’ ability to raise revenues through sales taxes.

Amazon is set to open its local operations imminently, with Citi analysts predicting it will start trading out of its fulfilment centre in Melbourne's south-east before November 24, in what is expected to be one of the biggest shake-ups to the retail landscape in years.

The online retail powerhouse sells a range of products itself and also allows third-party retailers to trade through its marketplace platform.

"While somes of them are considering selling on Amazon, they don't completely trust Amazon," Mr Mackinnon.

"They worry about the way that Amazon might use their sales history and buy items themselves."

Presenting itself as an alternative champion of local businesses, Mr Mackinnon said eBay was a "pure marketplace" in which the seller with the best service and price prevailed.

Amazon to transform Christmas shopping with Aussie warehouse

  Amazon to transform Christmas shopping with Aussie warehouse Christmas shopping this year could be about to change completely with rumours running that Amazon could launch its Australian operations in time for the silly season. The online retail giant confirmed in April it was coming down under, but the brief announcement did not include an opening date.However, the rumour mill is running hot that Amazon will open its Australian warehouse before December.Investment and retail expert Sam Henderson said it "makes sense" to be launching at a time when people would already be reaching for their wallets.

Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U. S .), and are putting many thousands of retailers out of business! Until then - STFU, we don ’ t trust a pathological liar.

All Departments Alexa Skills Amazon Devices Amazon Global Store Amazon Pantry Amazon Warehouse Deals Apps & Games Baby Beauty Books Car & Motorbike CDs & Vinyl Classical Music Clothing Computers & Accessories Digital Music DIY & Tools DVD

"We don't seek to own and control the Australian retail landscape – we seek to enable it," he said.

Amazon could start trading within months.© Dhiraj Singh Amazon could start trading within months. "Ninety per cent of the small businesses on the platform export around the world; offline it's only 5 per cent.

"We have legitimately played a key role in incubating a number of entrepreneurs in this market, growing tens of thousands of small businesses and we'll continue to do that."

While market watchers have been speculating how Amazon will affect incumbent local bricks and mortar, and online retailers, Amazon will also be a major competitor to eBay, which was a forerunner in digital retail in Australia when it opened here 18 years ago.

eBay initially was a marketplace mostly used by individuals to sell second-hand goods to one another, but today 90 per cent of goods sold on eBay Australia are brand new, Mr Mackinnon said, and the listings are dominated by large brands and retailers.

CBA: Most Australian retailers don’t have a strategy for Amazon

  CBA: Most Australian retailers don’t have a strategy for Amazon Australian shoppers are eagerly awaiting Amazon’s entry in Australia but most retailers don't know what to do about the threat. The Commonwealth Bank’s latest Retail Insights research suggests almost 70% of people likely to purchase from the online platform. But most retailers (78%) don’t have a strategy to combat the global retail giant. “It seems Australian shoppers are ready for Amazon but many of our retailers are still at the drawing board,” Commonwealth Bank National Manager, Retail, Jerry Macey says.“Although Amazon’s arrival is reportedly weeks, not months, away, it will have a staged entry.

“As retailers look for new vehicles for growth eBay becomes a natural partner - a better partner than Amazon ,” said Sucharita Mulpuru, an e-commerce analyst at Forrester Research. Our Standards:The Thomson Reuters Trust Principles.

When Amazon agreed last year to begin collecting sales tax in New Mexico, state officials celebrated what they said could be tens of millions of dollars in In Chicago, for example, Amazon collects local taxes because it has warehouses and other facilities in Illinois; online retailers that don ’ t have a

Morgan Stanley analysts have previously said they expect Amazon to "take a significant portion of eBay's business in Australia", when it launches here while Citi has estimated local retailers will have to cut prices by about 10 per cent to stay competitive after Amazon's arrival.

But Mr Mackinnon said eBay and the retailers that use the site would remain price competitive, even if Amazon pushed prices down.

"We're confident that Australian retailers will continue to be competitive and that Austrians will continue to want to connect with Australian retailers," he said.

"Australians prefer to buy from a local retailer, they prefer to buy from small businesses."

Mr Mackinnon said 80 of Australia's top 100 retailers had a presence on eBay, and there were over 40,000 Australian businesses trading on the platform in total.

Visits to eBay's Australian website have doubled to 11 million a month over the past six years, and three out of every five Australians who shop online had done so with eBay in the past 12 months, he said.

eBay was looking into starting partnerships with Australian warehouse providers on behalf of eBay sellers. Similars partnerships, in which eBay negotiates better rates and facilitates integration with delivery options, had been successfully in other markets, he said.

eBay would not disclose the value of transactions through its Australian site, although in 2016 the figure was $US84 billion ($104 billion) globally, with company revenue of $9 billion.

The company has come under fire over its corporate structure and how much tax it pays in Australia, and Mr Mackinnon said he would work with the government and Australian Tax Office to ensure it complied with its tax obligations.

Aussie dollar hangs on to 80 cents by the fingertips .
The local currency slipped overnight against the greenback but held onto the 80 cent mark.The Australian dollar is still above 80 US cents despite slipping a little against greenback after the US central bank released its statement following its two-day policy meeting.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!