A Record Year for Australian Online Businesses! Online Sales will Surpass $16.6 Billion Dollars in 2015!

The latest survey of the online retail market by payments provider eWAY reveals that nationally Australians spent $4.98 billion online in the third quarter of this year – a 15.2 % increase on the previous comparable period. eWAY, reports that  Online retail sales for this year to quarter end are $14.3 billion, with yearly totals tipped to surpass the 2014 record of $16.6 billion.

Sydney shoppers overtook Melbourne by 5.7% in online spending for the quarter to take the lead nationally as the country’s big spenders. Nationally, spending for the quarter was up on the previous June quarter, which eWAY reported was boosted by the federal government’s $20,000 budget incentive to small businesses.

Highlights of the third quarter of 2015 include:  Online Sales to international delivery postcodes increased 26.4%. The change in the Aussie Dollar is making Australian goods and services more affordable to international buyers, which means that more international customers want to purchase from Australian Online Stores!!  New Zealand registered the largest number of sales at 33.3%

This has been an exceptional quarter for online businesses in Australia – and things are really heating up in the lead up to XMAS!

Shoppers spend an average of $162.2 per transaction online. While the number has remained fairly steady in the past 12 months, it was found that Sydney is now spending more than double the amount per transaction than Melbourne.

Online retail still has significant growth potential in Australia. All signs are indicating 2015 is going to be a record year for Australian eCommerce, which is fantastic news for Aussie small businesses and online stores.

If you have been thinking about starting your own online business – now is the PERFECT time.  Share in the profits of Australia’s Online Sales and spending and start your own online business today!

 

Online Sales Growth

Australia’s Online Shopping & Spending