Business savvy: become e-tailers or watch consumers pass you by

The Australian experience is that customers are using the internet to shop in the millions but tens of thousands of Australian businesses have no web presence, endangering the future of their business, according to Savills Australia.

Savills' Victorian retail director, Jeremy Marmur, said Australia Post would open a 24/7 online services superstore in Bourke Street based on research that showed more than 10 million Australians were now using the internet for shopping. ''But shoppers have little choice if they shop online because a lot of Australian firms are simply not there,'' he said, citing research by MYOB and others ... READ MORE

Released by the Sydney Morning Herald - 16 June 2012