9News: Amazon arrives in Australia

Georgie Gardner: Amazon.com opened for business today in Australia and was immediately caught out by savvy shoppers. Despite some goods selling for more than in traditional stores, extra competition will means customers will win but struggling retailers will now.

Ross Greenwood: There’s been p[plenty of hype …but now Amazon’s launched in Australia, shoppers might ask: is it all worth the effort?

Shoppers: I’d rather go down the shops and pick it up.

Ross: Gearing up for the launch, Tristan Swanwick, whose sleeping inducing eyewear has been a hit in America.

Tristan Swanwick: In the first 12 months we went from zero to a million dollars.

Ross: But initial observation raises questions about the promised savings.

A Google Mini. At Harvey Norman – $53. At JB Hi-Fi $55. But on Amazon $86.

A Samsung 55 inch MU6100 Television. Harvey Norman – $1495. JB HI-F, $3 more. But Amazon – $1999 …$500 more.

Delivery is a key for Amazon. It promises free delivery in three to seven business days to most parts of Australia if your order is more than $49. But the big hope for retailers is that shoppers think: “Well, if its cheaper in here and I can walk out the door with the goods right now…why wait?”

But on Amazon today…one sellers free delivery time was seven to 15 days. Barely enough time fro Christmas.

Also embarrassing…Amazon’s own product, the Kindle reader was on sale at $179.

Only thing: Officeworks and JB Hi-Fi…twenty dollars cheaper.

Amazon brought its price down straight away.

The message, clearly, keep checking.

Ross Greenwood, Nine News.

Recommended

Interviewed  Gerry Harvey, Executive Chairman, Harvey Norman titled ” Is Amazon the greatest fraud in the world? .”

Newsletter – November 24 2017 .

Interviewed  Adam Mills, KoalaSafe, Co-Founder titled ” When will Amazon Australia go live? .”

Interviewed  Roger Corbett, Woolworths, Former CEO titled ” Is Amazon a threat for Australian Business? .”

9News: Amazon Australia Launch Just Days Away .

Interviewed  Eli Greenblat, The Australia, Business Writer titled ” What is happening at Myer? .”

9News: Amazon to take on Aussie pharmacies .

Money Minute – September 29 2017 “Myer Under Siege” .

Interviewed  Brad Banducci, Managing Director and CEO, Woolworth (ASX:WOW) titled ” Woolworths Profits $1.53bn .”

9News: Woolworths staging a comeback…but is is enough? .

Interviewed  Richard Murray, CEO of JB Hi-FI  titled ” “Competition makes you stronger” .”

Interviewed  John Stensholt, AFR Rich 200 titled ” Anthony Pratt tops the AFR Rich 200 List .”

Interviewed  Alex Pollak, CEO Loftus Peak titled ” Amazon IPO celebrates 20 yrs – Alex Pollak CEO Loftus Peak .”

The week that was – 21 April 2017 .

9News: TK Maxx lands in Australia .

Interviewed  Gerry Harvey, Executive Chairman Harvey Norman (ASX:HVN) titled ” Harvey goes to war with Amazon .”

Interviewed  Michael Bate, Head of Retail, Colliers International titled ” Amazon coming to Australia – Colliers International .”

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