Amazon launched its Prime service in Australia today, giving most Australians access to free two-day shipping, Prime Video and a number of other perks. A subscription will cost AU$59 (approximately $44) per year — as opposed to the US price of $119 — a discounted rate that takes into account a smaller selection of goods and higher prices. Amazon just launched in the country last December.
Prime comes just ahead of a new policy that will prevent Australian customers from shopping on other countries’ Amazon sites. The country has instituted a new law that requires retailers to collect goods and services tax on products shipped to Australia from abroad. And in response, Amazon has chosen to restrict Australian residents to its Australian website starting July 1st.
Amazon’s Australian site has around 60 million products, far fewer than the US’ 500 million. With Prime, Australians will have access to approximately 4 million items sold on the US site that they won’t have to pay shipping for as long as orders total more than AU$49. Amazon says around 90 percent of Australians will have access to two-day delivery. You can see a full list of regions that qualify here and they include metro areas such as Sydney, Melbourne, Brisbane, Perth and Adelaide. Non-metro areas that don’t qualify for free two-day delivery will have access to an expedited three- to five-day delivery option for no additional charge.
Amazon is offering a free trial as well as a monthly payment option. Until the end of January, users can get Prime for AU$5 per month and after that the fee will increase to AU$7 per month.
Amazon is still struggling to outperform its competitors in Australia since its launch in December last year, particularly after it upset customers by banning them from using its US and UK sites.
Roy Morgan Research revealed today it has half the number of monthly visits compared with eBay, and Gumtree, which is also owned by eBay, is the second most popular site.
“Nine and a half million people at least look at an eBay website in a month, that’s followed by Gumtree at about five and a half million,” Michele Levine said.
“Amazon comes in at four point six million.”
Experts said Amazon needs to drive membership sales in order to survive in Australia.
President Donald Trump played down the stock market’s losses on Tuesday as “peanuts” when compared with the importance of striking a good deal with China and the gains since his election.
The Dow Jones Industrial Average “was about 16,000 or 15,000 and now it’s almost at 30,000,” Trump said at the NATO summit in London. “It’s going to be at 30,000.”
“If the stock market goes up or down — I don’t watch the stock market. I watch jobs. Jobs are what I watch,” he added. Today’s move is “peanuts compared to — we have picked up record numbers so that’s OK. That’s the way I feel.”
The major stock indexes slid Tuesday after Trump said he thinks it would be a good idea to delay signing a trade deal with China after the 2020 presidential election. The Dow Jones Industrial Average fell more than 450 points at its lows on Tuesday, led lower by trade-vulnerable Apple, Caterpillar and 3M.
“In some ways, I like the idea of waiting until after the election for the China deal, but they want to make a deal now, and we will see whether or not the deal is going to be right,” Trump told reporters before U.S. markets opened Tuesday. When asked if he had a deal deadline, he added: “I have no deadline, no. … In some ways, I think it is better to wait until after the election if you want to know the truth.”
Despite his assurances that he doesn’t watch the market’s daily moves, Trump often tweets within hours of when the U.S. equity market reaches an all-time high. He has tweeted the keyword “stock market” 107 times since his inauguration
Ok so there’s always that time when you just wish so bad you could straight up say whats on your mind, but you know you really shouldn’t, so you don’t. Well leave it up to kids to say exactly what you’re feeling, no hesitation or regret. Check out these kids quotes that say everything you wish you could!
Become a better businessman in 6 steps following this priceless advice from accomplished entrepreneurs.
“Do something you’re very passionate about, and don’t try to chase what is the hot passion of the day.”
Jeff Bezos accentuates having passion for what you are doing, because if you don’t love it you are much more likely to give up. It’s hard to take an idea and turn it into reality, especially by yourself or when people whom you respect tell you it can’t be done. The passion and love you give to your project will determine it’s success rate over time.
“Don’t let people who you may respect and who you believe know what they are talking about tell you that it can’t be done.”
Pierre Omidyarcontinues to say that often they will tell you it can’t be done and that’s only because they don’t have the courage to try it.
“If you know exactly who you want to be, you need to spend as much time [as possible] with people that are actually that already.”
This advice from Gary Vaynerchuk is actually priceless when it comes to success in the business world. Think as well “It’s not what you know but who you know,” and surround yourself with people you look up to. Human’s adapt to their surroundings quickly, and soon you won’t just wantto be an entrepreneur, you will also know how to act like one.
“Come up with 10 new ideas every day.”
Coming up with at least 10 new ideas every day will keep your “idea muscle” in shape, which is critical for an entrepreneur in order to keep going and stay ahead of the fast paced business world. James Altucher continues to say that once you’ve done this for about 6 months you will be an idea machine. New ideas keep passionate projects alive and ensure growth in every direction.
Realize that, “naturally, nobody is interested in your ideas. You have to persuade them, and you have to show them that you are the one person out there that can do it.”
Robert Greene, an American author known for his books on strategy, also says that “no one is really going to help you or give you direction.” Realizing this sooner than others will give you a head start and the ability to stop looking for recognition in others. Instead, you can focus on your passion project and make it perfect, and the world will not be able to ignore it.
Danae Ringelmann’s advice is not something to skip. If you rush your ideas or your product you will be relying on luck more than anything to create success for you. While luck is certainly involved in alot of things, relying on it or betting on it to ‘get big fast’ doesn’t help you become a better businessman. Being proud of what you create, instilling passion into your work, and working hard will ensure success more than anything.