Category: ‘Digital Economy’

Australian Online Group Buying Market Update Q2 2012

The Telsyte Australian online group buying report (Q2 2012) shows the group buying industry generated $117 million in Q2 2012 – a 5 per cent decline from the previous quarter indicating signs the industry is stabilising following two quarters of double digit decline. During the past 18 months, the industry had rapidly shifted away from local service-based type deals – including food, dining and health deals – to national deals focusing on travel and physical products. ...

Australian Online Group buying Market Update Q1 2012

After unprecedented growth for the past 24 months, the Australian group buying market is showing signs of maturity with more innovation needed to ensure continued strong growth. The group buying industry generated $123.5 million in Q1 2012 representing a 72 per cent growth over the same period last year. Despite the phenomenal growth, the market contracted by 14 per cent on last quarter due to retail seasonality, reduction in overall number of market participants and reduction ...

Australian Digital Retail Study 2011-2015

March 01, 2012  |   All Reports, Digital Economy, Digital Retail

The Australian digital retail industry is booming with consumers spending $15.9 billion on Internet shopping in 2011, representing 64 per cent growth over 2010, with the main growth driver being demand for discounted offerings. Retailers are now responding to the opportunity with a flurry or initiates including more online discounts and deals, mobile apps and group buying. In one of the largest local market studies of its type, Telsyte surveyed more than 1100 Australian consumers and covered ...

Australian Digital Goods and Subscriptions Market 2011-2015

About this study The Telsyte Digital Goods and Subscriptions Market 2011-2015 report provides estimates and four year forecasts to client organisations. Telsyte has measured 26 unique markets and provided detailed forecast assumptions for segment. Telsyte conducted more than 2100 interviews with consumers over two years to determine spend and intentions across all measured categories. A comprehensive taxonomy was developed to ensure discrete markets are measured. Segments measured include:  Internet music - downloads  Internet music - streaming subscriptions  ...

Australian online group buying study 2011-2015

November 01, 2011  |   All Reports, Digital Economy, Online Group Buying

Australians continue to have a zest for online group buying deals with the market growing to be worth $498 million in 2011, according to local emerging technology analyst firm Telsyte. Since commencing in 2010 group buying has grown to become a half a billion dollar local industry with some 5000 deals published and an average of 1 million vouchers sold each month. Telsyte expects the group buying market to grow an additional 30 per cent in 2012, ...

Australian Online Group Buying Market Update Q3 2011

October 05, 2011  |   All Reports, Digital Economy, Online Group Buying

A new market report published today by Telsyte shows that multi-national group buying sites are driving strong industry growth with LivingSocial and Groupon growing 75% and 118% in the quarter, respectively. The group buying market grew from $123.9 million in Q2 2011 to $158.5 million in Q3 2011 representing a quarter-on-quarter increase of 28%. The travel category has also contributed to market growth this quarter. Travel deals now account for 24% of total market revenue making ...

Australian online group buying merchant study 2011

September 01, 2011  |   All Reports, Digital Economy, Online Group Buying

Australian businesses are increasingly using group buying as a way to attract customers with the industry growing 72% every quarter to be worth about $400 million by the end of the year. With some 4,000 published deals and 1 million vouchers sold every month from 70 group buying sites across Australia, the uptake of group buying amongst merchants has never been stronger, but as many 90% of local business are yet to trial the new form ...

Australian Online Group Buying Market Update Q2 2011

The market grew from $71.8 million in Q1 2011 to $123.9 million in Q2 2011, a quarter-on-quarter increase of 72%. The market is on track to reach or exceed $400 million by the end of 2011. Consumers have been quick to take up the barrage of offers, with over 2.6 million vouchers sold in Q2 2011. The average number of vouchers sold per month in Q2 2011 was just under 900,000 and is likely to exceed ...

Australian Online Group Buying Study Q1 2011 Update

The Australian online group buying market grew from $45 Million in Q4 2010 to $73 Million in Q1 2011. This represents a quarter-on-quarter increase of 62%. The revenues generated in Q1 2011, exceeded the full year 2010 industry revenues of $63 Million. The number of market participants measured has grown from 20 in 2010 (6 large and 14 small), to 30 (5 large, 8 medium, 7 small). Increased confidence in the Australian market has seen global ...