The Opportunity Economy study reveals two thirds (64 per cent) of Small and Medium e-Businesses (SMeBS) are optimistic about their growth prospects over the next 12 months. South Australia tops the list of optimistic states, followed by Victoria, New South Wales, Queensland and Western Australia.
Findings show that regional SMeBS are helping to drive the Australian export economy with 19 per cent reaching 40 per cent or more sales via exporting vs. just 2 per cent for businesses in metro areas.
eBay's platform is reducing barriers for SMeBs by helping to:
Disrupt - Bondi, New South Wales
Disrupt is an online business that allows users to customise and personalise their action sports equipment. Founded by Gary Elphick, the concept for Disrupt was born from his time as a surf and snowboard instructor and has turned from a small operation selling surfboards, to a worldwide company with offices in both the UK and USA. Being on eBay gave Disrupt an automatic audience and was a key factor in extending their international reach beyond traditional trade routes, as Gary and his team could make their product visible to customers on every continent. Exports now account for over 30% of Disrupt’s sales, with consumer engagement across the globe including Mexico, Italy Portugal, Israel and New Zealand.
Ivory & Deene - Summerhill, Tasmania
Ivory & Deene is an online luxury homewares retailer founded by Ruby and Peter Hodgman. What started as a side project for the pair who sold second hand items from around their home for additional income, has turned into a full time operation. Ruby and Peter now focus on Ivory & Deene full-time, sourcing and branding their own range of products. Exports now account for over 20 per cent of Ivory and Deene’s sales, with the duo pleasing customers in over 20 countries worldwide in locations as far as the United States and Europe.