If current trends continue we will overtake Harvey Norman, currently the largest technology retailer in Australia, within four years. Unlike traditional big retailers, Kogan does not have an exclusive deal with any one distributor. Every day, he says, the biggest distributors around the world bid to fulfil the orders placed by Kogan customers. Kogan has expanded into Britain and set up warehousing infrastructure there, but has no people on the ground.
And our competitive advantages are our systems, our processes, our customer service and how we manage business. The facilities, warehousing, logistics and delivery throughout the country is set up without a single employee there.
He says business leaders need to stop talking down online retail and the great things the internet is doing for commerce. I really do wish they would stop that and start thinking about how to innovate and move their businesses forward, rather than praying for protection and holding back commerce in this country. I did one of the best degrees in Australia for IT [Bachelor of Business Systems information technology at Monash University] and the majority of people I went there with are now overseas.
Kogan says the internet makes information flow more freely and has even overthrown dictators. There are going to be jobs lost in Australian retail no matter what, because the business world changes. Kogan also holds strong opinions about the Australian goods and services tax GST being charged on goods bought online from overseas, a levy demanded of the Australian Government by bricks-and-mortar retailers.
From our point of view, the GST debate is inconsequential. If the strategies of his rivals sometimes bemuse Kogan, the stated intention of the Australian Government to filter the internet infuriates him.
Kogan Mobile has since been cited as having one of the greatest post-launch growth rates recorded. The Kogan. The Statement outlines the measures taken by the Company to reduce the risk of modern slavery occurring in the Company's businesses or its supply chain.
Refer to the Kogan. The Company's success is built off technology and digital efficiency and it is our dedicated team that make it all happen.
The business is dedicated to supporting the growth of our team, with many of the role appointments made coming from internal team promotion within the business. Our team and culture are at the heart of our business operations and a key ingredient in our success. Safety, Health and Wellbeing The safety, health and wellbeing of the Kogan. The business takes all measures necessary to ensure that its team is safe. A COVID-Safe Plan was immediately developed to ensure that our team, suppliers and customers remained as safe as possible during this difficult and unprecedented time.
The health and wellbeing, including mental health, of our team members is imperative. There are various health and wellbeing related activities the team are encouraged to participate in including yoga onsite but also done virtually , pilates, meditation, Kogan. Win customers for life. Use your creativity, imagination and energy to deliver value. Be positive and work as a team. Treat others as you'd like to be treated. Confront the facts, even the hard ones.
Think from first principles. Embrace technology and change. We're changing the way people shop. There is always a better way - challenge the status quo. Being frugal allows us to keep prices low for customers. Ensure merit-based decisions by placing facts at the heart of your processes. Concentrate on real life results and being objective. Always put health and safety first; nothing is more important. Take the short term pain for a long term gain.
Solve problems that need to be solved. Be a doer. Showing - of.
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