Three Faces of My Red Zebra

Effective Managing
Making More Profit

'Corporate Class' Strategy, Budgeting, Forecasting, & Monthly Monitoring makes sure your profit hit the target. Tap the target.

 
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Making More Sales

Your SME marketing hits the mark with 'Corporate Class' Marketing, Advertising, & On-Line Customer Engagement. Tap the target.

 
Right Recruiting
Gaining More Time

Get the right people. Our 'Corporate Class' Q3 Recruiting is right on target. Add extensive HR services & support. Tap the target.

 

 

Make Measurably More With My Red Zebra

See 'News Clues' Here

 

Monthly Notes - Tap To Make Your Business Better

Management Memos

Clues From The News!

Hints For Business from Today's News Stories

Credit Card Use Declines, as Young Australians Switch to New Methods

You'd know Dun & Bradstreet. Would you know their new name 'Illion'? Their new report indicates a mass-shift in the way Australians finance their purchases.

According to this report, Australian consumers under the age of 30 hold over half of all 'buy now - pay later' accounts, but just 10 per cent of total credit cards.

This changing payments system landscape means that retailers will have to consider offering more payment options.

“With evolving forms of repayments offering consumers more choice in an increasingly fragmented and competitive credit system, Australia is at the tipping point of its credit card cycle,” Illion chief executive Simon Bligh said.

While a majority of under 30s still hold a credit card (57 per cent), the long term trend is changing in favour of BNPL (Buy Now - Pay Later) options.

And what is your business clue from this news? Look at who is buying from you, and plan to add new payment methods ahead of demands from customers!

Contact us to discuss how to integrate your response to these issues into your business - without any obligation.


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