Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Estaronline Signs Two Year Exclusive With Telstra

On the eve of listing its shares on the Stock Exchange Secondary Board, EstarOnline has signed a two year exclusive deal with a prime hyperlink connection on the home page of Telstra's Internet Service Provider, Big Pond. EstarOnline's site is the only virtual music store on the home page, which is currently being accessed over ten million times per month, giving it enormous exposure via Australia's largest Internet Service provider. Their exclusive spot is secured for two years.

"We are the newest online music store in the Australian marketplace, and we are the only virtual music store with a spot on the home page. It's a great opportunity for both EStarOnline, and New Zealand internet companies in general, to have this sort of access to the Australian market place," said Matthew Darby, Chief Executive of EstarOnline.

EStarOnline hopes to capitalise on the skyrocketing share of retail business being conducted online - particularly in New Zealand and Australia. "ecommerce is the wave of the future - and we're already riding it," says Mr Darby.

"There are significant advantages in providing a local product in the Australasian market. Consumers can use the power and simplicity of Internet shopping, but buy in their own currency, with quicker and cheaper delivery. We also tailor our site for customers. For example, in CDStar, customers can share their views about the music, and bands can submit details about their tours," he said.

"The Australian market is more than ready for CDStar. Industry analysts say that Australian consumers purchased more than $10 million worth of compact discs over the internet last year and that amount is expected to double this year. CDStar intends to secure a big share of that market," said Mr Darby.

EstarOnline will start trading on the stock exchange secondary board on the 14th of November.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Stats: Auckland’s Population Falls For The First Time
In the wake of the COVID-19 pandemic, New Zealand’s population growth slowed down with Auckland recording a population decline for the first time ever, Stats NZ said today. “New Zealand saw slowing population growth in all regions... More>>

BusinessNZ: Third Snapshot Report Reveals $9.5 Billion Business Investment In Climate Action

Signatories to the Climate Leaders Coalition have committed to invest $9.5 billion over the next five years to reduce emissions from their businesses, as revealed in their third anniversary snapshot report released today... More>>

Digitl: The home printer market is broken
Printers are more of a security blanket that a serious aid to productivity. Yet for many people they are not optional.
Even if you don’t feel the urge to squirt ink onto dead trees in order to express yourself, others will insist on printed documents... More>>

Retail NZ: Some Good News In COVID Announcements, But Firm Dates Needed

Retail NZ is welcoming news that the Government is increasing financial support for businesses in light of the ongoing COVID-19 lockdown, and that retail will be able to open at all stages of the new “Covid Protection Framework... More>>

ComCom: Companies In Hot Water For Selling Unsafe Hot Water Bottles And Toys

A wholesaler and a retailer have been fined a total of $140,000 under the Fair Trading Act for selling hot water bottles and toys that did not comply with mandatory safety requirements. Paramount Merchandise Company Limited (Paramount) was fined $104,000 after pleading guilty in the Manukau District Court... More>>

Reserve Bank: Robust Balance Sheets Yield Faster Economic Recovery

Stronger balance sheets for households, businesses, financial institutions and the government going into the pandemic contributed towards maintaining a sound financial system and yielding a faster economic recovery than following previous deep recessions... More>>