“I wanted the Temando story to inspire future entrepreneurs, and help build a community of Australian business leaders that thrives on celebrating and supporting each other through their various innovations.”
We’ve all been there: spent time browsing an online store and adding things to the cart only to get to checkout, see shipping will cost twice the price of the entire cart, and click the ‘x’ out of that tab so fast even Usain Bolt is impressed. According to the 2017 State of Shipping in […]
Temando’s software aggregates courier services to help both consumers and retailers compare their shipping options. CEO Carl Hartmann says expensive and complicated postage arrangements is the number 1 reason consumers don’t complete a sale and the figure for abandonment stands at between 60-80% depending on the industry.
As I have stated many times in the last 12 months, the current opportunities in the ecommerce sector are plentiful. The B2C ecommerce space alone is set to hit $2 trillion this year, and this has enabled startups offering solutions that support the growth of this space to become very valuable commodities.
The rhetoric this week was that Neopost’s sizeable investment of $50 million into Brisbane founded freight quoting and booking startup Temando, was a coup for the Australian startup. I couldn’t disagree more.