Business News

Wed Dec 6

Australian health and wellness brand selected by retail giant Amazon

Written by Tess Sanders Lazarus

Online giant, Amazon, has selected Aussie health and wellness brand Renovatio to be one of the few businesses in the sector to include on its Australian site.

According to Dr Vincent Candrawinata (Dr Vincent), founder of Renovatio, producer of the world’s most potent dietary antioxidant made from Australian apples, Amazon is “giving people across Australia access to the world’s leading products in the industry”.

“We are one of the few Australian health and wellness brands that have been selected by Amazon. It is a great opportunity to represent the industry and deliver world class products that are Australian-sourced and owned,” Dr Vincent added.

“Our products are already up and selling on Amazon. We were absolutely ecstatic to have this partnership and be selected from the retail giants themselves.

“It is a wonderful opportunity for Australians to have access to Renovatio products through such an easily accessible platform like Amazon. It isn’t every day that this sort of opportunity presents itself.

“When I was contacted by Amazon to let me know that they had selected Renovatio as a professional seller, there was no question about jumping on board and supplying our products across Australia. We now have the ability to reach and market to consumers that wouldn’t necessarily have been exposed to our products in the past.

“For Amazon to be promoting Australian businesses and brands gives the platform leverage to create more opportunities and partnerships in the future within our country.”

Renovatio’s ‘APSKIN’ antioxidant face cream, is the best seller in its range and is available through Amazon. The product is based on entirely natural Activated Phenolics which are not only made in Australia but also sourced from the best quality Aussie apples.

“Our products use phenolic antioxidants which are a new breed of ‘ultra’ antioxidants that surpass others in their ability to mop up and safely transport free radicals out of the body,” Dr Vincent added.

The Renovatio range of products comprises antioxidants, or activated phenolics as they are better known, and they are 12 times more potent than any other product available on the market worldwide.

“Activated Phenolics is the world’s most potent dietary antioxidant which is a 100% natural broad spectrum antioxidant. These antioxidants are what the body needs on a daily basis to promote health and wellbeing,” Dr Vincent added.

“There are so many products on the market that claim to have fantastic health benefits, however when it comes to antioxidants, they are produced using chemical solvents to extract the compounds. This means they cannot be readily absorbed by the body. This is what the technology I invented alleviates in the process of extracting antioxidants.

“Growing up you are always told ‘an apple a day keeps the doctor away’, and there is truth in that. The phenolic antioxidants in apples do fantastic things for the human body like protecting us from inflammation and cell mutations.

“The world-wide research that shows cell mutations are a leading cause of cancer and other serious degenerative diseases was a major inspiration for me in developing a safe form of phenolic antioxidants.

“The Activated Phenolics dietary products that I have developed are the most potent dietary antioxidants available. They are entirely natural, 100% Australian made and derived from only quality Australian produce. Renovatio promotes vitality, energy and wellbeing.”

After the recent launch of Amazon in Australia, Dr Vincent and the team at Renovatio have already seen an overwhelming response and interest in their products.

“We want to provide our customers with quality products that have been proven to work and allow people to live a strong and healthy life. By hand-picking brands for the website, Amazon is also promoting only the best quality products to Australia,” Dr Vincent added.

“It is all still very surreal that we have been selected but we are looking forward to working with the retail giant and seeing what is in store for the future of not only our products but our connection with the retail giant.”

https://renovatio.com.au

Wed Nov 29

How to Make Sales Forecasting Easy

Written by This article is brought to you courtesy of Spotcap.

This article is brought to you courtesy of Spotcap.

Let’s imagine that your business experiences a 10% rise in customer orders in the upcoming three months. If you haven’t had enough time to prepare, you might not be able to respond appropriately to the increase in demand and run into challenges with managing your work or cash flow.

How do you avoid this type of scenario? By buying time through a sales forecast.

Sales forecasts can have a significant impact on your company’s success. They allow you to predict upcoming changes early enough for you to be able to make the necessary adjustments. While the term may sound intimidating, it isn’t necessarily so - at its core, projecting the future of your business relies on finding repetitive patterns from its performance in the past. Here are three small tips that make the task easier to tackle.

Evaluate your past performance

The first step you need to take is to look at your previous figures. Dive into your accounting records and try to work with numbers that go as far back as possible.

This step is meant to improve your understanding of the ways your sales figures changed across the quarters and what that means for your business. If sales have steadily been growing, then it might be time to consider the need for extra staff or inventory.

Another benefit of evaluating your past performance is discovering seasonal changes. Look for any spikes and drops, especially if they repeat over the years - this can be caused by seasonal factors which you should incorporate in your future plans. Knowing when and why they happen will allow you to strategically adjust. A few helpful questions you may want to ask yourself are:

How were my sales numbers changing - were they growing / decreasing / fluctuating / staying the same?
Are there any particular periods of time that show higher / lower numbers?
Do these changes repeat over the years and what might be causing them?

If you’re working with large amounts of data, visualising the numbers can make it easier to find the patterns you’re searching for. You don’t necessarily need to purchase expensive software for the task, since programs that you most likely already have can get the job done - have a look at how we built a sales forecast template through Excel.

Consider your future prospects

Once you’ve examined your sales’ past performance, you’ve done half of the equation. The next step is to look forward and identify any promising leads. Are there any orders or deals currently being negotiated that you haven’t included in your data? Is there an opportunity that you have been working towards, which can give your business a boost?

While we would not recommend relying too strongly on promises which aren’t set in stone, you shouldn’t entirely ignore them either. Keeping them in mind when you do your sales forecast adds that extra layer of strategic information when you approach major financial decisions.

Be prepared to make adjustments

Keep in mind that a sales forecast can’t give you an exact snapshot into the future. Data will rarely be 100% accurate, but you can turn this to your advantage. For example, if you notice that you’re considerably falling behind on your targets, this can act as a trigger for you to stop and assess the situation.

While researching the reasons for this development, you might be able to discover changes in consumer behavior driven by the appearance of new trends in your industry, or a competitor launching an aggressive marketing campaign that is diverting their attention. Having a sales forecast in this scenario gives you the guide to refer back to and discover these signals.

Overall, use your sales forecast not as the ultimate prediction tool, but rather as a means to evaluate your performance. Take notes of any differences when the numbers don’t match. Did you struggle to meet your targets? Or, vice versa, did you surpass them? Aim to understand the reason behind these developments. With both positive and negative outcomes, ask yourself why it happened. Once you know the ‘why’, you can take measures to either avoid it or make it happen again.