Big Brown Box
Big Brown Box is an online retailer of audio visual products, based in Sydney, Australia.[1] It is an online subsidiary of the Winning family, which own and run Winning Appliances and Appliances Online.
The company specialises in selling LCD, LED and plasmas TVs, Hi-Fi systems, Blu-ray and DVD, home theatre units and radios.
History
An online retail site trading as Big Brown Box was launched by Thorn Group Limited (owners of brands including Radio Rentals and Rentlo) in November 2008. It offered whitegoods, small appliances and electronic products.[2][3]
The site allowed customers to order goods online with Radio Rentals stores facilitating delivery and service of the goods.[4]
At the time, company bosses were confident of its success in the competitive online market, but made it clear they were not pursuing a discounting war strategy, and would in fact take a "sensible and easy approach".[2]
In November 2009, the ASX announcement from Thorn Group Limited noted the BigBrownBox.com.au strategy was "gaining impetus".[5]
In the same report, Thorn Group Managing Director, John Hughes, was quoted as saying: "Big Brown Box is really starting to gain some momentum and it is great to see a good steady increase in sales together with very positive customer feedback, particularly from those people in regional areas."
The company was praised as making an "astounding" debut with its advertising campaigns and exciting viral competition.[6] The site had reached more than 800,000 visits by August 2009.[6]
The early success of the venture led to widespread praise and the business model was analysed as a way of recording impressive growth in the online industry.
Big Brown Box's eBay store was launched in July 2010, and Big Brown Box recorded a score of five out of five star ratings for all eBay seller rating categories (Item Description, Communication, Postage time, and Postage and Handling Charges).[7] It also received a 98.7 per cent positive feedback rating.[7]
In November 2010, the Thorn Group announced it would exit the online venture BigBrownBox.com.au in early 2011 due to difficult trading conditions and the poor state of the retail market.[8]
A statement on the Australian Securities Exchange said the group expected minimal impact on profitability for FY11 and there was potential for far better returns from an alternative investment.
John Hughes told Retailbiz the move was in the best interest of shareholders.[9]
The strength of the Australian Dollar, leading to price deflation, aggressive price competition and softening consumer demand were also identified as reasons for the closure.[10] The move was completed by March 2011.
John Winning, CEO of white goods retailer Appliances Online, purchased the digital asset for Big Brown Box[11] with the aim of it becoming a specialist AV retailer in the online market.
The website stocks brands including Sony, Samsung, Panasonic, Toshiba, TCL, Palsonic, Roberts and Crest.
Big Brown Box is part of the National Associated Retail Traders ofAustralia (NARTA) group, the largest independent electrical buying group in Australia.[1]
Awards
References
- 1 2 About Us, 2014, retrieved 11 March 2014
- 1 2 https://web.archive.org/20120420042553/http://www.current.com.au/2008/11/27/article/New-online-store-Big-Brown-Box-a-Pandoras-Box/ZANJPWRLTM.html. Archived from the original on April 20, 2012. Retrieved October 20, 2011. Missing or empty
|title=(help) - ↑ "Big Brown Box". Cirrus Media Pty Ltd. Retrieved 11 March 2014.
- ↑ https://web.archive.org/20110928020511/http://smarthouse.com.au:80/Content_And_Downloads/Downloads/H6V3G7F7. Archived from the original on September 28, 2011. Retrieved October 20, 2011. Missing or empty
|title=(help) - ↑ "ASX ANNOUNCEMENT" (PDF). Thorn Group Limited. 27 November 2009. Retrieved 11 March 2014.
- 1 2 http://www.internetretailing.com.au/whats-in-the-big-brown-box.html
- 1 2 http://www.onlineshoppingaustralia.com.au/2010/09/big-brown-box-gets-five-star-ratings-at-ebay.html
- ↑ http://www.current.com.au/2010/11/23/article/Thorn-gives-Big-Brown-Box-the-boot-but-company-outlook-is-bright/CIQHJKVZVA
- ↑ http://www.retailbiz.com.au/2010/11/25/article/Thorn-shifts-focus-from-Big-Brown-Box/XPZPBBAECW
- ↑ http://www.smh.com.au/business/big-brown-box-crushed-by-strong-a-20101123-185o1.html
- ↑ http://www.getprice.com.au/Sprvw_1237_Big-Brown-Box.htm
- ↑ http://www.fontis.com.au/blog/announcements/big-brown-box-wins-inaugural-oria
- ↑ http://www.powerretail.com.au/news/big-brown-box-wins-best-site-design/