Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Buying anything on Amazon? Please use the Geekzone Amazon aff link.


View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 | 3
Hawkes Bay
8481 posts

Uber Geek
+1 received by user: 3

Mod Emeritus
Trusted
Subscriber

  Reply # 190333 18-Jan-2009 10:53 Send private message

nate: I liked Ferrit and am disappointed to see it close.  I liked the fact you could shop from multiple stores, pay at one checkout and receive all the goods in a couple days.  Certainly saved me battling the ridiculous Christmas shoppers and carols.

My query is why did they not sell it to the highest bidder?  Some $$ is better than none, I'm sure someone would've been keen to buy it out.

What was there to sell? Telecom staff? Legal contracts between Telecom and retailers that would probably need to be trashed and re-negotiated from scratch? A web property that really wasnt that special?

Nothing that anyone else couldn't do if they really wanted to...




Visit http://www.thecloud.net.nz for New Zealand based Hosted Exchange, Virtual Servers, Web Hosting, FTP Backup & more.
(1GB free FTP storage, or larger plans from $5.75)
 
 - Setup your own mailserver at home on Ubuntu Server - full step by step howto here.
 - Have you seen this: Nathan "KFC4LIFE" Dunn.


Phil Gale
1097 posts

Uber Geek
+1 received by user: 39

Trusted
Red Jungle
Subscriber

  Reply # 190334 18-Jan-2009 10:58 Send private message

I tend to agree, you'd probably be better off starting from scratch.. the ferrit brand itself has some pretty negative connotations associated with it. If you could 'buy' the relationships with the existing retailers, that would be the only value I could see.




Red Jungle: we make fantastic software

RSS  Twitter  Facebook  Skype

Awesome
4047 posts

Uber Geek
+1 received by user: 591

Trusted
Subscriber

  Reply # 190345 18-Jan-2009 12:16 Send private message

I'm guessing part of the decision to close Ferrit would have been based on sales of the Christmas Shopping period. I wouldn't be surprised if senior management set some targets for this period, and Ferrit's fate came down to these, at least in part.

19 posts

Geek


  Reply # 190349 18-Jan-2009 12:30 Send private message

The main flaw is that there were no incentives to shop there. Why should I go to ferrit and buy from my local towns shops for the same price then pay for shipping as well, when I can simply go to the shop myself sans delivery charges.

They would have had a winner if the prices were cheaper than instore, but then that would be competing with their stores that already do less than desirable turnover as well.


3bit.com
5901 posts

Uber Geek
+1 received by user: 202

Moderator
Trusted
Subscriber

  Reply # 190367 18-Jan-2009 13:48 Send private message

krisby: The main flaw is that there were no incentives to shop there. Why should I go to ferrit and buy from my local towns shops for the same price then pay for shipping as well, when I can simply go to the shop myself sans delivery charges.

They would have had a winner if the prices were cheaper than instore, but then that would be competing with their stores that already do less than desirable turnover as well.


The advantages for someone like me were:
  1. Delivery was free so just as easy as buying instore
  2. I could shop during my lunch break without leaving work, getting more done
  3. At Christmas time, I could buy a variety of gifts from many different retailers and only have to put in my credit card details once.
I'm keen to see who else tries to tackle this space...




3bit.com
5901 posts

Uber Geek
+1 received by user: 202

Moderator
Trusted
Subscriber

  Reply # 190368 18-Jan-2009 13:52 Send private message

tonyhughes: What was there to sell? Telecom staff? Legal contracts between Telecom and retailers that would probably need to be trashed and re-negotiated from scratch? A web property that really wasnt that special?

Nothing that anyone else couldn't do if they really wanted to...


Software, layout, website etc - certainly could be bundled up and on-sold to the next company.  If it was me, I would fire the majority of staff and only keep some core staff and make it a much more user friendly site.

I don't think it would take much to turn Ferrit around, you could build it up and cash up on all the advertising that was done pre-crash and burn.




19 posts

Geek


  Reply # 190409 18-Jan-2009 18:16 Send private message

nate:
krisby: The main flaw is that there were no incentives to shop there. Why should I go to ferrit and buy from my local towns shops for the same price then pay for shipping as well, when I can simply go to the shop myself sans delivery charges.

They would have had a winner if the prices were cheaper than instore, but then that would be competing with their stores that already do less than desirable turnover as well.


The advantages for someone like me were:
  1. Delivery was free so just as easy as buying instore
  2. I could shop during my lunch break without leaving work, getting more done
  3. At Christmas time, I could buy a variety of gifts from many different retailers and only have to put in my credit card details once.
I'm keen to see who else tries to tackle this space...


ah, fair enough, was not aware delivery was free, makes it a bit more acceptable I guess.

Juha
1316 posts

Uber Geek
+1 received by user: 4

Trusted
Subscriber

  Reply # 190411 18-Jan-2009 18:22 Send private message

Originally, Ferrit didn't do free deliveries or offer any particular discounts... they arrived quite late in the game.




19 posts

Geek


  Reply # 190415 18-Jan-2009 18:52 Send private message

I thought so, Nate had me thinking there, that would be why I never went back, after seeing their RRP and then a delivery price I gave up, but I guess once they did offer free delivery it may have been a good idea, but then perhaps also the downfall, as I guess it was a cost they could not afford.

3bit.com
5901 posts

Uber Geek
+1 received by user: 202

Moderator
Trusted
Subscriber

  Reply # 190417 18-Jan-2009 19:07 Send private message

krisby: I thought so, Nate had me thinking there, that would be why I never went back, after seeing their RRP and then a delivery price I gave up, but I guess once they did offer free delivery it may have been a good idea, but then perhaps also the downfall, as I guess it was a cost they could not afford.


I haven't been using Ferrit for ages, but they've had free delivery since I can remember.

I don't think the free delivery was their downfall as goods were posted directly from the retailer, so the retailer would've been footing the bill.  I also remember seeing the charges Ferrit put on the retailers and they were quite high (a base monthly fee, plus a % of the total sale value) - retailers certainly weren't the winners out of listing goods on Ferrit.




2296 posts

Uber Geek
+1 received by user: 222

Trusted
Subscriber

  Reply # 190588 19-Jan-2009 19:29 Send private message

Aww i thought the ferret guy was kinda cute. Except for when he went shopping for his mothers underwear.
Oh wait now i understand.




Ray Taylor
Taylor Broadband (rural hawkes bay)
www.ruralkiwi.com

There is no place like localhost
For my general guide to extending your wireless network Click Here




50 posts

Geek


  Reply # 190938 21-Jan-2009 00:57 Send private message

juha: Ferrit could've worked, with some imagination and vision... truth to be said, Trade Me isn't the greatest online shopping place in the world. It has the numbers now, but that doesn't make it impossible to do something better.

Considering all the fees they lump on the users, along with the ads, I don't understand why people still use it. Charging for uploading photos which are basically free for them to host is rediculious. It's very clearly a "we charge because we can" thing.


BDFL
50199 posts

Uber Geek
+1 received by user: 4747

Administrator
Trusted
Geekzone
Subscriber

  Reply # 190945 21-Jan-2009 05:59 Send private message

hachi:

juha: Ferrit could've worked, with some imagination and vision... truth to be said, Trade Me isn't the greatest online shopping place in the world. It has the numbers now, but that doesn't make it impossible to do something better.

Considering all the fees they lump on the users, along with the ads, I don't understand why people still use it. Charging for uploading photos which are basically free for them to host is rediculious. It's very clearly a "we charge because we can" thing.



Free to host? What about traffic charges and what about storage space? What about servers?

All these things cost money. If they are charging a good price or not is a different story, but they should certainly charge. There isn't a free thing in the technology world.




50 posts

Geek


  Reply # 190963 21-Jan-2009 08:09 Send private message

freitasm:
hachi:

juha: Ferrit could've worked, with some imagination and vision... truth to be said, Trade Me isn't the greatest online shopping place in the world. It has the numbers now, but that doesn't make it impossible to do something better.

Considering all the fees they lump on the users, along with the ads, I don't understand why people still use it. Charging for uploading photos which are basically free for them to host is rediculious. It's very clearly a "we charge because we can" thing.



Free to host? What about traffic charges and what about storage space? What about servers?

All these things cost money. If they are charging a good price or not is a different story, but they should certainly charge. There isn't a free thing in the technology world.

 

There's a reason why I said almost. Charging a good price is what I'm commenting on, and when they charge 55c for a subtitle which would be in the bytes of size, it's silly. Then an extra 25c for a reserve, and then even more if you want to set when the auction ends. They're scrabling for cash. Every time I log on, the fees increase and more are added.


BDFL
50199 posts

Uber Geek
+1 received by user: 4747

Administrator
Trusted
Geekzone
Subscriber

Reply # 190966 21-Jan-2009 08:15 Send private message

hachi: There's a reason why I said almost. Charging a good price is what I'm commenting on, and when they charge 55c for a subtitle which would be in the bytes of size, it's silly. Then an extra 25c for a reserve, and then even more if you want to set when the auction ends. They're scrabling for cash. Every time I log on, the fees increase and more are added.


Well, in this case I agree. I haven't used Trade Me for ages and when I went on to list a couple of items I was surprised to be charged even to specify a reserve.

That's just "Value Added" for you...




1 | 2 | 3
View this topic in a long page with up to 500 replies per page Create new topic




Twitter »
Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





Trending now »

Hot discussions in our forums right now:

Click Monday Deals
Created by mrtoken, last reply by Krishant007 on 24-Nov-2014 17:11 (25 replies)
Pages... 2


Gigatown winner town and plans
Created by freitasm, last reply by joker97 on 27-Nov-2014 08:04 (48 replies)
Pages... 2 3 4


Gull Employment Dispute.
Created by networkn, last reply by Geektastic on 26-Nov-2014 16:35 (142 replies)
Pages... 8 9 10


The Warehouse pulling R18 games and DVD's
Created by semigeek, last reply by mattwnz on 26-Nov-2014 16:13 (56 replies)
Pages... 2 3 4


Lollipop no more
Created by ronw, last reply by kiwitrc on 26-Nov-2014 13:44 (13 replies)

Knock off electronics in The Warehouse
Created by jpoc, last reply by openmedia on 26-Nov-2014 13:01 (13 replies)

Current Netflix payment method as of Nov 14 - Cant pay
Created by andynz, last reply by Dratsab on 26-Nov-2014 17:17 (34 replies)
Pages... 2 3


HP Stream 7 arrives
Created by gnfb, last reply by nathan on 27-Nov-2014 08:34 (21 replies)
Pages... 2



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.

Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.