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  Reply # 1478762 26-Jan-2016 09:30
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  Reply # 1478776 26-Jan-2016 09:32
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No matter the programming, he'll need deep pockets, a long runway, and a top notch team. But good luck to him, competition in this marketplace is what NZ needs. 

 

I also found this odd: 

 

"Van Ameringen also believes he has created a world first for auction sites with his website.

 

His use of responsive design means the site automatically configures to mobile devices, making it extremely user friendly without the need to download an app."

 

I'm assuming this was a misquote by the media outlet. I think most sites today are responsive, I know ours is. 


 
 
 
 


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  Reply # 1478781 26-Jan-2016 09:37
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I think people need to get fed up enough with TM to consider talking to their friends about it. It's not impossible to break TM's grip on the auction world, I know someone who worked high up in management who commented after they left they thought it was quite a vulnerable business.

 

After these last set of rises, I'm seriously reconsidering. 

 

One thing I'd say was required for success would be to go and approach a particular industry or area for advertising. One idea would be somewhere like Radio controlled gear, see if you can get a few clubs onboard, so it becomes the place to get "rc cars", then move on to the next thing.

 

 


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  Reply # 1478787 26-Jan-2016 09:47
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I agree, they are highly vulnerable, which I why I've staked the farm on it. It's been our experience at Post a Note that people do not tell their friends when they hear about a site. They tell their friends when they sell something. It's taken us three years, but right now we are selling a lot of stuff each month, and that's where our growth really started.

 

We are focused on the free classified model, but if people want an auction site, we have it ready to go. But if we turn on an auction site, it's going to guarantee goods and money, without that, it just seems like a free classified site masquerading as an auction site for money. If we're merely talking about putting person A in touch with person B, there is a much easier way to do that. 

 

Also, if any of you techies have iPhones, check out our new app, I'd love to hear your thoughts on it. Once it's synced with your Post a Note account, it's pretty tight I feel like. 


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  Reply # 1478791 26-Jan-2016 09:54
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NathanW:

 

I agree, they are highly vulnerable, which I why I've staked the farm on it. It's been our experience at Post a Note that people do not tell their friends when they hear about a site. They tell their friends when they sell something. It's taken us three years, but right now we are selling a lot of stuff each month, and that's where our growth really started.

 

We are focused on the free classified model, but if people want an auction site, we have it ready to go. But if we turn on an auction site, it's going to guarantee goods and money, without that, it just seems like a free classified site masquerading as an auction site for money. If we're merely talking about putting person A in touch with person B, there is a much easier way to do that. 

 

Also, if any of you techies have iPhones, check out our new app, I'd love to hear your thoughts on it. Once it's synced with your Post a Note account, it's pretty tight I feel like. 

 

 

 

 

I am an Android user, though honestly I don't use auction sites via a mobile device, so... 

 

I'll register an account. 

 

Personally, I think it's the wrong approach to make something free. People don't value what they get for free, and people who aren't making reasonable money over a period of time lose motivation. I don't think you need to worry that people won't see the value if you simply made your fees VALUE for money rather than cheap. I know the perception is that if people need to pay they won't come, but if you said, first 20 listings free and next 20 listings cost $5 to advertise and sell, that doesn't seem unreasonable. I do think offering paid advertising (such as gallery listings, bigger ad's is reasonable, if the fees are reasonable. 

 

 

 

To me personally, I have less confidence in a business making little or no money, for it's long term so I am less inclined to "get invested".

 

Without fee's it makes providing rewards and promotions difficult, so if I were you, I'd have fees for making your auctions more noticable and set up a referral scheme offering free auction upgrades for signups and listings. Also an easy feedback form you get back to people promptly via. 

 

 


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  Reply # 1478812 26-Jan-2016 10:04
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networkn:

 

NathanW:

 

I agree, they are highly vulnerable, which I why I've staked the farm on it. It's been our experience at Post a Note that people do not tell their friends when they hear about a site. They tell their friends when they sell something. It's taken us three years, but right now we are selling a lot of stuff each month, and that's where our growth really started.

 

We are focused on the free classified model, but if people want an auction site, we have it ready to go. But if we turn on an auction site, it's going to guarantee goods and money, without that, it just seems like a free classified site masquerading as an auction site for money. If we're merely talking about putting person A in touch with person B, there is a much easier way to do that. 

 

Also, if any of you techies have iPhones, check out our new app, I'd love to hear your thoughts on it. Once it's synced with your Post a Note account, it's pretty tight I feel like. 

 

 

 

 

I am an Android user, though honestly I don't use auction sites via a mobile device, so... 

 

I'll register an account. 

 

Personally, I think it's the wrong approach to make something free. People don't value what they get for free, and people who aren't making reasonable money over a period of time lose motivation. I don't think you need to worry that people won't see the value if you simply made your fees VALUE for money rather than cheap. I know the perception is that if people need to pay they won't come, but if you said, first 20 listings free and next 20 listings cost $5 to advertise and sell, that doesn't seem unreasonable. I do think offering paid advertising (such as gallery listings, bigger ad's is reasonable, if the fees are reasonable. 

 

 

 

To me personally, I have less confidence in a business making little or no money, for it's long term so I am less inclined to "get invested".

 

 

 

 

 

 

Android is live, but not finished. I want it to link with existing accounts, this removes tons of steps. But if you download it, it will update automatically. I'll reach out for feedback then. 

 

I agree that 'free' can put people off, especially with my Canadian/American accent :). However, the money running a free site with 100k+ users is more than reasonable to me. I helped start UsedEverywhere.com which I think got up to several million users in Canada, and I assure you I would not have bet all my money and a few years of my life on a business that loses money. Now, it will not make billions, but neither will most kiwi businesses. Also, Allied Press, one of the oldest and most conservative businesses in New Zealand would not have bought 80% of Post a Note if the business model was not sustainable. At this point, we are over the hump, and planning our northward migration. 

 

Thanks for all the feedback. 


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  Reply # 1478850 26-Jan-2016 10:07
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35 years ago I was contracting as an Electronic New Imported and Second-Hand Consumer Goods Evaluator: checking the condition, looking inside devices for any modifications and any sign of repair and was also in charge of setting the sales price.

 

Success fee in that and all similar outlets was flat 7% regardless of the price.

 

Everything was flying out from the shelves (the price was right) and there were no problem with supply and demand.

 

Nobody complained about the 7%. Everybody was happy.

 

And it was not called Capitalism there and then.

 

I do not mind Trademe charging 7.9%. If they allow now more than 1 photo for free - great! My prices are always right, all customers are happy, 100% positive feedbacks. No worries.

 

 


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  Reply # 1478866 26-Jan-2016 10:32
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NathanW:[snip] but if people want an auction site, we have it ready to go. But if we turn on an auction site, it's going to guarantee goods and money, without that, it just seems like a free classified site masquerading as an auction site for money. [snip]

 

 

You've made this comment a couple of times and to me at least it comes across as a cheap, disingenuous dig at Trademe. I don't expect any auction site (online or bricks and mortar) to do any significant role in guaranteeing goods. Providing a payment processor platform - perhaps.

 

 

 

Cheers - N


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  Reply # 1478873 26-Jan-2016 10:43
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Sorry, I didn't mean it that way. That's just our personal philosophy here. TME is great at what they do, that's why we've never considered getting into the auction world.  


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Wannabe Geek
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  Reply # 1479520 27-Jan-2016 03:12
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Presumably this thread is about the increase in TM fees so any comments regarding this, be they opinion or fact, seem perfectly legitimate. Note: Fact is generally preferable to opinion. Apologies can be left for claims proven to be unsubstantiated or comments considered insulting. I don't buy the idea that a large corporate or business cannot argue its own case on its own behalf if it chooses to do so in a public forum that is not moderated by its own PR team and so let not be precious about opinion but encourage good argument. I for one would prefer the discussion to remain civil, free and open.


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  Reply # 1479524 27-Jan-2016 04:46
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 VS


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  Reply # 1479525 27-Jan-2016 04:48
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Just on the issue of fees... yes, the increases are for the most part typically small ... or are they? More on this below. Regardless, to be seem to be legitimate and real operating costs then such incremental and regular increases to any business charges should be justifiable and not arbitrary, solely based on shaping revenue because of a market monopoly. You do not have to look far to see how this work in the present supermarket duopoly or the former telecommunications monopoly/duopoly. True competition requires three or more (fully independent) players and while TM fills a legitimate and worthwhile gap in the market of trading goods (both new and secondhand) holds a monopoly in this aspect and therefore only has to balance what it's shareholders demand (return on investment) with what its customers (primarily concerning sellers) will accept in terms of reasonable and acceptable fees for both listing and sales success.

 

Just FTR, for those who may be interested in a comparison of two most recent fees changes for general listings, the fees increases announced in September 2012 (effective Oct 2012) and January 2016 (effective February 2016) were/are:

 

 

 

And just for direct comparison...

 

Oct/Sep 2012 fee changes

 

 

Jan/Feb 2016 fee changes:

 

 

You may draw your own conclusions as to why the fees have been shaped this way but one could presume that it is because of sale success analysis that aims to gain leverage from specific sales ranges that will generate (or maintain) revenue. In that case totally understandable. Otherwise, the only question I have with annual/bi-annual fee increases that are higher than inflation is what is added value comes with those changes. If it's a free photo or two then I'm perfectly happy with the status quo and paying for these when I require them. If it is enhanced web site, then equally good, assuming that it is in fact an improvement and I personally feel like the site hasn't changed much for the better in recent times (e.g. the annoying default hidden bidder history). Perhaps if they made some of these changes user-configurable options then it would be a step in the right direction.

 

I should note that while private sellers probably still make up a significant percentage of TM's sales customers, business traders possibly compete with this by sales turnover volume (does anyone know the real figures here?) and are able to negotiate the published listing and success fees.

 

But back to the fee increases, back in March 2012, TM increased Motor Listing and success fees (with listing fees increasing by as much as 30%) while way back in June 2010 TM must have liked the increased uptake of its Job Listing engine so much (doubling) by increasing its listing fees by 30-40%.

 

"On 1 July, the cost to list a job will increase from $99 to $129 (incl. GST). We are also increasing the price of job packs, and the cost to feature a casual or job pack listing will rise from $49 to $69 (incl. GST).

This is our first price increase in nearly two years, and across that time both traffic to the site and average applications per job have more than doubled."

 

In the meantime, TM will continue to tinkle and the sellers and buyers will for the most part just resign themselves to the fact that the biggest market audience is presently held by a monopoly and the appeal of auctions is no doubt still a factor which appeals to both buyers and sellers who are respectively seeking a bargain/profit. So as new players enter the market they continue to be faced with these and other obstacles and they should be thinking not just of duplication but adding value if they are seriously about taking over some of the market share in this area of online trading. It's not going to happen overnight but it might still happen...


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  Reply # 1488095 9-Feb-2016 14:26
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freitasm: I sell almost everything (electronic) here on Geekzone, usually in minutes.

 

 

 

Is that something everyone can do? 





Bill Bennett www.billbennett.co.nz @billbennettnz


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  Reply # 1488097 9-Feb-2016 14:33
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billbennett:

 

freitasm: I sell almost everything (electronic) here on Geekzone, usually in minutes.

 

 

 

Is that something everyone can do? 

 

 

 

 

I don't see why not...? Through the offers and wanted forum: 

 

http://www.geekzone.co.nz/forums.asp?forumid=77

 

 

 

I've sold and bought a number of things, usually with no issues. 


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