Trade me dating


10-May-2019 23:18

e Bay tried to enter the New Zealand market in 2001, but had little success.Trade Me has remained the major Internet-auction site in New Zealand, with both international and smaller national competitors gaining relatively little market penetration.Morgan, then 23 years old, decided to found the Trade Me site when, despite searching online, he could not find a heater for his flat in Wellington.The Trade & Exchange site had a heater for sale, but held back listings for a week before publishing them online, and by the time Morgan made contact with the heater's owner, the item in question had already sold.

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In addition, Trade Me initially offered a completely free service for both buyers and sellers, a strategy for expanding its member base at the cost of short-term revenue.Morgan commented on e Bay's attempt to penetrate the New Zealand market in an interview: "...I think there are big cultural issues there that are just not well understood.Anyway, there was nothing to do, so that night I started drawing a data model. Then when I came back to Wellington I literally sat on the couch and built the site on a laptop over a five- or six-week period." In its early stages Morgan humorously listed Trade Me for sale on e Bay with a

In addition, Trade Me initially offered a completely free service for both buyers and sellers, a strategy for expanding its member base at the cost of short-term revenue.

Morgan commented on e Bay's attempt to penetrate the New Zealand market in an interview: "...

I think there are big cultural issues there that are just not well understood.

Anyway, there was nothing to do, so that night I started drawing a data model. Then when I came back to Wellington I literally sat on the couch and built the site on a laptop over a five- or six-week period." In its early stages Morgan humorously listed Trade Me for sale on e Bay with a $1 million buy-now price.

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In addition, Trade Me initially offered a completely free service for both buyers and sellers, a strategy for expanding its member base at the cost of short-term revenue.Morgan commented on e Bay's attempt to penetrate the New Zealand market in an interview: "...I think there are big cultural issues there that are just not well understood.Anyway, there was nothing to do, so that night I started drawing a data model. Then when I came back to Wellington I literally sat on the couch and built the site on a laptop over a five- or six-week period." In its early stages Morgan humorously listed Trade Me for sale on e Bay with a $1 million buy-now price.

million buy-now price.

Though e Bay withdrew Morgan's auction, the prank sparked some interest among New Zealanders who realized the potential of online trading.This action proved the turning point for Trade Me, saving the site from potential financial disaster.