Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Gifts that keep on giving hit Trade Me

Media Release
26 December 2012

Gifts that keep on giving hit Trade Me

The Boxing Day ritual that sees thousands of Christmas presents re-emerge on Trade Me is under way, as Kiwis seek to find a new home for unwrapped items they don’t like, won’t use, or already have.

More than 20,000 items had landed on Trade Me since lunchtime on Christmas Day, and spokesman Paul Ford said the online marketplace provided people with an opportunity to recycle a gift, and make some pocket money along the way.

“Yesterday most of us will have received at least one gift that made us groan inwardly, but if you can’t exchange it then selling it to someone who genuinely wants it is often a better option than hiding it in the back of the wardrobe, sending it off to the dump, or awkwardly passing it on at Christmas next year.”

Mr Ford said there were “regular offenders” that routinely turned up onsite having missed the mark on Christmas Day. “These are often over-ambitious purchases on the lingerie front by both men and women, and items like books, ties, handbags and kitchen appliances all commonly crop up.”

A British poll had named the Fifty Shades of Grey book trilogy as the least popular Christmas gift, followed by Olympics and weight loss DVDs, and onesie jumpsuits. “We’ll be keeping a close eye out for these items on Trade Me over the next few days, as they sound like decent contenders for the Kiwi ‘not hot’ list too,” Mr Ford said.

The social taboo about recycling unwanted presents still remained, but was felt more keenly by gift receivers than by gift givers, according to research from the London Business School. “Receivers often over-estimate how offensive regifting is to the initial giver,” Mr Ford said. “But for givers, selecting and offering a gift is much more important than getting bitter and twisted about what happens to it after it’s been unwrapped.”

For those who still had an attack of the guilts, Mr Ford said Trade Me provided a veil of anonymity. “Unless you’ve been broadcasting your member name to the people who gave you presents yesterday, you’re a good chance of selling your unwanted item to a happy buyer at the other end of the country without getting noses out of joint.”

Recycling gifts: 3 hot tips

1. If you’re selling, include the words “unwanted gift” in your listing to make it easy for buyers. It was one of the top searches onsite last December.
2. Don’t sell handmade items, especially if your name is carved, embroidered or etched on the side.
3. Only sell brand new items, and keep the packaging as intact as possible.
-ends-

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Equity Crowd Funding Carries Risks, High Failure Rate

Equity crowd funding, which became legal in New Zealand this month, comes with a high risk of failure based on figures showing existing forays into social capital have a success rate of less than 50 percent, one new entrant says. More>>

ALSO:

Scoop Business: NZ Migration Rises To 11-Year High In March

The country gained a seasonally adjusted 3,800 net new migrants in March, the most since February 2003, said Statistics New Zealand. A net 400 people left for Australia in March, down from 600 in February, according to seasonally adjusted figures. More>>

ALSO:

Hugh Pavletich: New Zealand’s Bubble Economy Is Vulnerable

The recent Forbes e-edition article by Jesse Colombo assesses the New Zealand economy “ 12 Reasons Why New Zealand's Economic Bubble Will End In Disaster ”, seems to have created quite a stir, creating extensive media coverage in New Zealand. More>>

ALSO:

Thursday Market Close: Genesis Debut Sparks Energy Rally

New Zealand stock rose after shares in the partially privatised Genesis Energy soared as much as 18 percent in its debut listing on the NZX, buoying other listed energy companies in the process. Meridian Energy, MightyRiverPower, Contact Energy and TrustPower paced gains. More>>

ALSO:

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Houses (& Tobacco) Lead Inflation: CPI Up 0.3% In March Quarter

The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays. More>>

ALSO:

Notoriously Reliable Predictions: Budget To Show Rise In Full-Time Income To 2018: English

This year’s Budget will forecast wage increases through to 2018 amounting to a $10,500 a year increase in average full time earnings over six years to $62,200 a year, says Finance Minister Bill English in a speech urging voters not to “put all of this at risk” by changing the government. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news