Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search


New E-commerce Technology developed in New Zealand

Press Release
Matthew Van Veen
Ubuy Limited

New E-commerce Technology developed in New Zealand
Monday, 8 December 2003

The Ubuy Shopping Community project is a first for New Zealand in terms of its approach to providing Online Shopping services, creating the perfect marketplace to foster e-commerce in New Zealand’s predominantly small and medium business environment.

Already the website has a diverse number of merchants with hundreds of products ranging from Charlies Orange Juice through to Personalised Puzzles and even Plasma Televisions, making it a perfect destination for Christmas shoppers.

The Community provides free merchant facilities to businesses that register with the site, taking a small commission on every sale. “We believe this creates a win-win business relationship situation” sales Dean Hall, Managing Director of DHD Limited who developed the software for Ubuy, “revenue is only generated by increasing sales for the merchants – so the company is 100% committed to making the perfect selling environment for every merchant.”

All functions of the website have been designed with the New Zealand environment in mind, recognising the unique conditions that small businesses face. “The site is designed to allow even the smallest business to take its first steps into the e-commerce world without the big risk and big dollars” comments Hall. Indeed, the business itself has been development on a shoestring budget with collaboration between Managing Director of Ubuy, Matt Van Veen and Hall, literally crafted out of “late nights and lots of coffee.”

Ubuy believes its strength lies in providing a safe and secure way for increasingly security savvy Internet consumers to buy products online from small merchants. As Ubuy processes the order, and holds the funds till delivery is complete, Hall believes the entire Ubuy system is different to any other similar systems approach in New Zealand and possibly abroad.

“Many times we considered opting for the tried-and-true method of providing e-commerce facilities to business for a fixed fee, but we believe the current cost of selling online was restricting many small businesses from getting involved.”

By providing an independently managed sales transaction Ubuy is able to offer new levels of security to its customers, at the same time as taking the cost and complexity of operating an Internet based credit card facility away from businesses. “There were many other system elements of the system that we hoped to implement, but we found the market just isn’t quite ready for too much change” commented Hall.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>


Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news