Another Competitor Poised to Take on Trademe

Another Competitor Poised to Take on Trademe

New shopping and auction site helps non-profits fundraise

8 OCTOBER 2012, AUCKLAND, NEW ZEALAND: USave.co.nz, a new Kiwi-owned shopping and auction site that helps charities, clubs and schools fundraise, will be competing with rival sites Wheedle.co.nz and Listselltrade.co.nz to grab market share away from internet giant Trademe.

USave, which since March of this year has been giving 50% of its sales commissions back to the shopper/seller’s chosen charity, is the brainchild of Kiwi sales people Mark Brown and Steve Harris. Says Mark “We were tired of hearing how Trademe’s record profits are being sent back to their Australian owners year after year – so we developed USave as a Kiwi-owned website that looks after our community!” USave’s goal is to give New Zealanders an alternative online shopping and auction site that benefits the New Zealand community and helps many worthy causes.

USave sells name brand new items in its “New Items” section and pre-loved goods by auction in its “Garage Sale” section. The site has already been tested by the public and is fully operational. It offers a unique point of difference -- a way for New Zealand charities large and small to generate donations each time a supporter sells or buys an item on the site. In addition to 50% of the sales commissions, charities can also earn a $5 donation when a supporter signs on to become a seller, as well as $1 on every purchase over $40 in the New Items section. To date, USave has the support of over 200 well known charities who have registered to receive donations. Schools, Churches and Clubs have also been invited to join USave and give their members a unique way to support their group.

Commenting on the recent entry into the market of two new rivals to TradeMe, Brett Ashmore, a company director and USave’s Brand Developer says, “If Wheedle and ListSellTrade show any success it will convince the public that TradeMe can be taken on . . .with our commitment to help New Zealand charities we believe we can capture the hearts of New Zealanders . . . we know that being cheaper doesn’t always work, look at Sella, they’re free!”

USave also has the support of over 100 merchants listing close to 30,000 products at some unbeatable prices. USave’s sales commissions are fair and priced well below TradeMe. USave’s proprietary My Tracker™ system simplifies the transaction and assures that each sale is completed easily.

The company is looking for investment capital and is poised to capture a percentage of the New Zealand online retail market, currently valued at over $2.9 billion and growing at approximately 12% per year.

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