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	<title>Comments on: Ferrit should not close down</title>
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	<link>http://lancewiggs.com/2009/01/13/ferrit-should-not-close-down/</link>
	<description>NZ Internet, Media and Business</description>
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		<title>By: royaphymairty</title>
		<link>http://lancewiggs.com/2009/01/13/ferrit-should-not-close-down/#comment-26725</link>
		<dc:creator><![CDATA[royaphymairty]]></dc:creator>
		<pubDate>Tue, 21 Jun 2011 20:32:14 +0000</pubDate>
		<guid isPermaLink="false">http://lancewiggs.com/?p=1329#comment-26725</guid>
		<description><![CDATA[Hello all! I like this forum, i found numberless inviting people on this forum.!!!               
              
Large Community, respect all!]]></description>
		<content:encoded><![CDATA[<p>Hello all! I like this forum, i found numberless inviting people on this forum.!!!               </p>
<p>Large Community, respect all!</p>
]]></content:encoded>
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		<title>By: Harvey Kane</title>
		<link>http://lancewiggs.com/2009/01/13/ferrit-should-not-close-down/#comment-11847</link>
		<dc:creator><![CDATA[Harvey Kane]]></dc:creator>
		<pubDate>Sun, 08 Feb 2009 08:18:40 +0000</pubDate>
		<guid isPermaLink="false">http://lancewiggs.com/?p=1329#comment-11847</guid>
		<description><![CDATA[Ferrit were spending megabucks on Adwords each month - showing up first place for basically every product-related phrase under the sun. But their organic SEO was all but completely ignored. Yes, they did make improvements over time but it seemed to be too little too late.

I agree with Lance in that a couple of developers should be plenty to keep a site like this going. Do the TradeMe thing and develop good systems that don&#039;t require too much human interaction. Focus on good organic SEO instead of paid search marketing. Focus on user experience etc, and do the whole thing on a tight budget so that getting a ROI out of the site is actually achievable. With the costs Ferrit were clocking up, they never really had a chance of getting any ROI. How can you make any money when you have a few dollars margin on a product, and you are paying a few dollars a click for advertising?

The domain is in a good position now to be picked up by someone who can revamp it and create some buzz. It should be easy enough to get a list of honest complaints/feedback from retailers and customers (just ask them). If someone revamped the site with this feedback in mind, it would generate buzz in the media and the project would have a chance.]]></description>
		<content:encoded><![CDATA[<p>Ferrit were spending megabucks on Adwords each month &#8211; showing up first place for basically every product-related phrase under the sun. But their organic SEO was all but completely ignored. Yes, they did make improvements over time but it seemed to be too little too late.</p>
<p>I agree with Lance in that a couple of developers should be plenty to keep a site like this going. Do the TradeMe thing and develop good systems that don&#8217;t require too much human interaction. Focus on good organic SEO instead of paid search marketing. Focus on user experience etc, and do the whole thing on a tight budget so that getting a ROI out of the site is actually achievable. With the costs Ferrit were clocking up, they never really had a chance of getting any ROI. How can you make any money when you have a few dollars margin on a product, and you are paying a few dollars a click for advertising?</p>
<p>The domain is in a good position now to be picked up by someone who can revamp it and create some buzz. It should be easy enough to get a list of honest complaints/feedback from retailers and customers (just ask them). If someone revamped the site with this feedback in mind, it would generate buzz in the media and the project would have a chance.</p>
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	<item>
		<title>By: Blue Horn Ltd &#187; Game over for Telecom&#8217;s ferrit.co.nz</title>
		<link>http://lancewiggs.com/2009/01/13/ferrit-should-not-close-down/#comment-11734</link>
		<dc:creator><![CDATA[Blue Horn Ltd &#187; Game over for Telecom&#8217;s ferrit.co.nz]]></dc:creator>
		<pubDate>Sat, 17 Jan 2009 00:25:43 +0000</pubDate>
		<guid isPermaLink="false">http://lancewiggs.com/?p=1329#comment-11734</guid>
		<description><![CDATA[[...] blogger commented that although it is not a successful business, Ferrit should not close down. I agree to some degree, it costed Telecom NZD $30m to setup, and it&#8217;s only been three [...]]]></description>
		<content:encoded><![CDATA[<p>[...] blogger commented that although it is not a successful business, Ferrit should not close down. I agree to some degree, it costed Telecom NZD $30m to setup, and it&#8217;s only been three [...]</p>
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	<item>
		<title>By: 5556mall</title>
		<link>http://lancewiggs.com/2009/01/13/ferrit-should-not-close-down/#comment-11721</link>
		<dc:creator><![CDATA[5556mall]]></dc:creator>
		<pubDate>Tue, 13 Jan 2009 20:49:02 +0000</pubDate>
		<guid isPermaLink="false">http://lancewiggs.com/?p=1329#comment-11721</guid>
		<description><![CDATA[If someone does buy Ferrit let us know (http://5556mall.co.nz) and we&#039;ll help you by adding you to our service. Then people will be able to text in the product that they are looking for and get back that they can buy it from Ferrit or the Supplier stores and how much it costs.

We&#039;ll add $1 to the pool of &quot;investors&quot; if we can get personally introduced to each of the individual stores.]]></description>
		<content:encoded><![CDATA[<p>If someone does buy Ferrit let us know (<a href="http://5556mall.co.nz" rel="nofollow">http://5556mall.co.nz</a>) and we&#8217;ll help you by adding you to our service. Then people will be able to text in the product that they are looking for and get back that they can buy it from Ferrit or the Supplier stores and how much it costs.</p>
<p>We&#8217;ll add $1 to the pool of &#8220;investors&#8221; if we can get personally introduced to each of the individual stores.</p>
]]></content:encoded>
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		<title>By: Sol</title>
		<link>http://lancewiggs.com/2009/01/13/ferrit-should-not-close-down/#comment-11720</link>
		<dc:creator><![CDATA[Sol]]></dc:creator>
		<pubDate>Tue, 13 Jan 2009 20:44:54 +0000</pubDate>
		<guid isPermaLink="false">http://lancewiggs.com/?p=1329#comment-11720</guid>
		<description><![CDATA[Hi Alistair

Since you brought up some good points, I thought I&#039;d respond.  I agree with most of your points, and the methods you mention are indeed valuable, if not essential, aspects to any serious online presence.  

However, I think that you&#039;re being unrealistic to simply rely on them alone, for they are only part of an overall strategy.

Good communication and smart marketing are still valid methods for spreading the word about your products and services (I am not referring to spam that clogs up the entire network and promises larger and longer pleasure!)

Television works. Radio works. Print media works. And OPT-IN email works.  If you think it doesn&#039;t or that it&#039;s not a valid method of marketing, then I would suggest you look at the many and varied businesses that utilise it.  One day is a prime example.  Ferrit also, but here&#039;s the crucial factor: the online presence has to actually be simple, user friendly and interesting enough to actually engage your audience once they decide to visit!

I&#039;m not saying that our website www.boomskateboarding.com has all the answers, but certainly our numbers suggest that we are on the right track (always room for improvement, I&#039;m sure you&#039;d agree!)

SEO optimisation is one thing, but a loyal email database is something entirely different.  My comment above about buying the Ferrit database was largely tongue in cheek, but perhaps that didn&#039;t come across!]]></description>
		<content:encoded><![CDATA[<p>Hi Alistair</p>
<p>Since you brought up some good points, I thought I&#8217;d respond.  I agree with most of your points, and the methods you mention are indeed valuable, if not essential, aspects to any serious online presence.  </p>
<p>However, I think that you&#8217;re being unrealistic to simply rely on them alone, for they are only part of an overall strategy.</p>
<p>Good communication and smart marketing are still valid methods for spreading the word about your products and services (I am not referring to spam that clogs up the entire network and promises larger and longer pleasure!)</p>
<p>Television works. Radio works. Print media works. And OPT-IN email works.  If you think it doesn&#8217;t or that it&#8217;s not a valid method of marketing, then I would suggest you look at the many and varied businesses that utilise it.  One day is a prime example.  Ferrit also, but here&#8217;s the crucial factor: the online presence has to actually be simple, user friendly and interesting enough to actually engage your audience once they decide to visit!</p>
<p>I&#8217;m not saying that our website <a href="http://www.boomskateboarding.com" rel="nofollow">http://www.boomskateboarding.com</a> has all the answers, but certainly our numbers suggest that we are on the right track (always room for improvement, I&#8217;m sure you&#8217;d agree!)</p>
<p>SEO optimisation is one thing, but a loyal email database is something entirely different.  My comment above about buying the Ferrit database was largely tongue in cheek, but perhaps that didn&#8217;t come across!</p>
]]></content:encoded>
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	<item>
		<title>By: Alistair Helm</title>
		<link>http://lancewiggs.com/2009/01/13/ferrit-should-not-close-down/#comment-11716</link>
		<dc:creator><![CDATA[Alistair Helm]]></dc:creator>
		<pubDate>Tue, 13 Jan 2009 07:42:58 +0000</pubDate>
		<guid isPermaLink="false">http://lancewiggs.com/?p=1329#comment-11716</guid>
		<description><![CDATA[Have we not learnt that email databases are web 1.0 - what you want is the content and usability which makes people evangelise and thereby refer about your business / website. I would much rather have rich content that can be presented in an enagaging and appealing manner add a touch of smart SEO and SEM with a dash of SMM and you can beat 100,000 email addresses in a matter of weeks!

Intruding on people with email is not the future, it is just another form of TV style shotgun advertising.]]></description>
		<content:encoded><![CDATA[<p>Have we not learnt that email databases are web 1.0 &#8211; what you want is the content and usability which makes people evangelise and thereby refer about your business / website. I would much rather have rich content that can be presented in an enagaging and appealing manner add a touch of smart SEO and SEM with a dash of SMM and you can beat 100,000 email addresses in a matter of weeks!</p>
<p>Intruding on people with email is not the future, it is just another form of TV style shotgun advertising.</p>
]]></content:encoded>
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	<item>
		<title>By: Sol</title>
		<link>http://lancewiggs.com/2009/01/13/ferrit-should-not-close-down/#comment-11714</link>
		<dc:creator><![CDATA[Sol]]></dc:creator>
		<pubDate>Tue, 13 Jan 2009 03:03:53 +0000</pubDate>
		<guid isPermaLink="false">http://lancewiggs.com/?p=1329#comment-11714</guid>
		<description><![CDATA[I&#039;d like to add my $3 for the bid.

I bagsey director of databases ! (lemme get my hands on them 100,000 email addresses :-)

I wonder how many of the Telecom employees will get &quot;re-assimilated&quot; into the mother ship??

We looked at selling our skate hardware and clothing on Ferrit - it was such a clunky site and a very clunky back-end.  I&#039;m not suprised it fell over.... still, it&#039;s a shame for the e-commerce image....]]></description>
		<content:encoded><![CDATA[<p>I&#8217;d like to add my $3 for the bid.</p>
<p>I bagsey director of databases ! (lemme get my hands on them 100,000 email addresses :-)</p>
<p>I wonder how many of the Telecom employees will get &#8220;re-assimilated&#8221; into the mother ship??</p>
<p>We looked at selling our skate hardware and clothing on Ferrit &#8211; it was such a clunky site and a very clunky back-end.  I&#8217;m not suprised it fell over&#8230;. still, it&#8217;s a shame for the e-commerce image&#8230;.</p>
]]></content:encoded>
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	<item>
		<title>By: Sam Law</title>
		<link>http://lancewiggs.com/2009/01/13/ferrit-should-not-close-down/#comment-11712</link>
		<dc:creator><![CDATA[Sam Law]]></dc:creator>
		<pubDate>Tue, 13 Jan 2009 02:58:08 +0000</pubDate>
		<guid isPermaLink="false">http://lancewiggs.com/?p=1329#comment-11712</guid>
		<description><![CDATA[I agree with everything up to the wellington part, why people think you need to be a specific location to be a successful business is beyond me.

Awesome post even if I disagree with the last point :)]]></description>
		<content:encoded><![CDATA[<p>I agree with everything up to the wellington part, why people think you need to be a specific location to be a successful business is beyond me.</p>
<p>Awesome post even if I disagree with the last point :)</p>
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	<item>
		<title>By: Juha</title>
		<link>http://lancewiggs.com/2009/01/13/ferrit-should-not-close-down/#comment-11711</link>
		<dc:creator><![CDATA[Juha]]></dc:creator>
		<pubDate>Tue, 13 Jan 2009 02:40:58 +0000</pubDate>
		<guid isPermaLink="false">http://lancewiggs.com/?p=1329#comment-11711</guid>
		<description><![CDATA[Hmm... with my dollar and Miki&#039;s 50c, the Ferrit buyout fund stands at $2.50 now. We can pay salaries!]]></description>
		<content:encoded><![CDATA[<p>Hmm&#8230; with my dollar and Miki&#8217;s 50c, the Ferrit buyout fund stands at $2.50 now. We can pay salaries!</p>
]]></content:encoded>
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		<title>By: Miki</title>
		<link>http://lancewiggs.com/2009/01/13/ferrit-should-not-close-down/#comment-11707</link>
		<dc:creator><![CDATA[Miki]]></dc:creator>
		<pubDate>Mon, 12 Jan 2009 23:42:01 +0000</pubDate>
		<guid isPermaLink="false">http://lancewiggs.com/?p=1329#comment-11707</guid>
		<description><![CDATA[Great assessment - would probably add one more which is focus on a small number of shopper categories, build some confidence in these before trying to service every type of product category.

I got 50 cents if you want to go in 50/50]]></description>
		<content:encoded><![CDATA[<p>Great assessment &#8211; would probably add one more which is focus on a small number of shopper categories, build some confidence in these before trying to service every type of product category.</p>
<p>I got 50 cents if you want to go in 50/50</p>
]]></content:encoded>
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