Know all of Trade Me’s secrets – and get paid for it

Want to get deep inside Trade Me’s engine to understand how it works? Then apply for Trade Me’s Manager – Strategy and Analytics role, and you will know all. Well – you’ll be exposed to the data fire hose anyway, and you’ll use any insights you find to help grow Trade Me. This was the …

NZ’s Superannuation fund ranks highest

Good news, from the WSJ blog: Ted Truman, a former top Federal Reserve and Treasury staffer now at the Peterson Institute for International Economics think tank in Washington, with a scoreboard that ranks 32 sovereign wealth funds from 28 countries on 25 elements in four categories — structure, governance, transparency and accountability and behavior. His …

Expedia.co.nz launches – Good or Bad?

Expedia – the world’s largest travel agent, and a site I used a lot, err, last century, has finally arrived in New Zealand. Here’s a quick review. That’s a mere 11 years after being founded by Microsoft in 1996 – nice to know we are important. It’s a classic case of the big boys discounting …

Dump dumping laws now (and don’t buy Croxley paper)

So Office Max (enterprise value US$4 billion), subsidiary Croxley Stationery, wins a NZ anti dumping case against 15 stationary importers from five South East Asian countries. Apparently selling stuff in New Zealand for cheaper than other markets is bad. The law is an ass – I’d rather have that cheaper stationary thank you, and I’d …

Xero offline is coming. Later.

Buried (ok not really buried, but towards the end) in a post by Rod Drury -is a hint that perhaps Xero will be available offline next year: Next year we’ll see the introduction of off-line functionality inside the standard browsers, so new scenarios start to open up. ….These clients will access the server based logic …

NZInstitute BB report: Digital media benefits are underestimated

Continuing a series of comments on the excellent NZ Institute Broadband report, we turn to page 8: Digital media. NZ Institute estimate $800m in extra benefits, with the tree showing $680m to $1.03bn. Here’s the top half: Let’s look the right hand sides. Current cost base = $2.1 billion. The source for this is unclear, …

Trade Me: one million served

I missed the first time, but it seems Trade Me exceeded 1 miilion listings yesterday, October 13th, according to the TM message board. Right now the site is running at just under 1m, but expect it to steadily grow. Amazing. Meanwhile eBay Australia has  just over 1m items for sale located in Australia. Remember that …

10 ways NZ Government can help NZX

There are more tales of companies leaving the NZX, and the question is asked (via a workshop) whether the Government could step in. I really fail to see what more this Government would materially do to solve for a market that is simply too small. Not that there aren’t any possibilities, just that most would …

Why did xtra go Yahoo! and not MSN?

Mauricio wonders why xtra!Yahoo? I guess one might never know the full story on why Telecom New Zealand decided to terminate the partnership between its Xtra ISP and Microsoft’s MSN content provider here in New Zealand, instead running into the open arms of Yahoo7. I guess not – but MSN’s current offering –  msn.co.nz – …

Is online ad spend in NZ doubling?

The just released IAB report is showing $57.6m in online advertising spend for 1H 2006. That would imply we will hit well over $120-130m for the 2006 calendar year, once you take natural growth and the Christmas season into account. Indeed the IAB is showing over 20% growth from Q1 to Q2, which would imply$145m …

Hint: put the price up

When your 10,000 tickets sell out in 19 minutes, it is time to raise your prices. At the very least, Toast Marlborough, bring in some price discrimination so that those who want to pay for not queuing, or for “gold entry”, can do so. You’ve left money on the table.

Shipbuktu apologises and will refund for slow shipments

This was sent to me by Paul Ryan, and is about to be posted on to Shipbuktu’s website – on the control panel which is registered members only. It’s a pretty impressive response to the customer service issues they have been having, some of which have been reported here. Bolding is mine. Some customers are …

NZInstitute BB report: Telepresence growth benefits are limited

That’s the second part of the tree on page 7 of the NZ Institute report. It shows total annual benefits of $165-$335m in increased exports from decent broadband allowing better telepresence. Telepresence I guess is defined by the authors as basically video conferencing with big screens and higher resolution. To work it out the authors …