How do I start a Trade Me business?
Head to the home page, and select ‘Register’. Select ‘create a business account’, and fill out the application. Your email address and username must be different to your personal account. Once you’ve registered, we’ll send you a confirmation email to verify your account.
How much does it cost to sell a business on Trade Me?
On 1 November, we’re changing our success fee cap and pricing structure for professional sellers. The maximum success fee will go from $249 to $349, and success fees will have a three-tiered pricing structure, based on listing category. The new success fee tiers will be 5.9%, 7.9% and 9.9%.
Is Trade Me NZ owned?
Managed by Trade Me Ltd., the site was founded in 1999 by New Zealand entrepreneur Sam Morgan, who sold it to Fairfax in 2006 for NZ$700 million….Trade Me.
| Headquarters | Wellington (main office), Auckland, and Christchurch , New Zealand |
| Owner | Apax Partners |
| Founder(s) | Sam Morgan |
| Key people | Anders Skoe (CEO) |
| Employees | 550 |
Is it free to sell on Trade Me?
Fees. There are no upfront fees when listing items in marketplace categories (other than when listing animals, carbon credits, and domain names*). Instead, casual sellers are charged 7.9% of the sale price, and in-trade sellers are charged 7.9% of the sale price and the shipping cost combined.
What is the success fee on Trade Me?
Casual seller success fees
| Success fees – casual sellers | |
|---|---|
| Sold for $1 or less | $0 (no success fee) |
| Sold for more than $1 | 7.9% of sale price (maximum success fee = $349) |
What percentage does TradeMe take?
How did Sam Morgan make Trade Me?
The story goes that a young computer consultant named Sam Morgan started Trade Me after a frustrating experience buying a heater for his chilly Wellington flat. Sam was fed up with other websites that didn’t cater well to Kiwis, and he reckoned he could offer something better.
What is Sam Morgans net worth?
The NBR Rich List puts Mr Morgan’s wealth around $290 million.
Does TradeMe take a percentage?
If a trade doesn’t work out, you can apply for a success fee refund….Casual seller success fees.
| Success fees – casual sellers | |
|---|---|
| Sold for $1 or less | $0 (no success fee) |
| Sold for more than $1 | 7.9% of sale price (maximum success fee = $349) |
How do I register a business membership on Trade Me?
Head to the home page, and select ‘Register’. Select ‘ Business membership ’, and fill out the application. Your email address and username must be different to your personal account. Once you’ve registered, we’ll send you a confirmation email to verify your account. Head to the home page, and select ‘Register’.
Who is the owner of Trade Me Ltd?
Managed by Trade Me Ltd., the site was founded in 1999 by New Zealand entrepreneur Sam Morgan, who sold it to Fairfax in 2006 for NZ$700 million. Trade Me was publicly listed as a separate entity on 13 December 2011 under the ticker “TME”.
How many people are members of Trade Me?
Morgan took time off from the stress of running the booming Trade Me site in September 2001, and went to the United Kingdom to manage an IT team in London. When he returned to his role at Trade Me the site had become profitable, with a membership of 100,000 and growing. By April 2005, this number reached one million.
Why was Trade Me created in the first place?
Trade Me developed slowly initially, because its founder had little funding to pay for the costs of hosting and of expanding the site. In addition, Trade Me initially offered a completely free service for both buyers and sellers, a strategy for expanding its member base at the cost of short-term revenue.