(11-12-2022, 05:23 PM)jjshephard Wrote: What has happened to the engagement on Trademe, less than 13,000 online out of 5 million on Sunday early evening? The Trademe Community message board has threads with
single digit views and even no views at all, sales has tanked in the last 6 months. Is it really the bad economy or is everyone just spending their money only at Costco now
on lays chips and muffins?
Hoping things will go back to normal, unless there's an alternative to Trademe I'm unaware of.
Well 1 and a half years later it does seem Trademe is dying. Just found out it was delisted in May of 2019 at a share price of $6.45 and since then there's no graph to follow, but it's share price has plummeted to $4.32.
It seems the media is not covering this at all, but Trademe will not be like it was before, the current foreign owners are not interested by the looks of it, and Trademe's CEO? Who is he anyway, do they exist? Most of the worlds leading companies have a CEO that is quite public and brings confidence to their shareholders and customers, but not Trademe.
We used to sell well over 10% of our auctions and were Top Sellers, now we have consistently been selling at a 1% sell through rate for the past 6-7 weeks and prior to that 3 then 2%, ever declining, I have documented all our sales details, and can pretty much say Trademe is almost dead. There are so many auctions that have very low to no views even, which is extremely disheartening because this was our main source of income, so we have had to shift to Facebook Marketplace, and are actively searching alternive markets to sell in.
After trying to communicate with Trademe, no one there seems interested or bothered with the concerns of their customers, well they'll pretty much be without a job soon and the shareholders will cut their losses in the near future if they don't change and adapt soon.