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May 22, 2012

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TradeMe goes public to the tune of $363m

The floating of TradeMe has drawn support from a diverse range of investors but now it’s back to business. It is now a standalone company publicly listed on both the NZSX and ASX under the ticker TME after the completion of its IPO, which raised $363.5 million.

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iPhone price hikes from the big guys

Telecom has followed Vodafone in sharply increasing its iPhone prices. Last month Telecom was adamant it was not putting up its prices, after Vodafone increased iPhone prices on its two cheapest plans due to high demand. But Telecom customers signing up for its $40 and $60 a month smartphone plans for 24-month terms will now pay between $210 and $280 more for their handset, depending on the plan and model.

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Smaller ISPs nail customer service

Internet service providers PlaNet, Actrix and Inspire have topped Consumer NZ’s customer service survey, with all three rating over 96 percent. But Vodafone had a 62 percent customer service satisfaction and Telecom/Xtra got 68 percent on its scorecard, well below the average – and Slingshot took the wooden spoon.


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Will Fonterra’s good fortune translate into dollars?

Fonterra has boosted its pre-Christmas boost forecast payout for farmers, which would result in nearly $300 million extra flowing into Kiwi coffers. Yesterday it raised its forecast payout for the 2011/12 season 20c to $6.90-$7, just three months after shaving 45c/kg off projected payouts citing falling easing prices and the strong dollar.

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Ziln joins Sony on screens

Ziln is bringing on-demand TV to Sony televisions, marking its expansion into a “full screen lounge room experience”. The Internet TV network is now available on Sony internet televisions, with more than 20 free channels of local content.

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Adidas turns to the Aussies

It was a big year of rugby for adidas and TBWA\ was behind much of the work done to leverage its sponsorship of the All Blacks. ‘All In’ and Stand in Black were solid campaigns, but for many they were overshadowed by the PR backlash that ensued after the jersey price debacle. And as the global sports giant shifts its focus away from rugby and towards other sports, so the focus also shifts away from the New Zealand branch and towards the two agencies it uses in Australia.

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Skilled workers back in demand

Skilled job vacancies are up again after a dip in the last two months, according to the latest analysis by the Department of Labour. The most recently results from the Department’s Jobs Online index show skilled job listings grew by 3.3 percent in November, compared to October. Job vacancies overall also grew by 4.2 percemt.

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Ecostore beats out big brands in consumer survey

Ecostore has emerged as the standout performer in a recent survey by Canstar Blue, beating big brands Persil, Reflect and Fab. In a study of nearly 2000 shoppers, consumers rated seven laundry detergent brands and deemed Ecostore the most effective. Founder Malcolm Rands said customers were moving towards brands that promote sustainability and are considered good for the environment.

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Stretch for success

You can be a winner at anything – if you set the bar low enough. But it shouldn’t be made too easy, writes Mike Hutcheson – after all, if everyone’s a winner, winning becomes the norm, not the exception. T

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It's official: Ad people are not like the rest of us
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