Tradeate aims to provide a buyer-driven service, where the purchaser states exactly what they need and is then matched up with a suitable seller.
New business challenges the status quo of online buying
A new business, developed whilst its founder, Daniel Adamczyk, was still a student at the University, aims to provide students with a new way to buy and sell their items.
Most e-commerce websites require the buyer to sift through pages of items to find what they want. Tradeate aims to provide a buyer-driven service, where the purchaser states exactly what they need and is then matched up with a suitable seller.
Daniel (Economics, 2014) says that, as well as his degree, the extra-curricular activities which he undertook at Exeter helped a lot when he began to try and develop his Business. These included attending alumni events, volunteering to be Economics Subject Chair of Student Staff Liaison Committee and shadowing James Hutchinson School Manager of the Business School.
”I have found attending events such as the Business School’s informal alumni events at the IOD in London very useful, both for gaining advice from alumni who have well-established businesses and for developing contacts that might become valuable in the future once our business has grown,” he said.
Daniel and his team aim to focus initially on the student market where there is a lot of potential for the re-sale of textbooks and household items, but are also investigating other possible markets such as business property contract tendering.
From his experience so far Daniel suggested his top tips for those thinking of setting up a business themselves:
- Be bold.
- Tell everyone about your idea.
- Don’t be afraid to take risks, they are inherent in starting any new business.
- Network, because you never know when a contact might become useful.
Date: 20 October 2014