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Tenbucks sells out

By Jason Norwood-Young, Contributor
Johannesburg, 29 Aug 2000

The consumer e-commerce site Tenbucks.co.za sold out yesterday after only six hours of trade. The site offered 1 000 boxes filled with goodies worth R100, for R10 each.

Designed as an introduction to e-commerce for first-time online buyers, Tenbucks was supported by the likes of Mall, MegaShopper, the South African Certification Agency and others. Primary sponsors of the site were ECNet, the E-Mail Corporation and Tutuka.com.

Tenbucks claims the site's speedy selling spree is a South African record. Rolf Eichweber, E-Mail Corporation COO, says the organisers are "ecstatic" with the response. "This was not a site for profit," he adds. "It was designed to benefit the entire South African Internet community."

According to Eichweber, the boxes typically contained vouchers for flowers or CDs, caps, t-shirts, fridge poetry and other various items. Some 30 lucky buyers will each receive a Pentium III processor.

About 80% to 90% of the money raised by the site will be donated to the Nelson Mandela Children's Fund and the SPCA. The future of the Tenbucks site is still unclear at this point.

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