Australian Entrepreneur Is Taking On eBay And Tackling The Global Financial Crisis Head On!

The SOC Exchange launches cash-laden membership rewards program

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Quote startAt a time like this, when every cent counts, we feel sure that The SOC Exchange can help people to build a new online business, extend an existing one or simply make some extra money. You can sell anything you want and sell as much as you want for $1 per month or $10 per year, flat rateQuote end

New York (PRWEB) June 3, 2009

Australian Entrepreneur, Franco Lagudi is stirring up the waters for eBay and other 'buy and sell' sites in the US with an offering unmatched by any others in this space. Thousands of Americans are flocking to the site to sign up and create their own SOC Exchange marketplaces… and make some 'quick cash' in these financially treacherous times.

Lagudi announced an innovative, new membership rewards program that puts cash directly into the pockets of its members who refer friends. The SOC Exchange will pay current members a 'SOC Fee' of $4 for every friend who signs up for a one year subscription using their unique Referral ID. Upon request for payment, 'SOC Fees' will be paid directly into a member's PayPal account within 10 days from every Saturday.

A couple of years ago, Lagudi had a dream - to make it easy and affordable for everyone to own their piece of the net. Today, his dream is a reality and The SOC Exchange's novel service offering is attracting a big following in the online space, in a market previously dominated by eBay.

The concept is simple. For just $1 per month or $10 per year, flat rate, people can have their own unique website within The SOC Exchange portal (http://www.thesocexchange.com) on which they can list and sell as many items as they want, with no commission fees and no extra charges.

"We're not intentionally trying to be David battling the much larger Goliath here, but in simple terms, what we are offering is carving into eBay's share of the market," Lagudi commented. "We are giving sellers the opportunity to set up their own online marketplace where they can conduct as much trade as they want and 100% of the profit stays in their pocket."

"We are continually being told by internet users that they are fed up with the commissions and charges they are being forced to pay. They feel ambushed, to say the very least. The SOC Exchange is here to give the online community a choice and we will continue to keep the online space honest," Lagudi stated.

The SOC Exchange allows sellers to list 'buy now' prices with the option for buyers to also submit best offers on items that interest them. This format makes it a lot easier and more transparent for buyers and sellers to interact in The SOC Exchange marketplace.

The SOC Exchange offers 'sellers' and 'advertisers' the capacity to list literally anything and everything - from video games, scrapbooking & craft materials, cars and real estate, to baby items, boats, computers, sporting memorabilia, jewelry, jobs and resumes, plus much, much more.

'Members' get their own, customizable website, loaded with 'value add' IT features - with a unique URL - and have the capacity to add images and even post a blog - all for the set up fee of just $1 per month or $10 per year.

"With no additional fees or commissions and a phenomenal 'cash back' member rewards program, it's no wonder consumers are increasingly turning to The SOC Exchange," Lagudi added.

Buyers can register with the site free of charge and are then able to browse the numerous categories, search by product name, search within a set distance from their location, or go directly to a seller's site. Buyers can also bookmark those sites they want to return to and can register with their favorite sellers for email updates and information on new products.

"At a time like this, when every cent counts, we feel sure that The SOC Exchange can help people to build a new online business, extend an existing one or simply make some extra money. You can sell anything you want and sell as much as you want for $1 per month or $10 per year, flat rate," Lagudi stated.

For media information in the United States & Canada, contact:
Esther Koo
Southard Communications
Ph: 212 - 777 - 2220

Jaclyn Tyndorf
Southard Communications
Ph: 212 - 777 - 2220

For media information in Asia Pacific and Europe, contact:
Kerryn Nelson
Managing Director
Big Mouth Marketing Communications P/L
Ph: + 61 3 9558 3122 / 0417 035 536

About The SOC Exchange.com:
The SOC (pronounced 'sock') Exchange.com was created in 2008 by Australian entrepreneur, Franco Lagudi in order to provide a simple, low-cost online solution for people to buy and sell online that is unlike any other online platform on the market the world over.

The SOC Exchange offers users an easy way to host an e-commerce website which is suitable for all individuals and small businesses. Lagudi is a third generation food retailer, born and raised in Sydney, Australia.

Features:
The SOC Exchange is the perfect solution for all individuals, as well as businesses such as artists, antique dealers, booksellers, car dealers, real estate agents, rock bands, employers and recruiters and retail stores that want to sell or advertise products and services online.

The site offers members the following features, to name a few:

  •     Subscribers can create their own unique URL
  •     Job ads can be listed, along with images, photos & logos
  •     Jobseekers can market themselves via their own resume site
  •     An e-mail alert capability, which allows members to push e-mails to customers & jobseekers who sign-up for updates
  •     A customer tracking system, which informs members of the number of visitors to their website
  •     The ability for members to create a blog on their own website with automatic RSS feeds for their items, listings and blog
  •     Built-in technical safeguards such as SSL encryption and anti-virus protection, reliable and secure hosting and unlimited disk space and data transfer
  •     Unlimited email storage
  •     Sellers can receive offers from buyers and negotiate with buyers online
  •     Subscribers can customize their website to create an individual style or brand their page
  •     The ability to load up to six items on the front page of their website, with an unlimited number of items to be listed within their site
  •     Seven photos per individual item, giving buyers the chance to check out a potential purchase from any angle
  •     An optional seller location map
  •     Subscribers can advertise for free on their state homepage
  •     Sellers can elect to receive payments via any method they choose.(eg: check, cash, bank transfer or PayPal)

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