And Loot maar it was!

January 30, 2008 at 6:49 am 1 comment

lootmaar posterWhen you put up a poster like this, what do you expect? A stampede no less! And that is exactly what happened (after the first few incredulous looks from non-believers) at SZABIST on 26th January when Adnan Haider and the team decided to go live with the first ever online auction to take place in Pakistan. There were 80 bids in 3 hours. The objective of the event? Captive user feedback and product develoment. Way to go Adnan! What an innovative way to launch Lootmaar! We expected nothing less from you young man. What a beginning!

Since its beta went up a few months ago, Lootmaar has tested and adjusted its modus operandi several times to ensure that customer feedback was incorporated. As Adnan says “Your users are smarter than you are”. It was an online space that started with auctioning new and used electronics. It has now moved on to include books. Try selling or buying an item and you will see that our home-grown eBay is well on its way.

the winner the auction

Captured on camera – the winner, Imran, is all smiles as he unloads the iPod shuffle and a Lootmaar tshirt from Lootmaar co-founder Noman.

Entry filed under: Posts.

Reminder – Startup Insiders Session in Islamabad and Lahore Alchemy Technologies to sponsor next Startup Insiders Session in Karachi on February 8

1 Comment Add your own

  • 1. Atif Abdul-Rahman  |  January 31, 2008 at 4:23 am

    I know you arent the best person to ask about the strategies of LootMaar but since I follow ur blog more closely than theirs, How would they provide settlements and conflict resolution between buyers and sellers?

    ive had both good and bad experiences with eBay in Germany, a country which has a very good law and order in place….?

    btw: keep up the good work!


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